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

INJ

all INJ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0308%/8h= −33.7% APRpaid last 24h −0.007%
Price spread now: Aster against Kraken Futures+0.013%7-day average −0.049% · you sell dearer than you buy
Net, funding: paid 7d − costs−$86as in the Funding arb table
Net, price: spread back to 7d avg − costs−$57as in the Price arb table
costs, in and out, $10k−$630.633% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.224%−$22 on $10k
Price spread, last 3 days (all we have)−0.111%−$11 · spread now +0.013%, 7d avg −0.049%
Together, before fees−0.336%+ Points / potential airdropAster: Stage 5 · farm board−$34 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Aster is 0.062% dearer against Kraken Futures than usual: you sell high and buy low (spread +0.013% now, against its 7-day average of −0.049%): +$6 on $10k if it goes back. Holding the pair costs −$9 a day in funding at the current rate, which eats that in about 16 hours. At the pace of the last 7 days (−0.224% in total) that is about 47 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_INJUSD7.75800.0408pay 0.0051% / 1h49m 13s$871K$3.0M50x
ShortAster INJUSDT7.75900.0100get 0.0100% / 8h6h 49m$148K$427K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Kraken Futures. 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
−$64.7
Price spread: +0.013% → −0.049%
$6.21
Slippage, 4 orders
−$45.27
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee Aster: 4 bp × 2 orders
−$8
Net
−$121.75
Costs to cover
0.633%
Break-even
never at this rate
Slippage from Kraken Futures: live order book, 5 min ago; Aster: live order book, 18 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 Kraken Futures live order book, 5 min ago9.02 bp20.5 bp −$2136.5 bp −$3652562.1 bp −$256.2Kdoesn't fit
Sell Aster live order book, 18 min ago4.46 bp16.8 bp −$1790.9 bp −$909doesn't fitdoesn't fit

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%1h7.7533−0.061%20xas long as short
Deribit INJ_USDC-PERPETUAL0.0000%1h7.7565−0.020%$6K$24K25xas long as short
gTrade (Gains Network) INJ/USDL +0.0006% / S −0.0002%1h7.7530−0.065%$3K150xas long as short
dYdX INJ-USD+0.0021%1h7.7553−0.035%$80K$17K5xas long as short
Aevo INJ-PERP+0.0096%1h7.7560−0.026%$70K3xas long as short
Aster INJUSDTshort+0.0100%8h7.7590+0.013%$148K$427K20x
Binance INJUSDT+0.0100%8h7.7558−0.029%$35.3M$93.0M75xas long as short
Bybit INJUSDT+0.0100%8h7.7540−0.052%$22.0M$31.3M50xas long as short
OKX INJ-USDT-SWAP+0.0100%8h7.7540−0.052%$6.3M$19.1M50xas long as short
Gate INJ_USDT+0.0100%8h7.7510−0.091%$2.8M$4.8M50xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin INJUSDTM+0.0100%8h7.7520−0.078%$9.3M$16.6M50xas long as short
Bitget INJUSDT+0.0100%8h7.7500−0.104%$14.2M$10.3M75xas long as short
Variational Omni INJ+0.0100%8h7.7673+0.119%$275K$158Kas long as short
ApeX Omni INJUSDT+0.0100%1h7.7680+0.129%$47K$312K50xas long as short
Orderly PERP_INJ_USDC+0.0100%8h7.7550−0.039%$37K$66K10xas long as short
Extended INJ-USD+0.0104%1h7.7537−0.056%$115K$363K10xas long as short
BloFin INJ-USDT+0.0220%8h7.7620+0.051%$1.8M$6.7M75xas long as short
BingX INJ-USDT+0.0271%8h7.7570−0.013%$21.5Mas long as short
GMX INJ/USD [WBTC.b-USDC]L +0.0274% / S −0.0211%1h7.7515−0.084%$30K100xas long as short
MEXC INJ_USDT+0.0285%8h7.7540−0.052%$30.9M$21.0M300xas long as short
Hyperliquid INJ+0.0335%1h7.7696+0.149%$26.2M$8.8M5xas long as short
Kraken Futures PF_INJUSDlong+0.0408%1h7.7580long leg$871K$3.0M50x
Coinbase International INJ-PERP-INTX+0.0624%1h7.8010+0.554%$381K$637K50xas long as short
Injective INJ/USDC PERP+0.1354%1h7.7950+0.477%$325K$12.1M30xas long as short