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

INJ

all INJ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC−0.1367%/8h= −149.7% APRnext payment $1.71 per $10,000 · paid last 24h −0.351%
Price spread now: Deribit against Injective−0.612%63s7-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 5 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 −$41 a day on $10k at the current rate, and Deribit is 0.612% cheaper against Injective than usual: you would sell low and buy high (−$61 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 63 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective INJ/USDC PERP7.84400.1367pay 0.0171% / 1h37m 49s$321K$12.1M30x
ShortDeribit INJ_USDC-PERPETUAL7.79600get 0.0000% / 1h37m 49s$7K$23K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Deribit 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
−$287.1
Price spread: −0.612% → 0.000%
−$61.19
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee Deribit: 3.5 bp × 2 orders
−$7
Net
−$355.31
Costs to cover
0.070%
Break-even
never at this rate
Slippage unknown: Injective: live order book, 1 min ago; Deribit: 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 Injective live order book, 1 min ago26.23 bp26.2 bp −$262824.8 bp −$28.2K118247.5 bp −$11.82M631236.9 bp −$315.62M
Sell Deribit no order-book sample
Deribit: 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%1h7.7916−0.668%20xas long as short
dYdX INJ-USD0.0000%1h7.7990−0.574%$90K$8K5xas long as short
Deribit INJ_USDC-PERPETUALshort0.0000%1h7.7960−0.612%$7K$23K25x
gTrade (Gains Network) INJ/USDL +0.0006% / S −0.0002%1h7.7966−0.604%$3K150xas long as short
Aevo INJ-PERP+0.0096%1h7.7906−0.681%$70K$13K3xas long as short
Orderly PERP_INJ_USDC+0.0098%8h7.7970−0.599%$38K$63K10xas long as short
Kraken Futures PF_INJUSD+0.0099%1h7.7931−0.649%$873K$3.2M50xas long as short
Aster INJUSDT+0.0100%8h7.7971−0.598%$156K$440K20xas long as short
Binance INJUSDT+0.0100%8h7.7920−0.663%$35.7M$94.3M75xas long as short
Bybit INJUSDT+0.0100%8h7.7830−0.778%$21.6M$31.7M50xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX INJ-USDT-SWAP+0.0100%8h7.7880−0.714%$6.4M$20.1M50xas long as short
Gate INJ_USDT+0.0100%8h7.7890−0.701%$2.8M$5.0M50xas long as short
KuCoin INJUSDTM+0.0100%8h7.7890−0.701%$9.5M$16.4M50xas long as short
Bitget INJUSDT+0.0100%8h7.7860−0.739%$14.3M$10.9M75xas long as short
Variational Omni INJ+0.0100%8h7.7936−0.642%$273K$157Kas long as short
ApeX Omni INJUSDT+0.0100%1h7.7980−0.586%$48K$348K50xas long as short
Extended INJ-USD+0.0104%1h7.7885−0.707%$118K$460K10xas long as short
BloFin INJ-USDT+0.0220%8h7.7980−0.586%$1.8M$7.7M75xas long as short
BingX INJ-USDT+0.0271%8h7.7940−0.637%$21.4Mas long as short
MEXC INJ_USDT+0.0285%8h7.7910−0.676%$31.9M$22.9M300xas long as short
GMX INJ/USD [WBTC.b-USDC]L +0.0354% / S −0.0418%1h7.7949−0.626%$46K100xas long as short
Coinbase International INJ-PERP-INTX+0.0640%1h7.8270−0.217%$383K$714K50xas long as short
Hyperliquid INJ+0.0840%1h7.7998−0.563%$26.5M$9.6M5xas long as short
Injective INJ/USDC PERPlong+0.1367%1h7.8440long leg$321K$12.1M30x