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

INJ

all INJ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC−0.0114%/8h= −12.5% APRpaid last 24h +0.039%
Price spread now: Gate against Deribit−0.056%7-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 −$3 a day on $10k at the current rate, and Gate is 0.056% cheaper against Deribit than usual: you would sell low and buy high (−$6 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDeribit INJ_USDC-PERPETUAL7.55020.0214pay 0.0027% / 1h35m 10s$6K$24K25x
ShortGate INJ_USDT7.54600.0100get 0.0100% / 8h2h 35m$2.6M$5.2M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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
−$23.94
Price spread: −0.056% → 0.000%
−$5.56
Slippage, 4 orders
no order book: not counted
Fee Deribit: 3.5 bp × 2 orders
−$7
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$51.5
Costs to cover
0.220%
Break-even
never at this rate
Slippage unknown: Deribit: no order-book sample; Gate: live order book, 3 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 Gate live order book, 3 min ago3.33 bp24.0 bp −$2456.7 bp −$567doesn'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
Kraken Futures PF_INJUSD−0.0214%1h7.5502−0.001%$769K$3.5M50xas long as short
Reya INJRUSDPERP−0.0200%1h7.5456−0.061%20xas long as short
dYdX INJ-USD0.0000%1h7.5448−0.072%$78K$17K5xas long as short
gTrade (Gains Network) INJ/USDL +0.0007% / S −0.0027%1h7.5473−0.039%$16K150xas long as short
Aevo INJ-PERP+0.0096%1h7.5455−0.062%$68K3xas long as short
Orderly PERP_INJ_USDC+0.0100%8h7.5480−0.029%$34K$94K10xas long as short
Hyperliquid INJ+0.0100%1h7.5447−0.073%$25.4M$8.7M5xas long as short
Aster INJUSDT+0.0100%8h7.5408−0.125%$138K$418K20xas long as short
Binance INJUSDT+0.0100%8h7.5398−0.137%$32.8M$97.2M75xas long as short
Bybit INJUSDT+0.0100%8h7.5315−0.248%$20.8M$31.5M50xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX INJ-USDT-SWAP+0.0100%8h7.5310−0.254%$6.1M$18.6M50xas long as short
Gate INJ_USDTshort+0.0100%8h7.5460−0.056%$2.6M$5.2M50x
KuCoin INJUSDTM+0.0100%8h7.5420−0.109%$8.5M$18.2M50xas long as short
Bitget INJUSDT+0.0100%8h7.5370−0.175%$13.8M$10.3M75xas long as short
Variational Omni INJ+0.0100%8h7.5223−0.369%$268K$149Kas long as short
ApeX Omni INJUSDT+0.0100%1h7.5260−0.321%$45K$270K50xas long as short
Extended INJ-USD+0.0104%1h7.5470−0.042%$112K$562K10xas long as short
Deribit INJ_USDC-PERPETUALlong+0.0214%1h7.5502long leg$6K$24K25x
BloFin INJ-USDT+0.0220%8h7.5500−0.003%$1.6M$5.6M75xas long as short
BingX INJ-USDT+0.0248%8h7.5420−0.109%$20.7Mas long as short
MEXC INJ_USDT+0.0261%8h7.5440−0.082%$29.9M$20.1M300xas long as short
GMX INJ/USD [WBTC.b-USDC]L +0.0267% / S −0.0198%1h7.5455−0.062%$29K100xas long as short
Coinbase International INJ-PERP-INTX+0.0480%1h7.5590+0.117%$371K$635K50xas long as short
Injective INJ/USDC PERP+0.1029%1h7.5700+0.262%$316K$12.1M30xas long as short