Funding you earn now, next payment 04:00 UTC−0.3470%/8h= −380.0% APRnext payment −$4.34 per $10,000 · paid last 24h −1.246%
Price spread now: Injective against GMX+1.095%7-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 1.095% dearer against GMX than usual: you sell high and buy low (spread +1.095% now, against zero (this spread has no 7-day history yet)): +$109 on $10k if it goes back. Holding the pair costs −$104 a day in funding at the current rate, which eats that in about 25 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX CC/USD [WBTC.b-USDC] | 0.1167 | L +0.0447% / S −0.0241% | pay 0.0056% / 1h | 52m 48s | $43K | — | 50x |
| Short | Injective CC/USDC PERP | 0.1180 | −0.3024 | pay 0.0378% / 1h | 52m 48s | $402 | $3K | 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$728.8
- Price spread: +1.095% → 0.000%
- $109.49
- 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
- −$631.33
- 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.
CC on 19 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective CC/USDC PERPshort | −0.3024% | 1h | 0.1180 | +1.095% | $402 | $3K | 5.5x | |
| Bybit CCUSDT | −0.0144% | 4h | 0.1167 | −0.045% | $10.6M | $3.8M | 25x | as long as short |
| MEXC CC_USDT | −0.0142% | 4h | 0.1167 | −0.053% | $1.7M | $323K | 100x | as long as short |
| Paradex CC-USD-PERP | +0.0097% | 8h | 0.1166 | −0.125% | $1K | — | 5x | as long as short |
| Hyperliquid CC | +0.0100% | 1h | 0.1169 | +0.144% | $5.5M | $1.4M | 3x | as long as short |
| Aster CCUSDT | +0.0100% | 4h | 0.1168 | +0.096% | $34K | $32K | 20x | as long as short |
| Binance CCUSDT | +0.0100% | 4h | 0.1166 | −0.125% | $11.0M | $12.1M | 75x | as long as short |
| OKX CC-USDT-SWAP | +0.0100% | 4h | 0.1166 | −0.105% | $2.5M | $3.4M | 20x | as long as short |
| Gate CC_USDT | +0.0100% | 4h | 0.1167 | −0.062% | $361K | $216K | 50x | as long as short |
| KuCoin CCUSDTM | +0.0100% | 4h | 0.1168 | +0.024% | $481K | $122K | 50x | as long as short |
Show all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget CCUSDT | +0.0100% | 4h | 0.1167 | −0.036% | $913K | $772K | 20x | as long as short |
| BingX CC-USDT | +0.0100% | 4h | 0.1167 | −0.010% | — | $6.6M | — | as long as short |
| Backpack CC_USDC_PERP | +0.0100% | 1h | 0.1167 | −0.019% | $15K | $22K | 10x | as long as short |
| Variational Omni CC | +0.0100% | 4h | 0.1168 | +0.080% | $594K | $55K | — | as long as short |
| GRVT CC_USDT_Perp | +0.0100% | 4h | 0.1168 | +0.040% | $90K | $2.4M | 10x | as long as short |
| Derive CC-PERP | +0.0100% | 1h | 0.1166 | −0.127% | $6K | $35K | 6.7x | as long as short |
| BloFin CC-USDT | +0.0340% | 4h | 0.1166 | −0.087% | $596K | $98K | 75x | as long as short |
| GMX CC/USD [WBTC.b-USDC]long | L +0.0447% / S −0.0241% | 1h | 0.1167 | long leg | $43K | — | 50x | |
| Lighter CC | +0.0928% | 1h | 0.1172 | +0.427% | $243K | $160K | 5x | as long as short |
GMX CC/USD [WBTC.b-USDC]
Injective CC/USDC PERP
Bybit CCUSDT
MEXC CC_USDT
Paradex CC-USD-PERP
Hyperliquid CC
Aster CCUSDT
Binance CCUSDT
OKX CC-USDT-SWAP
Gate CC_USDT
KuCoin CCUSDTM
Bitget CCUSDT
BingX CC-USDT
Backpack CC_USDC_PERP
Variational Omni CC
GRVT CC_USDT_Perp
Derive CC-PERP
BloFin CC-USDT
Lighter CC