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

INJ

all INJ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0048%/8hnext payment $0.48 per $10,000 · paid last 24h −0.029%
Price spread now: OKX against KuCoin−0.128%7-day average −0.011% · you buy dearer than you sell
Net, funding: paid 7d − costs−$69as in the Funding arb table
Net, price: spread back to 7d avg − costs−$73as in the Price arb table
costs, in and out, $10k−$610.615% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.071%−$7 on $10k
Price spread, last 7 days+0.099%+$10 · spread now −0.128%, 7d avg −0.011%
Together, before fees+0.027%+$3 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and OKX is 0.117% cheaper against KuCoin than usual: you would sell low and buy high (−$12 if the spread goes back to its 7-day average of −0.011%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin INJUSDTM7.82800.0100pay 0.0100% / 8h4h 21m$9.6M$16.6M50x
ShortOKX INJ-USDT-SWAP7.81800.0052get 0.0052% / 8h4h 21m$6.4M$21.1M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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
−$10
Price spread: −0.128% → −0.011%
−$11.71
Slippage, 4 orders
−$39.49
Fee KuCoin: 6 bp × 2 orders
−$12
Fee OKX: 5 bp × 2 orders
−$10
Net
−$83.2
Costs to cover
0.615%
Break-even
never at this rate
Slippage from KuCoin: live order book, 11 min ago; OKX: 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 KuCoin live order book, 11 min ago0.64 bp14.1 bp −$1436.0 bp −$360doesn't fitdoesn't fit
Sell OKX live order book, 1 min ago0.64 bp11.7 bp −$1226.7 bp −$267doesn'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%1h7.8264−0.020%20xas long as short
Variational Omni INJ−0.0005%8h7.8155−0.160%$273K$169Kas long as short
Deribit INJ_USDC-PERPETUAL0.0000%1h7.8347+0.086%$9K$22K25xas long as short
gTrade (Gains Network) INJ/USDL +0.0006% / S −0.0002%1h7.8338+0.075%$3K150xas long as short
dYdX INJ-USD+0.0011%1h7.8390+0.141%$90K$14K5xas long as short
Kraken Futures PF_INJUSD+0.0022%1h7.8376+0.122%$982K$3.2M50xas long as short
OKX INJ-USDT-SWAPshort+0.0052%8h7.8180−0.128%$6.4M$21.1M50x
Bybit INJUSDT+0.0065%8h7.8190−0.115%$22.0M$32.2M50xas long as short
Orderly PERP_INJ_USDC+0.0088%8h7.8320+0.051%$32K$52K10xas long as short
Aevo INJ-PERP+0.0096%1h7.8311+0.039%$71K$13K3xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster INJUSDT+0.0100%8h7.8334+0.068%$166K$434K20xas long as short
Binance INJUSDT+0.0100%8h7.8289+0.012%$35.9M$96.4M75xas long as short
Gate INJ_USDT+0.0100%8h7.8270−0.013%$2.8M$5.2M50xas long as short
KuCoin INJUSDTMlong+0.0100%8h7.8280long leg$9.6M$16.6M50x
Bitget INJUSDT+0.0100%8h7.8240−0.051%$14.4M$11.7M75xas long as short
ApeX Omni INJUSDT+0.0100%1h7.8370+0.115%$48K$345K50xas long as short
Extended INJ-USD+0.0104%1h7.8250−0.039%$120K$468K10xas long as short
BloFin INJ-USDT+0.0220%8h7.8420+0.179%$1.8M$7.6M75xas long as short
BingX INJ-USDT+0.0236%8h7.8260−0.026%$21.2Mas long as short
MEXC INJ_USDT+0.0248%8h7.8260−0.026%$32.3M$24.3M300xas long as short
GMX INJ/USD [WBTC.b-USDC]L +0.0391% / S −0.0466%1h7.8311+0.039%$47K100xas long as short
Coinbase International INJ-PERP-INTX+0.0704%1h7.8520+0.307%$389K$754K50xas long as short
Hyperliquid INJ+0.0880%1h7.8421+0.180%$26.4M$8.8M5xas long as short
Injective INJ/USDC PERP+0.1368%1h7.8740+0.588%$322K$12.1M30xas long as short