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

INJ

all INJ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 20:00 UTC−0.1268%/8hpaid last 24h −0.287%
Price spread now: Gate against Injective−0.649%7-day average −0.238% · you buy dearer than you sell
Net, funding: paid 7d − costs−$274as in the Funding arb table
Net, price: spread back to 7d avg − costs−$135as in the Price arb table
costs, in and out, $10k−$940.943% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−1.801%−$180 on $10k
Price spread, last 3 days (all we have)+0.166%+$17 · spread now −0.649%, 7d avg −0.238%
Together, before fees−1.636%−$164 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$38 a day on $10k at the current rate, and Gate is 0.410% cheaper against Injective than usual: you would sell low and buy high (−$41 if the spread goes back to its 7-day average of −0.238%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective INJ/USDC PERP7.86400.1368pay 0.0171% / 1h6m 28s$322K$12.1M30x
ShortGate INJ_USDT7.81300.0100get 0.0100% / 8h4h 06m$2.8M$5.2M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against Injective. 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
−$266.19
Price spread: −0.649% → −0.238%
−$41.05
Slippage, 4 orders
−$79.28
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$401.53
Costs to cover
0.943%
Break-even
never at this rate
Slippage from Injective: live order book, 2 min ago; Gate: live order book, 1 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 Injective live order book, 2 min ago26.11 bp26.1 bp −$262823.4 bp −$28.2K118233.6 bp −$11.82M631167.6 bp −$315.58M
Sell Gate live order book, 1 min ago1.28 bp23.2 bp −$2355.0 bp −$550doesn'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
Reya INJRUSDPERP−0.0200%1h7.8124−0.656%20xas long as short
Deribit INJ_USDC-PERPETUAL0.0000%1h7.8306−0.425%$9K$22K25xas long as short
Variational Omni INJ0.0000%8h7.8405−0.299%$274K$169Kas long as short
gTrade (Gains Network) INJ/USDL +0.0006% / S −0.0002%1h7.8285−0.451%$3K150xas long as short
dYdX INJ-USD+0.0009%1h7.8250−0.496%$90K$14K5xas long as short
Kraken Futures PF_INJUSD+0.0022%1h7.8256−0.488%$981K$3.2M50xas long as short
OKX INJ-USDT-SWAP+0.0072%8h7.8130−0.649%$6.4M$21.1M50xas long as short
Bybit INJUSDT+0.0080%8h7.8135−0.642%$22.0M$32.1M50xas long as short
Orderly PERP_INJ_USDC+0.0089%8h7.8270−0.470%$32K$52K10xas long as short
Aevo INJ-PERP+0.0096%1h7.8258−0.486%$71K$13K3xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster INJUSDT+0.0100%8h7.8208−0.549%$166K$433K20xas long as short
Binance INJUSDT+0.0100%8h7.8208−0.549%$35.9M$96.1M75xas long as short
Gate INJ_USDTshort+0.0100%8h7.8130−0.649%$2.8M$5.2M50x
KuCoin INJUSDTM+0.0100%8h7.8170−0.598%$9.6M$16.5M50xas long as short
Bitget INJUSDT+0.0100%8h7.8140−0.636%$14.4M$11.6M75xas long as short
ApeX Omni INJUSDT+0.0100%1h7.8420−0.280%$48K$345K50xas long as short
Extended INJ-USD+0.0104%1h7.8192−0.569%$120K$468K10xas long as short
BloFin INJ-USDT+0.0220%8h7.8210−0.547%$1.8M$7.5M75xas long as short
BingX INJ-USDT+0.0236%8h7.8170−0.598%$21.2Mas long as short
MEXC INJ_USDT+0.0248%8h7.8200−0.560%$32.2M$24.5M300xas long as short
GMX INJ/USD [WBTC.b-USDC]L +0.0391% / S −0.0466%1h7.8275−0.464%$47K100xas long as short
Coinbase International INJ-PERP-INTX+0.0704%1h7.8600−0.051%$388K$755K50xas long as short
Hyperliquid INJ+0.0827%1h7.8279−0.459%$26.3M$8.9M5xas long as short
Injective INJ/USDC PERPlong+0.1368%1h7.8640long leg$322K$12.1M30x