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

INJ

all INJ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0090%/8h= −9.9% APRnext payment $0.11 per $10,000 · paid last 24h −0.021%
Price spread now: Extended against Kraken Futures−0.072%7-day average −0.080% · you buy dearer than you sell
Net, funding: paid 7d − costs−$88as in the Funding arb table
Net, price: spread back to 7d avg − costs−$52as in the Price arb table
costs, in and out, $10k−$530.527% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.349%−$35 on $10k
Price spread, last 3 days (all we have)−0.058%−$6 · spread now −0.072%, 7d avg −0.080%
Together, before fees−0.406%+ Points / potential airdropExtended: Active · farm board−$41 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.080%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_INJUSD7.84980.0194pay 0.0024% / 1h38m 03s$887K$3.0M50x
ShortExtended INJ-USD7.84410.0104get 0.0013% / 1h38m 03s$117K$646K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
−$18.97
Price spread: −0.072% → −0.080%
$0.79
Slippage, 4 orders
−$37.73
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$70.91
Costs to cover
0.527%
Break-even
never at this rate
Slippage from Kraken Futures: live order book, 1 min ago; Extended: live order book, 35 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, 1 min ago5.73 bp14.4 bp −$1439.6 bp −$3962191.1 bp −$219.1Kdoesn't fit
Sell Extended live order book, 35 min ago2.55 bp11.7 bp −$12141.8 bp −$1,418doesn'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
Bybit INJUSDT−0.0276%8h7.8400−0.125%$22.0M$31.5M50xas long as short
Reya INJRUSDPERP−0.0200%1h7.8451−0.061%20xas long as short
dYdX INJ-USD0.0000%1h7.8594+0.122%$91K$8K5xas long as short
Deribit INJ_USDC-PERPETUAL0.0000%1h7.8502+0.005%$6K$24K25xas long as short
gTrade (Gains Network) INJ/USDL +0.0006% / S −0.0002%1h7.8485−0.017%$3K150xas long as short
Gate INJ_USDT+0.0042%8h7.8470−0.036%$2.8M$4.9M50xas long as short
Variational Omni INJ+0.0084%8h7.8543+0.057%$280K$160Kas long as short
Aevo INJ-PERP+0.0096%1h7.8459−0.050%$71K3xas long as short
Orderly PERP_INJ_USDC+0.0100%8h7.8480−0.023%$38K$66K10xas long as short
Aster INJUSDT+0.0100%8h7.8520+0.028%$150K$443K20xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance INJUSDT+0.0100%8h7.8480−0.023%$35.7M$93.6M75xas long as short
OKX INJ-USDT-SWAP+0.0100%8h7.8420−0.099%$6.4M$19.8M50xas long as short
KuCoin INJUSDTM+0.0100%8h7.8480−0.023%$9.5M$16.6M50xas long as short
Bitget INJUSDT+0.0100%8h7.8430−0.087%$14.5M$10.3M75xas long as short
ApeX Omni INJUSDT+0.0100%1h7.8610+0.143%$48K$349K50xas long as short
Extended INJ-USDshort+0.0104%1h7.8441−0.072%$117K$646K10x
Kraken Futures PF_INJUSDlong+0.0194%1h7.8498long leg$887K$3.0M50x
BloFin INJ-USDT+0.0220%8h7.8550+0.066%$1.8M$7.7M75xas long as short
BingX INJ-USDT+0.0271%8h7.8510+0.015%$21.4Mas long as short
MEXC INJ_USDT+0.0285%8h7.8470−0.036%$31.7M$22.6M300xas long as short
GMX INJ/USD [WBTC.b-USDC]L +0.0356% / S −0.0418%1h7.8464−0.043%$47K100xas long as short
Hyperliquid INJ+0.0572%1h7.8582+0.107%$26.5M$9.1M5xas long as short
Coinbase International INJ-PERP-INTX+0.0632%1h7.8820+0.410%$386K$659K50xas long as short
Injective INJ/USDC PERP+0.1436%1h7.8900+0.512%$329K$12.1M30xas long as short