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

INJ

all INJ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0148%/8h= −16.2% APRnext payment $1.48 per $10,000 · paid last 24h −0.038%
Price spread now: Aster against BingX−0.006%7-day average +0.029% · you buy dearer than you sell
Net, funding: paid 7d − costs−$50as in the Funding arb table
Net, price: spread back to 7d avg − costs−$40as in the Price arb table
costs, in and out, $10k−$360.364% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.133%−$13 on $10k
Price spread, last 4 days (all we have)+0.086%+$9 · spread now −0.006%, 7d avg +0.029%
Together, before fees−0.047%+ Points / potential airdropAster: Stage 5 · farm board−$5 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Aster is 0.036% cheaper against BingX than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.029%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX INJ-USDT7.63300.0248pay 0.0248% / 8h1h 31m$21.3M
ShortAster INJUSDT7.63250.0100get 0.0100% / 8h1h 31m$139K$421K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against BingX. 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
−$31.08
Price spread: −0.006% → +0.029%
−$3.58
Slippage, 4 orders
−$18.38
Fee BingX: 5 bp × 2 orders
−$10
Fee Aster: 4 bp × 2 orders
−$8
Net
−$71.04
Costs to cover
0.364%
Break-even
never at this rate
Slippage from BingX: live order book, 2 min ago; Aster: live order book, 11 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 BingX live order book, 2 min ago0.65 bp7.8 bp −$810.0 bp −$10026.0 bp −$2,60094.7 bp −$47.4K
Sell Aster live order book, 11 min ago4.57 bp10.8 bp −$1177.1 bp −$771doesn'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%1h7.6303−0.035%20xas long as short
gTrade (Gains Network) INJ/USDL +0.0007% / S −0.0017%1h7.6332+0.002%$18K150xas long as short
dYdX INJ-USD+0.0019%1h7.6308−0.029%$79K$17K5xas long as short
Kraken Futures PF_INJUSD+0.0054%1h7.6372+0.054%$778K$3.5M50xas long as short
Aevo INJ-PERP+0.0096%1h7.6318−0.016%$69K3xas long as short
Orderly PERP_INJ_USDC+0.0100%8h7.6340+0.013%$34K$94K10xas long as short
Aster INJUSDTshort+0.0100%8h7.6325−0.006%$139K$421K20x
Binance INJUSDT+0.0100%8h7.6340+0.013%$33.6M$97.8M75xas long as short
Bybit INJUSDT+0.0100%8h7.6304−0.034%$21.1M$31.6M50xas long as short
OKX INJ-USDT-SWAP+0.0100%8h7.6350+0.026%$6.2M$19.1M50xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate INJ_USDT+0.0100%8h7.6310−0.026%$2.6M$5.3M50xas long as short
KuCoin INJUSDTM+0.0100%8h7.6320−0.013%$8.5M$18.3M50xas long as short
Bitget INJUSDT+0.0100%8h7.6270−0.079%$14.1M$10.5M75xas long as short
Variational Omni INJ+0.0100%8h7.6322−0.011%$271K$150Kas long as short
ApeX Omni INJUSDT+0.0100%1h7.6490+0.210%$46K$269K50xas long as short
Extended INJ-USD+0.0104%1h7.6321−0.012%$113K$565K10xas long as short
BloFin INJ-USDT+0.0220%8h7.6370+0.052%$1.6M$5.7M75xas long as short
Hyperliquid INJ+0.0248%1h7.6414+0.110%$25.7M$8.6M5xas long as short
BingX INJ-USDTlong+0.0248%8h7.6330long leg$21.3M
MEXC INJ_USDT+0.0261%8h7.6340+0.013%$29.8M$20.1M300xas long as short
Deribit INJ_USDC-PERPETUAL+0.0261%1h7.6361+0.041%$7K$25K25xas long as short
GMX INJ/USD [WBTC.b-USDC]L +0.0268% / S −0.0198%1h7.6312−0.023%$29K100xas long as short
Coinbase International INJ-PERP-INTX+0.0464%1h7.6830+0.655%$383K$674K50xas long as short
Injective INJ/USDC PERP+0.1179%1h7.6610+0.367%$319K$12.1M30xas long as short