Settings8H · net · $10k
Funding arb · Price arb /

INJ

all INJ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC+0.0120%/8h= +13.1% APRnext payment +$1.20 per $10,000 · paid last 24h +0.052%
Price spread now: BloFin against Gate+0.090%7-day average −0.006% · you sell dearer than you buy
Net, funding: paid 7d − costs−$48as in the Funding arb table
Net, price: spread back to 7d avg − costs−$61as in the Price arb table
costs, in and out, $10k−$700.704% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.219%+$22 on $10k
Price spread, last 4 days (all we have)+0.395%+$39 · spread now +0.090%, 7d avg −0.006%
Together, before fees+0.614%+$61 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and BloFin is 0.096% dearer against Gate than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of −0.006%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate INJ_USDT7.77700.0100pay 0.0100% / 8h7h 39m$2.7M$5.8M50x
ShortBloFin INJ-USDT7.78400.0220get 0.0220% / 8h7h 39m$1.7M$5.8M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Gate. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$25.2
Price spread: +0.090% → −0.006%
$9.6
Slippage, 4 orders
−$43.35
Fee Gate: 7.5 bp × 2 orders
−$15
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$35.55
Costs to cover
0.704%
Break-even
16.9 days
Slippage from Gate: live order book, 4 min ago; BloFin: live order book, 5 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Gate live order book, 4 min ago4.48 bp20.5 bp −$2052.7 bp −$527doesn't fitdoesn't fit
Sell BloFin live order book, 5 min ago0.64 bp11.8 bp −$1226.1 bp −$261doesn't fitdoesn't fit

INJ on 24 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Reya INJRUSDPERP−0.0200%1h7.7865+0.122%20xas long as short
dYdX INJ-USD0.0000%1h7.7868+0.127%$80K$18K5xas long as short
gTrade (Gains Network) INJ/USDL +0.0007% / S −0.0022%1h7.7887+0.150%$18K150xas long as short
Aevo INJ-PERP+0.0096%1h7.7858+0.113%$70K3xas long as short
Orderly PERP_INJ_USDC+0.0100%8h7.7930+0.206%$35K$72K10xas long as short
Aster INJUSDT+0.0100%8h7.7766−0.005%$150K$445K20xas long as short
Binance INJUSDT+0.0100%8h7.7780+0.013%$34.6M$104.0M75xas long as short
Bybit INJUSDT+0.0100%8h7.7744−0.033%$21.6M$32.9M50xas long as short
OKX INJ-USDT-SWAP+0.0100%8h7.7750−0.026%$6.1M$21.0M50xas long as short
Gate INJ_USDTlong+0.0100%8h7.7770long leg$2.7M$5.8M50x
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin INJUSDTM+0.0100%8h7.7840+0.090%$8.6M$18.7M50xas long as short
Bitget INJUSDT+0.0100%8h7.7720−0.064%$14.3M$12.1M75xas long as short
Variational Omni INJ+0.0100%8h7.7912+0.183%$277K$143Kas long as short
ApeX Omni INJUSDT+0.0100%1h7.7990+0.283%$47K$266K50xas long as short
Extended INJ-USD+0.0104%1h7.7929+0.204%$119K$642K10xas long as short
BloFin INJ-USDTshort+0.0220%8h7.7840+0.090%$1.7M$5.8M75x
BingX INJ-USDT+0.0248%8h7.7810+0.051%$21.7Mas long as short
MEXC INJ_USDT+0.0261%8h7.7890+0.154%$31.3M$21.0M300xas long as short
GMX INJ/USD [WBTC.b-USDC]L +0.0327% / S −0.0344%1h7.7876+0.137%$41K100xas long as short
Deribit INJ_USDC-PERPETUAL+0.0469%1h7.7948+0.229%$5K$27K25xas long as short
Hyperliquid INJ+0.0660%1h7.7868+0.126%$26.2M$8.8M5xas long as short
Coinbase International INJ-PERP-INTX+0.0680%1h7.7950+0.231%$390K$749K50xas long as short
Kraken Futures PF_INJUSD+0.0826%1h7.7926+0.200%$853K$3.8M50xas long as short
Injective INJ/USDC PERP+0.1302%1h7.8050+0.360%$320K$11.3M30xas long as short