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−0.1497%/8h= −163.9% APRnext payment $1.87 per $10,000 · paid last 24h −0.320%
Price spread now: gTrade (Gains Network) against Injective−0.383%55s7-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 −$45 a day on $10k at the current rate, and gTrade (Gains Network) is 0.383% cheaper against Injective than usual: you would sell low and buy high (−$38 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 55 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective INJ/USDC PERP7.80400.1499pay 0.0187% / 1h24m 00s$319K$12.1M30x
ShortgTrade (Gains Network) INJ/USD7.7741L +0.0006% / S −0.0002%get 0.0000% / 1h24m 00s$3K150x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) 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
−$314.31
Price spread: −0.383% → 0.000%
−$38.26
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Net
−$362.59
Costs to cover
0.100%
Break-even
never at this rate
Slippage unknown: Injective: live order book, 5 min ago; 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 Injective live order book, 5 min ago17.93 bp28.9 bp −$292837.9 bp −$28.4K118378.8 bp −$11.84M631893.8 bp −$315.95M
Sell gTrade (Gains Network) no order-book sample
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
Reya INJRUSDPERP−0.0200%1h7.7683−0.457%20xas long as short
dYdX INJ-USD0.0000%1h7.7748−0.375%$90K$10K5xas long as short
Deribit INJ_USDC-PERPETUAL0.0000%1h7.7786−0.325%$7K$23K25xas long as short
gTrade (Gains Network) INJ/USDshortL +0.0006% / S −0.0002%1h7.7741−0.383%$3K150x
Variational Omni INJ+0.0059%8h7.8082+0.054%$272K$157Kas long as short
Kraken Futures PF_INJUSD+0.0078%1h7.7787−0.325%$885K$3.2M50xas long as short
Aevo INJ-PERP+0.0096%1h7.7735−0.390%$70K$13K3xas long as short
Orderly PERP_INJ_USDC+0.0097%8h7.7750−0.372%$38K$65K10xas long as short
Aster INJUSDT+0.0100%8h7.7733−0.393%$154K$445K20xas long as short
Binance INJUSDT+0.0100%8h7.7740−0.384%$35.5M$95.0M75xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit INJUSDT+0.0100%8h7.7680−0.461%$21.5M$32.0M50xas long as short
OKX INJ-USDT-SWAP+0.0100%8h7.7690−0.448%$6.4M$20.4M50xas long as short
Gate INJ_USDT+0.0100%8h7.7690−0.448%$2.8M$5.1M50xas long as short
KuCoin INJUSDTM+0.0100%8h7.7730−0.397%$9.5M$16.2M50xas long as short
Bitget INJUSDT+0.0100%8h7.7710−0.423%$14.3M$11.0M75xas long as short
ApeX Omni INJUSDT+0.0100%1h7.7990−0.064%$48K$346K50xas long as short
Extended INJ-USD+0.0104%1h7.7731−0.396%$118K$460K10xas long as short
BloFin INJ-USDT+0.0220%8h7.7710−0.423%$1.8M$7.8M75xas long as short
BingX INJ-USDT+0.0271%8h7.7710−0.423%$21.4Mas long as short
MEXC INJ_USDT+0.0285%8h7.7730−0.397%$31.8M$23.7M300xas long as short
GMX INJ/USD [WBTC.b-USDC]L +0.0353% / S −0.0391%1h7.7742−0.382%$47K100xas long as short
Coinbase International INJ-PERP-INTX+0.0688%1h7.7910−0.167%$389K$703K50xas long as short
Hyperliquid INJ+0.0810%1h7.7866−0.223%$26.4M$9.1M5xas long as short
Injective INJ/USDC PERPlong+0.1499%1h7.8040long leg$319K$12.1M30x