Funding arb · Price arb /

INJ

all INJ markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0098%/8h= −10.7% APRpaid last 24h −0.009%

Price spread now: gTrade (Gains Network) against Gate+0.070%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Gate Short on gTrade (Gains Network)

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

The price spread pays, funding is against you. gTrade (Gains Network) is 0.070% dearer against Gate than usual: you sell high and buy low (spread +0.070% now, against zero (this spread has no 7-day history yet)): +$7 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 2.4 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate INJ_USDT	7.9380	0.0100	pay 0.0100% / 8h	53m 48s	$2.9M	$5.0M	50x
Short	gTrade (Gains Network) INJ/USD	7.9436	L +0.0006% / S −0.0002%	get 0.0000% / 1h	53m 48s	$4K	—	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) 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

Position, each leg$Hold fordaysFee GatebpFee gTrade (Gains Network)bpOrdersPrice spread, now +0.070%Rate

Funding earned: −$20.53
Price spread: +0.070% → 0.000%: $7.02
Slippage, 4 orders: no order book: not counted
Fee Gate: 7.5 bp × 2 orders: −$15
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Net: −$38.51
Costs to cover: 0.250%
Break-even: never at this rate

Slippage unknown: Gate: live order book, 4 min ago; gTrade (Gains Network): no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Gate live order book, 4 min ago	4.43 bp	16.6 bp −$17	51.5 bp −$515	doesn't fit	doesn't fit
Sell gTrade (Gains Network) no order-book sample	—	—	—	—	—

gTrade (Gains Network): no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

INJ on 24 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Reya INJRUSDPERP	−0.0200%	1h	7.9412	+0.041%	—	—	20x	as long as short
dYdX INJ-USD	0.0000%	1h	7.9574	+0.244%	$92K	$8K	5x	as long as short
Deribit INJ_USDC-PERPETUAL	0.0000%	1h	7.9484	+0.131%	$7K	$23K	25x	as long as short
gTrade (Gains Network) INJ/USDshort	L +0.0006% / S −0.0002%	1h	7.9436	+0.070%	$4K	—	150x
ApeX Omni INJUSDT	+0.0079%	1h	7.9180	−0.252%	$49K	$348K	50x	as long as short
Aevo INJ-PERP	+0.0096%	1h	7.9485	+0.132%	$72K	$13K	3x	as long as short
Orderly PERP_INJ_USDC	+0.0099%	8h	7.9470	+0.113%	$39K	$63K	10x	as long as short
Aster INJUSDT	+0.0100%	8h	7.9467	+0.110%	$159K	$440K	20x	as long as short
Binance INJUSDT	+0.0100%	8h	7.9430	+0.063%	$36.2M	$94.1M	75x	as long as short
Bybit INJUSDT	+0.0100%	8h	7.9356	−0.030%	$22.0M	$31.6M	50x	as long as short

Show all 24 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX INJ-USDT-SWAP	+0.0100%	8h	7.9390	+0.013%	$6.5M	$20.4M	50x	as long as short
Gate INJ_USDTlong	+0.0100%	8h	7.9380	long leg	$2.9M	$5.0M	50x
KuCoin INJUSDTM	+0.0100%	8h	7.9390	+0.013%	$9.6M	$16.5M	50x	as long as short
Bitget INJUSDT	+0.0100%	8h	7.9390	+0.013%	$14.6M	$10.6M	75x	as long as short
Variational Omni INJ	+0.0100%	8h	7.9214	−0.209%	$279K	$157K	—	as long as short
Extended INJ-USD	+0.0104%	1h	7.9405	+0.031%	$120K	$460K	10x	as long as short
Kraken Futures PF_INJUSD	+0.0201%	1h	7.9512	+0.166%	$884K	$3.0M	50x	as long as short
BloFin INJ-USDT	+0.0220%	8h	7.9460	+0.101%	$1.8M	$7.6M	75x	as long as short
BingX INJ-USDT	+0.0271%	8h	7.9370	−0.013%	—	$21.5M	—	as long as short
MEXC INJ_USDT	+0.0285%	8h	7.9410	+0.038%	$32.5M	$22.6M	300x	as long as short
GMX INJ/USD [WBTC.b-USDC]	L +0.0358% / S −0.0418%	1h	7.9439	+0.074%	$47K	—	100x	as long as short
Hyperliquid INJ	+0.0610%	1h	7.9518	+0.174%	$26.9M	$9.6M	5x	as long as short
Coinbase International INJ-PERP-INTX	+0.0632%	1h	7.9620	+0.302%	$391K	$729K	50x	as long as short
Injective INJ/USDC PERP	+0.1298%	1h	7.9510	+0.164%	$325K	$12.1M	30x	as long as short