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

INJ

all INJ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0265%/8h= −29.0% APRnext payment $0.33 per $10,000 · paid last 24h −0.089%
Price spread now: gTrade (Gains Network) against GMX−0.022%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
Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and gTrade (Gains Network) is 0.022% cheaper against GMX than usual: you would sell low and buy high (−$2 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGMX INJ/USD [WBTC.b-USDC]7.6046L +0.0267% / S −0.0198%pay 0.0033% / 1h50m 59s$29K100x
ShortgTrade (Gains Network) INJ/USD7.6029L +0.0006% / S −0.0002%get 0.0000% / 1h50m 59s$3K150x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) 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
−$55.67
Price spread: −0.022% → 0.000%
−$2.21
Slippage, 4 orders
no order book: not counted
Fee GMX: 6 bp × 2 orders
−$12
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Net
−$79.88
Costs to cover
0.220%
Break-even
never at this rate
Slippage unknown: GMX: no order-book sample; 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
LegHalf-spread$10k$100k$1M$5M
Buy GMX no order-book sample
Sell gTrade (Gains Network) no order-book sample
GMX and 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_INJUSD−0.0233%1h7.6018−0.037%$803K$3.5M50xas long as short
Reya INJRUSDPERP−0.0200%1h7.6020−0.034%20xas long as short
dYdX INJ-USD0.0000%1h7.6005−0.054%$79K$17K5xas long as short
Deribit INJ_USDC-PERPETUAL0.0000%1h7.6022−0.032%$6K$24K25xas long as short
gTrade (Gains Network) INJ/USDshortL +0.0006% / S −0.0002%1h7.6029−0.022%$3K150x
Aevo INJ-PERP+0.0096%1h7.5999−0.062%$69K3xas long as short
Hyperliquid INJ+0.0100%1h7.6065+0.025%$25.7M$8.8M5xas long as short
Aster INJUSDT+0.0100%8h7.6034−0.016%$140K$421K20xas long as short
Binance INJUSDT+0.0100%8h7.6010−0.048%$33.3M$97.7M75xas long as short
Bybit INJUSDT+0.0100%8h7.5991−0.073%$21.1M$32.3M50xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX INJ-USDT-SWAP+0.0100%8h7.6010−0.048%$6.1M$19.4M50xas long as short
Gate INJ_USDT+0.0100%8h7.5990−0.074%$2.7M$5.2M50xas long as short
KuCoin INJUSDTM+0.0100%8h7.6000−0.061%$9.4M$17.6M50xas long as short
Bitget INJUSDT+0.0100%8h7.5970−0.100%$13.9M$10.5M75xas long as short
Variational Omni INJ+0.0100%8h7.6002−0.059%$267K$151Kas long as short
ApeX Omni INJUSDT+0.0100%1h7.6010−0.048%$46K$271K50xas long as short
Orderly PERP_INJ_USDC+0.0100%8h7.6030−0.021%$34K$94K10xas long as short
Extended INJ-USD+0.0104%1h7.5990−0.074%$113K$364K10xas long as short
BloFin INJ-USDT+0.0220%8h7.5990−0.074%$1.6M$5.9M75xas long as short
BingX INJ-USDT+0.0248%8h7.6050+0.005%$21.3Mas long as short
MEXC INJ_USDT+0.0261%8h7.6010−0.048%$30.0M$21.3M300xas long as short
GMX INJ/USD [WBTC.b-USDC]longL +0.0267% / S −0.0198%1h7.6046long leg$29K100x
Coinbase International INJ-PERP-INTX+0.0552%1h7.6210+0.215%$370K$622K50xas long as short
Injective INJ/USDC PERP+0.1172%1h7.6210+0.215%$318K$12.1M30xas long as short