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+0.3265%/8h= +357.6% APRnext payment +$4.08 per $10,000 · paid last 24h +1.190%
Price spread now: GMX against Injective−1.083%7-day average · you buy dearer than you sell
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
Funding pays, the price is against you. GMX is 1.083% cheaper against Injective than usual: you would sell low and buy high (spread −1.083% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$108 on $10k: about 27 hours of funding at the current rate (+$98 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective CC/USDC PERP0.1180−0.3024get 0.0378% / 1h53m 17s$402$3K5.5x
ShortGMX CC/USD [WBTC.b-USDC]0.1167L +0.0447% / S −0.0241%get 0.0030% / 1h53m 17s$43K50x

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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$685.73
Price spread: −1.083% → 0.000%
−$108.31
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
$565.41
Costs to cover
0.120%
Break-even
1.2 days
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
LegHalf-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.

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 PERPlong−0.3024%1h0.1180long leg$402$3K5.5x
MEXC CC_USDT−0.0146%4h0.1166−1.186%$1.7M$323K100xas long as short
Bybit CCUSDT−0.0144%4h0.1167−1.110%$10.6M$3.8M25xas long as short
Paradex CC-USD-PERP+0.0098%8h0.1166−1.219%$1K5xas long as short
Hyperliquid CC+0.0100%1h0.1168−1.034%$5.5M$1.4M3xas long as short
Aster CCUSDT+0.0100%4h0.1168−1.020%$34K$32K20xas long as short
Binance CCUSDT+0.0100%4h0.1167−1.127%$11.0M$12.1M75xas long as short
OKX CC-USDT-SWAP+0.0100%4h0.1168−1.059%$2.5M$3.4M20xas long as short
Gate CC_USDT+0.0100%4h0.1166−1.203%$361K$216K50xas long as short
KuCoin CCUSDTM+0.0100%4h0.1167−1.085%$481K$122K50xas long as short
Show all 19 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget CCUSDT+0.0100%4h0.1166−1.178%$913K$772K20xas long as short
BingX CC-USDT+0.0100%4h0.1167−1.093%$6.6Mas long as short
Backpack CC_USDC_PERP+0.0100%1h0.1167−1.085%$15K$22K10xas long as short
Variational Omni CC+0.0100%4h0.1168−1.004%$594K$55Kas long as short
GRVT CC_USDT_Perp+0.0100%4h0.1168−1.043%$90K$2.4M10xas long as short
Derive CC-PERP+0.0100%1h0.1166−1.209%$6K$35K6.7xas long as short
BloFin CC-USDT+0.0340%4h0.1166−1.169%$596K$98K75xas long as short
GMX CC/USD [WBTC.b-USDC]shortL +0.0447% / S −0.0241%1h0.1167−1.083%$43K50x
Lighter CC+0.0928%1h0.1173−0.602%$243K$160K5xas long as short