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−0.0225%/8h= −24.7% APRnext payment $0.28 per $10,000 · paid last 24h −0.074%
Price spread now: ApeX Omni against GMX−0.456%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 3 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 −$7 a day on $10k at the current rate, and ApeX Omni is 0.456% cheaper against GMX than usual: you would sell low and buy high (−$46 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGMX INJ/USD [WBTC.b-USDC]7.6750L +0.0325% / S −0.0344%pay 0.0041% / 1h56m 29s$40K100x
ShortApeX Omni INJUSDT7.64000.0100get 0.0013% / 1h56m 29s$46K$267K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against GMX. 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
−$47.28
Price spread: −0.456% → 0.000%
−$45.6
Slippage, 4 orders
no order book: not counted
Fee GMX: 6 bp × 2 orders
−$12
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$114.88
Costs to cover
0.220%
Break-even
never at this rate
Slippage unknown: GMX: no order-book sample; ApeX Omni: live order book, 46 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 GMX no order-book sample
Sell ApeX Omni live order book, 46 min ago5.87 bp12.0 bp −$1290.8 bp −$908doesn't fitdoesn't fit
GMX: 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%1h7.7397+0.843%20xas long as short
dYdX INJ-USD0.0000%1h7.7133+0.499%$80K$17K5xas long as short
gTrade (Gains Network) INJ/USDL +0.0007% / S −0.0029%1h7.6769+0.025%$16K150xas long as short
Aevo INJ-PERP+0.0096%1h7.6868+0.154%$69K3xas long as short
Orderly PERP_INJ_USDC+0.0100%8h7.6920+0.221%$35K$82K10xas long as short
Aster INJUSDT+0.0100%8h7.7397+0.843%$140K$435K20xas long as short
Binance INJUSDT+0.0100%8h7.7490+0.964%$34.6M$100.6M75xas long as short
Bybit INJUSDT+0.0100%8h7.7500+0.977%$21.6M$32.6M50xas long as short
OKX INJ-USDT-SWAP+0.0100%8h7.7530+1.016%$6.2M$20.0M50xas long as short
Gate INJ_USDT+0.0100%8h7.7200+0.586%$2.8M$5.5M50xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin INJUSDTM+0.0100%8h7.7120+0.482%$8.6M$18.6M50xas long as short
Bitget INJUSDT+0.0100%8h7.7410+0.860%$14.2M$11.6M75xas long as short
Variational Omni INJ+0.0100%8h7.6382−0.480%$271K$150Kas long as short
ApeX Omni INJUSDTshort+0.0100%1h7.6400−0.456%$46K$267K50x
Extended INJ-USD+0.0104%1h7.7145+0.515%$114K$555K10xas long as short
BloFin INJ-USDT+0.0220%8h7.6810+0.078%$1.7M$5.7M75xas long as short
Hyperliquid INJ+0.0231%1h7.7627+1.143%$26.1M$8.8M5xas long as short
BingX INJ-USDT+0.0248%8h7.7240+0.638%$21.4Mas long as short
MEXC INJ_USDT+0.0261%8h7.7120+0.482%$31.0M$20.4M300xas long as short
Deribit INJ_USDC-PERPETUAL+0.0297%1h7.6894+0.188%$7K$25K25xas long as short
GMX INJ/USD [WBTC.b-USDC]longL +0.0325% / S −0.0344%1h7.6750long leg$40K100x
Kraken Futures PF_INJUSD+0.0567%1h7.6886+0.177%$815K$3.6M50xas long as short
Coinbase International INJ-PERP-INTX+0.0608%1h7.7080+0.430%$392K$697K50xas long as short
Injective INJ/USDC PERP+0.1548%1h7.6990+0.313%$308K$12.1M30xas long as short