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+0.0098%/8h= +10.7% APRnext payment +$0.12 per $10,000 · paid last 24h +0.076%
Price spread now: GMX against ApeX Omni+0.232%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 feesneeds both histories
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and GMX is 0.232% dearer against ApeX Omni than usual: you sell high and buy low: +$23 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni INJUSDT7.66400.0100pay 0.0013% / 1h3m 12s$46K$270K50x
ShortGMX INJ/USD [WBTC.b-USDC]7.6818L +0.0268% / S −0.0198%get 0.0025% / 1h3m 12s$29K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX 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
$20.54
Price spread: +0.232% → 0.000%
$23.25
Slippage, 4 orders
no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee GMX: 6 bp × 2 orders
−$12
Net
$21.79
Costs to cover
0.220%
Break-even
from the start
Slippage unknown: ApeX Omni: live order book, 44 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 ApeX Omni live order book, 44 min ago5.95 bp12.4 bp −$12104.7 bp −$1,047doesn'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
Kraken Futures PF_INJUSD−0.0210%1h7.6876+0.308%$797K$3.5M50xas long as short
Reya INJRUSDPERP−0.0200%1h7.6786+0.190%20xas long as short
dYdX INJ-USD0.0000%1h7.6695+0.071%$79K$17K5xas long as short
gTrade (Gains Network) INJ/USDL +0.0007% / S −0.0016%1h7.6800+0.209%$19K150xas long as short
Aevo INJ-PERP+0.0096%1h7.6810+0.222%$69K3xas long as short
Orderly PERP_INJ_USDC+0.0100%8h7.6820+0.235%$35K$94K10xas long as short
Hyperliquid INJ+0.0100%1h7.6891+0.328%$25.9M$8.7M5xas long as short
Aster INJUSDT+0.0100%8h7.6793+0.199%$139K$420K20xas long as short
Binance INJUSDT+0.0100%8h7.6830+0.248%$33.9M$97.7M75xas long as short
Bybit INJUSDT+0.0100%8h7.6770+0.170%$21.2M$31.7M50xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX INJ-USDT-SWAP+0.0100%8h7.6810+0.222%$6.2M$19.2M50xas long as short
Gate INJ_USDT+0.0100%8h7.6770+0.170%$2.7M$5.3M50xas long as short
KuCoin INJUSDTM+0.0100%8h7.6780+0.183%$8.5M$18.2M50xas long as short
Bitget INJUSDT+0.0100%8h7.6800+0.209%$14.0M$10.4M75xas long as short
Variational Omni INJ+0.0100%8h7.6702+0.080%$272K$150Kas long as short
ApeX Omni INJUSDTlong+0.0100%1h7.6640long leg$46K$270K50x
Extended INJ-USD+0.0104%1h7.6802+0.212%$114K$563K10xas long as short
Deribit INJ_USDC-PERPETUAL+0.0141%1h7.6837+0.257%$7K$25K25xas long as short
BloFin INJ-USDT+0.0220%8h7.6810+0.222%$1.6M$5.7M75xas long as short
BingX INJ-USDT+0.0248%8h7.6800+0.209%$20.8Mas long as short
MEXC INJ_USDT+0.0261%8h7.6820+0.235%$30.0M$20.3M300xas long as short
GMX INJ/USD [WBTC.b-USDC]shortL +0.0268% / S −0.0198%1h7.6818+0.232%$29K100x
Coinbase International INJ-PERP-INTX+0.0480%1h7.6880+0.313%$375K$661K50xas long as short
Injective INJ/USDC PERP+0.1029%1h7.6880+0.313%$321K$12.1M30xas long as short