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

INJ

all INJ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against KuCoin−0.130%7-day average −0.044% · you buy dearer than you sell
Net, funding: paid 7d − costs−$66as in the Funding arb table
Net, price: spread back to 7d avg − costs−$71as in the Price arb table
costs, in and out, $10k−$620.621% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.036%−$4 on $10k
Price spread, last 7 days+0.069%+$7 · spread now −0.130%, 7d avg −0.044%
Together, before fees+0.032%+$3 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: Bitget is 0.086% cheaper against KuCoin than usual: you would sell low and buy high, −$9 on $10k if it goes back to its 7-day average of −0.044%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin INJUSDTM7.68800.0100pay 0.0100% / 8h35m 17s$8.6M$18.6M50x
ShortBitget INJUSDT7.67800.0100get 0.0100% / 8h35m 17s$14.0M$11.8M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against KuCoin. 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
Price spread: −0.130% → −0.044%
−$8.58
Slippage, 4 orders
−$38.11
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$70.69
Costs to cover
0.621%
Break-even
never at this rate
Slippage from KuCoin: live order book, 3 min ago; Bitget: live order book, 3 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 KuCoin live order book, 3 min ago4.53 bp22.4 bp −$2258.1 bp −$581doesn't fitdoesn't fit
Sell Bitget live order book, 3 min ago1.95 bp11.5 bp −$1114.4 bp −$144120.0 bp −$12.0Kdoesn'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%1h7.6845−0.046%20xas long as short
dYdX INJ-USD0.0000%1h7.6900+0.027%$80K$17K5xas long as short
gTrade (Gains Network) INJ/USDL +0.0007% / S −0.0029%1h7.6809−0.092%$17K150xas long as short
Aevo INJ-PERP+0.0096%1h7.6860−0.026%$69K3xas long as short
Orderly PERP_INJ_USDC+0.0100%8h7.6820−0.078%$34K$83K10xas long as short
Aster INJUSDT+0.0100%8h7.6874−0.008%$141K$437K20xas long as short
Binance INJUSDT+0.0100%8h7.6852−0.037%$34.1M$103.0M75xas long as short
Bybit INJUSDT+0.0100%8h7.6810−0.091%$21.4M$32.6M50xas long as short
OKX INJ-USDT-SWAP+0.0100%8h7.6850−0.039%$6.1M$20.4M50xas long as short
Gate INJ_USDT+0.0100%8h7.6830−0.065%$2.7M$5.9M50xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin INJUSDTMlong+0.0100%8h7.6880long leg$8.6M$18.6M50x
Bitget INJUSDTshort+0.0100%8h7.6780−0.130%$14.0M$11.8M75x
Variational Omni INJ+0.0100%8h7.7090+0.273%$273K$146Kas long as short
ApeX Omni INJUSDT+0.0100%1h7.7100+0.286%$46K$266K50xas long as short
Extended INJ-USD+0.0104%1h7.6833−0.061%$114K$642K10xas long as short
Deribit INJ_USDC-PERPETUAL+0.0114%1h7.6863−0.022%$6K$26K25xas long as short
BloFin INJ-USDT+0.0220%8h7.6960+0.104%$1.7M$5.7M75xas long as short
BingX INJ-USDT+0.0248%8h7.6820−0.078%$21.4Mas long as short
MEXC INJ_USDT+0.0261%8h7.68800.000%$30.8M$20.6M300xas long as short
GMX INJ/USD [WBTC.b-USDC]L +0.0326% / S −0.0344%1h7.6832−0.062%$40K100xas long as short
Hyperliquid INJ+0.0391%1h7.7000+0.156%$25.9M$8.8M5xas long as short
Kraken Futures PF_INJUSD+0.0567%1h7.6926+0.060%$809K$3.6M50xas long as short
Coinbase International INJ-PERP-INTX+0.0608%1h7.7670+1.028%$391K$718K50xas long as short
Injective INJ/USDC PERP+0.1548%1h7.7250+0.481%$314K$12.1M30xas long as short