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

INJ

all INJ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0161%/8h= +17.6% APRnext payment +$1.61 per $10,000 · paid last 24h +0.071%
Price spread now: MEXC against OKX+0.065%7-day average +0.023% · you sell dearer than you buy
Net, funding: paid 7d − costs−$2as in the Funding arb table
Net, price: spread back to 7d avg − costs−$26as in the Price arb table
costs, in and out, $10k−$300.303% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.279%+$28 on $10k
Price spread, last 7 days−0.074%−$7 · spread now +0.065%, 7d avg +0.023%
Together, before fees+0.206%+$21 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and MEXC is 0.042% dearer against OKX than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.023%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX INJ-USDT-SWAP7.65500.0100pay 0.0100% / 8h1h 16m$6.2M$19.1M50x
ShortMEXC INJ_USDT7.66000.0261get 0.0261% / 8h1h 16m$29.9M$20.1M300x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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
$33.81
Price spread: +0.065% → +0.023%
$4.23
Slippage, 4 orders
−$20.33
Fee OKX: 5 bp × 2 orders
−$10
Fee MEXC: 0 bp × 2 orders
$0
Net
$7.71
Costs to cover
0.303%
Break-even
5.4 days
Slippage from OKX: live order book, 2 min ago; MEXC: live order book, 2 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 OKX live order book, 2 min ago0.65 bp14.0 bp −$1429.5 bp −$295doesn't fitdoesn't fit
Sell MEXC live order book, 2 min ago0.65 bp3.4 bp −$311.7 bp −$11751.6 bp −$5,162124.8 bp −$62.4K

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%1h7.6468−0.107%20xas long as short
gTrade (Gains Network) INJ/USDL +0.0007% / S −0.0017%1h7.6496−0.071%$19K150xas long as short
dYdX INJ-USD+0.0024%1h7.6488−0.080%$79K$17K5xas long as short
Kraken Futures PF_INJUSD+0.0054%1h7.6571+0.028%$779K$3.5M50xas long as short
Aevo INJ-PERP+0.0096%1h7.6541−0.012%$69K3xas long as short
Orderly PERP_INJ_USDC+0.0100%8h7.6530−0.026%$34K$94K10xas long as short
Aster INJUSDT+0.0100%8h7.6596+0.060%$138K$427K20xas long as short
Binance INJUSDT+0.0100%8h7.6610+0.078%$33.8M$97.7M75xas long as short
Bybit INJUSDT+0.0100%8h7.6560+0.013%$21.1M$31.5M50xas long as short
OKX INJ-USDT-SWAPlong+0.0100%8h7.6550long leg$6.2M$19.1M50x
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate INJ_USDT+0.0100%8h7.6540−0.013%$2.6M$5.3M50xas long as short
KuCoin INJUSDTM+0.0100%8h7.6590+0.052%$8.5M$18.4M50xas long as short
Bitget INJUSDT+0.0100%8h7.6530−0.026%$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%1h7.6564+0.018%$114K$560K10xas long as short
BloFin INJ-USDT+0.0220%8h7.6520−0.039%$1.6M$5.7M75xas long as short
BingX INJ-USDT+0.0248%8h7.6560+0.013%$21.3Mas long as short
MEXC INJ_USDTshort+0.0261%8h7.6600+0.065%$29.9M$20.1M300x
GMX INJ/USD [WBTC.b-USDC]L +0.0268% / S −0.0198%1h7.6481−0.090%$29K100xas long as short
Hyperliquid INJ+0.0358%1h7.6669+0.155%$25.7M$8.6M5xas long as short
Coinbase International INJ-PERP-INTX+0.0464%1h7.6800+0.327%$383K$673K50xas long as short
Deribit INJ_USDC-PERPETUAL+0.0534%1h7.6575+0.033%$7K$25K25xas long as short
Injective INJ/USDC PERP+0.1179%1h7.6870+0.418%$320K$12.1M30xas long as short