Funding you earn now, next payment 02:00 UTC+0.0978%/8h= +107.1% APRnext payment +$1.22 per $10,000 · paid last 24h +0.320%
Price spread now: GMX against Injective−1.090%7-day average — · you buy dearer than you sell
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
Funding pays, the price is against you. GMX is 1.090% cheaper against Injective than usual: you would sell low and buy high (spread −1.090% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$109 on $10k: about 3.7 days of funding at the current rate (+$29 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective DOT/USDC PERP | 1.2020 | 0.0033 | pay 0.0004% / 1h | 54m 43s | $328 | $121K | 12x |
| Short | GMX DOT/USD [WBTC.b-USDC] | 1.1889 | L +0.0302% / S −0.1012% | get 0.0126% / 1h | 54m 43s | $22K | — | 100x |
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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $205.42
- Price spread: −1.090% → 0.000%
- −$108.99
- 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
- $84.42
- Costs to cover
- 0.120%
- Break-even
- 4.1 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| Leg | Half-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.
DOT on 29 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit DOT_USDC-PERPETUAL | −0.2014% | 1h | 1.1900 | −0.998% | $217K | $116K | 50x | as long as short |
| Reya DOTRUSDPERP | −0.0166% | 1h | 1.1888 | −1.097% | $257 | — | — | as long as short |
| Coinbase International DOT-PERP-INTX | −0.0024% | 1h | 1.1870 | −1.248% | $196K | $1.8M | 50x | as long as short |
| Backpack DOT_USDC_PERP | −0.0002% | 1h | 1.1869 | −1.256% | $95K | $129K | 10x | as long as short |
| dYdX DOT-USD | 0.0000% | 1h | 1.1898 | −1.014% | $143K | $6K | 10x | as long as short |
| gTrade (Gains Network) DOT/USD | L 0.0000% / S +0.0004% | 1h | 1.1889 | −1.087% | $5K | — | 150x | as long as short |
| OKX DOT-USDT-SWAP | +0.0017% | 8h | 1.1886 | −1.115% | $9.3M | $24.1M | 50x | as long as short |
| Injective DOT/USDC PERPlong | +0.0033% | 1h | 1.2020 | long leg | $328 | $121K | 12x | |
| KuCoin DOTUSDTM | +0.0076% | 8h | 1.1890 | −1.082% | $6.5M | $9.1M | 75x | as long as short |
| Lighter DOT | +0.0096% | 1h | 1.1896 | −1.034% | $240K | $597K | 10x | as long as short |
Show all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid DOT | +0.0100% | 1h | 1.1888 | −1.098% | $5.3M | $3.4M | 10x | as long as short |
| Aster DOTUSDT | +0.0100% | 8h | 1.1887 | −1.107% | $864K | $704K | 50x | as long as short |
| Binance DOTUSDT | +0.0100% | 8h | 1.1888 | −1.097% | $43.7M | $84.1M | 75x | as long as short |
| Bybit DOTUSDT | +0.0100% | 8h | 1.1885 | −1.123% | $24.5M | $18.8M | 75x | as long as short |
| Gate DOT_USDT | +0.0100% | 8h | 1.1890 | −1.082% | $6.7M | $11.2M | 75x | as long as short |
| MEXC DOT_USDT | +0.0100% | 8h | 1.1892 | −1.065% | $30.1M | $44.3M | 300x | as long as short |
| Bitget DOTUSDT | +0.0100% | 8h | 1.1890 | −1.082% | $22.7M | $14.7M | 75x | as long as short |
| BingX DOT-USDC | +0.0100% | 8h | 1.1885 | −1.123% | — | $1.3M | — | as long as short |
| Variational Omni DOT | +0.0100% | 8h | 1.1904 | −0.968% | $542K | $59K | — | as long as short |
| edgeX DOTUSDC | +0.0100% | 4h | 1.1969 | −0.428% | $35K | $333K | 20x | as long as short |
| GRVT DOT_USDT_Perp | +0.0100% | 8h | 1.1960 | −0.499% | $228K | $412K | 10x | as long as short |
| Orderly PERP_DOT_USDC | +0.0100% | 8h | 1.1880 | −1.165% | $8K | $23K | 10x | as long as short |
| SunX DOT-USDT | +0.0100% | 8h | 1.1907 | −0.940% | $2K | $1.3M | 20x | as long as short |
| HTX DOT-USDT | +0.0100% | 8h | 1.1889 | −1.090% | $247K | $223K | 75x | as long as short |
| Extended DOT-USD | +0.0104% | 1h | 1.1882 | −1.144% | $14K | $301K | 25x | as long as short |
| Kraken Futures PF_DOTUSD | +0.0198% | 1h | 1.1879 | −1.176% | $4.4M | $1.4M | 50x | as long as short |
| BloFin DOT-USDT | +0.0220% | 8h | 1.1867 | −1.273% | $2.2M | $788K | 75x | as long as short |
| GMX DOT/USD [WBTC.b-USDC]short | L +0.0302% / S −0.1012% | 1h | 1.1889 | −1.090% | $22K | — | 100x | |
| Phemex DOTUSDT | +0.0748% | 8h | 1.1900 | −0.998% | $2.2M | $2.1M | 50x | as long as short |
Injective DOT/USDC PERP
GMX DOT/USD [WBTC.b-USDC]
Deribit DOT_USDC-PERPETUAL
Coinbase International DOT-PERP-INTX
Backpack DOT_USDC_PERP
gTrade (Gains Network) DOT/USD
OKX DOT-USDT-SWAP
KuCoin DOTUSDTM
Lighter DOT
Hyperliquid DOT
Aster DOTUSDT
Binance DOTUSDT
Bybit DOTUSDT
Gate DOT_USDT
MEXC DOT_USDT
Bitget DOTUSDT
BingX DOT-USDC
Variational Omni DOT
edgeX DOTUSDC
GRVT DOT_USDT_Perp
SunX DOT-USDT
HTX DOT-USDT
Extended DOT-USD
Kraken Futures PF_DOTUSD
BloFin DOT-USDT
Phemex DOTUSDT