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

INJ

all INJ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0225%/8h= −24.7% APRpaid last 24h −0.044%
Price spread now: Variational Omni against Kraken Futures−0.075%7-day average −0.102% · 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)−0.175%−$17 on $10k
Price spread, last 4 days (all we have)+0.144%+$14 · spread now −0.075%, 7d avg −0.102%
Together, before fees−0.030%+ Points / potential airdropVariational Omni: Active · farm board−$3 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Variational Omni is 0.027% dearer against Kraken Futures than usual: you sell high and buy low (spread −0.075% now, against its 7-day average of −0.102%): +$3 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 10 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_INJUSD7.56080.0325pay 0.0041% / 1h25m 46s$822K$3.4M50x
ShortVariational Omni INJ7.55510.0100get 0.0100% / 8h4h 25m$265K$151K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni 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
−$47.35
Price spread: −0.075% → −0.102%
$2.71
Slippage, 4 orders
no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$54.64
Costs to cover
0.100%
Break-even
never at this rate
Slippage unknown: Kraken Futures: live order book, 3 min ago; Variational Omni: RFQ quote, 33 min ago. 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 Kraken Futures live order book, 3 min ago5.96 bp17.0 bp −$1742.6 bp −$4262219.4 bp −$221.9Kdoesn't fit
Sell Variational Omni RFQ quote, 33 min ago3.35 bpdoesn't fit55.1 bp −$551doesn'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%1h7.5520−0.116%20xas long as short
dYdX INJ-USD0.0000%1h7.5585−0.030%$78K$17K5xas long as short
Deribit INJ_USDC-PERPETUAL0.0000%1h7.5606−0.002%$6K$24K25xas long as short
gTrade (Gains Network) INJ/USDL +0.0006% / S −0.0002%1h7.5602−0.008%$3K150xas long as short
Aevo INJ-PERP+0.0096%1h7.5560−0.062%$68K3xas long as short
Hyperliquid INJ+0.0100%1h7.5623+0.020%$25.6M$8.9M5xas long as short
Aster INJUSDT+0.0100%8h7.5610+0.003%$140K$422K20xas long as short
Binance INJUSDT+0.0100%8h7.5567−0.053%$33.3M$96.6M75xas long as short
Bybit INJUSDT+0.0100%8h7.5530−0.103%$21.0M$32.0M50xas long as short
OKX INJ-USDT-SWAP+0.0100%8h7.5540−0.089%$6.1M$19.2M50xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate INJ_USDT+0.0100%8h7.5540−0.089%$2.7M$5.3M50xas long as short
KuCoin INJUSDTM+0.0100%8h7.5580−0.036%$9.4M$17.4M50xas long as short
Bitget INJUSDT+0.0100%8h7.5510−0.129%$13.9M$10.6M75xas long as short
Variational Omni INJshort+0.0100%8h7.5551−0.075%$265K$151K
ApeX Omni INJUSDT+0.0100%1h7.5610+0.003%$45K$271K50xas long as short
Orderly PERP_INJ_USDC+0.0100%8h7.5580−0.036%$34K$94K10xas long as short
Extended INJ-USD+0.0104%1h7.5586−0.028%$112K$366K10xas long as short
BloFin INJ-USDT+0.0220%8h7.5620+0.016%$1.7M$5.9M75xas long as short
GMX INJ/USD [WBTC.b-USDC]L +0.0267% / S −0.0198%1h7.5567−0.054%$29K100xas long as short
BingX INJ-USDT+0.0271%8h7.5560−0.063%$21.3Mas long as short
MEXC INJ_USDT+0.0285%8h7.5600−0.010%$29.8M$21.3M300xas long as short
Kraken Futures PF_INJUSDlong+0.0325%1h7.5608long leg$822K$3.4M50x
Coinbase International INJ-PERP-INTX+0.0688%1h7.5850+0.321%$373K$605K50xas long as short
Injective INJ/USDC PERP+0.1333%1h7.5900+0.387%$316K$12.1M30xas long as short