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

INJ

all INJ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.012%
Price spread now: Binance against ApeX Omni−0.220%7-day average −0.053% · 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−$65as in the Price arb table
costs, in and out, $10k−$480.480% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.049%−$5 on $10k
Price spread, last 4 days (all we have)+0.102%+$10 · spread now −0.220%, 7d avg −0.053%
Together, before fees+0.053%+$5 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: Binance is 0.167% cheaper against ApeX Omni than usual: you would sell low and buy high, −$17 on $10k if it goes back to its 7-day average of −0.053%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni INJUSDT7.73200.0100pay 0.0013% / 1h41m 34s$46K$313K50x
ShortBinance INJUSDT7.71500.0100get 0.0100% / 8h6h 41m$35.1M$92.4M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against ApeX Omni. 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: −0.220% → −0.053%
−$16.69
Slippage, 4 orders
−$28.04
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Binance: 5 bp × 2 orders
−$10
Net
−$64.73
Costs to cover
0.480%
Break-even
never at this rate
Slippage from ApeX Omni: live order book, 26 min ago; Binance: live order book, 1 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 ApeX Omni live order book, 26 min ago7.65 bp13.1 bp −$13128.6 bp −$1,286doesn't fitdoesn't fit
Sell Binance live order book, 1 min ago0.65 bp9.9 bp −$1025.4 bp −$25487.5 bp −$8,750doesn'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%1h7.7111−0.271%20xas long as short
Deribit INJ_USDC-PERPETUAL0.0000%1h7.7152−0.217%$6K$24K25xas long as short
gTrade (Gains Network) INJ/USDL +0.0006% / S −0.0002%1h7.7140−0.233%$3K150xas long as short
dYdX INJ-USD+0.0046%1h7.7103−0.281%$80K$17K5xas long as short
Aevo INJ-PERP+0.0096%1h7.7155−0.213%$70K3xas long as short
Aster INJUSDT+0.0100%8h7.7225−0.122%$147K$428K20xas long as short
Binance INJUSDTshort+0.0100%8h7.7150−0.220%$35.1M$92.4M75x
Bybit INJUSDT+0.0100%8h7.7130−0.246%$21.8M$31.2M50xas long as short
OKX INJ-USDT-SWAP+0.0100%8h7.7110−0.272%$6.3M$18.9M50xas long as short
Gate INJ_USDT+0.0100%8h7.7110−0.272%$2.7M$4.9M50xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin INJUSDTM+0.0100%8h7.7120−0.259%$9.2M$16.6M50xas long as short
Bitget INJUSDT+0.0100%8h7.7080−0.310%$14.1M$10.3M75xas long as short
Variational Omni INJ+0.0100%8h7.7218−0.132%$274K$158Kas long as short
ApeX Omni INJUSDTlong+0.0100%1h7.7320long leg$46K$313K50x
Orderly PERP_INJ_USDC+0.0100%8h7.7150−0.220%$37K$66K10xas long as short
Extended INJ-USD+0.0104%1h7.7111−0.270%$115K$363K10xas long as short
BloFin INJ-USDT+0.0220%8h7.7620+0.388%$1.8M$6.7M75xas long as short
BingX INJ-USDT+0.0271%8h7.7140−0.233%$21.4Mas long as short
GMX INJ/USD [WBTC.b-USDC]L +0.0273% / S −0.0211%1h7.7130−0.246%$30K100xas long as short
MEXC INJ_USDT+0.0285%8h7.7140−0.233%$31.0M$21.0M300xas long as short
Hyperliquid INJ+0.0365%1h7.7227−0.120%$26.0M$8.9M5xas long as short
Kraken Futures PF_INJUSD+0.0410%1h7.7202−0.153%$866K$3.0M50xas long as short
Coinbase International INJ-PERP-INTX+0.0624%1h7.8010+0.892%$381K$629K50xas long as short
Injective INJ/USDC PERP+0.1354%1h7.7670+0.453%$324K$12.1M30xas long as short