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

INJ

all INJ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0231%/8h= +25.3% APRnext payment +$2.31 per $10,000 · paid last 24h +0.062%
Price spread now: MEXC against Gate+0.051%7-day average +0.008% · you sell dearer than you buy
Net, funding: paid 7d − costs−$17as in the Funding arb table
Net, price: spread back to 7d avg − costs−$40as in the Price arb table
costs, in and out, $10k−$450.447% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.279%+$28 on $10k
Price spread, last 7 days−0.067%−$7 · spread now +0.051%, 7d avg +0.008%
Together, before fees+0.211%+$21 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and MEXC is 0.043% dearer against Gate than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.008%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate INJ_USDT7.85400.0054pay 0.0054% / 8h7h 40m$2.8M$4.9M50x
ShortMEXC INJ_USDT7.85800.0285get 0.0285% / 8h7h 40m$31.8M$22.6M300x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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
$48.51
Price spread: +0.051% → +0.008%
$4.27
Slippage, 4 orders
−$29.72
Fee Gate: 7.5 bp × 2 orders
−$15
Fee MEXC: 0 bp × 2 orders
$0
Net
$8.06
Costs to cover
0.447%
Break-even
5.8 days
Slippage from Gate: live order book, 3 min ago; MEXC: live order book, 3 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, 3 min ago3.18 bp18.7 bp −$1957.1 bp −$571doesn't fitdoesn't fit
Sell MEXC live order book, 3 min ago0.64 bp1.7 bp −$29.0 bp −$9050.6 bp −$5,062100.1 bp −$50.0K

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
Bybit INJUSDT−0.0240%8h7.8558+0.023%$22.0M$31.5M50xas long as short
Reya INJRUSDPERP−0.0200%1h7.8521−0.025%20xas long as short
Deribit INJ_USDC-PERPETUAL−0.0170%1h7.8585+0.057%$6K$24K25xas long as short
dYdX INJ-USD0.0000%1h7.8523−0.022%$91K$8K5xas long as short
gTrade (Gains Network) INJ/USDL +0.0006% / S −0.0002%1h7.8580+0.051%$3K150xas long as short
Gate INJ_USDTlong+0.0054%8h7.8540long leg$2.8M$4.9M50x
Variational Omni INJ+0.0084%8h7.8543+0.004%$280K$160Kas long as short
Aevo INJ-PERP+0.0096%1h7.8568+0.036%$71K3xas long as short
Orderly PERP_INJ_USDC+0.0100%8h7.8580+0.051%$38K$66K10xas long as short
Aster INJUSDT+0.0100%8h7.8632+0.117%$150K$443K20xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance INJUSDT+0.0100%8h7.8599+0.075%$35.8M$93.7M75xas long as short
OKX INJ-USDT-SWAP+0.0100%8h7.8510−0.038%$6.4M$19.9M50xas long as short
KuCoin INJUSDTM+0.0100%8h7.8520−0.025%$9.5M$16.6M50xas long as short
Bitget INJUSDT+0.0100%8h7.8560+0.025%$14.5M$10.3M75xas long as short
ApeX Omni INJUSDT+0.0100%1h7.8550+0.013%$48K$349K50xas long as short
Extended INJ-USD+0.0104%1h7.8583+0.055%$117K$627K10xas long as short
Kraken Futures PF_INJUSD+0.0194%1h7.8621+0.103%$888K$3.0M50xas long as short
BloFin INJ-USDT+0.0220%8h7.8620+0.102%$1.8M$7.7M75xas long as short
BingX INJ-USDT+0.0271%8h7.85400.000%$21.5Mas long as short
MEXC INJ_USDTshort+0.0285%8h7.8580+0.051%$31.8M$22.6M300x
GMX INJ/USD [WBTC.b-USDC]L +0.0356% / S −0.0418%1h7.8578+0.049%$47K100xas long as short
Hyperliquid INJ+0.0585%1h7.8655+0.146%$26.5M$9.2M5xas long as short
Coinbase International INJ-PERP-INTX+0.0632%1h7.8820+0.357%$386K$661K50xas long as short
Injective INJ/USDC PERP+0.1436%1h7.8930+0.497%$329K$12.1M30xas long as short