Funding arb · Price arb /

INJ

all INJ markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC−0.0152%/8h= −16.6% APRpaid last 24h −0.053%

Price spread now: Aevo against BingX+0.029%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on BingX Short on Aevo

What this pair did over the last

the charts below follow

Funding, last 7 days−0.291%−$29 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

The price spread pays, funding is against you. Aevo is 0.029% dearer against BingX than usual: you sell high and buy low (spread +0.029% now, against zero (this spread has no 7-day history yet)): +$3 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 15 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX INJ-USDT	7.6740	0.0248	pay 0.0248% / 8h	5h 54m	—	$21.7M	—
Short	Aevo INJ-PERP	7.6762	0.0096	get 0.0012% / 1h	54m 52s	$69K	—	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against BingX. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BingXbpFee AevobpOrdersPrice spread, now +0.029%Rate

Funding earned: −$31.92
Price spread: +0.029% → 0.000%: $2.9
Slippage, 4 orders: no order book: not counted
Fee BingX: 5 bp × 2 orders: −$10
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$55.02
Costs to cover: 0.260%
Break-even: never at this rate

Slippage unknown: BingX: live order book, 2 min ago; Aevo: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy BingX live order book, 2 min ago	0.65 bp	5.7 bp −$6	8.8 bp −$88	28.5 bp −$2,851	113.2 bp −$56.6K
Sell Aevo no order-book sample	—	—	—	—	—

Aevo: 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 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Reya INJRUSDPERP	−0.0200%	1h	7.6726	−0.018%	—	—	20x	as long as short
dYdX INJ-USD	0.0000%	1h	7.6807	+0.087%	$79K	$14K	5x	as long as short
gTrade (Gains Network) INJ/USD	L +0.0008% / S −0.0023%	1h	7.6940	+0.261%	$18K	—	150x	as long as short
Aevo INJ-PERPshort	+0.0096%	1h	7.6762	+0.029%	$69K	—	3x
Orderly PERP_INJ_USDC	+0.0100%	8h	7.6770	+0.039%	$34K	$72K	10x	as long as short
Aster INJUSDT	+0.0100%	8h	7.6784	+0.057%	$147K	$308K	20x	as long as short
Binance INJUSDT	+0.0100%	8h	7.6770	+0.039%	$34.0M	$97.3M	75x	as long as short
Bybit INJUSDT	+0.0100%	8h	7.6699	−0.053%	$21.0M	$30.1M	50x	as long as short
OKX INJ-USDT-SWAP	+0.0100%	8h	7.6730	−0.013%	$5.8M	$20.5M	50x	as long as short
Gate INJ_USDT	+0.0100%	8h	7.6720	−0.026%	$2.7M	$5.3M	50x	as long as short

Show all 24 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin INJUSDTM	+0.0100%	8h	7.6750	+0.013%	$8.4M	$18.0M	50x	as long as short
Bitget INJUSDT	+0.0100%	8h	7.6700	−0.052%	$14.1M	$11.1M	75x	as long as short
Variational Omni INJ	+0.0100%	8h	7.6825	+0.111%	$275K	$125K	—	as long as short
ApeX Omni INJUSDT	+0.0100%	1h	7.7170	+0.560%	$46K	$265K	50x	as long as short
Extended INJ-USD	+0.0104%	1h	7.6744	+0.006%	$114K	$646K	10x	as long as short
Deribit INJ_USDC-PERPETUAL	+0.0128%	1h	7.6796	+0.073%	$5K	$11K	25x	as long as short
Hyperliquid INJ	+0.0199%	1h	7.6850	+0.143%	$25.8M	$7.9M	5x	as long as short
BloFin INJ-USDT	+0.0220%	8h	7.6740	0.000%	$1.6M	$5.2M	75x	as long as short
BingX INJ-USDTlong	+0.0248%	8h	7.6740	long leg	—	$21.7M	—
MEXC INJ_USDT	+0.0261%	8h	7.6770	+0.039%	$30.7M	$20.2M	300x	as long as short
GMX INJ/USD [WBTC.b-USDC]	L +0.0324% / S −0.0344%	1h	7.6748	+0.010%	$40K	—	100x	as long as short
Coinbase International INJ-PERP-INTX	+0.0728%	1h	7.7270	+0.691%	$386K	$653K	50x	as long as short
Kraken Futures PF_INJUSD	+0.1027%	1h	7.6838	+0.128%	$894K	$3.5M	50x	as long as short
Injective INJ/USDC PERP	+0.1301%	1h	7.7180	+0.573%	$317K	$12.2M	30x	as long as short