Funding you earn now, next payment 07:00 UTC−0.0233%/8h= −25.5% APRnext payment −$0.29 per $10,000 · paid last 24h −0.499%
Price spread now: Injective against GMX+0.368%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 0.368% dearer against GMX than usual: you sell high and buy low (spread +0.368% now, against zero (this spread has no 7-day history yet)): +$37 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 5.3 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX DYDX/USD [WBTC.b-USDC] | 0.1357 | L +0.0187% / S −0.0526% | pay 0.0023% / 1h | 59m 19s | $920 | — | 100x |
| Short | Injective DYDX/USDC PERP | 0.1362 | −0.0045 | pay 0.0006% / 1h | 59m 19s | $6K | $48K | 12x |
GMX DYDX/USD [WBTC.b-USDC]
Injective DYDX/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
- −$48.83
- Price spread: +0.368% → 0.000%
- $36.77
- 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
- −$24.08
- 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.
DYDX on 21 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 DYDX/USDC PERPshort | −0.0045% | 1h | 0.1362 | +0.368% | $6K | $48K | 12x | |
| BloFin DYDX-USDT | +0.0083% | 8h | 0.1359 | +0.147% | $292K | $15K | 75x | as long as short |
| Lighter DYDX | +0.0096% | 1h | 0.1357 | −0.023% | $60K | $48K | 5x | as long as short |
| Hyperliquid DYDX | +0.0100% | 1h | 0.1360 | +0.228% | $2.1M | $715K | 5x | as long as short |
| Aster DYDXUSDT | +0.0100% | 8h | 0.1357 | −0.036% | $6K | $12K | 5x | as long as short |
| Binance DYDXUSDT | +0.0100% | 8h | 0.1358 | +0.037% | $5.3M | $8.6M | 75x | as long as short |
| Bybit DYDXUSDT | +0.0100% | 8h | 0.1356 | −0.060% | $4.6M | $2.4M | 75x | as long as short |
| OKX DYDX-USDT-SWAP | +0.0100% | 8h | 0.1358 | +0.080% | $2.1M | $3.2M | 20x | as long as short |
| Gate DYDX_USDT | +0.0100% | 8h | 0.1357 | −0.001% | $381K | $430K | 75x | as long as short |
| MEXC DYDX_USDT | +0.0100% | 8h | 0.1357 | −0.001% | $2.9M | $787K | 125x | as long as short |
BloFin DYDX-USDT
Lighter DYDX
Hyperliquid DYDX
Aster DYDXUSDT
Binance DYDXUSDT
Bybit DYDXUSDT
OKX DYDX-USDT-SWAP
Gate DYDX_USDT
MEXC DYDX_USDTShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin DYDXUSDTM | +0.0100% | 8h | 0.1358 | +0.073% | $2.3M | $3.6M | 50x | as long as short |
| Bitget DYDXUSDT | +0.0100% | 8h | 0.1358 | +0.073% | $1.4M | $1.0M | 10x | as long as short |
| BingX DYDX-USDT | +0.0100% | 8h | 0.1357 | −0.001% | — | $3.0M | — | as long as short |
| Extended DYDX-USD | +0.0104% | 1h | 0.1357 | +0.025% | $4K | $122K | 10x | as long as short |
| Aevo DYDX-PERP | +0.0104% | 1h | 0.1360 | +0.220% | $49K | — | 3x | as long as short |
| GMX DYDX/USD [WBTC.b-USDC]long | L +0.0187% / S −0.0526% | 1h | 0.1357 | long leg | $920 | — | 100x | |
| Deribit DYDX_USDC-PERPETUAL | +0.0487% | 1h | 0.1357 | −0.001% | — | — | 25x | as long as short |
| Arcus DYDX-USD | +0.0562% | 1h | 0.1360 | +0.220% | $53K | $20K | 5x | as long as short |
| Coinbase International DYDX-PERP-INTX | +0.0888% | 1h | 0.1361 | +0.294% | $17K | $34K | 50x | as long as short |
| Kraken Futures PF_DYDXUSD | +0.1029% | 1h | 0.1357 | −0.028% | $310K | $355K | 20x | as long as short |
| dYdX DYDX-USD | +0.5553% | 1h | 0.1355 | −0.131% | $77K | $2K | 5x | as long as short |
KuCoin DYDXUSDTM
Bitget DYDXUSDT
BingX DYDX-USDT
Extended DYDX-USD
Aevo DYDX-PERP
Deribit DYDX_USDC-PERPETUAL
Arcus DYDX-USD
Coinbase International DYDX-PERP-INTX
Kraken Futures PF_DYDXUSD
dYdX DYDX-USD