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

INJ

all INJ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC−0.0078%/8h= −8.5% APRpaid last 24h −0.025%
Price spread now: gTrade (Gains Network) against Orderly−0.053%63s7-day average · 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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and gTrade (Gains Network) is 0.053% cheaper against Orderly than usual: you would sell low and buy high (−$5 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 63 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_INJ_USDC7.76700.0100pay 0.0100% / 8h7h 52m$34K$72K10x
ShortgTrade (Gains Network) INJ/USD7.7629L +0.0007% / S −0.0022%get 0.0003% / 1h52m 32s$18K150x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against Orderly. 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
−$16.3
Price spread: −0.053% → 0.000%
−$5.28
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Net
−$37.58
Costs to cover
0.160%
Break-even
never at this rate
Slippage unknown: Orderly: no order-book sample; gTrade (Gains Network): 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
LegHalf-spread$10k$100k$1M$5M
Buy Orderly no order-book sample
Sell gTrade (Gains Network) no order-book sample
Orderly and gTrade (Gains Network): 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Reya INJRUSDPERP−0.0200%1h7.7888+0.280%20xas long as short
dYdX INJ-USD0.0000%1h7.7723+0.068%$80K$17K5xas long as short
gTrade (Gains Network) INJ/USDshortL +0.0007% / S −0.0022%1h7.7629−0.053%$18K150x
Aevo INJ-PERP+0.0096%1h7.7659−0.014%$70K3xas long as short
Orderly PERP_INJ_USDClong+0.0100%8h7.7670long leg$34K$72K10x
Aster INJUSDT+0.0100%8h7.7904+0.301%$150K$445K20xas long as short
Binance INJUSDT+0.0100%8h7.7960+0.373%$34.6M$103.7M75xas long as short
Bybit INJUSDT+0.0100%8h7.7910+0.309%$21.6M$32.8M50xas long as short
OKX INJ-USDT-SWAP+0.0100%8h7.7930+0.335%$6.1M$21.0M50xas long as short
Gate INJ_USDT+0.0100%8h7.7870+0.257%$2.7M$5.8M50xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin INJUSDTM+0.0100%8h7.7930+0.335%$8.6M$18.7M50xas long as short
Bitget INJUSDT+0.0100%8h7.7900+0.296%$14.3M$12.0M75xas long as short
Variational Omni INJ+0.0100%8h7.7492−0.229%$275K$144Kas long as short
ApeX Omni INJUSDT+0.0100%1h7.7470−0.257%$46K$266K50xas long as short
Extended INJ-USD+0.0104%1h7.7872+0.259%$120K$645K10xas long as short
BloFin INJ-USDT+0.0220%8h7.7720+0.064%$1.7M$5.8M75xas long as short
BingX INJ-USDT+0.0248%8h7.7870+0.257%$21.6Mas long as short
MEXC INJ_USDT+0.0261%8h7.7870+0.257%$31.3M$20.7M300xas long as short
GMX INJ/USD [WBTC.b-USDC]L +0.0326% / S −0.0344%1h7.7622−0.062%$40K100xas long as short
Deribit INJ_USDC-PERPETUAL+0.0484%1h7.7700+0.039%$6K$26K25xas long as short
Hyperliquid INJ+0.0668%1h7.8005+0.431%$26.2M$8.8M5xas long as short
Coinbase International INJ-PERP-INTX+0.0680%1h7.7800+0.167%$387K$747K50xas long as short
Kraken Futures PF_INJUSD+0.0828%1h7.7735+0.083%$825K$3.7M50xas long as short
Injective INJ/USDC PERP+0.1302%1h7.8090+0.541%$319K$10.4M30xas long as short