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

INJ

all INJ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 20:00 UTC0.0000%/8hpaid last 24h −0.016%
Price spread now: ApeX Omni against KuCoin+0.013%52s7-day average +0.071% · you sell dearer than you buy
Net, funding: paid 7d − costs−$63as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$610.614% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.019%−$2 on $10k
Price spread, last 3 days (all we have)+0.168%+$17 · spread now +0.013%, 7d avg +0.071%
Together, before fees+0.149%+$15 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 0.059% cheaper against KuCoin than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of +0.071%. The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin INJUSDTM7.83600.0100pay 0.0100% / 8h4h 22m$9.6M$16.6M50x
ShortApeX Omni INJUSDT7.83700.0100get 0.0013% / 1h22m 31s$48K$345K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against KuCoin. 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: +0.013% → +0.071%
−$5.86
Slippage, 4 orders
−$39.36
Fee KuCoin: 6 bp × 2 orders
−$12
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$67.21
Costs to cover
0.614%
Break-even
never at this rate
Slippage from KuCoin: live order book, 10 min ago; ApeX Omni: live order book, 9 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 KuCoin live order book, 10 min ago0.64 bp14.1 bp −$1436.0 bp −$360doesn't fitdoesn't fit
Sell ApeX Omni live order book, 9 min ago5.13 bp12.0 bp −$1298.7 bp −$987doesn'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%1h7.8264−0.122%20xas long as short
Variational Omni INJ−0.0005%8h7.8155−0.262%$273K$169Kas long as short
Deribit INJ_USDC-PERPETUAL0.0000%1h7.8435+0.096%$9K$22K25xas long as short
gTrade (Gains Network) INJ/USDL +0.0006% / S −0.0002%1h7.8433+0.093%$3K150xas long as short
dYdX INJ-USD+0.0011%1h7.8390+0.038%$90K$14K5xas long as short
Kraken Futures PF_INJUSD+0.0022%1h7.8463+0.131%$983K$3.2M50xas long as short
OKX INJ-USDT-SWAP+0.0052%8h7.8240−0.153%$6.4M$21.1M50xas long as short
Bybit INJUSDT+0.0065%8h7.8241−0.152%$22.1M$32.5M50xas long as short
Orderly PERP_INJ_USDC+0.0088%8h7.8420+0.077%$32K$52K10xas long as short
Aevo INJ-PERP+0.0096%1h7.8413+0.067%$71K$13K3xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster INJUSDT+0.0100%8h7.8414+0.069%$167K$434K20xas long as short
Binance INJUSDT+0.0100%8h7.8321−0.050%$35.9M$96.4M75xas long as short
Gate INJ_USDT+0.0100%8h7.8340−0.026%$2.8M$5.2M50xas long as short
KuCoin INJUSDTMlong+0.0100%8h7.8360long leg$9.6M$16.6M50x
Bitget INJUSDT+0.0100%8h7.8260−0.128%$14.4M$11.7M75xas long as short
ApeX Omni INJUSDTshort+0.0100%1h7.8370+0.013%$48K$345K50x
Extended INJ-USD+0.0104%1h7.8371+0.014%$120K$468K10xas long as short
BloFin INJ-USDT+0.0220%8h7.8420+0.077%$1.8M$7.6M75xas long as short
BingX INJ-USDT+0.0236%8h7.8340−0.026%$21.2Mas long as short
MEXC INJ_USDT+0.0248%8h7.8380+0.026%$32.4M$24.3M300xas long as short
GMX INJ/USD [WBTC.b-USDC]L +0.0391% / S −0.0466%1h7.8409+0.062%$48K100xas long as short
Coinbase International INJ-PERP-INTX+0.0704%1h7.8520+0.204%$389K$755K50xas long as short
Hyperliquid INJ+0.0880%1h7.8502+0.181%$26.4M$8.8M5xas long as short
Injective INJ/USDC PERP+0.1368%1h7.8740+0.485%$322K$12.1M30xas long as short