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−0.0253%/8h= −27.7% APRpaid last 24h −0.064%
Price spread now: KuCoin against GMX−0.006%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
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$8 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGMX INJ/USD [WBTC.b-USDC]7.7524L +0.0353% / S −0.0391%pay 0.0044% / 1h6m 28s$47K100x
ShortKuCoin INJUSDTM7.75200.0100get 0.0100% / 8h2h 06m$9.5M$16.2M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
−$53.2
Price spread: −0.006% → 0.000%
−$0.55
Slippage, 4 orders
no order book: not counted
Fee GMX: 6 bp × 2 orders
−$12
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$77.75
Costs to cover
0.240%
Break-even
never at this rate
Slippage unknown: GMX: no order-book sample; KuCoin: live order book, 2 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 KuCoin live order book, 2 min ago1.93 bp23.8 bp −$2439.5 bp −$395342.4 bp −$34.2Kdoesn't fit
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%1h7.7491−0.043%20xas long as short
dYdX INJ-USD0.0000%1h7.7523−0.002%$89K$10K5xas long as short
Deribit INJ_USDC-PERPETUAL0.0000%1h7.7708+0.237%$7K$23K25xas long as short
gTrade (Gains Network) INJ/USDL +0.0006% / S −0.0002%1h7.7541+0.022%$3K150xas long as short
Variational Omni INJ+0.0073%8h7.7603+0.102%$272K$157Kas long as short
Kraken Futures PF_INJUSD+0.0078%1h7.7606+0.105%$883K$3.2M50xas long as short
Aevo INJ-PERP+0.0096%1h7.7665+0.182%$70K$13K3xas long as short
Orderly PERP_INJ_USDC+0.0097%8h7.7560+0.046%$38K$65K10xas long as short
Aster INJUSDT+0.0100%8h7.7582+0.074%$155K$443K20xas long as short
Binance INJUSDT+0.0100%8h7.7544+0.025%$35.5M$94.9M75xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit INJUSDT+0.0100%8h7.7483−0.053%$21.5M$32.0M50xas long as short
OKX INJ-USDT-SWAP+0.0100%8h7.7490−0.044%$6.4M$20.2M50xas long as short
Gate INJ_USDT+0.0100%8h7.7500−0.031%$2.8M$5.1M50xas long as short
KuCoin INJUSDTMshort+0.0100%8h7.7520−0.006%$9.5M$16.2M50x
Bitget INJUSDT+0.0100%8h7.7510−0.018%$14.3M$11.0M75xas long as short
ApeX Omni INJUSDT+0.0100%1h7.7760+0.304%$47K$347K50xas long as short
Extended INJ-USD+0.0104%1h7.7522−0.003%$118K$460K10xas long as short
BloFin INJ-USDT+0.0220%8h7.7620+0.123%$1.8M$7.6M75xas long as short
BingX INJ-USDT+0.0271%8h7.7530+0.007%$21.3Mas long as short
MEXC INJ_USDT+0.0285%8h7.7550+0.033%$31.7M$23.8M300xas long as short
GMX INJ/USD [WBTC.b-USDC]longL +0.0353% / S −0.0391%1h7.7524long leg$47K100x
Coinbase International INJ-PERP-INTX+0.0688%1h7.7950+0.549%$389K$699K50xas long as short
Hyperliquid INJ+0.0956%1h7.7704+0.232%$26.8M$9.4M5xas long as short
Injective INJ/USDC PERP+0.1499%1h7.8110+0.756%$320K$12.1M30xas long as short