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

INJ

all INJ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0512%/8h= +56.1% APRnext payment +$0.64 per $10,000 · paid last 24h +0.137%
Price spread now: Coinbase International against Aevo+0.136%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 7 days+0.202%+$20 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$15 a day on $10k at the current rate, and Coinbase International is 0.136% dearer against Aevo than usual: you sell high and buy low: +$14 more if the spread goes back to zero (this spread has no 7-day history yet).
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.202% in total (about 10.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.64 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo INJ-PERP7.69750.0096pay 0.0012% / 1h16m 55s$70K3x
ShortCoinbase International INJ-PERP-INTX7.70800.0608get 0.0076% / 1h16m 55s$389K$717K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International against Aevo. 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
$107.52
Price spread: +0.136% → 0.000%
$13.64
Slippage, 4 orders
no order book: not counted
Fee Aevo: 8 bp × 2 orders
−$16
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
$95.16
Costs to cover
0.260%
Break-even
0.8 days
Slippage unknown: Aevo: no order-book sample; Coinbase International: live order book, 21 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 Aevo no order-book sample
Sell Coinbase International live order book, 21 min ago7.13 bp28.8 bp −$2961.2 bp −$612doesn't fitdoesn't fit
Aevo: 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%1h7.6903−0.094%20xas long as short
dYdX INJ-USD0.0000%1h7.6917−0.075%$80K$17K5xas long as short
gTrade (Gains Network) INJ/USDL +0.0007% / S −0.0029%1h7.6941−0.044%$17K150xas long as short
Aevo INJ-PERPlong+0.0096%1h7.6975long leg$70K3x
Orderly PERP_INJ_USDC+0.0100%8h7.6970−0.006%$34K$83K10xas long as short
Aster INJUSDT+0.0100%8h7.7069+0.122%$148K$447K20xas long as short
Binance INJUSDT+0.0100%8h7.7090+0.149%$34.1M$103.1M75xas long as short
Bybit INJUSDT+0.0100%8h7.7060+0.110%$21.4M$32.6M50xas long as short
OKX INJ-USDT-SWAP+0.0100%8h7.7080+0.136%$6.1M$20.6M50xas long as short
Gate INJ_USDT+0.0100%8h7.7040+0.084%$2.7M$5.9M50xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin INJUSDTM+0.0100%8h7.7060+0.110%$8.6M$18.6M50xas long as short
Bitget INJUSDT+0.0100%8h7.7050+0.097%$14.1M$11.7M75xas long as short
Variational Omni INJ+0.0100%8h7.6382−0.771%$271K$144Kas long as short
ApeX Omni INJUSDT+0.0100%1h7.6740−0.305%$46K$266K50xas long as short
Extended INJ-USD+0.0104%1h7.7029+0.070%$114K$640K10xas long as short
BloFin INJ-USDT+0.0220%8h7.6980+0.006%$1.7M$5.7M75xas long as short
BingX INJ-USDT+0.0248%8h7.7030+0.071%$21.5Mas long as short
MEXC INJ_USDT+0.0261%8h7.7040+0.084%$30.6M$20.8M300xas long as short
GMX INJ/USD [WBTC.b-USDC]L +0.0326% / S −0.0344%1h7.6916−0.077%$40K100xas long as short
Hyperliquid INJ+0.0457%1h7.7103+0.166%$25.9M$8.8M5xas long as short
Deribit INJ_USDC-PERPETUAL+0.0465%1h7.7009+0.044%$6K$26K25xas long as short
Kraken Futures PF_INJUSD+0.0566%1h7.7071+0.125%$812K$3.6M50xas long as short
Coinbase International INJ-PERP-INTXshort+0.0608%1h7.7080+0.136%$389K$717K50x
Injective INJ/USDC PERP+0.1548%1h7.7170+0.253%$315K$12.5M30xas long as short