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

INJ

all INJ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC−0.0314%/8h= −34.3% APRpaid last 24h +0.047%
Price spread now: Kraken Futures against Variational Omni+0.429%7-day average +0.100% · 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 4 days (all we have)+0.179%+$18 on $10k
Price spread, last 4 days (all we have)−0.341%−$34 · spread now +0.429%, 7d avg +0.100%
Together, before fees−0.163%+ Points / potential airdropVariational Omni: Active · farm board−$16 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Kraken Futures is 0.329% dearer against Variational Omni than usual: you sell high and buy low (spread +0.429% now, against its 7-day average of +0.100%): +$33 on $10k if it goes back. Holding the pair costs −$9 a day in funding at the current rate, which eats that in about 3.5 days. Mind the row above: over the last 4 days funding on this pair paid +0.179%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni INJ7.54320.0100pay 0.0100% / 8h2h 56m$267K$146K
ShortKraken Futures PF_INJUSD7.5755−0.0214pay 0.0027% / 1h56m 38s$767K$3.5M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures 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
−$65.84
Price spread: +0.429% → +0.100%
$32.91
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
−$42.93
Costs to cover
0.100%
Break-even
from the start
Slippage unknown: Variational Omni: RFQ quote, 57 min ago; Kraken Futures: live order book, 2 min ago. 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, 57 min ago3.37 bpdoesn't fit38.5 bp −$385doesn't fitdoesn't fit
Sell Kraken Futures live order book, 2 min ago9.28 bp25.0 bp −$2545.3 bp −$453375.2 bp −$37.5Kdoesn'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
Kraken Futures PF_INJUSDshort−0.0214%1h7.5755+0.429%$767K$3.5M50x
Reya INJRUSDPERP−0.0200%1h7.5673+0.319%20xas long as short
dYdX INJ-USD0.0000%1h7.5691+0.344%$78K$17K5xas long as short
Deribit INJ_USDC-PERPETUAL0.0000%1h7.5752+0.424%$6K$24K25xas long as short
gTrade (Gains Network) INJ/USDL +0.0007% / S −0.0027%1h7.5722+0.384%$16K150xas long as short
Aevo INJ-PERP+0.0096%1h7.5676+0.324%$68K3xas long as short
Orderly PERP_INJ_USDC+0.0100%8h7.5750+0.422%$34K$94K10xas long as short
Hyperliquid INJ+0.0100%1h7.5705+0.362%$25.5M$8.7M5xas long as short
Aster INJUSDT+0.0100%8h7.5668+0.313%$138K$418K20xas long as short
Binance INJUSDT+0.0100%8h7.5690+0.342%$33.0M$96.9M75xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit INJUSDT+0.0100%8h7.5606+0.231%$20.9M$31.8M50xas long as short
OKX INJ-USDT-SWAP+0.0100%8h7.5530+0.130%$6.2M$18.5M50xas long as short
Gate INJ_USDT+0.0100%8h7.5690+0.342%$2.6M$5.2M50xas long as short
KuCoin INJUSDTM+0.0100%8h7.5670+0.316%$9.4M$17.8M50xas long as short
Bitget INJUSDT+0.0100%8h7.5450+0.024%$13.8M$10.2M75xas long as short
Variational Omni INJlong+0.0100%8h7.5432long leg$267K$146K
ApeX Omni INJUSDT+0.0100%1h7.5410−0.029%$45K$270K50xas long as short
Extended INJ-USD+0.0104%1h7.5735+0.402%$112K$560K10xas long as short
BloFin INJ-USDT+0.0220%8h7.5750+0.422%$1.6M$5.8M75xas long as short
BingX INJ-USDT+0.0248%8h7.5540+0.143%$20.9Mas long as short
MEXC INJ_USDT+0.0261%8h7.5610+0.236%$29.9M$20.0M300xas long as short
GMX INJ/USD [WBTC.b-USDC]L +0.0267% / S −0.0198%1h7.5748+0.419%$29K100xas long as short
Coinbase International INJ-PERP-INTX+0.0480%1h7.5730+0.395%$365K$620K50xas long as short
Injective INJ/USDC PERP+0.1029%1h7.5740+0.409%$316K$12.1M30xas long as short