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

INJ

all INJ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0832%/8h= +91.1% APRnext payment +$1.04 per $10,000 · paid last 24h
Price spread now: Coinbase International against Reya+0.206%7-day average · you sell dearer than you buy
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 7 daysno history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropReya: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$25 a day on $10k at the current rate, and Coinbase International is 0.206% dearer against Reya than usual: you sell high and buy low: +$21 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongReya INJRUSDPERP7.8718−0.0200get 0.0025% / 1h38m 20s20x
ShortCoinbase International INJ-PERP-INTX7.88800.0632get 0.0079% / 1h38m 20s$386K$722K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International against Reya. 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
$174.66
Price spread: +0.206% → 0.000%
$20.57
Slippage, 4 orders
no order book: not counted
Fee Reya: 3 bp × 2 orders
−$6
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
$179.23
Costs to cover
0.160%
Break-even
from the start
Slippage unknown: Reya: no order-book sample; Coinbase International: live order book, 40 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 Reya no order-book sample
Sell Coinbase International live order book, 40 min ago10.24 bp22.9 bp −$2350.2 bp −$502doesn't fitdoesn't fit
Reya: 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 INJRUSDPERPlong−0.0200%1h7.8718long leg20x
dYdX INJ-USD0.0000%1h7.8732+0.017%$91K$8K5xas long as short
Deribit INJ_USDC-PERPETUAL0.0000%1h7.8700−0.023%$7K$23K25xas long as short
gTrade (Gains Network) INJ/USDL +0.0006% / S −0.0002%1h7.8727+0.012%$3K150xas long as short
Aevo INJ-PERP+0.0096%1h7.8675−0.055%$71K$13K3xas long as short
Orderly PERP_INJ_USDC+0.0099%8h7.8690−0.036%$37K$65K10xas long as short
Aster INJUSDT+0.0100%8h7.8743+0.032%$158K$449K20xas long as short
Binance INJUSDT+0.0100%8h7.8745+0.034%$35.8M$95.0M75xas long as short
Bybit INJUSDT+0.0100%8h7.8640−0.099%$22.2M$32.3M50xas long as short
OKX INJ-USDT-SWAP+0.0100%8h7.8640−0.099%$6.4M$20.3M50xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate INJ_USDT+0.0100%8h7.8690−0.036%$2.8M$5.0M50xas long as short
KuCoin INJUSDTM+0.0100%8h7.8710−0.010%$9.5M$16.5M50xas long as short
Bitget INJUSDT+0.0100%8h7.8660−0.074%$14.5M$10.7M75xas long as short
Variational Omni INJ+0.0100%8h7.8795+0.098%$281K$160Kas long as short
ApeX Omni INJUSDT+0.0100%1h7.8920+0.257%$48K$348K50xas long as short
Extended INJ-USD+0.0104%1h7.8707−0.014%$120K$460K10xas long as short
Kraken Futures PF_INJUSD+0.0203%1h7.8741+0.029%$906K$3.1M50xas long as short
BloFin INJ-USDT+0.0220%8h7.8740+0.028%$1.8M$7.7M75xas long as short
BingX INJ-USDT+0.0271%8h7.8720+0.002%$21.5Mas long as short
MEXC INJ_USDT+0.0285%8h7.8750+0.041%$31.9M$22.7M300xas long as short
GMX INJ/USD [WBTC.b-USDC]L +0.0356% / S −0.0418%1h7.8716−0.003%$47K100xas long as short
Hyperliquid INJ+0.0556%1h7.8830+0.142%$26.6M$9.6M5xas long as short
Coinbase International INJ-PERP-INTXshort+0.0632%1h7.8880+0.206%$386K$722K50x
Injective INJ/USDC PERP+0.1298%1h7.9180+0.587%$324K$12.1M30xas long as short