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

INJ

all INJ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.004%
Price spread now: ApeX Omni against Gate+0.304%81s7-day average +0.083% · you sell dearer than you buy
Net, funding: paid 7d − costs−$60as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$630.634% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.035%+$4 on $10k
Price spread, last 4 days (all we have)−0.232%−$23 · spread now +0.304%, 7d avg +0.083%
Together, before fees−0.197%−$20 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: ApeX Omni is 0.221% dearer against Gate than usual: you sell high and buy low, +$22 on $10k if it goes back to its 7-day average of +0.083%. The two prices were read 81 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate INJ_USDT7.57300.0100pay 0.0100% / 8h3h 23m$2.7M$5.2M50x
ShortApeX Omni INJUSDT7.59600.0100get 0.0013% / 1h23m 59s$46K$270K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Gate. 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
$0
Price spread: +0.304% → +0.083%
$22.09
Slippage, 4 orders
−$38.39
Fee Gate: 7.5 bp × 2 orders
−$15
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$41.29
Costs to cover
0.634%
Break-even
never at this rate
Slippage from Gate: live order book, 4 min ago; ApeX Omni: live order book, 28 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Gate live order book, 4 min ago3.95 bp17.1 bp −$1755.4 bp −$554doesn't fitdoesn't fit
Sell ApeX Omni live order book, 28 min ago5.92 bp12.8 bp −$13113.0 bp −$1,130doesn't fitdoesn't fit

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−0.0234%1h7.5779+0.064%$780K$3.4M50xas long as short
Reya INJRUSDPERP−0.0200%1h7.5796+0.087%20xas long as short
dYdX INJ-USD0.0000%1h7.5857+0.168%$78K$17K5xas long as short
Deribit INJ_USDC-PERPETUAL0.0000%1h7.5809+0.104%$6K$24K25xas long as short
gTrade (Gains Network) INJ/USDL +0.0007% / S −0.0035%1h7.5819+0.118%$16K150xas long as short
Aevo INJ-PERP+0.0096%1h7.5777+0.062%$68K3xas long as short
Orderly PERP_INJ_USDC+0.0100%8h7.5820+0.119%$34K$94K10xas long as short
Hyperliquid INJ+0.0100%1h7.5834+0.137%$25.6M$8.7M5xas long as short
Aster INJUSDT+0.0100%8h7.5808+0.103%$139K$417K20xas long as short
Binance INJUSDT+0.0100%8h7.5766+0.048%$33.1M$96.2M75xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit INJUSDT+0.0100%8h7.5758+0.037%$21.1M$31.7M50xas long as short
OKX INJ-USDT-SWAP+0.0100%8h7.5750+0.026%$6.2M$18.6M50xas long as short
Gate INJ_USDTlong+0.0100%8h7.5730long leg$2.7M$5.2M50x
KuCoin INJUSDTM+0.0100%8h7.5750+0.026%$9.4M$17.6M50xas long as short
Bitget INJUSDT+0.0100%8h7.5670−0.079%$13.9M$10.2M75xas long as short
Variational Omni INJ+0.0100%8h7.5891+0.213%$267K$144Kas long as short
ApeX Omni INJUSDTshort+0.0100%1h7.5960+0.304%$46K$270K50x
Extended INJ-USD+0.0104%1h7.5745+0.020%$113K$357K10xas long as short
BloFin INJ-USDT+0.0220%8h7.5850+0.158%$1.6M$5.8M75xas long as short
BingX INJ-USDT+0.0248%8h7.5760+0.040%$21.0Mas long as short
MEXC INJ_USDT+0.0261%8h7.5800+0.092%$29.8M$21.5M300xas long as short
GMX INJ/USD [WBTC.b-USDC]L +0.0267% / S −0.0198%1h7.5810+0.105%$29K100xas long as short
Coinbase International INJ-PERP-INTX+0.0552%1h7.5990+0.343%$368K$614K50xas long as short
Injective INJ/USDC PERP+0.1172%1h7.6230+0.660%$318K$12.1M30xas long as short