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

INJ

all INJ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.028%
Price spread now: Bybit against KuCoin−0.010%7-day average −0.018% · you buy dearer than you sell
Net, funding: paid 7d − costs−$74as in the Funding arb table
Net, price: spread back to 7d avg − costs−$69as in the Price arb table
costs, in and out, $10k−$690.694% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.050%−$5 on $10k
Price spread, last 7 days+0.007%+$1 · spread now −0.010%, 7d avg −0.018%
Together, before fees−0.043%−$4 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin INJUSDTM7.83400.0100pay 0.0100% / 8h6h 23m$9.4M$16.6M50x
ShortBybit INJUSDT7.83320.0100get 0.0100% / 8h6h 23m$22.1M$31.0M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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: −0.010% → −0.018%
$0.75
Slippage, 4 orders
−$46.41
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$68.66
Costs to cover
0.694%
Break-even
never at this rate
Slippage from KuCoin: live order book, 10 min ago; Bybit: live order book, 5 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, 10 min ago2.58 bp19.1 bp −$1947.3 bp −$473doesn't fitdoesn't fit
Sell Bybit live order book, 5 min ago0.64 bp13.6 bp −$1444.3 bp −$443156.5 bp −$15.7Kdoesn't fit

INJ on 23 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%1h7.8252−0.112%20xas long as short
Deribit INJ_USDC-PERPETUAL0.0000%1h7.8325−0.019%$6K$24K25xas long as short
gTrade (Gains Network) INJ/USDL +0.0006% / S −0.0002%1h7.8290−0.064%$3K150xas long as short
dYdX INJ-USD+0.0023%1h7.8322−0.023%$81K$17K5xas long as short
Aevo INJ-PERP+0.0096%1h7.8310−0.038%$71K3xas long as short
Aster INJUSDT+0.0100%8h7.8344+0.005%$149K$424K20xas long as short
Binance INJUSDT+0.0100%8h7.8318−0.029%$35.5M$91.6M75xas long as short
Bybit INJUSDTshort+0.0100%8h7.8332−0.010%$22.1M$31.0M50x
OKX INJ-USDT-SWAP+0.0100%8h7.8330−0.013%$6.4M$19.1M50xas long as short
Gate INJ_USDT+0.0100%8h7.8320−0.026%$2.8M$4.9M50xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin INJUSDTMlong+0.0100%8h7.8340long leg$9.4M$16.6M50x
Bitget INJUSDT+0.0100%8h7.8330−0.013%$14.4M$10.2M75xas long as short
Variational Omni INJ+0.0100%8h7.8292−0.061%$275K$152Kas long as short
ApeX Omni INJUSDT+0.0100%1h7.7770−0.728%$47K$281K50xas long as short
Orderly PERP_INJ_USDC+0.0100%8h7.8310−0.038%$35K$80K10xas long as short
Extended INJ-USD+0.0104%1h7.8339−0.001%$116K$365K10xas long as short
GMX INJ/USD [WBTC.b-USDC]L +0.0269% / S −0.0198%1h7.8262−0.100%$30K100xas long as short
BingX INJ-USDT+0.0271%8h7.8320−0.026%$21.3Mas long as short
MEXC INJ_USDT+0.0285%8h7.8370+0.038%$31.9M$21.3M300xas long as short
Hyperliquid INJ+0.0373%1h7.8431+0.116%$26.4M$8.8M5xas long as short
Kraken Futures PF_INJUSD+0.0404%1h7.8344+0.005%$876K$3.0M50xas long as short
Coinbase International INJ-PERP-INTX+0.0624%1h7.8500+0.204%$383K$604K50xas long as short
Injective INJ/USDC PERP+0.1354%1h7.8520+0.230%$327K$12.1M30xas long as short