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−0.0063%/8h= −6.9% APRpaid last 24h +0.016%
Price spread now: GMX against MEXC−0.077%7-day average · you buy dearer than you sell
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 against this trade now: funding costs −$2 a day on $10k at the current rate, and GMX is 0.077% cheaper against MEXC than usual: you would sell low and buy high (−$8 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC INJ_USDT7.65500.0261pay 0.0261% / 8h1h 18m$29.9M$20.1M300x
ShortGMX INJ/USD [WBTC.b-USDC]7.6491L +0.0268% / S −0.0198%get 0.0025% / 1h18m 18s$29K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX against MEXC. 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
−$13.27
Price spread: −0.077% → 0.000%
−$7.66
Slippage, 4 orders
no order book: not counted
Fee MEXC: 0 bp × 2 orders
$0
Fee GMX: 6 bp × 2 orders
−$12
Net
−$32.93
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: MEXC: live order book, 1 min ago; GMX: no order-book sample. 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 MEXC live order book, 1 min ago0.65 bp4.3 bp −$411.1 bp −$11158.9 bp −$5,894136.3 bp −$68.2K
Sell GMX no order-book sample
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%1h7.6503−0.061%20xas long as short
gTrade (Gains Network) INJ/USDL +0.0007% / S −0.0017%1h7.6502−0.062%$19K150xas long as short
dYdX INJ-USD+0.0017%1h7.6421−0.168%$79K$17K5xas long as short
Kraken Futures PF_INJUSD+0.0054%1h7.6563+0.017%$779K$3.5M50xas long as short
Aevo INJ-PERP+0.0096%1h7.6507−0.056%$69K3xas long as short
Orderly PERP_INJ_USDC+0.0100%8h7.6520−0.039%$34K$94K10xas long as short
Aster INJUSDT+0.0100%8h7.6546−0.006%$138K$427K20xas long as short
Binance INJUSDT+0.0100%8h7.6556+0.008%$33.8M$97.7M75xas long as short
Bybit INJUSDT+0.0100%8h7.6509−0.054%$21.1M$31.5M50xas long as short
OKX INJ-USDT-SWAP+0.0100%8h7.6510−0.052%$6.2M$19.1M50xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate INJ_USDT+0.0100%8h7.6520−0.039%$2.6M$5.3M50xas long as short
KuCoin INJUSDTM+0.0100%8h7.6510−0.052%$8.5M$18.3M50xas long as short
Bitget INJUSDT+0.0100%8h7.6500−0.065%$14.0M$10.5M75xas long as short
Variational Omni INJ+0.0100%8h7.6412−0.181%$271K$150Kas long as short
ApeX Omni INJUSDT+0.0100%1h7.6450−0.131%$46K$268K50xas long as short
Extended INJ-USD+0.0104%1h7.6531−0.025%$114K$560K10xas long as short
BloFin INJ-USDT+0.0220%8h7.6500−0.065%$1.6M$5.7M75xas long as short
BingX INJ-USDT+0.0248%8h7.6500−0.065%$21.3Mas long as short
MEXC INJ_USDTlong+0.0261%8h7.6550long leg$29.9M$20.1M300x
GMX INJ/USD [WBTC.b-USDC]shortL +0.0268% / S −0.0198%1h7.6491−0.077%$29K100x
Hyperliquid INJ+0.0348%1h7.6621+0.093%$25.7M$8.6M5xas long as short
Deribit INJ_USDC-PERPETUAL+0.0430%1h7.6542−0.010%$7K$25K25xas long as short
Coinbase International INJ-PERP-INTX+0.0464%1h7.6800+0.327%$383K$673K50xas long as short
Injective INJ/USDC PERP+0.1179%1h7.6780+0.300%$320K$12.1M30xas long as short