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−0.0046%/8h= −5.0% APRpaid last 24h +0.037%
Price spread now: Kraken Futures against Variational Omni+0.448%7-day average +0.096% · you sell dearer than you buy
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 4 days (all we have)+0.176%+$18 on $10k
Price spread, last 4 days (all we have)−0.348%−$35 · spread now +0.448%, 7d avg +0.096%
Together, before fees−0.172%+ Points / potential airdropVariational Omni: Active · farm board−$17 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Kraken Futures is 0.351% dearer against Variational Omni than usual: you sell high and buy low (spread +0.448% now, against its 7-day average of +0.096%): +$35 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 25 days. Mind the row above: over the last 4 days funding on this pair paid +0.176%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni INJ7.64320.0100pay 0.0100% / 8h1h 49m$271K$150K
ShortKraken Futures PF_INJUSD7.67750.0054get 0.0007% / 1h49m 21s$798K$3.5M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures against Variational Omni. 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
−$9.67
Price spread: +0.448% → +0.096%
$35.13
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
$15.46
Costs to cover
0.100%
Break-even
from the start
Slippage unknown: Variational Omni: RFQ quote, 60 min ago; Kraken Futures: live order book, 4 min ago. 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 Variational Omni RFQ quote, 60 min ago3.37 bpdoesn't fit35.2 bp −$352doesn't fitdoesn't fit
Sell Kraken Futures live order book, 4 min ago7.84 bp14.2 bp −$1433.6 bp −$336378.0 bp −$37.8Kdoesn'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%1h7.6668+0.308%20xas long as short
dYdX INJ-USD0.0000%1h7.6758+0.426%$79K$17K5xas long as short
gTrade (Gains Network) INJ/USDL +0.0007% / S −0.0017%1h7.6742+0.405%$19K150xas long as short
Kraken Futures PF_INJUSDshort+0.0054%1h7.6775+0.448%$798K$3.5M50x
Aevo INJ-PERP+0.0096%1h7.6670+0.311%$69K3xas long as short
Orderly PERP_INJ_USDC+0.0100%8h7.6690+0.337%$35K$94K10xas long as short
Aster INJUSDT+0.0100%8h7.6753+0.419%$139K$421K20xas long as short
Binance INJUSDT+0.0100%8h7.6757+0.425%$33.8M$97.6M75xas long as short
Bybit INJUSDT+0.0100%8h7.6690+0.337%$21.2M$31.9M50xas long as short
OKX INJ-USDT-SWAP+0.0100%8h7.6660+0.298%$6.2M$19.2M50xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate INJ_USDT+0.0100%8h7.6730+0.389%$2.7M$5.3M50xas long as short
KuCoin INJUSDTM+0.0100%8h7.6710+0.363%$8.5M$18.3M50xas long as short
Bitget INJUSDT+0.0100%8h7.6730+0.389%$14.1M$10.5M75xas long as short
Variational Omni INJlong+0.0100%8h7.6432long leg$271K$150K
ApeX Omni INJUSDT+0.0100%1h7.6500+0.088%$46K$269K50xas long as short
Extended INJ-USD+0.0104%1h7.6770+0.442%$114K$563K10xas long as short
Hyperliquid INJ+0.0219%1h7.6788+0.465%$25.8M$8.6M5xas long as short
BloFin INJ-USDT+0.0220%8h7.6440+0.010%$1.7M$5.7M75xas long as short
BingX INJ-USDT+0.0248%8h7.6740+0.402%$21.0Mas long as short
MEXC INJ_USDT+0.0261%8h7.6730+0.389%$30.0M$20.0M300xas long as short
GMX INJ/USD [WBTC.b-USDC]L +0.0268% / S −0.0198%1h7.6706+0.358%$29K100xas long as short
Coinbase International INJ-PERP-INTX+0.0464%1h7.6660+0.298%$381K$672K50xas long as short
Deribit INJ_USDC-PERPETUAL+0.0481%1h7.6702+0.353%$7K$25K25xas long as short
Injective INJ/USDC PERP+0.1179%1h7.6770+0.442%$320K$12.1M30xas long as short