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+0.0120%/8h= +13.1% APRpaid last 24h +0.048%
Price spread now: BloFin against ApeX Omni+0.065%7-day average −0.081% · you sell dearer than you buy
Net, funding: paid 7d − costs−$32as in the Funding arb table
Net, price: spread back to 7d avg − costs−$36as in the Price arb table
costs, in and out, $10k−$510.509% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.189%+$19 on $10k
Price spread, last 4 days (all we have)+0.091%+$9 · spread now +0.065%, 7d avg −0.081%
Together, before fees+0.280%+$28 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and BloFin is 0.146% dearer against ApeX Omni than usual: you sell high and buy low: +$15 more if the spread goes back to its 7-day average of −0.081%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni INJUSDT7.64400.0100pay 0.0013% / 1h22m 19s$46K$269K50x
ShortBloFin INJ-USDT7.64900.0220get 0.0220% / 8h1h 22m$1.6M$5.7M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
$25.2
Price spread: +0.065% → −0.081%
$14.62
Slippage, 4 orders
−$28.92
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$11.1
Costs to cover
0.509%
Break-even
10.1 days
Slippage from ApeX Omni: live order book, 20 min ago; BloFin: live order book, 6 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, 20 min ago5.87 bp12.0 bp −$12109.6 bp −$1,096doesn't fitdoesn't fit
Sell BloFin live order book, 6 min ago1.97 bp11.6 bp −$1226.7 bp −$267163.8 bp −$16.4Kdoesn'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%1h7.6375−0.084%20xas long as short
gTrade (Gains Network) INJ/USDL +0.0007% / S −0.0017%1h7.6442+0.003%$18K150xas long as short
dYdX INJ-USD+0.0015%1h7.6421−0.025%$79K$17K5xas long as short
Kraken Futures PF_INJUSD+0.0054%1h7.6452+0.016%$778K$3.5M50xas long as short
Aevo INJ-PERP+0.0096%1h7.6393−0.061%$69K3xas long as short
Orderly PERP_INJ_USDC+0.0100%8h7.6380−0.078%$34K$94K10xas long as short
Aster INJUSDT+0.0100%8h7.6422−0.024%$139K$427K20xas long as short
Binance INJUSDT+0.0100%8h7.6422−0.024%$33.7M$97.7M75xas long as short
Bybit INJUSDT+0.0100%8h7.6380−0.078%$21.1M$31.5M50xas long as short
OKX INJ-USDT-SWAP+0.0100%8h7.6400−0.052%$6.2M$19.1M50xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate INJ_USDT+0.0100%8h7.6390−0.065%$2.7M$5.3M50xas long as short
KuCoin INJUSDTM+0.0100%8h7.6400−0.052%$8.5M$18.3M50xas long as short
Bitget INJUSDT+0.0100%8h7.6380−0.078%$14.0M$10.5M75xas long as short
Variational Omni INJ+0.0100%8h7.6602+0.211%$272K$150Kas long as short
ApeX Omni INJUSDTlong+0.0100%1h7.6440long leg$46K$269K50x
Extended INJ-USD+0.0104%1h7.6402−0.050%$114K$560K10xas long as short
BloFin INJ-USDTshort+0.0220%8h7.6490+0.065%$1.6M$5.7M75x
BingX INJ-USDT+0.0248%8h7.6400−0.052%$21.3Mas long as short
MEXC INJ_USDT+0.0261%8h7.6410−0.039%$29.9M$20.1M300xas long as short
GMX INJ/USD [WBTC.b-USDC]L +0.0268% / S −0.0198%1h7.6419−0.027%$29K100xas long as short
Hyperliquid INJ+0.0307%1h7.6487+0.061%$25.7M$8.6M5xas long as short
Deribit INJ_USDC-PERPETUAL+0.0365%1h7.64400.000%$7K$25K25xas long as short
Coinbase International INJ-PERP-INTX+0.0464%1h7.6800+0.471%$383K$674K50xas long as short
Injective INJ/USDC PERP+0.1179%1h7.6880+0.576%$321K$12.1M30xas long as short