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−0.0168%/8h= −18.4% APRpaid last 24h −0.087%
Price spread now: OKX against GMX−0.028%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 −$5 a day on $10k at the current rate, and OKX is 0.028% cheaper against GMX than usual: you would sell low and buy high (−$3 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]7.6761L +0.0268% / S −0.0198%pay 0.0034% / 1h43m 48s$29K100x
ShortOKX INJ-USDT-SWAP7.67400.0100get 0.0100% / 8h1h 43m$6.2M$19.2M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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
−$35.35
Price spread: −0.028% → 0.000%
−$2.76
Slippage, 4 orders
no order book: not counted
Fee GMX: 6 bp × 2 orders
−$12
Fee OKX: 5 bp × 2 orders
−$10
Net
−$60.11
Costs to cover
0.220%
Break-even
never at this rate
Slippage unknown: GMX: no order-book sample; OKX: live order book, 5 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 OKX live order book, 5 min ago0.65 bp11.7 bp −$1226.7 bp −$267doesn'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%1h7.6763+0.002%20xas long as short
dYdX INJ-USD0.0000%1h7.6831+0.091%$79K$17K5xas long as short
gTrade (Gains Network) INJ/USDL +0.0007% / S −0.0017%1h7.6775+0.017%$19K150xas long as short
Kraken Futures PF_INJUSD+0.0054%1h7.6797+0.046%$798K$3.5M50xas long as short
Aevo INJ-PERP+0.0096%1h7.6708−0.069%$69K3xas long as short
Orderly PERP_INJ_USDC+0.0100%8h7.6740−0.028%$35K$94K10xas long as short
Aster INJUSDT+0.0100%8h7.6742−0.025%$139K$421K20xas long as short
Binance INJUSDT+0.0100%8h7.6760−0.002%$33.8M$98.0M75xas long as short
Bybit INJUSDT+0.0100%8h7.6720−0.054%$21.2M$31.9M50xas long as short
OKX INJ-USDT-SWAPshort+0.0100%8h7.6740−0.028%$6.2M$19.2M50x
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate INJ_USDT+0.0100%8h7.6710−0.067%$2.7M$5.3M50xas long as short
KuCoin INJUSDTM+0.0100%8h7.6710−0.067%$8.5M$18.3M50xas long as short
Bitget INJUSDT+0.0100%8h7.6720−0.054%$14.1M$10.5M75xas long as short
Variational Omni INJ+0.0100%8h7.6612−0.195%$272K$150Kas long as short
ApeX Omni INJUSDT+0.0100%1h7.6830+0.090%$46K$269K50xas long as short
Deribit INJ_USDC-PERPETUAL+0.0102%1h7.6740−0.028%$7K$25K25xas long as short
Extended INJ-USD+0.0104%1h7.6742−0.026%$114K$563K10xas long as short
BloFin INJ-USDT+0.0220%8h7.6890+0.168%$1.7M$5.7M75xas long as short
Hyperliquid INJ+0.0222%1h7.6816+0.071%$25.8M$8.6M5xas long as short
BingX INJ-USDT+0.0248%8h7.6740−0.028%$21.1Mas long as short
MEXC INJ_USDT+0.0261%8h7.6730−0.041%$30.1M$20.0M300xas long as short
GMX INJ/USD [WBTC.b-USDC]longL +0.0268% / S −0.0198%1h7.6761long leg$29K100x
Coinbase International INJ-PERP-INTX+0.0464%1h7.6990+0.298%$383K$676K50xas long as short
Injective INJ/USDC PERP+0.1179%1h7.7050+0.376%$321K$12.1M30xas long as short