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+0.0004%/8h= +0.4% APRpaid last 24h +0.019%
Price spread now: Extended against Bybit−1.136%7-day average +0.022% · you buy dearer than you sell
Net, funding: paid 7d − costs−$49as in the Funding arb table
Net, price: spread back to 7d avg − costs−$162as in the Price arb table
costs, in and out, $10k−$460.459% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.032%−$3 on $10k
Price spread, last 4 days (all we have)+1.169%+$117 · spread now −1.136%, 7d avg +0.022%
Together, before fees+1.137%+ Points / potential airdropExtended: Active · farm board+$114 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 1.158% cheaper against Bybit than usual: you would sell low and buy high, −$116 on $10k if it goes back to its 7-day average of +0.022%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit INJUSDT7.72430.0100pay 0.0100% / 8h59m 46s$21.4M$32.1M50x
ShortExtended INJ-USD7.63660.0104get 0.0013% / 1h59m 46s$114K$560K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against Bybit. 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: −1.136% → +0.022%
−$115.82
Slippage, 4 orders
−$29.91
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$160.88
Costs to cover
0.459%
Break-even
1347.7 days
Slippage from Bybit: live order book, 4 min ago; Extended: live order book, 43 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 Bybit live order book, 4 min ago0.65 bp11.7 bp −$1237.6 bp −$376doesn't fitdoesn't fit
Sell Extended live order book, 43 min ago2.41 bp11.6 bp −$12140.2 bp −$1,402doesn'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%1h7.6368−1.133%20xas long as short
gTrade (Gains Network) INJ/USDL +0.0007% / S −0.0017%1h7.6405−1.085%$18K150xas long as short
dYdX INJ-USD+0.0019%1h7.6398−1.094%$79K$17K5xas long as short
Kraken Futures PF_INJUSD+0.0054%1h7.6418−1.068%$778K$3.5M50xas long as short
Aevo INJ-PERP+0.0096%1h7.6403−1.087%$69K3xas long as short
Orderly PERP_INJ_USDC+0.0100%8h7.6420−1.065%$34K$82K10xas long as short
Aster INJUSDT+0.0100%8h7.7476+0.301%$140K$434K20xas long as short
Binance INJUSDT+0.0100%8h7.7368+0.162%$34.2M$98.4M75xas long as short
Bybit INJUSDTlong+0.0100%8h7.7243long leg$21.4M$32.1M50x
OKX INJ-USDT-SWAP+0.0100%8h7.7190−0.069%$6.1M$19.5M50xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate INJ_USDT+0.0100%8h7.6340−1.169%$2.7M$5.5M50xas long as short
KuCoin INJUSDTM+0.0100%8h7.6310−1.208%$8.5M$18.4M50xas long as short
Bitget INJUSDT+0.0100%8h7.6280−1.247%$14.0M$10.5M75xas long as short
Variational Omni INJ+0.0100%8h7.6382−1.115%$271K$150Kas long as short
ApeX Omni INJUSDT+0.0100%1h7.6620−0.807%$46K$268K50xas long as short
Extended INJ-USDshort+0.0104%1h7.6366−1.136%$114K$560K10x
BloFin INJ-USDT+0.0220%8h7.6410−1.078%$1.6M$5.7M75xas long as short
Hyperliquid INJ+0.0228%1h7.6420−1.065%$25.7M$8.6M5xas long as short
BingX INJ-USDT+0.0248%8h7.6340−1.169%$21.3Mas long as short
Deribit INJ_USDC-PERPETUAL+0.0260%1h7.6441−1.038%$7K$25K25xas long as short
MEXC INJ_USDT+0.0261%8h7.6350−1.156%$30.1M$20.3M300xas long as short
GMX INJ/USD [WBTC.b-USDC]L +0.0324% / S −0.0344%1h7.6405−1.085%$40K100xas long as short
Coinbase International INJ-PERP-INTX+0.0464%1h7.7020−0.289%$384K$675K50xas long as short
Injective INJ/USDC PERP+0.1179%1h7.6780−0.599%$320K$12.1M30xas long as short