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+0.0004%/8h= +0.4% APRpaid last 24h −0.010%
Price spread now: Extended against Bitget−0.028%7-day average +0.067% · you buy dearer than you sell
Net, funding: paid 7d − costs−$56as in the Funding arb table
Net, price: spread back to 7d avg − costs−$61as in the Price arb table
costs, in and out, $10k−$510.514% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.045%−$4 on $10k
Price spread, last 4 days (all we have)−0.007%−$1 · spread now −0.028%, 7d avg +0.067%
Together, before fees−0.051%+ Points / potential airdropExtended: Active · farm board−$5 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Extended is 0.095% cheaper against Bitget than usual: you would sell low and buy high, −$10 on $10k if it goes back to its 7-day average of +0.067%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget INJUSDT7.64400.0100pay 0.0100% / 8h22m 14s$14.0M$11.7M75x
ShortExtended INJ-USD7.64190.0104get 0.0013% / 1h22m 14s$113K$642K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against Bitget. 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
$0.84
Price spread: −0.028% → +0.067%
−$9.51
Slippage, 4 orders
−$34.41
Fee Bitget: 6 bp × 2 orders
−$12
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$60.09
Costs to cover
0.514%
Break-even
507.7 days
Slippage from Bitget: live order book, 1 min ago; Extended: live order book, 16 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 Bitget live order book, 1 min ago2.61 bp13.2 bp −$1321.5 bp −$215doesn't fitdoesn't fit
Sell Extended live order book, 16 min ago1.88 bp11.2 bp −$11107.5 bp −$1,075doesn'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%1h7.6478+0.049%20xas long as short
dYdX INJ-USD0.0000%1h7.6637+0.258%$79K$17K5xas long as short
gTrade (Gains Network) INJ/USDL +0.0007% / S −0.0029%1h7.6460+0.026%$16K150xas long as short
Aevo INJ-PERP+0.0096%1h7.6458+0.023%$69K3xas long as short
Orderly PERP_INJ_USDC+0.0100%8h7.6430−0.013%$34K$83K10xas long as short
Aster INJUSDT+0.0100%8h7.6489+0.065%$147K$447K20xas long as short
Binance INJUSDT+0.0100%8h7.6489+0.065%$33.8M$102.9M75xas long as short
Bybit INJUSDT+0.0100%8h7.6445+0.007%$21.2M$32.6M50xas long as short
OKX INJ-USDT-SWAP+0.0100%8h7.6470+0.039%$6.1M$20.4M50xas long as short
Gate INJ_USDT+0.0100%8h7.6450+0.013%$2.6M$5.9M50xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin INJUSDTM+0.0100%8h7.6430−0.013%$8.5M$18.6M50xas long as short
Bitget INJUSDTlong+0.0100%8h7.6440long leg$14.0M$11.7M75x
Variational Omni INJ+0.0100%8h7.6491+0.067%$272K$144Kas long as short
ApeX Omni INJUSDT+0.0100%1h7.6570+0.170%$46K$266K50xas long as short
Extended INJ-USDshort+0.0104%1h7.6419−0.028%$113K$642K10x
BloFin INJ-USDT+0.0220%8h7.6680+0.314%$1.7M$5.7M75xas long as short
BingX INJ-USDT+0.0248%8h7.6470+0.039%$21.5Mas long as short
Deribit INJ_USDC-PERPETUAL+0.0260%1h7.6461+0.027%$6K$26K25xas long as short
MEXC INJ_USDT+0.0261%8h7.6490+0.065%$30.3M$20.8M300xas long as short
GMX INJ/USD [WBTC.b-USDC]L +0.0325% / S −0.0344%1h7.6442+0.003%$40K100xas long as short
Hyperliquid INJ+0.0436%1h7.6584+0.188%$25.7M$8.8M5xas long as short
Kraken Futures PF_INJUSD+0.0570%1h7.6554+0.150%$807K$3.6M50xas long as short
Coinbase International INJ-PERP-INTX+0.0608%1h7.6760+0.419%$387K$712K50xas long as short
Injective INJ/USDC PERP+0.1548%1h7.7000+0.733%$314K$12.3M30xas long as short