Funding arb · Price arb /

INJ

all INJ markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0300%/8h= −32.8% APRpaid last 24h —

Price spread now: Reya against OKX+0.093%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on OKX Short on Reya

What this pair did over the last

the charts below follow

Funding, last 7 days—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropReya: Active · farm boardneeds both histories

The price spread pays, funding is against you. Reya is 0.093% dearer against OKX than usual: you sell high and buy low (spread +0.093% now, against zero (this spread has no 7-day history yet)): +$9 on $10k if it goes back. Holding the pair costs −$9 a day in funding at the current rate, which eats that in about 25 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX INJ-USDT-SWAP	7.6100	0.0100	pay 0.0100% / 8h	3h 28m	$6.2M	$18.6M	50x
Short	Reya INJRUSDPERP	7.6171	−0.0200	pay 0.0025% / 1h	28m 56s	—	—	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Reya against OKX. 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

Position, each leg$Hold fordaysFee OKXbpFee ReyabpOrdersPrice spread, now +0.093%Rate

Funding earned: −$62.94
Price spread: +0.093% → 0.000%: $9.32
Slippage, 4 orders: no order book: not counted
Fee OKX: 5 bp × 2 orders: −$10
Fee Reya: 3 bp × 2 orders: −$6
Net: −$69.62
Costs to cover: 0.160%
Break-even: never at this rate

Slippage unknown: OKX: live order book, 5 min ago; Reya: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy OKX live order book, 5 min ago	0.65 bp	9.9 bp −$10	23.0 bp −$230	doesn't fit	doesn't fit
Sell Reya no order-book sample	—	—	—	—	—

Reya: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

INJ on 24 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Kraken Futures PF_INJUSD	−0.0233%	1h	7.6138	+0.050%	$783K	$3.4M	50x	as long as short
Reya INJRUSDPERPshort	−0.0200%	1h	7.6171	+0.093%	—	—	20x
dYdX INJ-USD	0.0000%	1h	7.6317	+0.286%	$79K	$17K	5x	as long as short
Deribit INJ_USDC-PERPETUAL	0.0000%	1h	7.6120	+0.026%	$6K	$24K	25x	as long as short
gTrade (Gains Network) INJ/USD	L +0.0006% / S −0.0002%	1h	7.6138	+0.050%	$3K	—	150x	as long as short
Aevo INJ-PERP	+0.0096%	1h	7.6096	−0.006%	$69K	—	3x	as long as short
Orderly PERP_INJ_USDC	+0.0100%	8h	7.6140	+0.053%	$34K	$94K	10x	as long as short
Hyperliquid INJ	+0.0100%	1h	7.6153	+0.070%	$25.7M	$8.8M	5x	as long as short
Aster INJUSDT	+0.0100%	8h	7.6136	+0.048%	$140K	$417K	20x	as long as short
Binance INJUSDT	+0.0100%	8h	7.6110	+0.013%	$33.3M	$96.2M	75x	as long as short

Show all 24 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit INJUSDT	+0.0100%	8h	7.6090	−0.013%	$21.2M	$31.6M	50x	as long as short
OKX INJ-USDT-SWAPlong	+0.0100%	8h	7.6100	long leg	$6.2M	$18.6M	50x
Gate INJ_USDT	+0.0100%	8h	7.6070	−0.039%	$2.7M	$5.2M	50x	as long as short
KuCoin INJUSDTM	+0.0100%	8h	7.6120	+0.026%	$9.5M	$17.6M	50x	as long as short
Bitget INJUSDT	+0.0100%	8h	7.6040	−0.079%	$13.9M	$10.2M	75x	as long as short
Variational Omni INJ	+0.0100%	8h	7.6552	+0.593%	$269K	$144K	—	as long as short
ApeX Omni INJUSDT	+0.0100%	1h	7.6580	+0.631%	$46K	$271K	50x	as long as short
Extended INJ-USD	+0.0104%	1h	7.6087	−0.017%	$113K	$359K	10x	as long as short
BloFin INJ-USDT	+0.0220%	8h	7.6110	+0.013%	$1.6M	$5.8M	75x	as long as short
BingX INJ-USDT	+0.0248%	8h	7.6110	+0.013%	—	$21.0M	—	as long as short
MEXC INJ_USDT	+0.0261%	8h	7.6100	0.000%	$29.9M	$21.4M	300x	as long as short
GMX INJ/USD [WBTC.b-USDC]	L +0.0268% / S −0.0198%	1h	7.6149	+0.064%	$29K	—	100x	as long as short
Coinbase International INJ-PERP-INTX	+0.0552%	1h	7.6700	+0.788%	$371K	$620K	50x	as long as short
Injective INJ/USDC PERP	+0.1172%	1h	7.6620	+0.683%	$319K	$12.1M	30x	as long as short