Funding you earn now, next payment 01:00 UTC+0.0207%/8h= +22.7% APRnext payment +$0.26 per $10,000 · paid last 24h +0.068%
Price spread now: GMX against Injective+1.443%57s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and GMX is 1.443% dearer against Injective than usual: you sell high and buy low: +$144 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 57 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective AERO/USDC PERP | 0.6902 | 0.0033 | pay 0.0004% / 1h | 11m 42s | $4 | $209K | 5.5x |
| Short | GMX AERO/USD [ETH-USDC] | 0.7002 | L +0.0512% / S −0.0240% | get 0.0030% / 1h | 11m 42s | $92K | — | 100x |
Injective AERO/USDC PERP
GMX AERO/USD [ETH-USDC]Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX against Injective. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $43.46
- Price spread: +1.443% → 0.000%
- $144.28
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- $175.71
- Costs to cover
- 0.120%
- Break-even
- from the start
Slippage unknown: Injective: no order-book sample; 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Injective no order-book sample | — | — | — | — | — |
| Sell GMX no order-book sample | — | — | — | — | — |
Injective and 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.
AERO on 23 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit AERO_USDC-PERPETUAL | 0.0000% | 1h | 0.6998 | +1.391% | $56K | $11K | 10x | as long as short |
| Injective AERO/USDC PERPlong | +0.0033% | 1h | 0.6902 | long leg | $4 | $209K | 5.5x | |
| Aster AEROUSDT | +0.0100% | 4h | 0.7014 | +1.618% | $42K | $113K | 10x | as long as short |
| Binance AEROUSDT | +0.0100% | 4h | 0.7018 | +1.681% | $26.7M | $26.0M | 75x | as long as short |
| Bybit AEROUSDT | +0.0100% | 4h | 0.7013 | +1.608% | $22.7M | $20.4M | 25x | as long as short |
| OKX AERO-USDT-SWAP | +0.0100% | 4h | 0.7018 | +1.681% | $2.3M | $6.8M | 20x | as long as short |
| Gate AERO_USDT | +0.0100% | 4h | 0.7007 | +1.521% | $1.6M | $502K | 75x | as long as short |
| MEXC AERO_USDT | +0.0100% | 4h | 0.7019 | +1.695% | $8.4M | $1.7M | 100x | as long as short |
| KuCoin AEROUSDTM | +0.0100% | 4h | 0.7014 | +1.623% | $2.2M | $932K | 50x | as long as short |
| Bitget AEROUSDT | +0.0100% | 4h | 0.7014 | +1.623% | $4.1M | $2.1M | 75x | as long as short |
Deribit AERO_USDC-PERPETUAL
Aster AEROUSDT
Binance AEROUSDT
Bybit AEROUSDT
OKX AERO-USDT-SWAP
Gate AERO_USDT
MEXC AERO_USDT
KuCoin AEROUSDTM
Bitget AEROUSDTShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX AERO-USDT | +0.0100% | 4h | 0.7012 | +1.594% | — | $1.8M | — | as long as short |
| Variational Omni AERO | +0.0100% | 4h | 0.6985 | +1.201% | $2.0M | $1.7M | — | as long as short |
| Extended AERO-USD | +0.0104% | 1h | 0.7006 | +1.513% | $218K | $2.0M | 10x | as long as short |
| Aevo AERO-PERP | +0.0104% | 1h | 0.6998 | +1.398% | $47K | — | 3x | as long as short |
| Reya AERORUSDPERP | +0.0228% | 1h | 0.7005 | +1.495% | $20K | $4K | 15x | as long as short |
| BloFin AERO-USDT | +0.0340% | 4h | 0.7007 | +1.521% | $949K | $701K | 25x | as long as short |
| 01 Exchange AEROUSD | +0.0456% | 1h | 0.7019 | +1.694% | $190 | $111 | 3x | as long as short |
| GMX AERO/USD [ETH-USDC]short | L +0.0512% / S −0.0240% | 1h | 0.7002 | +1.443% | $92K | — | 100x | |
| RISEx AERO/USDC | +0.0687% | 1h | 0.7011 | +1.574% | $227K | $397K | 3x | as long as short |
| Hyperliquid AERO | +0.0885% | 1h | 0.7031 | +1.875% | $23.7M | $5.0M | 3x | as long as short |
| Backpack AERO_USDC_PERP | +0.1409% | 1h | 0.7017 | +1.666% | $135K | $296K | 15x | as long as short |
| Lighter AERO | +0.1656% | 1h | 0.7033 | +1.894% | $1.3M | $463K | 3x | as long as short |
| Coinbase International AERO-PERP-INTX | +0.3896% | 1h | 0.6993 | +1.318% | $92K | $36K | 25x | as long as short |
BingX AERO-USDT
Variational Omni AERO
Extended AERO-USD
Aevo AERO-PERP
Reya AERORUSDPERP
BloFin AERO-USDT
01 Exchange AEROUSD
RISEx AERO/USDC
Hyperliquid AERO
Backpack AERO_USDC_PERP
Lighter AERO
Coinbase International AERO-PERP-INTX