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−0.0077%/8h= −8.4% APRpaid last 24h −0.025%
Price spread now: dYdX against Binance−0.036%7-day average · you buy dearer than you sell
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−0.099%−$10 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and dYdX is 0.036% cheaper against Binance than usual: you would sell low and buy high (−$4 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance INJUSDT7.65930.0100pay 0.0100% / 8h1h 11m$33.8M$97.5M75x
ShortdYdX INJ-USD7.65650.0023get 0.0003% / 1h11m 40s$79K$17K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

dYdX against Binance. 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
−$16.13
Price spread: −0.036% → 0.000%
−$3.57
Slippage, 4 orders
no order book: not counted
Fee Binance: 5 bp × 2 orders
−$10
Fee dYdX: 5 bp × 2 orders
−$10
Net
−$39.7
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: Binance: live order book, 1 min ago; dYdX: 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 Binance live order book, 1 min ago0.65 bp9.3 bp −$919.6 bp −$196161.1 bp −$16.1Kdoesn't fit
Sell dYdX no order-book sample
dYdX: 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%1h7.6540−0.069%20xas long as short
gTrade (Gains Network) INJ/USDL +0.0007% / S −0.0017%1h7.6653+0.079%$19K150xas long as short
dYdX INJ-USDshort+0.0023%1h7.6565−0.036%$79K$17K5x
Kraken Futures PF_INJUSD+0.0054%1h7.6604+0.015%$780K$3.5M50xas long as short
Aevo INJ-PERP+0.0096%1h7.6555−0.049%$69K3xas long as short
Orderly PERP_INJ_USDC+0.0100%8h7.6570−0.030%$34K$82K10xas long as short
Aster INJUSDT+0.0100%8h7.6608+0.020%$138K$427K20xas long as short
Binance INJUSDTlong+0.0100%8h7.6593long leg$33.8M$97.5M75x
Bybit INJUSDT+0.0100%8h7.6560−0.043%$21.1M$31.4M50xas long as short
OKX INJ-USDT-SWAP+0.0100%8h7.6540−0.069%$6.2M$19.1M50xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate INJ_USDT+0.0100%8h7.6570−0.030%$2.6M$5.4M50xas long as short
KuCoin INJUSDTM+0.0100%8h7.6590−0.004%$8.5M$18.4M50xas long as short
Bitget INJUSDT+0.0100%8h7.6530−0.082%$14.0M$10.5M75xas long as short
Variational Omni INJ+0.0100%8h7.6562−0.041%$272K$150Kas long as short
ApeX Omni INJUSDT+0.0100%1h7.6660+0.088%$46K$268K50xas long as short
Extended INJ-USD+0.0104%1h7.6579−0.018%$114K$560K10xas long as short
BloFin INJ-USDT+0.0220%8h7.6630+0.049%$1.6M$5.7M75xas long as short
BingX INJ-USDT+0.0248%8h7.6580−0.017%$21.3Mas long as short
MEXC INJ_USDT+0.0261%8h7.6580−0.017%$29.9M$20.2M300xas long as short
GMX INJ/USD [WBTC.b-USDC]L +0.0268% / S −0.0198%1h7.6530−0.082%$29K100xas long as short
Deribit INJ_USDC-PERPETUAL+0.0338%1h7.6605+0.016%$7K$25K25xas long as short
Hyperliquid INJ+0.0360%1h7.6653+0.079%$25.7M$8.6M5xas long as short
Coinbase International INJ-PERP-INTX+0.0464%1h7.6800+0.271%$383K$672K50xas long as short
Injective INJ/USDC PERP+0.1179%1h7.7020+0.558%$321K$12.1M30xas long as short