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

INJ

all INJ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.012%
Price spread now: ApeX Omni against Binance+0.176%69s7-day average +0.032% · you sell dearer than you buy
Net, funding: paid 7d − costs−$37as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$420.417% 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)−0.059%−$6 · spread now +0.176%, 7d avg +0.032%
Together, before fees−0.009%−$1 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: ApeX Omni is 0.144% dearer against Binance than usual: you sell high and buy low, +$14 on $10k if it goes back to its 7-day average of +0.032%. The two prices were read 69 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance INJUSDT7.70140.0100pay 0.0100% / 8h12m 14s$34.0M$103.2M75x
ShortApeX Omni INJUSDT7.71500.0100get 0.0013% / 1h12m 14s$46K$266K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Binance. 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: +0.176% → +0.032%
$14.41
Slippage, 4 orders
−$21.66
Fee Binance: 5 bp × 2 orders
−$10
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$27.25
Costs to cover
0.417%
Break-even
never at this rate
Slippage from Binance: live order book, 1 min ago; ApeX Omni: live order book, 25 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 Binance live order book, 1 min ago0.65 bp6.7 bp −$720.9 bp −$209159.6 bp −$16.0Kdoesn't fit
Sell ApeX Omni live order book, 25 min ago7.13 bp12.7 bp −$13109.8 bp −$1,098doesn't fitdoesn'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%1h7.6950−0.084%20xas long as short
dYdX INJ-USD0.0000%1h7.7044+0.039%$80K$17K5xas long as short
gTrade (Gains Network) INJ/USDL +0.0007% / S −0.0029%1h7.6974−0.052%$17K150xas long as short
Aevo INJ-PERP+0.0096%1h7.7005−0.012%$70K3xas long as short
Orderly PERP_INJ_USDC+0.0100%8h7.7020+0.008%$34K$83K10xas long as short
Aster INJUSDT+0.0100%8h7.6996−0.024%$148K$447K20xas long as short
Binance INJUSDTlong+0.0100%8h7.7014long leg$34.0M$103.2M75x
Bybit INJUSDT+0.0100%8h7.6991−0.030%$21.3M$32.6M50xas long as short
OKX INJ-USDT-SWAP+0.0100%8h7.7020+0.008%$6.1M$20.6M50xas long as short
Gate INJ_USDT+0.0100%8h7.6980−0.044%$2.7M$5.9M50xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin INJUSDTM+0.0100%8h7.6970−0.057%$8.6M$18.6M50xas long as short
Bitget INJUSDT+0.0100%8h7.6950−0.083%$14.1M$11.7M75xas long as short
Variational Omni INJ+0.0100%8h7.7018+0.005%$273K$144Kas long as short
ApeX Omni INJUSDTshort+0.0100%1h7.7150+0.176%$46K$266K50x
Extended INJ-USD+0.0104%1h7.7000−0.018%$115K$640K10xas long as short
BloFin INJ-USDT+0.0220%8h7.7090+0.099%$1.7M$5.8M75xas long as short
BingX INJ-USDT+0.0248%8h7.7000−0.018%$21.5Mas long as short
MEXC INJ_USDT+0.0261%8h7.7000−0.018%$30.6M$20.9M300xas long as short
Deribit INJ_USDC-PERPETUAL+0.0296%1h7.7035+0.027%$6K$26K25xas long as short
GMX INJ/USD [WBTC.b-USDC]L +0.0326% / S −0.0344%1h7.6971−0.056%$40K100xas long as short
Hyperliquid INJ+0.0478%1h7.7086+0.093%$25.9M$8.8M5xas long as short
Kraken Futures PF_INJUSD+0.0566%1h7.7084+0.091%$808K$3.6M50xas long as short
Coinbase International INJ-PERP-INTX+0.0608%1h7.7370+0.462%$389K$721K50xas long as short
Injective INJ/USDC PERP+0.1548%1h7.7430+0.540%$316K$12.5M30xas long as short