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+0.0100%/8h= +10.9% APRnext payment +$0.13 per $10,000 · paid last 24h +0.013%
Price spread now: ApeX Omni against dYdX−0.753%50s7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.149%+$15 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. ApeX Omni is 0.753% cheaper against dYdX than usual: you would sell low and buy high (spread −0.753% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$75 on $10k: about 25 days of funding at the current rate (+$3 a day). The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX INJ-USD7.69800get 0.0000% / 1h57m 59s$80K$17K5x
ShortApeX Omni INJUSDT7.64000.0100get 0.0013% / 1h57m 59s$46K$267K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against dYdX. 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
$21
Price spread: −0.753% → 0.000%
−$75.29
Slippage, 4 orders
no order book: not counted
Fee dYdX: 5 bp × 2 orders
−$10
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$74.29
Costs to cover
0.200%
Break-even
31.8 days
Slippage unknown: dYdX: no order-book sample; ApeX Omni: live order book, 44 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy dYdX no order-book sample
Sell ApeX Omni live order book, 44 min ago5.87 bp12.0 bp −$1290.8 bp −$908doesn't fitdoesn't fit
dYdX: 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 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%1h7.6670−0.403%20xas long as short
dYdX INJ-USDlong0.0000%1h7.6980long leg$80K$17K5x
Deribit INJ_USDC-PERPETUAL0.0000%1h7.6750−0.298%$7K$25K25xas long as short
gTrade (Gains Network) INJ/USDL +0.0007% / S −0.0029%1h7.6730−0.324%$16K150xas long as short
Aevo INJ-PERP+0.0096%1h7.6741−0.310%$69K3xas long as short
Orderly PERP_INJ_USDC+0.0100%8h7.6750−0.298%$35K$82K10xas long as short
Hyperliquid INJ+0.0100%1h7.6875−0.136%$25.8M$8.8M5xas long as short
Aster INJUSDT+0.0100%8h7.6826−0.200%$139K$435K20xas long as short
Binance INJUSDT+0.0100%8h7.6785−0.253%$34.3M$100.5M75xas long as short
Bybit INJUSDT+0.0100%8h7.6714−0.345%$21.4M$32.6M50xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX INJ-USDT-SWAP+0.0100%8h7.6700−0.363%$6.2M$19.7M50xas long as short
Gate INJ_USDT+0.0100%8h7.6780−0.259%$2.8M$5.4M50xas long as short
KuCoin INJUSDTM+0.0100%8h7.6700−0.363%$8.6M$18.4M50xas long as short
Bitget INJUSDT+0.0100%8h7.6690−0.376%$14.2M$11.5M75xas long as short
Variational Omni INJ+0.0100%8h7.6382−0.777%$271K$150Kas long as short
ApeX Omni INJUSDTshort+0.0100%1h7.6400−0.753%$46K$267K50x
Extended INJ-USD+0.0104%1h7.6754−0.293%$114K$560K10xas long as short
BloFin INJ-USDT+0.0220%8h7.6600−0.493%$1.7M$5.7M75xas long as short
BingX INJ-USDT+0.0248%8h7.6780−0.259%$21.3Mas long as short
MEXC INJ_USDT+0.0261%8h7.6730−0.324%$30.8M$20.3M300xas long as short
GMX INJ/USD [WBTC.b-USDC]L +0.0325% / S −0.0344%1h7.6726−0.330%$40K100xas long as short
Kraken Futures PF_INJUSD+0.0568%1h7.6799−0.234%$815K$3.6M50xas long as short
Coinbase International INJ-PERP-INTX+0.0608%1h7.7080+0.130%$392K$697K50xas long as short
Injective INJ/USDC PERP+0.1548%1h7.7100+0.156%$308K$12.1M30xas long as short