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

INJ

all INJ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0640%/8h= +70.1% APRnext payment +$0.80 per $10,000 · paid last 24h +0.174%
Price spread now: Coinbase International against Deribit+0.833%7-day average · you sell dearer than you buy
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 for this trade now. Funding pays +$19 a day on $10k at the current rate, and Coinbase International is 0.833% dearer against Deribit than usual: you sell high and buy low: +$83 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDeribit INJ_USDC-PERPETUAL7.77130get 0.0000% / 1h8m 06s$6K$24K25x
ShortCoinbase International INJ-PERP-INTX7.83600.0640get 0.0080% / 1h8m 06s$385K$578K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International against Deribit. 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
$134.4
Price spread: +0.833% → 0.000%
$83.26
Slippage, 4 orders
no order book: not counted
Fee Deribit: 3.5 bp × 2 orders
−$7
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
$200.66
Costs to cover
0.170%
Break-even
from the start
Slippage unknown: Deribit: no order-book sample; Coinbase International: live order book, 55 min ago. 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 Deribit no order-book sample
Sell Coinbase International live order book, 55 min ago11.53 bp29.1 bp −$2965.3 bp −$653doesn't fitdoesn't fit
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%1h7.7696−0.022%20xas long as short
Deribit INJ_USDC-PERPETUALlong0.0000%1h7.7713long leg$6K$24K25x
dYdX INJ-USD+0.0003%1h7.7785+0.092%$80K$17K5xas long as short
gTrade (Gains Network) INJ/USDL +0.0006% / S −0.0002%1h7.7710−0.004%$3K150xas long as short
Aevo INJ-PERP+0.0096%1h7.7685−0.036%$70K3xas long as short
Aster INJUSDT+0.0100%8h7.7749+0.047%$149K$413K20xas long as short
Binance INJUSDT+0.0100%8h7.7640−0.094%$35.2M$89.9M75xas long as short
Bybit INJUSDT+0.0100%8h7.7610−0.133%$22.0M$30.3M50xas long as short
OKX INJ-USDT-SWAP+0.0100%8h7.7610−0.133%$6.3M$18.4M50xas long as short
Gate INJ_USDT+0.0100%8h7.7670−0.055%$2.7M$5.0M50xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin INJUSDTM+0.0100%8h7.7700−0.017%$9.5M$16.4M50xas long as short
Bitget INJUSDT+0.0100%8h7.7610−0.133%$14.2M$9.7M75xas long as short
Variational Omni INJ+0.0100%8h7.7980+0.343%$274K$149Kas long as short
ApeX Omni INJUSDT+0.0100%1h7.8190+0.614%$47K$271K50xas long as short
Orderly PERP_INJ_USDC+0.0100%8h7.7710−0.004%$34K$92K10xas long as short
Extended INJ-USD+0.0104%1h7.7710−0.004%$117K$367K10xas long as short
BloFin INJ-USDT+0.0220%8h7.7860+0.189%$1.7M$6.3M75xas long as short
GMX INJ/USD [WBTC.b-USDC]L +0.0269% / S −0.0198%1h7.7704−0.011%$29K100xas long as short
BingX INJ-USDT+0.0271%8h7.7690−0.030%$21.0Mas long as short
MEXC INJ_USDT+0.0285%8h7.7660−0.068%$31.9M$21.0M300xas long as short
Hyperliquid INJ+0.0335%1h7.7775+0.080%$26.2M$8.6M5xas long as short
Kraken Futures PF_INJUSD+0.0440%1h7.7742+0.037%$859K$3.0M50xas long as short
Coinbase International INJ-PERP-INTXshort+0.0640%1h7.8360+0.833%$385K$578K50x
Injective INJ/USDC PERP+0.1331%1h7.8200+0.627%$326K$12.1M30xas long as short