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

INJ

all INJ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.1166%/8h= +127.7% APRnext payment +$1.46 per $10,000 · paid last 24h +0.381%
Price spread now: Injective against gTrade (Gains Network)+0.137%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 3 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 +$35 a day on $10k at the current rate, and Injective is 0.137% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$14 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LonggTrade (Gains Network) INJ/USD7.6105L +0.0006% / S −0.0002%pay 0.0001% / 1h46m 33s$3K150x
ShortInjective INJ/USDC PERP7.62100.1172get 0.0147% / 1h46m 33s$318K$12.1M30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective 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
$244.88
Price spread: +0.137% → 0.000%
$13.73
Slippage, 4 orders
no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
$248.59
Costs to cover
0.100%
Break-even
from the start
Slippage unknown: gTrade (Gains Network): no order-book sample; Injective: 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 gTrade (Gains Network) no order-book sample
Sell Injective live order book, 3 min ago23.01 bp23.0 bp −$2342.7 bp −$427doesn'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
Kraken Futures PF_INJUSD−0.0233%1h7.6041−0.085%$802K$3.4M50xas long as short
Reya INJRUSDPERP−0.0200%1h7.6023−0.109%20xas long as short
Deribit INJ_USDC-PERPETUAL−0.0079%1h7.6058−0.062%$6K$24K25xas long as short
dYdX INJ-USD0.0000%1h7.6102−0.005%$79K$17K5xas long as short
gTrade (Gains Network) INJ/USDlongL +0.0006% / S −0.0002%1h7.6105long leg$3K150x
Aevo INJ-PERP+0.0096%1h7.6010−0.125%$69K3xas long as short
Hyperliquid INJ+0.0100%1h7.6148+0.056%$25.7M$8.8M5xas long as short
Aster INJUSDT+0.0100%8h7.6110+0.006%$140K$420K20xas long as short
Binance INJUSDT+0.0100%8h7.6053−0.070%$33.2M$96.3M75xas long as short
Bybit INJUSDT+0.0100%8h7.6027−0.103%$21.1M$31.7M50xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX INJ-USDT-SWAP+0.0100%8h7.6050−0.073%$6.2M$18.8M50xas long as short
Gate INJ_USDT+0.0100%8h7.6050−0.073%$2.7M$5.2M50xas long as short
KuCoin INJUSDTM+0.0100%8h7.6090−0.020%$9.4M$17.5M50xas long as short
Bitget INJUSDT+0.0100%8h7.6040−0.086%$13.9M$10.2M75xas long as short
Variational Omni INJ+0.0100%8h7.6002−0.136%$267K$151Kas long as short
ApeX Omni INJUSDT+0.0100%1h7.5910−0.257%$46K$271K50xas long as short
Orderly PERP_INJ_USDC+0.0100%8h7.6070−0.047%$34K$94K10xas long as short
Extended INJ-USD+0.0104%1h7.6054−0.068%$113K$359K10xas long as short
BloFin INJ-USDT+0.0220%8h7.5970−0.178%$1.6M$5.8M75xas long as short
BingX INJ-USDT+0.0248%8h7.6060−0.060%$21.3Mas long as short
MEXC INJ_USDT+0.0261%8h7.6090−0.020%$30.1M$21.3M300xas long as short
GMX INJ/USD [WBTC.b-USDC]L +0.0267% / S −0.0198%1h7.6090−0.020%$29K100xas long as short
Coinbase International INJ-PERP-INTX+0.0552%1h7.6210+0.137%$369K$614K50xas long as short
Injective INJ/USDC PERPshort+0.1172%1h7.6210+0.137%$318K$12.1M30x