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−0.0018%/8h= −2.0% APRpaid last 24h −0.087%
Price spread now: Deribit against BloFin−0.066%57s7-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 5 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 against this trade now: funding costs −$1 a day on $10k at the current rate, and Deribit is 0.066% cheaper against BloFin than usual: you would sell low and buy high (−$7 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 57 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin INJ-USDT7.74800.0220pay 0.0220% / 8h51m 55s$1.7M$5.8M75x
ShortDeribit INJ_USDC-PERPETUAL7.74290.0202get 0.0025% / 1h51m 55s$7K$25K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Deribit 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
−$3.78
Price spread: −0.066% → 0.000%
−$6.58
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee Deribit: 3.5 bp × 2 orders
−$7
Net
−$29.36
Costs to cover
0.190%
Break-even
never at this rate
Slippage unknown: BloFin: live order book, 2 min ago; Deribit: 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 BloFin live order book, 2 min ago5.16 bp13.9 bp −$1436.1 bp −$361doesn't fitdoesn't fit
Sell Deribit no order-book sample
Deribit: 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%1h7.7435−0.059%20xas long as short
dYdX INJ-USD0.0000%1h7.7302−0.229%$80K$17K5xas long as short
gTrade (Gains Network) INJ/USDL +0.0007% / S −0.0029%1h7.7381−0.127%$17K150xas long as short
Aevo INJ-PERP+0.0096%1h7.7411−0.089%$70K3xas long as short
Orderly PERP_INJ_USDC+0.0100%8h7.7390−0.116%$34K$83K10xas long as short
Aster INJUSDT+0.0100%8h7.7461−0.025%$143K$435K20xas long as short
Binance INJUSDT+0.0100%8h7.7439−0.053%$34.6M$102.2M75xas long as short
Bybit INJUSDT+0.0100%8h7.7390−0.116%$21.7M$32.9M50xas long as short
OKX INJ-USDT-SWAP+0.0100%8h7.7390−0.116%$6.2M$20.3M50xas long as short
Gate INJ_USDT+0.0100%8h7.7440−0.052%$2.8M$5.6M50xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin INJUSDTM+0.0100%8h7.7410−0.090%$8.6M$18.6M50xas long as short
Bitget INJUSDT+0.0100%8h7.7380−0.129%$14.1M$11.7M75xas long as short
Variational Omni INJ+0.0100%8h7.7421−0.077%$275K$150Kas long as short
ApeX Omni INJUSDT+0.0100%1h7.6800−0.878%$46K$267K50xas long as short
Extended INJ-USD+0.0104%1h7.7390−0.116%$115K$572K10xas long as short
Deribit INJ_USDC-PERPETUALshort+0.0202%1h7.7429−0.066%$7K$25K25x
Hyperliquid INJ+0.0217%1h7.7514+0.044%$26.0M$8.8M5xas long as short
BloFin INJ-USDTlong+0.0220%8h7.7480long leg$1.7M$5.8M75x
BingX INJ-USDT+0.0248%8h7.7410−0.090%$21.4Mas long as short
MEXC INJ_USDT+0.0261%8h7.7450−0.039%$31.4M$20.5M300xas long as short
GMX INJ/USD [WBTC.b-USDC]L +0.0326% / S −0.0344%1h7.7386−0.121%$40K100xas long as short
Kraken Futures PF_INJUSD+0.0563%1h7.7458−0.029%$814K$3.6M50xas long as short
Coinbase International INJ-PERP-INTX+0.0608%1h7.7640+0.207%$388K$713K50xas long as short
Injective INJ/USDC PERP+0.1548%1h7.8830+1.742%$315K$12.1M30xas long as short