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

INJ

all INJ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0003%/8h= −0.3% APRpaid last 24h −0.025%
Price spread now: BingX against GMX−0.024%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
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 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.024% cheaper against GMX than usual: you would sell low and buy high, −$2 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGMX INJ/USD [WBTC.b-USDC]7.7659L +0.0274% / S −0.0211%pay 0.0034% / 1h50m 29s$30K100x
ShortBingX INJ-USDT7.76400.0271get 0.0271% / 8h6h 50m$21.5M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against GMX. 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
−$0.59
Price spread: −0.024% → 0.000%
−$2.39
Slippage, 4 orders
no order book: not counted
Fee GMX: 6 bp × 2 orders
−$12
Fee BingX: 5 bp × 2 orders
−$10
Net
−$24.98
Costs to cover
0.220%
Break-even
never at this rate
Slippage unknown: GMX: no order-book sample; BingX: live order book, 3 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy GMX no order-book sample
Sell BingX live order book, 3 min ago1.29 bp6.3 bp −$68.6 bp −$8625.1 bp −$2,50674.1 bp −$37.0K
GMX: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Reya INJRUSDPERP−0.0200%1h7.7563−0.123%20xas long as short
Deribit INJ_USDC-PERPETUAL0.0000%1h7.7716+0.074%$6K$24K25xas long as short
gTrade (Gains Network) INJ/USDL +0.0006% / S −0.0002%1h7.7653−0.007%$3K150xas long as short
dYdX INJ-USD+0.0024%1h7.7690+0.040%$80K$17K5xas long as short
Aevo INJ-PERP+0.0096%1h7.7703+0.058%$70K3xas long as short
Aster INJUSDT+0.0100%8h7.7696+0.048%$148K$427K20xas long as short
Binance INJUSDT+0.0100%8h7.7646−0.016%$35.4M$93.0M75xas long as short
Bybit INJUSDT+0.0100%8h7.7617−0.054%$22.0M$31.3M50xas long as short
OKX INJ-USDT-SWAP+0.0100%8h7.7610−0.063%$6.3M$19.1M50xas long as short
Gate INJ_USDT+0.0100%8h7.7620−0.050%$2.8M$4.8M50xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin INJUSDTM+0.0100%8h7.7710+0.066%$9.3M$16.6M50xas long as short
Bitget INJUSDT+0.0100%8h7.7550−0.140%$14.2M$10.3M75xas long as short
Variational Omni INJ+0.0100%8h7.7673+0.019%$275K$158Kas long as short
ApeX Omni INJUSDT+0.0100%1h7.7600−0.075%$47K$312K50xas long as short
Orderly PERP_INJ_USDC+0.0100%8h7.7710+0.066%$37K$66K10xas long as short
Extended INJ-USD+0.0104%1h7.7654−0.005%$115K$363K10xas long as short
BloFin INJ-USDT+0.0220%8h7.7770+0.143%$1.8M$6.7M75xas long as short
BingX INJ-USDTshort+0.0271%8h7.7640−0.024%$21.5M
GMX INJ/USD [WBTC.b-USDC]longL +0.0274% / S −0.0211%1h7.7659long leg$30K100x
MEXC INJ_USDT+0.0285%8h7.7640−0.024%$30.9M$21.0M300xas long as short
Hyperliquid INJ+0.0330%1h7.7684+0.033%$26.2M$8.8M5xas long as short
Kraken Futures PF_INJUSD+0.0407%1h7.7734+0.098%$873K$3.0M50xas long as short
Coinbase International INJ-PERP-INTX+0.0624%1h7.8010+0.453%$381K$637K50xas long as short
Injective INJ/USDC PERP+0.1354%1h7.8070+0.530%$325K$12.1M30xas long as short