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+0.0098%/8h= +10.7% APRpaid last 24h +0.087%
Price spread now: GMX against OKX−0.098%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
Funding pays, the price is against you. GMX is 0.098% cheaper against OKX than usual: you would sell low and buy high (spread −0.098% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$10 on $10k: about 3.3 days of funding at the current rate (+$3 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX INJ-USDT-SWAP7.64000.0100pay 0.0100% / 8h1h 27m$6.2M$19.1M50x
ShortGMX INJ/USD [WBTC.b-USDC]7.6325L +0.0268% / S −0.0198%get 0.0025% / 1h27m 55s$29K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX against OKX. 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
$20.54
Price spread: −0.098% → 0.000%
−$9.77
Slippage, 4 orders
no order book: not counted
Fee OKX: 5 bp × 2 orders
−$10
Fee GMX: 6 bp × 2 orders
−$12
Net
−$11.23
Costs to cover
0.220%
Break-even
10.8 days
Slippage unknown: OKX: 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 OKX live order book, 1 min ago0.65 bp14.6 bp −$1527.7 bp −$277doesn't fitdoesn't fit
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%1h7.6278−0.160%20xas long as short
gTrade (Gains Network) INJ/USDL +0.0007% / S −0.0017%1h7.6318−0.107%$18K150xas long as short
dYdX INJ-USD+0.0019%1h7.6308−0.120%$79K$17K5xas long as short
Kraken Futures PF_INJUSD+0.0054%1h7.6358−0.055%$777K$3.5M50xas long as short
Aevo INJ-PERP+0.0096%1h7.6270−0.170%$69K3xas long as short
Orderly PERP_INJ_USDC+0.0100%8h7.6290−0.144%$34K$94K10xas long as short
Aster INJUSDT+0.0100%8h7.6364−0.047%$139K$421K20xas long as short
Binance INJUSDT+0.0100%8h7.6420+0.027%$33.7M$97.7M75xas long as short
Bybit INJUSDT+0.0100%8h7.6360−0.052%$21.1M$31.6M50xas long as short
OKX INJ-USDT-SWAPlong+0.0100%8h7.6400long leg$6.2M$19.1M50x
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate INJ_USDT+0.0100%8h7.6340−0.079%$2.6M$5.3M50xas long as short
KuCoin INJUSDTM+0.0100%8h7.6340−0.079%$8.5M$18.3M50xas long as short
Bitget INJUSDT+0.0100%8h7.6330−0.092%$14.1M$10.5M75xas long as short
Variational Omni INJ+0.0100%8h7.6292−0.142%$271K$150Kas long as short
ApeX Omni INJUSDT+0.0100%1h7.6490+0.118%$46K$269K50xas long as short
Extended INJ-USD+0.0104%1h7.6351−0.064%$113K$565K10xas long as short
BloFin INJ-USDT+0.0220%8h7.6350−0.065%$1.6M$5.7M75xas long as short
Deribit INJ_USDC-PERPETUAL+0.0235%1h7.6355−0.059%$7K$25K25xas long as short
BingX INJ-USDT+0.0248%8h7.6380−0.026%$21.3Mas long as short
MEXC INJ_USDT+0.0261%8h7.6370−0.039%$29.8M$20.1M300xas long as short
Hyperliquid INJ+0.0263%1h7.6430+0.039%$25.7M$8.6M5xas long as short
GMX INJ/USD [WBTC.b-USDC]shortL +0.0268% / S −0.0198%1h7.6325−0.098%$29K100x
Coinbase International INJ-PERP-INTX+0.0464%1h7.6830+0.563%$383K$674K50xas long as short
Injective INJ/USDC PERP+0.1179%1h7.6690+0.380%$320K$12.1M30xas long as short