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

INJ

all INJ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC−0.0185%/8h= −20.3% APRpaid last 24h −0.053%
Price spread now: ApeX Omni against MEXC0.000%81s7-day average +0.051% · you sell dearer than you buy
Net, funding: paid 7d − costs−$53as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$290.288% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.238%−$24 on $10k
Price spread, last 3 days (all we have)+0.091%+$9 · spread now 0.000%, 7d avg +0.051%
Together, before fees−0.148%−$15 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and ApeX Omni is 0.051% cheaper against MEXC than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.051%). Swap the legs. The two prices were read 81 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC INJ_USDT7.77800.0285pay 0.0285% / 8h2h 14m$31.8M$23.7M300x
ShortApeX Omni INJUSDT7.77800.0100get 0.0013% / 1h14m 14s$47K$347K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against MEXC. 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
−$38.85
Price spread: 0.000% → +0.051%
−$5.06
Slippage, 4 orders
−$18.82
Fee MEXC: 0 bp × 2 orders
$0
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$72.73
Costs to cover
0.288%
Break-even
never at this rate
Slippage from MEXC: live order book, 5 min ago; ApeX Omni: live order book, 8 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 MEXC live order book, 5 min ago0.64 bp3.3 bp −$310.5 bp −$10564.2 bp −$6,415139.1 bp −$69.6K
Sell ApeX Omni live order book, 8 min ago5.14 bp10.9 bp −$11109.3 bp −$1,093doesn'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%1h7.7713−0.086%20xas long as short
dYdX INJ-USD0.0000%1h7.7684−0.124%$90K$10K5xas long as short
Deribit INJ_USDC-PERPETUAL0.0000%1h7.7807+0.035%$7K$23K25xas long as short
gTrade (Gains Network) INJ/USDL +0.0006% / S −0.0002%1h7.7751−0.038%$3K150xas long as short
Variational Omni INJ+0.0070%8h7.7552−0.294%$271K$157Kas long as short
Kraken Futures PF_INJUSD+0.0078%1h7.7818+0.049%$886K$3.2M50xas long as short
Aevo INJ-PERP+0.0096%1h7.7777−0.004%$70K$13K3xas long as short
Orderly PERP_INJ_USDC+0.0097%8h7.7770−0.013%$38K$65K10xas long as short
Aster INJUSDT+0.0100%8h7.77800.000%$156K$445K20xas long as short
Binance INJUSDT+0.0100%8h7.7800+0.025%$35.5M$94.9M75xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit INJUSDT+0.0100%8h7.7730−0.064%$21.5M$32.0M50xas long as short
OKX INJ-USDT-SWAP+0.0100%8h7.7730−0.064%$6.4M$20.3M50xas long as short
Gate INJ_USDT+0.0100%8h7.7730−0.064%$2.8M$5.1M50xas long as short
KuCoin INJUSDTM+0.0100%8h7.7760−0.026%$9.5M$16.2M50xas long as short
Bitget INJUSDT+0.0100%8h7.7760−0.026%$14.3M$10.9M75xas long as short
ApeX Omni INJUSDTshort+0.0100%1h7.77800.000%$47K$347K50x
Extended INJ-USD+0.0104%1h7.7785+0.007%$118K$460K10xas long as short
BloFin INJ-USDT+0.0220%8h7.7640−0.180%$1.8M$7.6M75xas long as short
BingX INJ-USDT+0.0271%8h7.7750−0.039%$21.3Mas long as short
MEXC INJ_USDTlong+0.0285%8h7.7780long leg$31.8M$23.7M300x
GMX INJ/USD [WBTC.b-USDC]L +0.0353% / S −0.0391%1h7.7754−0.034%$47K100xas long as short
Coinbase International INJ-PERP-INTX+0.0688%1h7.7950+0.219%$389K$699K50xas long as short
Hyperliquid INJ+0.0900%1h7.7906+0.162%$26.4M$9.1M5xas long as short
Injective INJ/USDC PERP+0.1499%1h7.7940+0.206%$319K$12.1M30xas long as short