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+0.0004%/8h= +0.4% APRpaid last 24h +0.020%
Price spread now: Extended against OKX−0.027%7-day average +0.023% · you buy dearer than you sell
Net, funding: paid 7d − costs−$53as in the Funding arb table
Net, price: spread back to 7d avg − costs−$55as in the Price arb table
costs, in and out, $10k−$500.502% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.027%−$3 on $10k
Price spread, last 4 days (all we have)+0.066%+$7 · spread now −0.027%, 7d avg +0.023%
Together, before fees+0.038%+ Points / potential airdropExtended: Active · farm board+$4 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: Extended is 0.050% cheaper against OKX than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of +0.023%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX INJ-USDT-SWAP7.64100.0100pay 0.0100% / 8h1h 27m$6.2M$19.1M50x
ShortExtended INJ-USD7.63890.0104get 0.0013% / 1h27m 26s$113K$565K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against OKX. 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: −0.027% → +0.023%
−$4.98
Slippage, 4 orders
−$35.24
Fee OKX: 5 bp × 2 orders
−$10
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$54.38
Costs to cover
0.502%
Break-even
460.2 days
Slippage from OKX: live order book, 1 min ago; Extended: live order book, 15 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 OKX live order book, 1 min ago0.65 bp14.6 bp −$1527.7 bp −$277doesn't fitdoesn't fit
Sell Extended live order book, 15 min ago2.41 bp11.6 bp −$12140.2 bp −$1,402doesn't fitdoesn'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%1h7.6278−0.173%20xas long as short
gTrade (Gains Network) INJ/USDL +0.0007% / S −0.0017%1h7.6318−0.120%$18K150xas long as short
dYdX INJ-USD+0.0017%1h7.6372−0.050%$79K$17K5xas long as short
Kraken Futures PF_INJUSD+0.0054%1h7.6358−0.069%$777K$3.5M50xas long as short
Aevo INJ-PERP+0.0096%1h7.6270−0.183%$69K3xas long as short
Orderly PERP_INJ_USDC+0.0100%8h7.6290−0.157%$34K$94K10xas long as short
Aster INJUSDT+0.0100%8h7.6377−0.044%$139K$421K20xas long as short
Binance INJUSDT+0.0100%8h7.6424+0.018%$33.7M$97.7M75xas long as short
Bybit INJUSDT+0.0100%8h7.6370−0.052%$21.1M$31.5M50xas long as short
OKX INJ-USDT-SWAPlong+0.0100%8h7.6410long leg$6.2M$19.1M50x
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate INJ_USDT+0.0100%8h7.6370−0.052%$2.6M$5.3M50xas long as short
KuCoin INJUSDTM+0.0100%8h7.6370−0.052%$8.5M$18.3M50xas long as short
Bitget INJUSDT+0.0100%8h7.6350−0.079%$14.1M$10.5M75xas long as short
Variational Omni INJ+0.0100%8h7.6292−0.155%$271K$150Kas long as short
ApeX Omni INJUSDT+0.0100%1h7.6310−0.131%$46K$269K50xas long as short
Extended INJ-USDshort+0.0104%1h7.6389−0.027%$113K$565K10x
BloFin INJ-USDT+0.0220%8h7.6350−0.079%$1.6M$5.7M75xas long as short
Deribit INJ_USDC-PERPETUAL+0.0235%1h7.6355−0.072%$7K$25K25xas long as short
BingX INJ-USDT+0.0248%8h7.6390−0.026%$21.3Mas long as short
MEXC INJ_USDT+0.0261%8h7.6390−0.026%$29.8M$20.1M300xas long as short
GMX INJ/USD [WBTC.b-USDC]L +0.0268% / S −0.0198%1h7.6325−0.111%$29K100xas long as short
Hyperliquid INJ+0.0268%1h7.6483+0.096%$25.7M$8.6M5xas long as short
Coinbase International INJ-PERP-INTX+0.0464%1h7.6830+0.550%$383K$674K50xas long as short
Injective INJ/USDC PERP+0.1179%1h7.6690+0.366%$320K$12.1M30xas long as short