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

INJ

all INJ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0536%/8h= +58.7% APRnext payment +$0.67 per $10,000 · paid last 24h +0.114%
Price spread now: Coinbase International against Aevo+0.327%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 days+0.165%+$16 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$16 a day on $10k at the current rate, and Coinbase International is 0.327% dearer against Aevo than usual: you sell high and buy low: +$33 more if the spread goes back to zero (this spread has no 7-day history yet).
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.165% in total (about 8.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.67 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo INJ-PERP7.84140.0096pay 0.0012% / 1h29m 32s$71K3x
ShortCoinbase International INJ-PERP-INTX7.86700.0632get 0.0079% / 1h29m 32s$385K$657K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International against Aevo. 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
$112.56
Price spread: +0.327% → 0.000%
$32.69
Slippage, 4 orders
no order book: not counted
Fee Aevo: 8 bp × 2 orders
−$16
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
$119.25
Costs to cover
0.260%
Break-even
from the start
Slippage unknown: Aevo: no order-book sample; Coinbase International: live order book, 44 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 Aevo no order-book sample
Sell Coinbase International live order book, 44 min ago9.56 bp24.9 bp −$2563.3 bp −$633doesn't fitdoesn't fit
Aevo: 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%1h7.8406−0.010%20xas long as short
dYdX INJ-USD0.0000%1h7.8494+0.103%$91K$8K5xas long as short
Deribit INJ_USDC-PERPETUAL0.0000%1h7.8461+0.060%$6K$24K25xas long as short
gTrade (Gains Network) INJ/USDL +0.0006% / S −0.0002%1h7.8474+0.077%$3K150xas long as short
Bybit INJUSDT+0.0037%8h7.8460+0.059%$22.0M$31.4M50xas long as short
Variational Omni INJ+0.0085%8h7.8593+0.228%$280K$160Kas long as short
Aevo INJ-PERPlong+0.0096%1h7.8414long leg$71K3x
Orderly PERP_INJ_USDC+0.0100%8h7.8430+0.021%$38K$66K10xas long as short
Aster INJUSDT+0.0100%8h7.8480+0.085%$150K$443K20xas long as short
Binance INJUSDT+0.0100%8h7.8479+0.083%$35.8M$93.5M75xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX INJ-USDT-SWAP+0.0100%8h7.8480+0.085%$6.4M$19.7M50xas long as short
Gate INJ_USDT+0.0100%8h7.8480+0.085%$2.8M$4.9M50xas long as short
KuCoin INJUSDTM+0.0100%8h7.8450+0.046%$9.5M$16.6M50xas long as short
Bitget INJUSDT+0.0100%8h7.8470+0.072%$14.5M$10.2M75xas long as short
ApeX Omni INJUSDT+0.0100%1h7.8420+0.008%$48K$320K50xas long as short
Extended INJ-USD+0.0104%1h7.8477+0.081%$117K$715K10xas long as short
Kraken Futures PF_INJUSD+0.0194%1h7.8485+0.091%$887K$3.0M50xas long as short
BloFin INJ-USDT+0.0220%8h7.8680+0.340%$1.8M$7.7M75xas long as short
BingX INJ-USDT+0.0271%8h7.8490+0.097%$21.4Mas long as short
MEXC INJ_USDT+0.0285%8h7.8510+0.123%$31.9M$22.6M300xas long as short
GMX INJ/USD [WBTC.b-USDC]L +0.0356% / S −0.0418%1h7.8426+0.016%$47K100xas long as short
Hyperliquid INJ+0.0514%1h7.8543+0.165%$26.5M$9.1M5xas long as short
Coinbase International INJ-PERP-INTXshort+0.0632%1h7.8670+0.327%$385K$657K50x
Injective INJ/USDC PERP+0.1436%1h7.8850+0.556%$329K$12.1M30xas long as short