Funding you earn now, next payment 04:00 UTC+0.0759%/8h= +83.1% APRnext payment +$0.95 per $10,000 · paid last 24h +0.169%
Price spread now: Injective against GMX+0.390%7-day average +0.166% · 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)+0.596%+$60 on $10k
+Price spread, last 4 days (all we have)−0.587%−$59 · spread now +0.390%, 7d avg +0.166%
=Both sides work for this trade now. Funding pays +$23 a day on $10k at the current rate, and Injective is 0.224% dearer against GMX than usual: you sell high and buy low: +$22 more if the spread goes back to its 7-day average of +0.166%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX DOGE/USD [ETH-USDC] | 0.09852 | L +0.0246% / S −0.0269% | pay 0.0031% / 1h | 48m 43s | $308K | — | 200x |
| Short | Injective DOGE/USDC PERP | 0.09890 | 0.1004 | get 0.0126% / 1h | 48m 43s | $5K | $239K | 12x |
GMX DOGE/USD [ETH-USDC]
Injective DOGE/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
- $159.32
- Price spread: +0.390% → +0.166%
- $22.39
- 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
- $169.68
- Costs to cover
- 0.120%
- Break-even
- from the start
Slippage unknown: GMX: no order-book sample; Injective: live order book, 10 min ago. 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 live order book, 10 min ago | 35.30 bp | 35.3 bp −$35 | doesn't fit | doesn't fit | doesn't fit |
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.
DOGE on 44 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget DOGEUSDT | −0.0061% | 8h | 0.09861 | +0.095% | $149.1M | $275.0M | 75x | as long as short |
| Kraken Futures PF_DOGEUSD | −0.0032% | 1h | 0.09858 | +0.061% | $5.7M | $35.4M | 50x | as long as short |
| Kalshi KXDOGEPERP | 0.0000% | 8h | 0.09855 | +0.037% | $431K | $5.2M | 2.8x | as long as short |
| Deribit DOGE_USDC-PERPETUAL | 0.0000% | 1h | 0.09853 | +0.009% | $589K | $118K | 25x | as long as short |
| dYdX DOGE-USD | +0.0001% | 1h | 0.09857 | +0.051% | $221K | $49K | 10x | as long as short |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S 0.0000% | 1h | 0.09851 | −0.008% | $23K | — | 150x | as long as short |
| Polymarket Perps DOGE-USD | +0.0019% | 1h | 0.09852 | +0.004% | $257K | $829K | 10x | as long as short |
| Katana Perps DOGE-USD | +0.0096% | 8h | 0.09869 | +0.177% | $2K | $448K | 10x | as long as short |
| Lighter DOGE | +0.0096% | 1h | 0.09866 | +0.144% | $744K | $6.2M | 15x | as long as short |
| Nado DOGE-PERP | +0.0100% | 1h | 0.09858 | +0.065% | $523K | $1.0M | 10x | as long as short |
Bitget DOGEUSDT
Kraken Futures PF_DOGEUSD
Kalshi KXDOGEPERP
Deribit DOGE_USDC-PERPETUAL
dYdX DOGE-USD
gTrade (Gains Network) DOGE/USD
Polymarket Perps DOGE-USD
Katana Perps DOGE-USD
Lighter DOGE
Nado DOGE-PERPShow all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster DOGEUSDT | +0.0100% | 8h | 0.09861 | +0.098% | $4.5M | $48.9M | 75x | as long as short |
| Pacifica DOGE | +0.0100% | 1h | 0.09863 | +0.112% | $320K | $482K | 20x | as long as short |
| Binance DOGEUSDT | +0.0100% | 8h | 0.09861 | +0.093% | $314.8M | $1.45B | 75x | as long as short |
| Bybit DOGEUSDT | +0.0100% | 8h | 0.09861 | +0.095% | $158.8M | $443.3M | 75x | as long as short |
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.09869 | +0.177% | $109.8M | $984.9M | 50x | as long as short |
| Bulk DOGE-USD | +0.0100% | 1h | 0.09930 | +0.796% | $381K | $0 | 10x | as long as short |
| Gate DOGE_USDT | +0.0100% | 8h | 0.09866 | +0.146% | $242.1M | $132.9M | 75x | as long as short |
| MEXC DOGE_USDT | +0.0100% | 8h | 0.09868 | +0.166% | $111.0M | $233.6M | 300x | as long as short |
| KuCoin DOGEUSDTM | +0.0100% | 8h | 0.09861 | +0.095% | $65.1M | $43.4M | 75x | as long as short |
| BingX DOGE-USDC | +0.0100% | 8h | 0.09859 | +0.075% | — | $3.5M | — | as long as short |
| Backpack DOGE_USDC_PERP | +0.0100% | 1h | 0.09851 | −0.006% | $309K | $1.1M | 15x | as long as short |
| Variational Omni DOGE | +0.0100% | 8h | 0.09868 | +0.164% | $979K | $8.1M | — | as long as short |
| edgeX DOGEUSDC | +0.0100% | 4h | 0.09908 | +0.569% | $295K | $129.1M | 20x | as long as short |
| GRVT DOGE_USDT_Perp | +0.0100% | 8h | 0.09916 | +0.650% | $624K | $4.4M | 10x | as long as short |
| ApeX Omni DOGEUSDT | +0.0100% | 1h | 0.09870 | +0.187% | $143K | $283K | 25x | as long as short |
| Orderly PERP_DOGE_USDC | +0.0100% | 8h | 0.09851 | −0.006% | $69K | $436K | 50x | as long as short |
| Derive DOGE-PERP | +0.0100% | 1h | 0.09850 | −0.021% | $24K | $1K | 10x | as long as short |
| SunX DOGE-USDT | +0.0100% | 8h | 0.09857 | +0.060% | $35K | $2.2M | 30x | as long as short |
| SoDEX DOGE-USD | +0.0100% | 1h | 0.09855 | +0.035% | $2K | $4.0M | 10x | as long as short |
| HTX DOGE-USDT | +0.0100% | 8h | 0.09849 | −0.025% | $5.9M | $57.1M | 75x | as long as short |
| Phemex DOGEUSDT | +0.0100% | 8h | 0.09857 | +0.055% | $90.6M | $16.5M | 50x | as long as short |
| Paradex DOGE-USD-PERP | +0.0101% | 8h | 0.09861 | +0.093% | $18K | $7K | 30x | as long as short |
| Extended DOGE-USD | +0.0104% | 1h | 0.09865 | +0.139% | $495K | $4.1M | 50x | as long as short |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.09851 | −0.010% | $19K | — | 3x | as long as short |
| 01 Exchange DOGEUSD | +0.0184% | 1h | 0.09875 | +0.233% | $526 | $4K | 10x | as long as short |
| Reya DOGERUSDPERP | +0.0188% | 1h | 0.09849 | −0.024% | $2K | — | 20x | as long as short |
| BloFin DOGE-USDT | +0.0220% | 8h | 0.09855 | +0.035% | $15.4M | $24.9M | 75x | as long as short |
| Phoenix DOGE | +0.0242% | 1h | 0.09913 | +0.622% | $64K | $288K | 10x | as long as short |
| GMX DOGE/USD [ETH-USDC]long | L +0.0246% / S −0.0269% | 1h | 0.09852 | long leg | $308K | — | 200x | |
| Hyperliquid DOGE | +0.0283% | 1h | 0.09870 | +0.184% | $120.1M | $100.1M | 10x | as long as short |
| Coinbase International DOGE-PERP-INTX | +0.0296% | 1h | 0.09860 | +0.085% | $2.3M | $26.5M | 50x | as long as short |
| Arcus DOGE-USD | +0.0690% | 1h | 0.09886 | +0.349% | $117K | $189K | 10x | as long as short |
| RISEx DOGE/USDC | +0.0695% | 1h | 0.09877 | +0.258% | $399K | $411K | 10x | as long as short |
| Injective DOGE/USDC PERPshort | +0.1004% | 1h | 0.09890 | +0.390% | $5K | $239K | 12x |
Aster DOGEUSDT
Pacifica DOGE
Binance DOGEUSDT
Bybit DOGEUSDT
OKX DOGE-USDT-SWAP
Bulk DOGE-USD
Gate DOGE_USDT
MEXC DOGE_USDT
KuCoin DOGEUSDTM
BingX DOGE-USDC
Backpack DOGE_USDC_PERP
Variational Omni DOGE
edgeX DOGEUSDC
GRVT DOGE_USDT_Perp
ApeX Omni DOGEUSDT
Orderly PERP_DOGE_USDC
Derive DOGE-PERP
SunX DOGE-USDT
SoDEX DOGE-USD
HTX DOGE-USDT
Phemex DOGEUSDT
Paradex DOGE-USD-PERP
Extended DOGE-USD
Aevo DOGE-PERP
01 Exchange DOGEUSD
Reya DOGERUSDPERP
BloFin DOGE-USDT
Phoenix DOGE
Hyperliquid DOGE
Coinbase International DOGE-PERP-INTX
Arcus DOGE-USD
RISEx DOGE/USDC