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

INJ

all INJ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0568%/8h= −62.2% APRnext payment $0.71 per $10,000 · paid last 24h −0.057%
Price spread now: Deribit against Kraken Futures−0.064%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 −$17 a day on $10k at the current rate, and Deribit is 0.064% cheaper against Kraken Futures than usual: you would sell low and buy high (−$6 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_INJUSD7.67990.0568pay 0.0071% / 1h57m 58s$815K$3.6M50x
ShortDeribit INJ_USDC-PERPETUAL7.67500get 0.0000% / 1h57m 58s$7K$25K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Deribit against Kraken Futures. 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
−$119.28
Price spread: −0.064% → 0.000%
−$6.43
Slippage, 4 orders
no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee Deribit: 3.5 bp × 2 orders
−$7
Net
−$142.71
Costs to cover
0.170%
Break-even
never at this rate
Slippage unknown: Kraken Futures: live order book, 1 min ago; 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 Kraken Futures live order book, 1 min ago11.04 bp20.5 bp −$2149.8 bp −$4983770.6 bp −$377.1Kdoesn't fit
Sell Deribit no order-book sample
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%1h7.6670−0.169%20xas long as short
dYdX INJ-USD0.0000%1h7.6980+0.235%$80K$17K5xas long as short
Deribit INJ_USDC-PERPETUALshort0.0000%1h7.6750−0.064%$7K$25K25x
gTrade (Gains Network) INJ/USDL +0.0007% / S −0.0029%1h7.6730−0.090%$16K150xas long as short
Aevo INJ-PERP+0.0096%1h7.6741−0.076%$69K3xas long as short
Orderly PERP_INJ_USDC+0.0100%8h7.6750−0.064%$35K$82K10xas long as short
Hyperliquid INJ+0.0100%1h7.6875+0.098%$25.8M$8.8M5xas long as short
Aster INJUSDT+0.0100%8h7.6826+0.034%$139K$435K20xas long as short
Binance INJUSDT+0.0100%8h7.6785−0.019%$34.3M$100.5M75xas long as short
Bybit INJUSDT+0.0100%8h7.6714−0.111%$21.4M$32.6M50xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX INJ-USDT-SWAP+0.0100%8h7.6700−0.129%$6.2M$19.7M50xas long as short
Gate INJ_USDT+0.0100%8h7.6780−0.025%$2.8M$5.4M50xas long as short
KuCoin INJUSDTM+0.0100%8h7.6700−0.129%$8.6M$18.4M50xas long as short
Bitget INJUSDT+0.0100%8h7.6690−0.142%$14.2M$11.5M75xas long as short
Variational Omni INJ+0.0100%8h7.6382−0.544%$271K$150Kas long as short
ApeX Omni INJUSDT+0.0100%1h7.6400−0.520%$46K$267K50xas long as short
Extended INJ-USD+0.0104%1h7.6754−0.059%$114K$560K10xas long as short
BloFin INJ-USDT+0.0220%8h7.6600−0.260%$1.7M$5.7M75xas long as short
BingX INJ-USDT+0.0248%8h7.6780−0.025%$21.3Mas long as short
MEXC INJ_USDT+0.0261%8h7.6730−0.090%$30.8M$20.3M300xas long as short
GMX INJ/USD [WBTC.b-USDC]L +0.0325% / S −0.0344%1h7.6726−0.096%$40K100xas long as short
Kraken Futures PF_INJUSDlong+0.0568%1h7.6799long leg$815K$3.6M50x
Coinbase International INJ-PERP-INTX+0.0608%1h7.7080+0.365%$392K$697K50xas long as short
Injective INJ/USDC PERP+0.1548%1h7.7100+0.391%$308K$12.1M30xas long as short