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

INJ

all INJ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.016%
Price spread now: ApeX Omni against KuCoin−0.077%7-day average +0.061% · you buy dearer than you sell
Net, funding: paid 7d − costs−$79as in the Funding arb table
Net, price: spread back to 7d avg − costs−$91as in the Price arb table
costs, in and out, $10k−$770.772% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.020%−$2 on $10k
Price spread, last 4 days (all we have)+0.289%+$29 · spread now −0.077%, 7d avg +0.061%
Together, before fees+0.269%+$27 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: ApeX Omni is 0.138% cheaper against KuCoin than usual: you would sell low and buy high, −$14 on $10k if it goes back to its 7-day average of +0.061%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin INJUSDTM7.75000.0100pay 0.0100% / 8h7h 31m$8.5M$18.6M50x
ShortApeX Omni INJUSDT7.74400.0100get 0.0013% / 1h31m 35s$46K$266K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against KuCoin. 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
$0
Price spread: −0.077% → +0.061%
−$13.81
Slippage, 4 orders
−$55.23
Fee KuCoin: 6 bp × 2 orders
−$12
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$91.04
Costs to cover
0.772%
Break-even
never at this rate
Slippage from KuCoin: live order book, 7 min ago; ApeX Omni: live order book, 65 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 KuCoin live order book, 7 min ago3.22 bp30.7 bp −$3152.8 bp −$528doesn't fitdoesn't fit
Sell ApeX Omni live order book, 65 min ago7.13 bp12.7 bp −$13109.8 bp −$1,098doesn'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%1h7.7445−0.071%20xas long as short
gTrade (Gains Network) INJ/USDL +0.0007% / S −0.0022%1h7.7430−0.090%$18K150xas long as short
dYdX INJ-USD+0.0055%1h7.7459−0.053%$80K$18K5xas long as short
Aevo INJ-PERP+0.0096%1h7.7339−0.208%$70K3xas long as short
Orderly PERP_INJ_USDC+0.0100%8h7.7470−0.039%$34K$72K10xas long as short
Aster INJUSDT+0.0100%8h7.7539+0.050%$149K$445K20xas long as short
Binance INJUSDT+0.0100%8h7.7520+0.026%$34.5M$103.8M75xas long as short
Bybit INJUSDT+0.0100%8h7.7464−0.046%$21.5M$32.9M50xas long as short
OKX INJ-USDT-SWAP+0.0100%8h7.7470−0.039%$6.1M$20.9M50xas long as short
Gate INJ_USDT+0.0100%8h7.7510+0.013%$2.7M$5.8M50xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin INJUSDTMlong+0.0100%8h7.7500long leg$8.5M$18.6M50x
Bitget INJUSDT+0.0100%8h7.7440−0.077%$14.2M$12.0M75xas long as short
Variational Omni INJ+0.0100%8h7.7692+0.248%$276K$143Kas long as short
ApeX Omni INJUSDTshort+0.0100%1h7.7440−0.077%$46K$266K50x
Extended INJ-USD+0.0104%1h7.7550+0.064%$118K$639K10xas long as short
BloFin INJ-USDT+0.0220%8h7.7620+0.155%$1.7M$5.8M75xas long as short
BingX INJ-USDT+0.0248%8h7.7520+0.026%$21.7Mas long as short
MEXC INJ_USDT+0.0261%8h7.7530+0.039%$31.2M$21.1M300xas long as short
GMX INJ/USD [WBTC.b-USDC]L +0.0326% / S −0.0344%1h7.7410−0.117%$40K100xas long as short
Deribit INJ_USDC-PERPETUAL+0.0421%1h7.7509+0.012%$5K$27K25xas long as short
Coinbase International INJ-PERP-INTX+0.0680%1h7.7570+0.090%$387K$746K50xas long as short
Hyperliquid INJ+0.0683%1h7.7612+0.145%$26.1M$8.8M5xas long as short
Kraken Futures PF_INJUSD+0.0830%1h7.7574+0.095%$849K$3.8M50xas long as short
Injective INJ/USDC PERP+0.1302%1h7.7870+0.477%$539K$11.4M30xas long as short