AR

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0174%/8h= +19.0% APRnext payment +$0.22 per $10,000 · paid last 24h +0.085%

Price spread now: Injective against GMX+2.190%57s7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on GMX Short on Injective

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 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Injective is 2.190% dearer against GMX than usual: you sell high and buy low: +$219 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	GMX AR/USD [WBTC.b-USDC]	4.4740	L −0.0140% / S +0.0551%	get 0.0018% / 1h	37m 52s	$575K	—	50x
Short	Injective AR/USDC PERP	4.5720	0.0033	get 0.0004% / 1h	37m 52s	$3K	$363	5.5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective against GMX. 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

Position, each leg$Hold fordaysFee GMXbpFee InjectivebpOrdersPrice spread, now +2.190%Rate

Funding earned: $36.49
Price spread: +2.190% → 0.000%: $218.99
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: $243.46
Costs to cover: 0.120%
Break-even: from the start

Slippage unknown: GMX: no order-book sample; Injective: 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 GMX no order-book sample	—	—	—	—	—
Sell Injective no order-book sample	—	—	—	—	—

GMX and Injective: 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.

AR on 17 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
Kraken Futures PF_ARUSD	−0.2006%	1h	4.4717	−0.052%	$46K	$155K	20x	as long as short
GMX AR/USD [WBTC.b-USDC]long	L −0.0140% / S +0.0551%	1h	4.4740	long leg	$575K	—	50x
Injective AR/USDC PERPshort	+0.0033%	1h	4.5720	+2.190%	$3K	$363	5.5x
Hyperliquid AR	+0.0100%	1h	4.4800	+0.134%	$3.8M	$4.8M	5x	as long as short
Aster ARUSDT	+0.0100%	8h	4.4692	−0.108%	$20K	$630K	10x	as long as short
Binance ARUSDT	+0.0100%	8h	4.4734	−0.014%	$8.8M	$56.5M	75x	as long as short
Bybit ARUSDT	+0.0100%	8h	4.4730	−0.023%	$4.6M	$8.9M	75x	as long as short
OKX AR-USDT-SWAP	+0.0100%	8h	4.4700	−0.090%	$2.2M	$20.7M	20x	as long as short
Gate AR_USDT	+0.0100%	8h	4.4700	−0.090%	$2.5M	$2.3M	50x	as long as short
MEXC AR_USDT	+0.0100%	8h	4.4740	−0.001%	$6.7M	$4.8M	100x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin ARUSDTM	+0.0100%	8h	4.4760	+0.044%	$1.4M	$1.1M	50x	as long as short
Bitget ARUSDT	+0.0100%	8h	4.4700	−0.090%	$3.8M	$5.6M	75x	as long as short
BingX AR-USDT	+0.0100%	8h	4.4720	−0.045%	—	$2.9M	—	as long as short
Variational Omni AR	+0.0100%	8h	4.4670	−0.156%	$137K	$173K	—	as long as short
ApeX Omni ARUSDT	+0.0100%	1h	4.4700	−0.090%	$57K	$747K	50x	as long as short
Extended AR-USD	+0.0104%	1h	4.4727	−0.029%	$36K	$237K	10x	as long as short
BloFin AR-USDT	+0.0220%	8h	4.4730	−0.023%	$420K	$669K	20x	as long as short