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

INJ

all INJ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0352%/8h= +38.5% APRnext payment +$0.44 per $10,000 · paid last 24h +0.131%
Price spread now: Hyperliquid against gTrade (Gains Network)−0.038%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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropHyperliquid: Season 2 · farm boardneeds both histories
Funding pays, the price is against you. Hyperliquid is 0.038% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (spread −0.038% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$4 on $10k: about 9 hours of funding at the current rate (+$11 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LonggTrade (Gains Network) INJ/USD7.6798L +0.0007% / S −0.0017%pay 0.0001% / 1h5m 37s$19K150x
ShortHyperliquid INJ7.67690.0359get 0.0045% / 1h5m 37s$25.8M$8.6M5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid against gTrade (Gains Network). 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
$73.92
Price spread: −0.038% → 0.000%
−$3.83
Slippage, 4 orders
no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
$51.09
Costs to cover
0.190%
Break-even
2.2 days
Slippage unknown: gTrade (Gains Network): no order-book sample; Hyperliquid: live order book, 7 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 gTrade (Gains Network) no order-book sample
Sell Hyperliquid live order book, 7 min ago0.46 bp9.5 bp −$10doesn't fitdoesn't fitdoesn't fit
gTrade (Gains Network): 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%1h7.6778−0.027%20xas long as short
gTrade (Gains Network) INJ/USDlongL +0.0007% / S −0.0017%1h7.6798long leg$19K150x
dYdX INJ-USD+0.0021%1h7.6680−0.154%$79K$17K5xas long as short
Kraken Futures PF_INJUSD+0.0054%1h7.6747−0.067%$782K$3.5M50xas long as short
Aevo INJ-PERP+0.0096%1h7.6745−0.070%$69K3xas long as short
Orderly PERP_INJ_USDC+0.0100%8h7.6810+0.015%$35K$82K10xas long as short
Aster INJUSDT+0.0100%8h7.6687−0.145%$139K$427K20xas long as short
Binance INJUSDT+0.0100%8h7.6670−0.167%$33.8M$97.5M75xas long as short
Bybit INJUSDT+0.0100%8h7.6648−0.196%$21.2M$31.5M50xas long as short
OKX INJ-USDT-SWAP+0.0100%8h7.6640−0.206%$6.2M$19.1M50xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate INJ_USDT+0.0100%8h7.6660−0.180%$2.6M$5.4M50xas long as short
KuCoin INJUSDTM+0.0100%8h7.6680−0.154%$8.5M$18.4M50xas long as short
Bitget INJUSDT+0.0100%8h7.6680−0.154%$14.1M$10.5M75xas long as short
Variational Omni INJ+0.0100%8h7.6762−0.048%$273K$150Kas long as short
ApeX Omni INJUSDT+0.0100%1h7.6450−0.454%$46K$268K50xas long as short
Extended INJ-USD+0.0104%1h7.6677−0.158%$114K$560K10xas long as short
Deribit INJ_USDC-PERPETUAL+0.0141%1h7.6822+0.031%$7K$25K25xas long as short
BloFin INJ-USDT+0.0220%8h7.6860+0.080%$1.7M$5.7M75xas long as short
BingX INJ-USDT+0.0248%8h7.6690−0.141%$21.3Mas long as short
MEXC INJ_USDT+0.0261%8h7.6680−0.154%$30.2M$20.3M300xas long as short
GMX INJ/USD [WBTC.b-USDC]L +0.0268% / S −0.0198%1h7.6862+0.083%$29K100xas long as short
Hyperliquid INJshort+0.0359%1h7.6769−0.038%$25.8M$8.6M5x
Coinbase International INJ-PERP-INTX+0.0464%1h7.7020+0.289%$384K$675K50xas long as short
Injective INJ/USDC PERP+0.1179%1h7.6960+0.210%$321K$12.1M30xas long as short