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

INJ

all INJ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.1399%/8h= +153.2% APRpaid last 24h +0.311%
Price spread now: Injective against Gate+0.740%7-day average +0.240% · you sell dearer than you buy
Net, funding: paid 7d − costs+$86as in the Funding arb table
Net, price: spread back to 7d avg − costs−$45as in the Price arb table
costs, in and out, $10k−$950.945% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+1.804%+$180 on $10k
Price spread, last 3 days (all we have)−0.164%−$16 · spread now +0.740%, 7d avg +0.240%
Together, before fees+1.640%+$164 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$42 a day on $10k at the current rate, and Injective is 0.500% dearer against Gate than usual: you sell high and buy low: +$50 more if the spread goes back to its 7-day average of +0.240%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate INJ_USDT7.70500.0100pay 0.0100% / 8h2h 52m$2.7M$5.0M50x
ShortInjective INJ/USDC PERP7.76200.1499get 0.0187% / 1h52m 41s$318K$12.1M30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective 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
$293.79
Price spread: +0.740% → +0.240%
$49.99
Slippage, 4 orders
−$79.5
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
$249.26
Costs to cover
0.945%
Break-even
1.1 days
Slippage from Gate: live order book, just now; Injective: live order book, 1 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, just now1.30 bp21.3 bp −$2158.8 bp −$588doesn't fitdoesn't fit
Sell Injective live order book, 1 min ago26.53 bp26.5 bp −$2746.4 bp −$464doesn'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%1h7.7104+0.070%20xas long as short
Deribit INJ_USDC-PERPETUAL−0.0178%1h7.7141+0.118%$7K$23K25xas long as short
dYdX INJ-USD0.0000%1h7.7139+0.116%$89K$10K5xas long as short
gTrade (Gains Network) INJ/USDL +0.0006% / S −0.0002%1h7.7142+0.119%$3K150xas long as short
Variational Omni INJ+0.0071%8h7.7275+0.292%$270K$155Kas long as short
Kraken Futures PF_INJUSD+0.0078%1h7.7140+0.116%$893K$3.2M50xas long as short
Orderly PERP_INJ_USDC+0.0096%8h7.7120+0.091%$38K$65K10xas long as short
Aevo INJ-PERP+0.0096%1h7.7131+0.105%$70K$13K3xas long as short
Aster INJUSDT+0.0100%8h7.7144+0.121%$152K$440K20xas long as short
Binance INJUSDT+0.0100%8h7.7148+0.128%$35.2M$95.0M75xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit INJUSDT+0.0100%8h7.7106+0.073%$21.6M$31.5M50xas long as short
OKX INJ-USDT-SWAP+0.0100%8h7.7090+0.052%$6.3M$20.4M50xas long as short
Gate INJ_USDTlong+0.0100%8h7.7050long leg$2.7M$5.0M50x
KuCoin INJUSDTM+0.0100%8h7.7100+0.065%$9.4M$16.1M50xas long as short
Bitget INJUSDT+0.0100%8h7.7100+0.065%$14.1M$10.9M75xas long as short
ApeX Omni INJUSDT+0.0100%1h7.7300+0.324%$47K$347K50xas long as short
Extended INJ-USD+0.0104%1h7.7117+0.087%$119K$458K10xas long as short
BloFin INJ-USDT+0.0220%8h7.7160+0.143%$1.8M$7.7M75xas long as short
BingX INJ-USDT+0.0271%8h7.7090+0.052%$21.3Mas long as short
MEXC INJ_USDT+0.0285%8h7.7100+0.065%$32.2M$23.3M300xas long as short
GMX INJ/USD [WBTC.b-USDC]L +0.0389% / S −0.0466%1h7.7135+0.110%$47K100xas long as short
Hyperliquid INJ+0.0522%1h7.7268+0.283%$26.0M$8.9M5xas long as short
Coinbase International INJ-PERP-INTX+0.0688%1h7.7190+0.182%$379K$685K50xas long as short
Injective INJ/USDC PERPshort+0.1499%1h7.7620+0.740%$318K$12.1M30x