Funding you earn now, next payment 03:00 UTC−0.0324%/8h= −35.5% APRnext payment −$0.40 per $10,000 · paid last 24h −0.077%
Price spread now: Injective against GMX+1.278%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
The price spread pays, funding is against you. Injective is 1.278% dearer against GMX than usual: you sell high and buy low (spread +1.278% now, against zero (this spread has no 7-day history yet)): +$128 on $10k if it goes back. Holding the pair costs −$10 a day in funding at the current rate, which eats that in about 13 days. 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 BCH/USD [WBTC.b-USDC] | 266.79 | L +0.0357% / S −0.0525% | pay 0.0045% / 1h | 15m 59s | $25K | — | 100x |
| Short | Injective BCH/USDC PERP | 270.20 | 0.0033 | get 0.0004% / 1h | 15m 59s | $721 | $130K | 12x |
GMX BCH/USD [WBTC.b-USDC]
Injective BCH/USDC PERPFunding 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$68.02
- Price spread: +1.278% → 0.000%
- $127.76
- 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
- $47.72
- 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.
BCH on 32 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 | |
|---|---|---|---|---|---|---|---|---|
| SunX BCH-USDT | −0.1257% | 8h | 266.40 | −0.147% | $2K | $1.7M | 30x | as long as short |
| HTX BCH-USDT | −0.0434% | 8h | 266.68 | −0.042% | $775K | $1.4M | 75x | as long as short |
| Phemex BCHUSDT | −0.0422% | 8h | 266.52 | −0.102% | $4.9M | $6.5M | 50x | as long as short |
| SoDEX BCH-USD | −0.0294% | 1h | 266.55 | −0.091% | $2K | $8K | 10x | as long as short |
| Coinbase International BCH-PERP-INTX | −0.0128% | 1h | 266.55 | −0.091% | $224K | $1.8M | 50x | as long as short |
| GRVT BCH_USDT_Perp | −0.0125% | 8h | 266.66 | −0.048% | $389K | $17K | 10x | as long as short |
| Nado BCH-PERP | −0.0124% | 1h | 266.50 | −0.110% | $424K | $339K | 10x | as long as short |
| MEXC BCH_USDT | −0.0105% | 8h | 266.94 | +0.056% | $70.4M | $7.0M | 200x | as long as short |
| Binance BCHUSDT | −0.0104% | 8h | 266.48 | −0.118% | $72.5M | $213.4M | 75x | as long as short |
| Extended BCH-USD | −0.0104% | 1h | 266.48 | −0.117% | $116K | $953K | 25x | as long as short |
SunX BCH-USDT
HTX BCH-USDT
Phemex BCHUSDT
SoDEX BCH-USD
Coinbase International BCH-PERP-INTX
GRVT BCH_USDT_Perp
Nado BCH-PERP
MEXC BCH_USDT
Binance BCHUSDT
Extended BCH-USDShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni BCH | −0.0095% | 8h | 266.60 | −0.073% | $82K | $201K | — | as long as short |
| Gate BCH_USDT | −0.0090% | 8h | 266.49 | −0.113% | $8.3M | $13.3M | 75x | as long as short |
| OKX BCH-USDT-SWAP | −0.0068% | 8h | 266.40 | −0.147% | $25.2M | $74.4M | 50x | as long as short |
| KuCoin BCHUSDTM | −0.0066% | 8h | 266.67 | −0.046% | $8.6M | $7.1M | 75x | as long as short |
| Bitget BCHUSDT | −0.0063% | 8h | 266.37 | −0.158% | $19.2M | $28.1M | 75x | as long as short |
| Bybit BCHUSDT | −0.0037% | 8h | 266.45 | −0.128% | $39.3M | $30.8M | 75x | as long as short |
| Kraken Futures PF_BCHUSD | −0.0031% | 1h | 266.83 | +0.014% | $856K | $3.0M | 50x | as long as short |
| BingX BCH-USDC | −0.0030% | 8h | 266.50 | −0.109% | — | $6.5M | — | as long as short |
| Deribit BCH_USDC-PERPETUAL | −0.0009% | 1h | 266.70 | −0.034% | $446K | $331K | 25x | as long as short |
| gTrade (Gains Network) BCH/USD | L −0.0004% / S +0.0007% | 1h | 266.74 | −0.019% | $15K | — | 150x | as long as short |
| dYdX BCH-USD | 0.0000% | 1h | 266.76 | −0.011% | $5K | $248 | 10x | as long as short |
| Kalshi KXBCHPERP | 0.0000% | 8h | 266.81 | +0.007% | $1.1M | $10.2M | 2.7x | as long as short |
| ApeX Omni BCHUSDT | +0.0008% | 1h | 266.95 | +0.059% | $97K | $227K | 50x | as long as short |
| BloFin BCH-USDT | +0.0015% | 8h | 266.65 | −0.053% | $3.9M | $4.2M | 50x | as long as short |
| Pacifica BCH | +0.0021% | 1h | 266.65 | −0.052% | $162K | $321K | 10x | as long as short |
| Injective BCH/USDC PERPshort | +0.0033% | 1h | 270.20 | +1.278% | $721 | $130K | 12x | |
| Orderly PERP_BCH_USDC | +0.0034% | 8h | 266.52 | −0.102% | $2K | $176 | 10x | as long as short |
| Lighter BCH | +0.0096% | 1h | 266.60 | −0.073% | $365K | $482K | 10x | as long as short |
| Hyperliquid BCH | +0.0100% | 1h | 266.69 | −0.038% | $5.7M | $4.7M | 10x | as long as short |
| Aster BCHUSDT | +0.0100% | 8h | 266.68 | −0.042% | $169K | $519K | 75x | as long as short |
| edgeX BCHUSDC | +0.0100% | 4h | 266.60 | −0.072% | $19K | $291K | 20x | as long as short |
| GMX BCH/USD [WBTC.b-USDC]long | L +0.0357% / S −0.0525% | 1h | 266.79 | long leg | $25K | — | 100x |
Variational Omni BCH
Gate BCH_USDT
OKX BCH-USDT-SWAP
KuCoin BCHUSDTM
Bitget BCHUSDT
Bybit BCHUSDT
Kraken Futures PF_BCHUSD
BingX BCH-USDC
Deribit BCH_USDC-PERPETUAL
gTrade (Gains Network) BCH/USD
dYdX BCH-USD
Kalshi KXBCHPERP
ApeX Omni BCHUSDT
BloFin BCH-USDT
Pacifica BCH
Orderly PERP_BCH_USDC
Lighter BCH
Hyperliquid BCH
Aster BCHUSDT
edgeX BCHUSDC