Settings8H · net · $10k
Funding arb · Price arb /

CC

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Alert: funding
Alert: spread
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
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 daysno price history on both exchanges yet
Together, before feesneeds 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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGMX CC/USD [WBTC.b-USDC]0.1167L +0.0447% / S −0.0241%pay 0.0056% / 1h52m 48s$43K50x
ShortInjective CC/USDC PERP0.1180−0.3024pay 0.0378% / 1h52m 48s$402$3K5.5x

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

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
LegHalf-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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective CC/USDC PERPshort−0.3024%1h0.1180+1.095%$402$3K5.5x
Bybit CCUSDT−0.0144%4h0.1167−0.045%$10.6M$3.8M25xas long as short
MEXC CC_USDT−0.0142%4h0.1167−0.053%$1.7M$323K100xas long as short
Paradex CC-USD-PERP+0.0097%8h0.1166−0.125%$1K5xas long as short
Hyperliquid CC+0.0100%1h0.1169+0.144%$5.5M$1.4M3xas long as short
Aster CCUSDT+0.0100%4h0.1168+0.096%$34K$32K20xas long as short
Binance CCUSDT+0.0100%4h0.1166−0.125%$11.0M$12.1M75xas long as short
OKX CC-USDT-SWAP+0.0100%4h0.1166−0.105%$2.5M$3.4M20xas long as short
Gate CC_USDT+0.0100%4h0.1167−0.062%$361K$216K50xas long as short
KuCoin CCUSDTM+0.0100%4h0.1168+0.024%$481K$122K50xas long as short
Show all 19 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget CCUSDT+0.0100%4h0.1167−0.036%$913K$772K20xas long as short
BingX CC-USDT+0.0100%4h0.1167−0.010%$6.6Mas long as short
Backpack CC_USDC_PERP+0.0100%1h0.1167−0.019%$15K$22K10xas long as short
Variational Omni CC+0.0100%4h0.1168+0.080%$594K$55Kas long as short
GRVT CC_USDT_Perp+0.0100%4h0.1168+0.040%$90K$2.4M10xas long as short
Derive CC-PERP+0.0100%1h0.1166−0.127%$6K$35K6.7xas long as short
BloFin CC-USDT+0.0340%4h0.1166−0.087%$596K$98K75xas long as short
GMX CC/USD [WBTC.b-USDC]longL +0.0447% / S −0.0241%1h0.1167long leg$43K50x
Lighter CC+0.0928%1h0.1172+0.427%$243K$160K5xas long as short