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+0.0004%/8h= +0.4% APRnext payment +$0.00 per $10,000 · paid last 24h +0.007%
Price spread now: Extended against ApeX Omni+0.313%7-day average −0.070% · you sell dearer than you buy
Net, funding: paid 7d − costs−$53as in the Funding arb table
Net, price: spread back to 7d avg − costs−$9as in the Price arb table
costs, in and out, $10k−$470.471% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.063%−$6 on $10k
Price spread, last 4 days (all we have)−0.381%−$38 · spread now +0.313%, 7d avg −0.070%
Together, before fees−0.444%+ Points / potential airdropExtended: Active · farm board−$44 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Extended is 0.384% dearer against ApeX Omni than usual: you sell high and buy low, +$38 on $10k if it goes back to its 7-day average of −0.070%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni INJUSDT7.63100.0100pay 0.0013% / 1h26m 54s$46K$269K50x
ShortExtended INJ-USD7.65490.0104get 0.0013% / 1h26m 54s$113K$565K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against ApeX 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
$0.84
Price spread: +0.313% → −0.070%
$38.35
Slippage, 4 orders
−$32.15
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$7.96
Costs to cover
0.471%
Break-even
73.3 days
Slippage from ApeX Omni: live order book, 15 min ago; Extended: live order book, 16 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy ApeX Omni live order book, 15 min ago5.87 bp12.0 bp −$12109.6 bp −$1,096doesn't fitdoesn't fit
Sell Extended live order book, 16 min ago2.41 bp11.6 bp −$12140.2 bp −$1,402doesn't fitdoesn'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
Reya INJRUSDPERP−0.0200%1h7.6278−0.042%20xas long as short
gTrade (Gains Network) INJ/USDL +0.0007% / S −0.0017%1h7.6318+0.011%$18K150xas long as short
dYdX INJ-USD+0.0017%1h7.6372+0.081%$79K$17K5xas long as short
Kraken Futures PF_INJUSD+0.0054%1h7.6431+0.158%$778K$3.5M50xas long as short
Aevo INJ-PERP+0.0096%1h7.6396+0.113%$69K3xas long as short
Orderly PERP_INJ_USDC+0.0100%8h7.6390+0.105%$34K$94K10xas long as short
Aster INJUSDT+0.0100%8h7.6493+0.240%$139K$421K20xas long as short
Binance INJUSDT+0.0100%8h7.6550+0.315%$33.7M$97.7M75xas long as short
Bybit INJUSDT+0.0100%8h7.6536+0.296%$21.2M$31.5M50xas long as short
OKX INJ-USDT-SWAP+0.0100%8h7.6560+0.328%$6.2M$19.1M50xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate INJ_USDT+0.0100%8h7.6410+0.131%$2.7M$5.3M50xas long as short
KuCoin INJUSDTM+0.0100%8h7.6530+0.288%$8.5M$18.3M50xas long as short
Bitget INJUSDT+0.0100%8h7.6520+0.275%$14.1M$10.5M75xas long as short
Variational Omni INJ+0.0100%8h7.6292−0.024%$271K$150Kas long as short
ApeX Omni INJUSDTlong+0.0100%1h7.6310long leg$46K$269K50x
Extended INJ-USDshort+0.0104%1h7.6549+0.313%$113K$565K10x
BloFin INJ-USDT+0.0220%8h7.6410+0.131%$1.7M$5.7M75xas long as short
BingX INJ-USDT+0.0248%8h7.6420+0.144%$21.3Mas long as short
MEXC INJ_USDT+0.0261%8h7.6560+0.328%$30.0M$20.1M300xas long as short
GMX INJ/USD [WBTC.b-USDC]L +0.0268% / S −0.0198%1h7.6369+0.077%$29K100xas long as short
Hyperliquid INJ+0.0272%1h7.6515+0.269%$25.7M$8.6M5xas long as short
Deribit INJ_USDC-PERPETUAL+0.0365%1h7.6415+0.138%$7K$25K25xas long as short
Coinbase International INJ-PERP-INTX+0.0464%1h7.6830+0.681%$383K$674K50xas long as short
Injective INJ/USDC PERP+0.1179%1h7.6770+0.603%$320K$12.1M30xas long as short