Spread before costs (cost unknown: a leg has no order-book sample)+0.119%
7d average—if it closes, per $10,000$12funding while held, a day+$14.93
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_INJ_USDC | 7.7860 | 0.0080 | pay 0.0080% / 8h | 4h 57m | $32K | $52K | 10x |
| Short | Hyperliquid INJ | 7.7953 | 0.0578 | get 0.0072% / 1h | 57m 01s | $26.0M | $8.8M | 5x |
Orderly PERP_INJ_USDC
Hyperliquid INJPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- $11.94
- Funding while held
- $14.93
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- $11.88
- Spread needed to break even
- 0.150%
Slippage unknown: Orderly: no order-book sample; Hyperliquid: live order book, 8 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0498%
- Per $10,000 a day
- +$14.93
- Average in range /8h
- —
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Orderly no order-book sample | — | — | — | — | — |
| Sell Hyperliquid live order book, 8 min ago | 0.77 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
Orderly: 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 price on every exchange
against the cheapest. Click to use as the short leg.OKX7.7740cheapestGate7.7760+0.026%Bybit7.7767+0.035%Bitget7.7780+0.051%BingX7.7790+0.064%Reya7.7792+0.067%KuCoin7.7830+0.116%Binance7.7839+0.128%MEXC7.7840+0.129%Aevo7.7844+0.134%BloFin7.7850+0.141%Extended7.7853+0.146%Aster7.7854+0.146%GMX7.7856+0.150%
OKX
Gate
Bybit
Bitget
BingX
Reya
KuCoin
Binance
MEXC
Aevo
BloFin
Extended
Aster
GMXOrderly7.7860+0.154%
gTrade (Gains Network)7.7864+0.160%Deribit7.7867+0.163%dYdX7.7867+0.164%Kraken Futures7.7882+0.182%
gTrade (Gains Network)
Deribit
dYdX
Kraken FuturesHyperliquid7.7953+0.274%
ApeX Omni7.8090+0.450%Coinbase International7.8110+0.476%Variational Omni7.8207+0.601%Injective7.8240+0.643%
ApeX Omni
Coinbase International
Variational Omni
InjectiveINJ on 24 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| OKX INJ-USDT-SWAP | −0.154% | +0.0024% | 8h | $6.4M | $21.5M | 50x | as long as short |
| Gate INJ_USDT | −0.128% | +0.0100% | 8h | $2.8M | $5.2M | 50x | as long as short |
| Bybit INJUSDT | −0.119% | +0.0043% | 8h | $22.1M | $32.5M | 50x | as long as short |
| Bitget INJUSDT | −0.103% | +0.0100% | 8h | $14.3M | $11.7M | 75x | as long as short |
| BingX INJ-USDT | −0.090% | +0.0236% | 8h | — | $21.5M | — | as long as short |
| Reya INJRUSDPERP | −0.088% | −0.0200% | 1h | — | — | 20x | as long as short |
| KuCoin INJUSDTM | −0.039% | +0.0100% | 8h | $9.6M | $16.6M | 50x | as long as short |
| Binance INJUSDT | −0.027% | +0.0100% | 8h | $35.7M | $96.6M | 75x | as long as short |
| MEXC INJ_USDT | −0.026% | +0.0248% | 8h | $32.1M | $23.8M | 300x | as long as short |
| Aevo INJ-PERP | −0.021% | +0.0096% | 1h | $70K | $13K | 3x | as long as short |
Show all 24 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| BloFin INJ-USDT | −0.013% | +0.0220% | 8h | $1.9M | $7.5M | 75x | as long as short |
| Extended INJ-USD | −0.008% | +0.0104% | 1h | $118K | $466K | 10x | as long as short |
| Aster INJUSDT | −0.008% | +0.0100% | 8h | $165K | $435K | 20x | as long as short |
| GMX INJ/USD [WBTC.b-USDC] | −0.005% | L +0.0391% / S −0.0466% | 1h | $47K | — | 100x | as long as short |
| Orderly PERP_INJ_USDClong | 0.000% | +0.0080% | 8h | $32K | $52K | 10x | |
| gTrade (Gains Network) INJ/USD | +0.005% | L +0.0006% / S −0.0002% | 1h | $3K | — | 150x | as long as short |
| Deribit INJ_USDC-PERPETUAL | +0.009% | 0.0000% | 1h | $9K | $22K | 25x | as long as short |
| dYdX INJ-USD | +0.009% | 0.0000% | 1h | $90K | $14K | 5x | as long as short |
| Kraken Futures PF_INJUSD | +0.028% | +0.0022% | 1h | $981K | $3.2M | 50x | as long as short |
| Hyperliquid INJshort | +0.119% | +0.0578% | 1h | $26.0M | $8.8M | 5x | |
| ApeX Omni INJUSDT | +0.295% | +0.0100% | 1h | $48K | $345K | 50x | as long as short |
| Coinbase International INJ-PERP-INTX | +0.321% | +0.0704% | 1h | $388K | $749K | 50x | as long as short |
| Variational Omni INJ | +0.446% | −0.0045% | 8h | $274K | $171K | — | as long as short |
| Injective INJ/USDC PERP | +0.488% | +0.1368% | 1h | $319K | $12.1M | 30x | as long as short |