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

INJ

all INJ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0098%/8h= +10.7% APRpaid last 24h +0.104%
Price spread now: GMX against Variational Omni+0.038%7-day average · you sell dearer than you buy
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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and GMX is 0.038% dearer against Variational Omni than usual: you sell high and buy low: +$4 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni INJ7.55820.0100pay 0.0100% / 8h4h 28m$266K$151K
ShortGMX INJ/USD [WBTC.b-USDC]7.5611L +0.0267% / S −0.0198%get 0.0025% / 1h28m 02s$29K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX against Variational Omni. 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
$20.54
Price spread: +0.038% → 0.000%
$3.84
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee GMX: 6 bp × 2 orders
−$12
Net
$12.38
Costs to cover
0.120%
Break-even
2.8 days
Slippage unknown: Variational Omni: RFQ quote, 31 min ago; GMX: 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 Variational Omni RFQ quote, 31 min ago3.35 bpdoesn't fit41.1 bp −$411doesn't fitdoesn't fit
Sell GMX no order-book sample
GMX: 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%1h7.5598+0.021%20xas long as short
Deribit INJ_USDC-PERPETUAL−0.0015%1h7.55820.000%$6K$24K25xas long as short
dYdX INJ-USD0.0000%1h7.5650+0.090%$78K$17K5xas long as short
gTrade (Gains Network) INJ/USDL +0.0006% / S −0.0002%1h7.5602+0.026%$3K150xas long as short
Aevo INJ-PERP+0.0096%1h7.5531−0.067%$68K3xas long as short
Hyperliquid INJ+0.0100%1h7.5646+0.085%$25.6M$8.9M5xas long as short
Aster INJUSDT+0.0100%8h7.5600+0.024%$140K$421K20xas long as short
Binance INJUSDT+0.0100%8h7.5620+0.051%$33.3M$96.5M75xas long as short
Bybit INJUSDT+0.0100%8h7.5610+0.037%$21.0M$32.0M50xas long as short
OKX INJ-USDT-SWAP+0.0100%8h7.5600+0.024%$6.1M$19.2M50xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate INJ_USDT+0.0100%8h7.5560−0.029%$2.7M$5.3M50xas long as short
KuCoin INJUSDTM+0.0100%8h7.5530−0.068%$9.4M$17.4M50xas long as short
Bitget INJUSDT+0.0100%8h7.5570−0.016%$13.9M$10.6M75xas long as short
Variational Omni INJlong+0.0100%8h7.5582long leg$266K$151K
ApeX Omni INJUSDT+0.0100%1h7.5690+0.143%$45K$271K50xas long as short
Orderly PERP_INJ_USDC+0.0100%8h7.5550−0.042%$34K$94K10xas long as short
Extended INJ-USD+0.0104%1h7.5609+0.036%$112K$366K10xas long as short
BloFin INJ-USDT+0.0220%8h7.5550−0.042%$1.7M$5.9M75xas long as short
GMX INJ/USD [WBTC.b-USDC]shortL +0.0267% / S −0.0198%1h7.5611+0.038%$29K100x
BingX INJ-USDT+0.0271%8h7.5580−0.002%$21.2Mas long as short
MEXC INJ_USDT+0.0285%8h7.5630+0.064%$29.9M$21.3M300xas long as short
Kraken Futures PF_INJUSD+0.0326%1h7.5573−0.012%$822K$3.4M50xas long as short
Coinbase International INJ-PERP-INTX+0.0688%1h7.5850+0.355%$373K$605K50xas long as short
Injective INJ/USDC PERP+0.1333%1h7.5940+0.474%$317K$12.1M30xas long as short