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

INJ

all INJ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 21:00 UTC−0.0012%/8h= −1.3% APRnext payment $0.01 per $10,000 · paid last 24h −0.014%
Price spread now: Deribit against dYdX−0.216%7-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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and Deribit is 0.216% cheaper against dYdX than usual: you would sell low and buy high (−$22 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX INJ-USD7.79980.0012pay 0.0001% / 1h32m 35s$90K$14K5x
ShortDeribit INJ_USDC-PERPETUAL7.78300get 0.0000% / 1h32m 35s$9K$22K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Deribit 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
−$2.49
Price spread: −0.216% → 0.000%
−$21.6
Slippage, 4 orders
no order book: not counted
Fee dYdX: 5 bp × 2 orders
−$10
Fee Deribit: 3.5 bp × 2 orders
−$7
Net
−$41.08
Costs to cover
0.170%
Break-even
never at this rate
Slippage unknown: dYdX: no order-book sample; Deribit: no order-book sample. 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 Deribit no order-book sample
dYdX and Deribit: 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%1h7.7795−0.260%20xas long as short
Deribit INJ_USDC-PERPETUALshort0.0000%1h7.7830−0.216%$9K$22K25x
gTrade (Gains Network) INJ/USDL +0.0006% / S −0.0002%1h7.7835−0.210%$3K150xas long as short
dYdX INJ-USDlong+0.0012%1h7.7998long leg$90K$14K5x
Variational Omni INJ+0.0019%8h7.7706−0.375%$272K$154Kas long as short
Orderly PERP_INJ_USDC+0.0092%8h7.7840−0.203%$38K$65K10xas long as short
Aevo INJ-PERP+0.0096%1h7.7811−0.241%$70K$13K3xas long as short
Aster INJUSDT+0.0100%8h7.8000+0.002%$166K$431K20xas long as short
Binance INJUSDT+0.0100%8h7.8002+0.005%$35.8M$95.4M75xas long as short
Bybit INJUSDT+0.0100%8h7.7820−0.229%$21.9M$31.6M50xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX INJ-USDT-SWAP+0.0100%8h7.7990−0.011%$6.4M$20.7M50xas long as short
Gate INJ_USDT+0.0100%8h7.7980−0.024%$2.8M$5.0M50xas long as short
KuCoin INJUSDTM+0.0100%8h7.8020+0.028%$9.6M$16.2M50xas long as short
Bitget INJUSDT+0.0100%8h7.8010+0.015%$14.3M$11.4M75xas long as short
ApeX Omni INJUSDT+0.0100%1h7.7960−0.049%$50K$346K50xas long as short
Extended INJ-USD+0.0104%1h7.8017+0.024%$120K$468K10xas long as short
BloFin INJ-USDT+0.0220%8h7.8010+0.015%$1.8M$7.6M75xas long as short
BingX INJ-USDT+0.0271%8h7.8040+0.053%$21.3Mas long as short
MEXC INJ_USDT+0.0285%8h7.8020+0.028%$32.3M$24.0M300xas long as short
Kraken Futures PF_INJUSD+0.0372%1h7.7931−0.087%$968K$3.1M50xas long as short
GMX INJ/USD [WBTC.b-USDC]L +0.0390% / S −0.0466%1h7.7826−0.221%$47K100xas long as short
Hyperliquid INJ+0.0694%1h7.8136+0.176%$26.3M$8.8M5xas long as short
Coinbase International INJ-PERP-INTX+0.0720%1h7.8000+0.002%$386K$733K50xas long as short
Injective INJ/USDC PERP+0.1412%1h7.8200+0.258%$320K$12.1M30xas long as short