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

INJ

all INJ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.025%
Price spread now: dYdX against Binance−0.258%7-day average · you buy dearer than you sell
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−0.099%−$10 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and dYdX is 0.258% cheaper against Binance than usual: you would sell low and buy high (−$26 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance INJUSDT7.61950.0100pay 0.0100% / 8h3h 20m$33.3M$96.3M75x
ShortdYdX INJ-USD7.59980get 0.0000% / 1h20m 16s$79K$17K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

dYdX 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
−$21
Price spread: −0.258% → 0.000%
−$25.77
Slippage, 4 orders
no order book: not counted
Fee Binance: 5 bp × 2 orders
−$10
Fee dYdX: 5 bp × 2 orders
−$10
Net
−$66.77
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: Binance: live order book, 7 min ago; dYdX: 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 Binance live order book, 7 min ago0.66 bp9.7 bp −$1023.6 bp −$236123.7 bp −$12.4Kdoesn't fit
Sell dYdX no order-book sample
dYdX: 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
Kraken Futures PF_INJUSD−0.0232%1h7.6198+0.005%$778K$3.4M50xas long as short
Reya INJRUSDPERP−0.0200%1h7.5983−0.278%20xas long as short
dYdX INJ-USDshort0.0000%1h7.5998−0.258%$79K$17K5x
Deribit INJ_USDC-PERPETUAL0.0000%1h7.6185−0.013%$6K$24K25xas long as short
gTrade (Gains Network) INJ/USDL +0.0007% / S −0.0035%1h7.6181−0.018%$16K150xas long as short
Aevo INJ-PERP+0.0096%1h7.6025−0.222%$69K3xas long as short
Orderly PERP_INJ_USDC+0.0100%8h7.6180−0.019%$34K$94K10xas long as short
Hyperliquid INJ+0.0100%1h7.6073−0.160%$25.7M$8.7M5xas long as short
Aster INJUSDT+0.0100%8h7.6163−0.042%$140K$418K20xas long as short
Binance INJUSDTlong+0.0100%8h7.6195long leg$33.3M$96.3M75x
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit INJUSDT+0.0100%8h7.6205+0.014%$21.2M$31.8M50xas long as short
OKX INJ-USDT-SWAP+0.0100%8h7.6170−0.032%$6.2M$18.6M50xas long as short
Gate INJ_USDT+0.0100%8h7.6160−0.045%$2.7M$5.2M50xas long as short
KuCoin INJUSDTM+0.0100%8h7.5940−0.334%$9.4M$17.7M50xas long as short
Bitget INJUSDT+0.0100%8h7.6130−0.085%$13.9M$10.2M75xas long as short
Variational Omni INJ+0.0100%8h7.5942−0.332%$267K$144Kas long as short
ApeX Omni INJUSDT+0.0100%1h7.5900−0.387%$46K$271K50xas long as short
Extended INJ-USD+0.0104%1h7.6141−0.070%$113K$357K10xas long as short
BloFin INJ-USDT+0.0220%8h7.5920−0.360%$1.6M$5.8M75xas long as short
BingX INJ-USDT+0.0248%8h7.6160−0.045%$20.9Mas long as short
MEXC INJ_USDT+0.0261%8h7.6210+0.020%$30.0M$21.5M300xas long as short
GMX INJ/USD [WBTC.b-USDC]L +0.0267% / S −0.0198%1h7.6182−0.016%$29K100xas long as short
Coinbase International INJ-PERP-INTX+0.0552%1h7.6100−0.124%$368K$617K50xas long as short
Injective INJ/USDC PERP+0.1172%1h7.6140−0.072%$317K$12.1M30xas long as short