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

INJ

all INJ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.005%
Price spread now: Gate against Bybit−0.039%7-day average +0.018% · you buy dearer than you sell
Net, funding: paid 7d − costs−$57as in the Funding arb table
Net, price: spread back to 7d avg − costs−$63as in the Price arb table
costs, in and out, $10k−$570.572% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.001%$0 on $10k
Price spread, last 7 days+0.071%+$7 · spread now −0.039%, 7d avg +0.018%
Together, before fees+0.070%+$7 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: Gate is 0.057% cheaper against Bybit than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of +0.018%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit INJUSDT7.69500.0100pay 0.0100% / 8h4h 49m$21.0M$29.2M50x
ShortGate INJ_USDT7.69200.0100get 0.0100% / 8h4h 49m$2.7M$5.2M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against Bybit. 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: −0.039% → +0.018%
−$5.66
Slippage, 4 orders
−$31.17
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$62.84
Costs to cover
0.572%
Break-even
never at this rate
Slippage from Bybit: live order book, 2 min ago; Gate: live order book, 2 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 Bybit live order book, 2 min ago0.65 bp11.9 bp −$1239.3 bp −$393130.8 bp −$13.1Kdoesn't fit
Sell Gate live order book, 2 min ago5.20 bp19.2 bp −$1953.0 bp −$530doesn't fitdoesn't fit

INJ on 24 exchanges

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%1h7.6929−0.027%20xas long as short
gTrade (Gains Network) INJ/USDL +0.0008% / S −0.0024%1h7.6846−0.135%$18K150xas long as short
dYdX INJ-USD+0.0027%1h7.7024+0.096%$79K$14K5xas long as short
Aevo INJ-PERP+0.0096%1h7.7060+0.143%$70K3xas long as short
Orderly PERP_INJ_USDC+0.0100%8h7.7080+0.169%$34K$72K10xas long as short
Aster INJUSDT+0.0100%8h7.6953+0.004%$145K$283K20xas long as short
Binance INJUSDT+0.0100%8h7.6952+0.003%$34.2M$94.4M75xas long as short
Bybit INJUSDTlong+0.0100%8h7.6950long leg$21.0M$29.2M50x
OKX INJ-USDT-SWAP+0.0100%8h7.6970+0.026%$5.8M$20.6M50xas long as short
Gate INJ_USDTshort+0.0100%8h7.6920−0.039%$2.7M$5.2M50x
Show all 24 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin INJUSDTM+0.0100%8h7.6880−0.091%$8.5M$17.7M50xas long as short
Bitget INJUSDT+0.0100%8h7.6920−0.039%$14.2M$10.7M75xas long as short
Variational Omni INJ+0.0100%8h7.6905−0.059%$275K$98Kas long as short
ApeX Omni INJUSDT+0.0100%1h7.6960+0.013%$46K$263K50xas long as short
Extended INJ-USD+0.0104%1h7.6994+0.057%$118K$742K10xas long as short
Deribit INJ_USDC-PERPETUAL+0.0204%1h7.7099+0.194%$5K$10K25xas long as short
BloFin INJ-USDT+0.0220%8h7.6960+0.013%$1.6M$5.2M75xas long as short
BingX INJ-USDT+0.0248%8h7.6870−0.104%$21.4Mas long as short
MEXC INJ_USDT+0.0261%8h7.6980+0.039%$29.9M$19.2M300xas long as short
Hyperliquid INJ+0.0405%1h7.7081+0.170%$25.9M$7.7M5xas long as short
GMX INJ/USD [WBTC.b-USDC]L +0.0433% / S −0.0611%1h7.6858−0.120%$60K100xas long as short
Kraken Futures PF_INJUSD+0.0546%1h7.7109+0.206%$897K$3.4M50xas long as short
Coinbase International INJ-PERP-INTX+0.0720%1h7.7160+0.273%$388K$644K50xas long as short
Injective INJ/USDC PERP+0.1353%1h7.7340+0.507%$317K$13.1M30xas long as short