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+0.0282%/8h= +30.9% APRnext payment +$0.35 per $10,000 · paid last 24h +0.064%
Price spread now: Coinbase International against GMX+0.378%67s7-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 +$8 a day on $10k at the current rate, and Coinbase International is 0.378% dearer against GMX than usual: you sell high and buy low: +$38 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 67 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGMX INJ/USD [WBTC.b-USDC]7.7079L +0.0326% / S −0.0344%pay 0.0041% / 1h13m 31s$40K100x
ShortCoinbase International INJ-PERP-INTX7.73700.0608get 0.0076% / 1h13m 31s$389K$721K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International against GMX. 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
$59.23
Price spread: +0.378% → 0.000%
$37.8
Slippage, 4 orders
no order book: not counted
Fee GMX: 6 bp × 2 orders
−$12
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
$75.04
Costs to cover
0.220%
Break-even
from the start
Slippage unknown: GMX: no order-book sample; Coinbase International: live order book, 25 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 GMX no order-book sample
Sell Coinbase International live order book, 25 min ago7.13 bp28.8 bp −$2961.2 bp −$612doesn't fitdoesn't fit
GMX: 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%1h7.7059−0.025%20xas long as short
dYdX INJ-USD0.0000%1h7.7119+0.052%$80K$17K5xas long as short
gTrade (Gains Network) INJ/USDL +0.0007% / S −0.0029%1h7.7215+0.177%$17K150xas long as short
Aevo INJ-PERP+0.0096%1h7.7244+0.214%$70K3xas long as short
Orderly PERP_INJ_USDC+0.0100%8h7.7250+0.222%$34K$83K10xas long as short
Aster INJUSDT+0.0100%8h7.7070−0.011%$148K$447K20xas long as short
Binance INJUSDT+0.0100%8h7.7040−0.051%$34.0M$103.0M75xas long as short
Bybit INJUSDT+0.0100%8h7.7020−0.076%$21.3M$32.6M50xas long as short
OKX INJ-USDT-SWAP+0.0100%8h7.7010−0.089%$6.1M$20.6M50xas long as short
Gate INJ_USDT+0.0100%8h7.7050−0.037%$2.7M$5.9M50xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin INJUSDTM+0.0100%8h7.7070−0.011%$8.6M$18.6M50xas long as short
Bitget INJUSDT+0.0100%8h7.7050−0.037%$14.1M$11.8M75xas long as short
Variational Omni INJ+0.0100%8h7.7018−0.079%$273K$144Kas long as short
ApeX Omni INJUSDT+0.0100%1h7.7150+0.093%$46K$266K50xas long as short
Extended INJ-USD+0.0104%1h7.7076−0.003%$115K$640K10xas long as short
BloFin INJ-USDT+0.0220%8h7.7170+0.119%$1.7M$5.8M75xas long as short
BingX INJ-USDT+0.0248%8h7.7080+0.002%$21.5Mas long as short
MEXC INJ_USDT+0.0261%8h7.7090+0.015%$30.7M$20.8M300xas long as short
GMX INJ/USD [WBTC.b-USDC]longL +0.0326% / S −0.0344%1h7.7079long leg$40K100x
Deribit INJ_USDC-PERPETUAL+0.0359%1h7.7280+0.261%$6K$26K25xas long as short
Hyperliquid INJ+0.0476%1h7.7154+0.098%$25.9M$8.8M5xas long as short
Kraken Futures PF_INJUSD+0.0564%1h7.7335+0.333%$810K$3.6M50xas long as short
Coinbase International INJ-PERP-INTXshort+0.0608%1h7.7370+0.378%$389K$721K50x
Injective INJ/USDC PERP+0.1548%1h7.7290+0.274%$315K$12.5M30xas long as short