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

INJ

all INJ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0171%/8h= −18.7% APRnext payment $1.71 per $10,000 · paid last 24h −0.058%
Price spread now: Gate against BingX−0.052%7-day average +0.006% · you buy dearer than you sell
Net, funding: paid 7d − costs−$76as in the Funding arb table
Net, price: spread back to 7d avg − costs−$59as in the Price arb table
costs, in and out, $10k−$530.530% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.229%−$23 on $10k
Price spread, last 7 days+0.077%+$8 · spread now −0.052%, 7d avg +0.006%
Together, before fees−0.151%−$15 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Gate is 0.058% cheaper against BingX than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of +0.006%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX INJ-USDT7.62000.0271pay 0.0271% / 8h4h 43m$21.2M
ShortGate INJ_USDT7.61600.0100get 0.0100% / 8h4h 43m$2.7M$5.0M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against BingX. 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
−$35.91
Price spread: −0.052% → +0.006%
−$5.83
Slippage, 4 orders
−$28
Fee BingX: 5 bp × 2 orders
−$10
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$94.73
Costs to cover
0.530%
Break-even
never at this rate
Slippage from BingX: live order book, 10 min ago; Gate: live order book, 5 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 BingX live order book, 10 min ago0.64 bp8.5 bp −$912.7 bp −$12716.9 bp −$1,69274.4 bp −$37.2K
Sell Gate live order book, 5 min ago3.24 bp20.4 bp −$2067.5 bp −$675doesn'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
Deribit INJ_USDC-PERPETUAL−0.0878%1h7.6184−0.021%$6K$24K25xas long as short
Reya INJRUSDPERP−0.0200%1h7.6139−0.080%20xas long as short
dYdX INJ-USD0.0000%1h7.6146−0.070%$79K$17K5xas long as short
gTrade (Gains Network) INJ/USDL +0.0006% / S −0.0002%1h7.6220+0.026%$3K150xas long as short
Aevo INJ-PERP+0.0096%1h7.6162−0.050%$69K3xas long as short
Aster INJUSDT+0.0100%8h7.6178−0.029%$146K$420K20xas long as short
Binance INJUSDT+0.0100%8h7.6170−0.039%$34.6M$93.6M75xas long as short
Bybit INJUSDT+0.0100%8h7.6203+0.004%$21.6M$30.9M50xas long as short
OKX INJ-USDT-SWAP+0.0100%8h7.6090−0.144%$6.1M$18.7M50xas long as short
Gate INJ_USDTshort+0.0100%8h7.6160−0.052%$2.7M$5.0M50x
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin INJUSDTM+0.0100%8h7.6110−0.118%$9.5M$16.6M50xas long as short
Bitget INJUSDT+0.0100%8h7.6170−0.039%$14.2M$10.3M75xas long as short
Variational Omni INJ+0.0100%8h7.7161+1.261%$271K$149Kas long as short
ApeX Omni INJUSDT+0.0100%1h7.6990+1.037%$46K$271K50xas long as short
Orderly PERP_INJ_USDC+0.0100%8h7.6150−0.066%$34K$92K10xas long as short
Extended INJ-USD+0.0104%1h7.6138−0.081%$114K$367K10xas long as short
Hyperliquid INJ+0.0183%1h7.6239+0.051%$25.7M$8.8M5xas long as short
BloFin INJ-USDT+0.0220%8h7.6090−0.144%$1.7M$5.8M75xas long as short
GMX INJ/USD [WBTC.b-USDC]L +0.0268% / S −0.0198%1h7.6254+0.071%$29K100xas long as short
BingX INJ-USDTlong+0.0271%8h7.6200long leg$21.2M
MEXC INJ_USDT+0.0285%8h7.6160−0.052%$32.4M$21.0M300xas long as short
Kraken Futures PF_INJUSD+0.0323%1h7.6236+0.047%$961K$3.2M50xas long as short
Coinbase International INJ-PERP-INTX+0.0688%1h7.6310+0.144%$377K$594K50xas long as short
Injective INJ/USDC PERP+0.1333%1h7.6320+0.157%$318K$12.1M30xas long as short