INJ

Alert

Spread before costs (cost unknown: a leg has no order-book sample)+0.029%

7d average—if it closes, per $10,000$3funding while held, a day−$0.18

Long on gTrade (Gains Network)Short on Deribit

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	gTrade (Gains Network) INJ/USD	7.8932	L +0.0006% / S −0.0002%	pay 0.0001% / 1h	54m 27s	$3K	—	150x
Short	Deribit INJ_USDC-PERPETUAL	7.8954	0	get 0.0000% / 1h	54m 27s	$10K	$21K	25x

Price spread history

latest

Range statsloading…

How often the spread is this wide

share of time at each level, last 7D

Backtest

opened in the past, held until now, after costs

Backtest 7 days Backtest 30 days Backtest 90 daysopens the backtester with this pair and $10,000 a leg

Profit calculator

Position, each leg$Hold forhoursFee gTrade (Gains Network)bpFee DeribitbpOrdersClose when spread is

Spread captured: $2.85
Funding while held: −$0.18
Slippage, 4 orders: no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: −$14.33
Spread needed to break even: 0.170%

Slippage unknown: gTrade (Gains Network): no order-book sample; Deribit: no order-book sample. Net counts fees only.

Cost of waiting

funding view

Funding /8h: −0.0006%
Per $10,000 a day: −$0.18
Average in range /8h: —

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy gTrade (Gains Network) no order-book sample	—	—	—	—	—
Sell Deribit no order-book sample	—	—	—	—	—

gTrade (Gains Network) and 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 price on every exchange

against the cheapest. Click to use as the short leg.

INJ on 24 venues

cheapest first. Swap a leg.

Exchange	vs long leg	Funding /8h	Every	OI	Vol 24h	Max lev
Variational Omni INJ	−0.585%	−0.0080%	8h	$268K	$148K	—	as long as short
ApeX Omni INJUSDT	−0.306%	+0.0100%	1h	$48K	$343K	50x	as long as short
Coinbase International INJ-PERP-INTX	−0.154%	+0.0704%	1h	$396K	$770K	50x	as long as short
gTrade (Gains Network) INJ/USDlong	0.000%	L +0.0006% / S −0.0002%	1h	$3K	—	150x
GMX INJ/USD [WBTC.b-USDC]	+0.010%	L +0.0373% / S −0.0423%	1h	$48K	—	100x	as long as short
Orderly PERP_INJ_USDC	+0.011%	+0.0073%	8h	$33K	$54K	10x	as long as short
Aevo INJ-PERP	+0.012%	+0.0096%	1h	$71K	$13K	3x	as long as short
Deribit INJ_USDC-PERPETUALshort	+0.029%	0.0000%	1h	$10K	$21K	25x
Aster INJUSDT	+0.072%	+0.0100%	8h	$163K	$435K	20x	as long as short
Kraken Futures PF_INJUSD	+0.080%	+0.0183%	1h	$1.0M	$3.1M	50x	as long as short

Show all 24 venues

Exchange	vs long leg	Funding /8h	Every	OI	Vol 24h	Max lev
BloFin INJ-USDT	+0.087%	+0.0220%	8h	$1.9M	$7.5M	75x	as long as short
Reya INJRUSDPERP	+0.087%	−0.0200%	1h	—	—	20x	as long as short
Bybit INJUSDT	+0.112%	−0.0081%	8h	$22.5M	$32.9M	50x	as long as short
OKX INJ-USDT-SWAP	+0.150%	−0.0018%	8h	$6.4M	$21.8M	50x	as long as short
Gate INJ_USDT	+0.175%	+0.0096%	8h	$2.8M	$5.2M	50x	as long as short
BingX INJ-USDT	+0.188%	+0.0236%	8h	—	$21.1M	—	as long as short
Hyperliquid INJ	+0.192%	+0.0277%	1h	$26.3M	$8.7M	5x	as long as short
Bitget INJUSDT	+0.201%	+0.0100%	8h	$14.4M	$11.4M	75x	as long as short
KuCoin INJUSDTM	+0.213%	+0.0100%	8h	$9.7M	$16.5M	50x	as long as short
Binance INJUSDT	+0.230%	+0.0100%	8h	$36.4M	$94.6M	75x	as long as short
MEXC INJ_USDT	+0.251%	+0.0248%	8h	$32.9M	$23.3M	300x	as long as short
Extended INJ-USD	+0.257%	+0.0104%	1h	$101K	$451K	10x	as long as short
dYdX INJ-USD	+0.277%	0.0000%	1h	$91K	$14K	5x	as long as short
Injective INJ/USDC PERP	+0.340%	+0.1315%	1h	$317K	$12.1M	30x	as long as short