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+0.0161%/8h= +17.6% APRnext payment +$1.61 per $10,000 · paid last 24h +0.070%
Price spread now: MEXC against Bybit+0.030%7-day average +0.029% · you sell dearer than you buy
Net, funding: paid 7d − costs−$9as in the Funding arb table
Net, price: spread back to 7d avg − costs−$37as in the Price arb table
costs, in and out, $10k−$370.369% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.275%+$28 on $10k
Price spread, last 7 days−0.039%−$4 · spread now +0.030%, 7d avg +0.029%
Together, before fees+0.236%+$24 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.029%, so right now this pair is about funding alone: +$5 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit INJUSDT7.60670.0100pay 0.0100% / 8h3h 48m$21.1M$32.3M50x
ShortMEXC INJ_USDT7.60900.0261get 0.0261% / 8h3h 48m$30.1M$21.3M300x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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
$33.81
Price spread: +0.030% → +0.029%
$0.17
Slippage, 4 orders
−$25.87
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee MEXC: 0 bp × 2 orders
$0
Net
−$2.89
Costs to cover
0.369%
Break-even
7.6 days
Slippage from Bybit: live order book, 1 min ago; MEXC: live order book, 1 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, 1 min ago0.66 bp15.6 bp −$1644.3 bp −$443194.9 bp −$19.5Kdoesn't fit
Sell MEXC live order book, 1 min ago1.31 bp3.4 bp −$314.2 bp −$14265.2 bp −$6,519123.6 bp −$61.8K

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−0.0233%1h7.6084+0.022%$802K$3.5M50xas long as short
Reya INJRUSDPERP−0.0200%1h7.6073+0.007%20xas long as short
dYdX INJ-USD0.0000%1h7.6102+0.046%$79K$17K5xas long as short
Deribit INJ_USDC-PERPETUAL0.0000%1h7.6097+0.039%$6K$24K25xas long as short
gTrade (Gains Network) INJ/USDL +0.0006% / S −0.0002%1h7.6121+0.071%$3K150xas long as short
Aevo INJ-PERP+0.0096%1h7.6075+0.011%$69K3xas long as short
Hyperliquid INJ+0.0100%1h7.6127+0.079%$25.7M$8.8M5xas long as short
Aster INJUSDT+0.0100%8h7.6110+0.057%$140K$420K20xas long as short
Binance INJUSDT+0.0100%8h7.6104+0.049%$33.2M$97.6M75xas long as short
Bybit INJUSDTlong+0.0100%8h7.6067long leg$21.1M$32.3M50x
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX INJ-USDT-SWAP+0.0100%8h7.6080+0.017%$6.2M$19.3M50xas long as short
Gate INJ_USDT+0.0100%8h7.6060−0.009%$2.7M$5.2M50xas long as short
KuCoin INJUSDTM+0.0100%8h7.6060−0.009%$9.4M$17.6M50xas long as short
Bitget INJUSDT+0.0100%8h7.6040−0.035%$14.0M$10.3M75xas long as short
Variational Omni INJ+0.0100%8h7.6002−0.086%$267K$151Kas long as short
ApeX Omni INJUSDT+0.0100%1h7.6010−0.075%$46K$271K50xas long as short
Orderly PERP_INJ_USDC+0.0100%8h7.6100+0.043%$34K$94K10xas long as short
Extended INJ-USD+0.0104%1h7.6078+0.014%$113K$359K10xas long as short
BloFin INJ-USDT+0.0220%8h7.5960−0.141%$1.6M$5.9M75xas long as short
BingX INJ-USDT+0.0248%8h7.6060−0.009%$21.2Mas long as short
MEXC INJ_USDTshort+0.0261%8h7.6090+0.030%$30.1M$21.3M300x
GMX INJ/USD [WBTC.b-USDC]L +0.0267% / S −0.0198%1h7.6074+0.010%$29K100xas long as short
Coinbase International INJ-PERP-INTX+0.0552%1h7.6210+0.188%$369K$622K50xas long as short
Injective INJ/USDC PERP+0.1172%1h7.6210+0.188%$318K$12.1M30xas long as short