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−0.0171%/8h= −18.7% APRnext payment $1.71 per $10,000 · paid last 24h −0.038%
Price spread now: KuCoin against BingX+0.077%7-day average +0.004% · you sell dearer than you buy
Net, funding: paid 7d − costs−$69as in the Funding arb table
Net, price: spread back to 7d avg − costs−$44as in the Price arb table
costs, in and out, $10k−$510.511% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.175%−$18 on $10k
Price spread, last 7 days−0.080%−$8 · spread now +0.077%, 7d avg +0.004%
Together, before fees−0.255%−$25 on $10k · with fees, hour by hour
The price spread pays, funding is against you. KuCoin is 0.073% dearer against BingX than usual: you sell high and buy low (spread +0.077% now, against its 7-day average of +0.004%): +$7 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 34 hours. At the pace of the last 7 days (−0.175% in total) that is about 2.9 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX INJ-USDT7.79700.0271pay 0.0271% / 8h6h 17m$21.3M
ShortKuCoin INJUSDTM7.80300.0100get 0.0100% / 8h6h 17m$9.3M$16.5M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
−$35.91
Price spread: +0.077% → +0.004%
$7.32
Slippage, 4 orders
−$29.09
Fee BingX: 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$79.68
Costs to cover
0.511%
Break-even
never at this rate
Slippage from BingX: live order book, 6 min ago; KuCoin: live order book, 6 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, 6 min ago0.64 bp5.6 bp −$66.7 bp −$6717.3 bp −$1,72977.4 bp −$38.7K
Sell KuCoin live order book, 6 min ago3.19 bp23.9 bp −$2453.2 bp −$532doesn't fitdoesn't fit

INJ on 23 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%1h7.8243+0.350%20xas long as short
gTrade (Gains Network) INJ/USDL +0.0006% / S −0.0002%1h7.8300+0.423%$3K150xas long as short
dYdX INJ-USD+0.0021%1h7.8007+0.047%$81K$17K5xas long as short
Deribit INJ_USDC-PERPETUAL+0.0044%1h7.8266+0.380%$6K$24K25xas long as short
Aevo INJ-PERP+0.0096%1h7.8229+0.332%$71K3xas long as short
Aster INJUSDT+0.0100%8h7.8092+0.157%$149K$424K20xas long as short
Binance INJUSDT+0.0100%8h7.8015+0.057%$35.4M$91.4M75xas long as short
Bybit INJUSDT+0.0100%8h7.7985+0.019%$22.0M$31.0M50xas long as short
OKX INJ-USDT-SWAP+0.0100%8h7.7980+0.013%$6.3M$18.9M50xas long as short
Gate INJ_USDT+0.0100%8h7.7960−0.013%$2.7M$4.9M50xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin INJUSDTMshort+0.0100%8h7.8030+0.077%$9.3M$16.5M50x
Bitget INJUSDT+0.0100%8h7.7990+0.026%$14.3M$10.2M75xas long as short
Variational Omni INJ+0.0100%8h7.8251+0.360%$275K$151Kas long as short
ApeX Omni INJUSDT+0.0100%1h7.8260+0.372%$47K$280K50xas long as short
Orderly PERP_INJ_USDC+0.0100%8h7.8240+0.346%$35K$80K10xas long as short
Extended INJ-USD+0.0104%1h7.7982+0.015%$116K$365K10xas long as short
GMX INJ/USD [WBTC.b-USDC]L +0.0270% / S −0.0198%1h7.8271+0.387%$30K100xas long as short
BingX INJ-USDTlong+0.0271%8h7.7970long leg$21.3M
MEXC INJ_USDT+0.0285%8h7.8000+0.038%$31.9M$21.3M300xas long as short
Hyperliquid INJ+0.0388%1h7.8134+0.210%$26.3M$8.9M5xas long as short
Kraken Futures PF_INJUSD+0.0404%1h7.8286+0.405%$871K$3.0M50xas long as short
Coinbase International INJ-PERP-INTX+0.0624%1h7.8450+0.616%$383K$603K50xas long as short
Injective INJ/USDC PERP+0.1354%1h7.8580+0.782%$328K$12.1M30xas long as short