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+0.0098%/8h= +10.7% APRnext payment +$0.12 per $10,000 · paid last 24h +0.074%
Price spread now: GMX against ApeX Omni+0.020%52s7-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 3 days (all we have)no history yet
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 +$3 a day on $10k at the current rate, and GMX is 0.020% dearer against ApeX Omni than usual: you sell high and buy low: +$2 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni INJUSDT7.63100.0100pay 0.0013% / 1h27m 19s$46K$269K50x
ShortGMX INJ/USD [WBTC.b-USDC]7.6325L +0.0268% / S −0.0198%get 0.0025% / 1h27m 19s$29K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX 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
$20.54
Price spread: +0.020% → 0.000%
$2.01
Slippage, 4 orders
no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee GMX: 6 bp × 2 orders
−$12
Net
$0.55
Costs to cover
0.220%
Break-even
6.8 days
Slippage unknown: ApeX Omni: live order book, 15 min ago; GMX: no order-book sample. 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 ApeX Omni live order book, 15 min ago5.87 bp12.0 bp −$12109.6 bp −$1,096doesn't fitdoesn't fit
Sell GMX no order-book sample
GMX: 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%1h7.6278−0.042%20xas long as short
gTrade (Gains Network) INJ/USDL +0.0007% / S −0.0017%1h7.6318+0.011%$18K150xas long as short
dYdX INJ-USD+0.0017%1h7.6372+0.081%$79K$17K5xas long as short
Kraken Futures PF_INJUSD+0.0054%1h7.6431+0.158%$778K$3.5M50xas long as short
Aevo INJ-PERP+0.0096%1h7.6396+0.113%$69K3xas long as short
Orderly PERP_INJ_USDC+0.0100%8h7.6390+0.105%$34K$94K10xas long as short
Aster INJUSDT+0.0100%8h7.6386+0.100%$139K$421K20xas long as short
Binance INJUSDT+0.0100%8h7.6420+0.144%$33.7M$97.7M75xas long as short
Bybit INJUSDT+0.0100%8h7.6370+0.079%$21.1M$31.5M50xas long as short
OKX INJ-USDT-SWAP+0.0100%8h7.6410+0.131%$6.2M$19.1M50xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate INJ_USDT+0.0100%8h7.6370+0.079%$2.6M$5.3M50xas long as short
KuCoin INJUSDTM+0.0100%8h7.6380+0.092%$8.5M$18.3M50xas long as short
Bitget INJUSDT+0.0100%8h7.6350+0.052%$14.1M$10.5M75xas long as short
Variational Omni INJ+0.0100%8h7.6292−0.024%$271K$150Kas long as short
ApeX Omni INJUSDTlong+0.0100%1h7.6310long leg$46K$269K50x
Extended INJ-USD+0.0104%1h7.6401+0.119%$113K$565K10xas long as short
BloFin INJ-USDT+0.0220%8h7.6350+0.052%$1.6M$5.7M75xas long as short
BingX INJ-USDT+0.0248%8h7.6380+0.092%$21.3Mas long as short
MEXC INJ_USDT+0.0261%8h7.6430+0.157%$29.8M$20.1M300xas long as short
GMX INJ/USD [WBTC.b-USDC]shortL +0.0268% / S −0.0198%1h7.6325+0.020%$29K100x
Hyperliquid INJ+0.0268%1h7.6483+0.227%$25.7M$8.6M5xas long as short
Deribit INJ_USDC-PERPETUAL+0.0365%1h7.6415+0.138%$7K$25K25xas long as short
Coinbase International INJ-PERP-INTX+0.0464%1h7.6830+0.681%$383K$674K50xas long as short
Injective INJ/USDC PERP+0.1179%1h7.6770+0.603%$320K$12.1M30xas long as short