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+0.0401%/8h= +43.9% APRnext payment +$0.50 per $10,000 · paid last 24h +0.039%
Price spread now: Kraken Futures against gTrade (Gains Network)+0.033%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 +$12 a day on $10k at the current rate, and Kraken Futures is 0.033% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$3 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/USD7.7780L +0.0006% / S −0.0002%pay 0.0001% / 1h57m 48s$3K150x
ShortKraken Futures PF_INJUSD7.78060.0407get 0.0051% / 1h57m 48s$876K$3.0M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures 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
$84.2
Price spread: +0.033% → 0.000%
$3.34
Slippage, 4 orders
no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
$67.54
Costs to cover
0.200%
Break-even
1.4 days
Slippage unknown: gTrade (Gains Network): no order-book sample; Kraken Futures: live order book, 1 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 Kraken Futures live order book, 1 min ago12.85 bp18.3 bp −$1843.2 bp −$432534.2 bp −$53.4Kdoesn'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%1h7.7778−0.003%20xas long as short
Deribit INJ_USDC-PERPETUAL0.0000%1h7.7810+0.039%$6K$24K25xas long as short
gTrade (Gains Network) INJ/USDlongL +0.0006% / S −0.0002%1h7.7780long leg$3K150x
Aevo INJ-PERP+0.0096%1h7.7564−0.277%$70K3xas long as short
Aster INJUSDT+0.0100%8h7.7867+0.112%$149K$428K20xas long as short
Binance INJUSDT+0.0100%8h7.7850+0.090%$35.5M$92.9M75xas long as short
Bybit INJUSDT+0.0100%8h7.7852+0.093%$21.9M$31.2M50xas long as short
OKX INJ-USDT-SWAP+0.0100%8h7.7830+0.065%$6.4M$19.1M50xas long as short
Gate INJ_USDT+0.0100%8h7.77800.000%$2.8M$4.8M50xas long as short
KuCoin INJUSDTM+0.0100%8h7.7840+0.078%$9.5M$16.5M50xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget INJUSDT+0.0100%8h7.7810+0.039%$14.3M$10.2M75xas long as short
Variational Omni INJ+0.0100%8h7.7691−0.114%$274K$156Kas long as short
ApeX Omni INJUSDT+0.0100%1h7.8030+0.322%$48K$311K50xas long as short
Orderly PERP_INJ_USDC+0.0100%8h7.7810+0.039%$37K$66K10xas long as short
Extended INJ-USD+0.0104%1h7.7849+0.090%$115K$363K10xas long as short
dYdX INJ-USD+0.0213%1h7.7612−0.216%$90K$8K5xas long as short
BloFin INJ-USDT+0.0220%8h7.7800+0.026%$1.8M$6.9M75xas long as short
Hyperliquid INJ+0.0230%1h7.7938+0.204%$26.3M$8.9M5xas long as short
BingX INJ-USDT+0.0271%8h7.7840+0.078%$21.4Mas long as short
GMX INJ/USD [WBTC.b-USDC]L +0.0274% / S −0.0211%1h7.7755−0.031%$30K100xas long as short
MEXC INJ_USDT+0.0285%8h7.7830+0.065%$31.2M$20.8M300xas long as short
Kraken Futures PF_INJUSDshort+0.0407%1h7.7806+0.033%$876K$3.0M50x
Coinbase International INJ-PERP-INTX+0.0624%1h7.7770−0.012%$380K$634K50xas long as short
Injective INJ/USDC PERP+0.1354%1h7.8150+0.476%$326K$12.1M30xas long as short