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

INJ

all INJ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.1231%/8h= +134.8% APRpaid last 24h +0.351%
Price spread now: Injective against Aster+0.684%107s7-day average +0.209% · you sell dearer than you buy
Net, funding: paid 7d − costs+$93as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$800.800% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+1.726%+$173 on $10k
Price spread, last 4 days (all we have)−0.369%−$37 · spread now +0.684%, 7d avg +0.209%
Together, before fees+1.356%+ Points / potential airdropAster: Stage 5 · farm board+$136 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$37 a day on $10k at the current rate, and Injective is 0.475% dearer against Aster than usual: you sell high and buy low: +$48 more if the spread goes back to its 7-day average of +0.209%. The two prices were read 107 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster INJUSDT7.79770.0100pay 0.0100% / 8h5h 11m$149K$413K20x
ShortInjective INJ/USDC PERP7.85100.1331get 0.0166% / 1h11m 33s$327K$12.1M30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective against Aster. 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
$258.53
Price spread: +0.684% → +0.209%
$47.53
Slippage, 4 orders
−$71.98
Fee Aster: 4 bp × 2 orders
−$8
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
$226.06
Costs to cover
0.800%
Break-even
0.9 days
Slippage from Aster: live order book, 51 min ago; Injective: live order book, 3 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 Aster live order book, 51 min ago5.76 bp11.6 bp −$1262.5 bp −$625doesn't fitdoesn't fit
Sell Injective live order book, 3 min ago22.98 bp29.2 bp −$2949.6 bp −$496doesn'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%1h7.7954−0.029%20xas long as short
Deribit INJ_USDC-PERPETUAL0.0000%1h7.8021+0.057%$6K$24K25xas long as short
dYdX INJ-USD+0.0003%1h7.7947−0.038%$81K$17K5xas long as short
gTrade (Gains Network) INJ/USDL +0.0006% / S −0.0002%1h7.8000+0.030%$3K150xas long as short
Aevo INJ-PERP+0.0096%1h7.7965−0.015%$70K3xas long as short
Aster INJUSDTlong+0.0100%8h7.7977long leg$149K$413K20x
Binance INJUSDT+0.0100%8h7.8053+0.098%$35.4M$89.9M75xas long as short
Bybit INJUSDT+0.0100%8h7.8090+0.146%$22.1M$30.3M50xas long as short
OKX INJ-USDT-SWAP+0.0100%8h7.8100+0.158%$6.4M$18.5M50xas long as short
Gate INJ_USDT+0.0100%8h7.7990+0.017%$2.7M$5.0M50xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin INJUSDTM+0.0100%8h7.8010+0.043%$9.6M$16.4M50xas long as short
Bitget INJUSDT+0.0100%8h7.8000+0.030%$14.3M$9.7M75xas long as short
Variational Omni INJ+0.0100%8h7.8320+0.440%$275K$149Kas long as short
ApeX Omni INJUSDT+0.0100%1h7.8190+0.274%$47K$271K50xas long as short
Orderly PERP_INJ_USDC+0.0100%8h7.8000+0.030%$35K$92K10xas long as short
Extended INJ-USD+0.0104%1h7.7968−0.011%$117K$367K10xas long as short
BloFin INJ-USDT+0.0220%8h7.8100+0.158%$1.7M$6.4M75xas long as short
GMX INJ/USD [WBTC.b-USDC]L +0.0269% / S −0.0198%1h7.7978+0.002%$30K100xas long as short
BingX INJ-USDT+0.0271%8h7.8000+0.030%$21.1Mas long as short
MEXC INJ_USDT+0.0285%8h7.7990+0.017%$32.0M$20.9M300xas long as short
Hyperliquid INJ+0.0327%1h7.8043+0.085%$26.3M$8.6M5xas long as short
Kraken Futures PF_INJUSD+0.0439%1h7.8002+0.032%$862K$3.0M50xas long as short
Coinbase International INJ-PERP-INTX+0.0640%1h7.8360+0.492%$385K$578K50xas long as short
Injective INJ/USDC PERPshort+0.1331%1h7.8510+0.684%$327K$12.1M30x