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

INJ

all INJ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.013%
Price spread now: OKX against ApeX Omni−0.160%7-day average −0.091% · you buy dearer than you sell
Net, funding: paid 7d − costs−$55as in the Funding arb table
Net, price: spread back to 7d avg − costs−$59as in the Price arb table
costs, in and out, $10k−$520.519% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.036%−$4 on $10k
Price spread, last 4 days (all we have)+0.093%+$9 · spread now −0.160%, 7d avg −0.091%
Together, before fees+0.057%+$6 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: OKX is 0.069% cheaper against ApeX Omni than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of −0.091%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni INJUSDT7.51200.0100pay 0.0013% / 1h26m 49s$45K$270K50x
ShortOKX INJ-USDT-SWAP7.50000.0100get 0.0100% / 8h2h 26m$6.1M$18.5M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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
Price spread: −0.160% → −0.091%
−$6.91
Slippage, 4 orders
−$31.87
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee OKX: 5 bp × 2 orders
−$10
Net
−$58.77
Costs to cover
0.519%
Break-even
never at this rate
Slippage from ApeX Omni: live order book, 20 min ago; OKX: live order book, 2 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, 20 min ago5.95 bp12.4 bp −$12104.7 bp −$1,047doesn't fitdoesn't fit
Sell OKX live order book, 2 min ago0.67 bp12.1 bp −$1236.6 bp −$366doesn'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
Kraken Futures PF_INJUSD−0.0216%1h7.5025−0.126%$773K$3.5M50xas long as short
Reya INJRUSDPERP−0.0200%1h7.5019−0.135%20xas long as short
dYdX INJ-USD0.0000%1h7.5219+0.132%$78K$17K5xas long as short
gTrade (Gains Network) INJ/USDL +0.0007% / S −0.0027%1h7.5030−0.120%$16K150xas long as short
Deribit INJ_USDC-PERPETUAL+0.0070%1h7.5002−0.157%$6K$24K25xas long as short
Aevo INJ-PERP+0.0096%1h7.5009−0.148%$68K3xas long as short
Orderly PERP_INJ_USDC+0.0100%8h7.5010−0.146%$34K$94K10xas long as short
Hyperliquid INJ+0.0100%1h7.5047−0.097%$25.2M$8.7M5xas long as short
Aster INJUSDT+0.0100%8h7.4957−0.217%$137K$417K20xas long as short
Binance INJUSDT+0.0100%8h7.4995−0.167%$32.7M$97.2M75xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit INJUSDT+0.0100%8h7.4950−0.226%$20.7M$31.6M50xas long as short
OKX INJ-USDT-SWAPshort+0.0100%8h7.5000−0.160%$6.1M$18.5M50x
Gate INJ_USDT+0.0100%8h7.4940−0.240%$2.6M$5.3M50xas long as short
KuCoin INJUSDTM+0.0100%8h7.4910−0.280%$8.4M$18.2M50xas long as short
Bitget INJUSDT+0.0100%8h7.4880−0.319%$13.7M$10.2M75xas long as short
Variational Omni INJ+0.0100%8h7.5023−0.129%$268K$149Kas long as short
ApeX Omni INJUSDTlong+0.0100%1h7.5120long leg$45K$270K50x
Extended INJ-USD+0.0104%1h7.4965−0.207%$112K$562K10xas long as short
BloFin INJ-USDT+0.0220%8h7.5030−0.120%$1.6M$5.6M75xas long as short
BingX INJ-USDT+0.0248%8h7.4980−0.186%$20.7Mas long as short
MEXC INJ_USDT+0.0261%8h7.4980−0.186%$29.7M$20.1M300xas long as short
GMX INJ/USD [WBTC.b-USDC]L +0.0267% / S −0.0198%1h7.5042−0.104%$28K100xas long as short
Coinbase International INJ-PERP-INTX+0.0480%1h7.5070−0.067%$368K$632K50xas long as short
Injective INJ/USDC PERP+0.1029%1h7.5540+0.559%$315K$12.1M30xas long as short