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

INJ

all INJ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.019%
Price spread now: Bybit against Extended+0.098%7-day average −0.024% · you sell dearer than you buy
Net, funding: paid 7d − costs−$53as in the Funding arb table
Net, price: spread back to 7d avg − costs−$44as in the Price arb table
costs, in and out, $10k−$560.563% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.033%+$3 on $10k
Price spread, last 4 days (all we have)−0.084%−$8 · spread now +0.098%, 7d avg −0.024%
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: Bybit is 0.122% dearer against Extended than usual: you sell high and buy low, +$12 on $10k if it goes back to its 7-day average of −0.024%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended INJ-USD7.72500.0104pay 0.0013% / 1h44m 11s$115K$363K10x
ShortBybit INJUSDT7.73260.0100get 0.0100% / 8h6h 44m$21.9M$31.2M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against Extended. 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: +0.098% → −0.024%
$12.21
Slippage, 4 orders
−$40.3
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$44.93
Costs to cover
0.563%
Break-even
never at this rate
Slippage from Extended: live order book, 23 min ago; Bybit: live order book, 5 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 Extended live order book, 23 min ago2.36 bp12.7 bp −$13117.3 bp −$1,173doesn't fitdoesn't fit
Sell Bybit live order book, 5 min ago0.65 bp18.3 bp −$1840.9 bp −$409127.5 bp −$12.7Kdoesn'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%1h7.7201−0.064%20xas long as short
Deribit INJ_USDC-PERPETUAL0.0000%1h7.7315+0.084%$6K$24K25xas long as short
gTrade (Gains Network) INJ/USDL +0.0006% / S −0.0002%1h7.7251+0.001%$3K150xas long as short
dYdX INJ-USD+0.0014%1h7.7268+0.023%$80K$17K5xas long as short
Aevo INJ-PERP+0.0096%1h7.7229−0.028%$70K3xas long as short
Aster INJUSDT+0.0100%8h7.7254+0.004%$147K$428K20xas long as short
Binance INJUSDT+0.0100%8h7.7323+0.094%$35.2M$92.6M75xas long as short
Bybit INJUSDTshort+0.0100%8h7.7326+0.098%$21.9M$31.2M50x
OKX INJ-USDT-SWAP+0.0100%8h7.7330+0.103%$6.3M$18.9M50xas long as short
Gate INJ_USDT+0.0100%8h7.7280+0.038%$2.7M$4.9M50xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin INJUSDTM+0.0100%8h7.7320+0.090%$9.3M$16.6M50xas long as short
Bitget INJUSDT+0.0100%8h7.7310+0.077%$14.2M$10.3M75xas long as short
Variational Omni INJ+0.0100%8h7.7218−0.042%$274K$158Kas long as short
ApeX Omni INJUSDT+0.0100%1h7.7380+0.168%$46K$313K50xas long as short
Orderly PERP_INJ_USDC+0.0100%8h7.7320+0.090%$37K$66K10xas long as short
Extended INJ-USDlong+0.0104%1h7.7250long leg$115K$363K10x
BloFin INJ-USDT+0.0220%8h7.7620+0.479%$1.8M$6.7M75xas long as short
BingX INJ-USDT+0.0271%8h7.7300+0.064%$21.4Mas long as short
GMX INJ/USD [WBTC.b-USDC]L +0.0273% / S −0.0211%1h7.72500.000%$30K100xas long as short
MEXC INJ_USDT+0.0285%8h7.7340+0.116%$31.0M$21.0M300xas long as short
Hyperliquid INJ+0.0359%1h7.7438+0.243%$26.1M$8.8M5xas long as short
Kraken Futures PF_INJUSD+0.0409%1h7.7376+0.163%$868K$3.0M50xas long as short
Coinbase International INJ-PERP-INTX+0.0624%1h7.8010+0.983%$381K$629K50xas long as short
Injective INJ/USDC PERP+0.1354%1h7.7670+0.543%$324K$12.1M30xas long as short