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

INJ

all INJ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC−0.0931%/8h= −102.0% APRpaid last 24h −0.311%
Price spread now: BingX against Injective−0.234%7-day average −0.247% · you buy dearer than you sell
Net, funding: paid 7d − costs−$222as in the Funding arb table
Net, price: spread back to 7d avg − costs−$61as in the Price arb table
costs, in and out, $10k−$630.625% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−1.591%−$159 on $10k
Price spread, last 4 days (all we have)−0.146%−$15 · spread now −0.234%, 7d avg −0.247%
Together, before fees−1.737%−$174 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.247%, so right now this pair is about funding alone: −$28 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective INJ/USDC PERP7.68700.1179pay 0.0147% / 1h39m 05s$320K$12.1M30x
ShortBingX INJ-USDT7.66900.0248get 0.0248% / 8h1h 39m$21.1M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Injective. 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
−$195.61
Price spread: −0.234% → −0.247%
$1.27
Slippage, 4 orders
−$52.5
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee BingX: 5 bp × 2 orders
−$10
Net
−$256.87
Costs to cover
0.625%
Break-even
never at this rate
Slippage from Injective: live order book, 5 min ago; BingX: live order book, 5 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 Injective live order book, 5 min ago23.43 bp23.4 bp −$238128.6 bp −$81.3K171285.5 bp −$17.13M896426.6 bp −$448.21M
Sell BingX live order book, 5 min ago0.65 bp6.3 bp −$68.9 bp −$8926.6 bp −$2,65880.9 bp −$40.5K

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%1h7.6665−0.266%20xas long as short
dYdX INJ-USD0.0000%1h7.6617−0.329%$79K$17K5xas long as short
gTrade (Gains Network) INJ/USDL +0.0007% / S −0.0017%1h7.6681−0.245%$19K150xas long as short
Kraken Futures PF_INJUSD+0.0054%1h7.6825−0.058%$797K$3.5M50xas long as short
Aevo INJ-PERP+0.0096%1h7.6681−0.246%$69K3xas long as short
Orderly PERP_INJ_USDC+0.0100%8h7.6720−0.195%$35K$94K10xas long as short
Aster INJUSDT+0.0100%8h7.6704−0.216%$139K$421K20xas long as short
Binance INJUSDT+0.0100%8h7.6740−0.169%$33.8M$98.0M75xas long as short
Bybit INJUSDT+0.0100%8h7.6686−0.239%$21.2M$31.9M50xas long as short
OKX INJ-USDT-SWAP+0.0100%8h7.6680−0.247%$6.2M$19.2M50xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate INJ_USDT+0.0100%8h7.6680−0.247%$2.7M$5.3M50xas long as short
KuCoin INJUSDTM+0.0100%8h7.6740−0.169%$8.5M$18.3M50xas long as short
Bitget INJUSDT+0.0100%8h7.6640−0.299%$14.1M$10.5M75xas long as short
Variational Omni INJ+0.0100%8h7.6682−0.245%$272K$150Kas long as short
ApeX Omni INJUSDT+0.0100%1h7.6710−0.208%$46K$269K50xas long as short
Extended INJ-USD+0.0104%1h7.6696−0.226%$114K$563K10xas long as short
BloFin INJ-USDT+0.0220%8h7.6800−0.091%$1.7M$5.7M75xas long as short
Hyperliquid INJ+0.0222%1h7.6738−0.172%$25.8M$8.6M5xas long as short
BingX INJ-USDTshort+0.0248%8h7.6690−0.234%$21.1M
MEXC INJ_USDT+0.0261%8h7.6710−0.208%$30.0M$20.1M300xas long as short
GMX INJ/USD [WBTC.b-USDC]L +0.0268% / S −0.0198%1h7.6698−0.224%$29K100xas long as short
Coinbase International INJ-PERP-INTX+0.0464%1h7.6830−0.052%$383K$675K50xas long as short
Deribit INJ_USDC-PERPETUAL+0.0519%1h7.6789−0.105%$7K$25K25xas long as short
Injective INJ/USDC PERPlong+0.1179%1h7.6870long leg$320K$12.1M30x