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: ApeX Omni against BloFin−0.157%7-day average +0.081% · you buy dearer than you sell
Net, funding: paid 7d − costs−$66as in the Funding arb table
Net, price: spread back to 7d avg − costs−$71as in the Price arb table
costs, in and out, $10k−$470.471% 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)0.000%$0 · spread now −0.157%, 7d avg +0.081%
Together, before fees−0.189%−$19 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and ApeX Omni is 0.237% cheaper against BloFin than usual: you would sell low and buy high (−$24 if the spread goes back to its 7-day average of +0.081%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin INJ-USDT7.66500.0220pay 0.0220% / 8h1h 14m$1.6M$5.7M75x
ShortApeX Omni INJUSDT7.65300.0100get 0.0013% / 1h14m 59s$46K$268K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against BloFin. 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: −0.157% → +0.081%
−$23.73
Slippage, 4 orders
−$25.1
Fee BloFin: 6 bp × 2 orders
−$12
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$96.03
Costs to cover
0.471%
Break-even
never at this rate
Slippage from BloFin: live order book, 9 min ago; ApeX Omni: live order book, 27 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 BloFin live order book, 9 min ago0.65 bp9.7 bp −$1028.8 bp −$288doesn't fitdoesn't fit
Sell ApeX Omni live order book, 27 min ago5.87 bp12.0 bp −$1290.8 bp −$908doesn'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%1h7.6562−0.115%20xas long as short
gTrade (Gains Network) INJ/USDL +0.0007% / S −0.0017%1h7.6573−0.101%$19K150xas long as short
dYdX INJ-USD+0.0023%1h7.6557−0.121%$79K$17K5xas long as short
Kraken Futures PF_INJUSD+0.0054%1h7.6639−0.015%$780K$3.5M50xas long as short
Aevo INJ-PERP+0.0096%1h7.6610−0.052%$69K3xas long as short
Orderly PERP_INJ_USDC+0.0100%8h7.6600−0.065%$34K$94K10xas long as short
Aster INJUSDT+0.0100%8h7.6634−0.021%$138K$427K20xas long as short
Binance INJUSDT+0.0100%8h7.6630−0.026%$33.8M$97.7M75xas long as short
Bybit INJUSDT+0.0100%8h7.6580−0.091%$21.1M$31.5M50xas long as short
OKX INJ-USDT-SWAP+0.0100%8h7.6570−0.104%$6.2M$19.1M50xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate INJ_USDT+0.0100%8h7.6590−0.078%$2.6M$5.3M50xas long as short
KuCoin INJUSDTM+0.0100%8h7.6600−0.065%$8.5M$18.4M50xas long as short
Bitget INJUSDT+0.0100%8h7.6550−0.130%$14.1M$10.5M75xas long as short
Variational Omni INJ+0.0100%8h7.6562−0.115%$272K$150Kas long as short
ApeX Omni INJUSDTshort+0.0100%1h7.6530−0.157%$46K$268K50x
Extended INJ-USD+0.0104%1h7.6592−0.076%$114K$560K10xas long as short
BloFin INJ-USDTlong+0.0220%8h7.6650long leg$1.6M$5.7M75x
BingX INJ-USDT+0.0248%8h7.6600−0.065%$21.3Mas long as short
MEXC INJ_USDT+0.0261%8h7.6620−0.039%$29.9M$20.1M300xas long as short
GMX INJ/USD [WBTC.b-USDC]L +0.0268% / S −0.0198%1h7.6560−0.117%$29K100xas long as short
Hyperliquid INJ+0.0359%1h7.6707+0.075%$25.8M$8.6M5xas long as short
Deribit INJ_USDC-PERPETUAL+0.0455%1h7.6636−0.018%$7K$25K25xas long as short
Coinbase International INJ-PERP-INTX+0.0464%1h7.6800+0.196%$383K$673K50xas long as short
Injective INJ/USDC PERP+0.1179%1h7.6940+0.378%$321K$12.1M30xas long as short