Funding you earn now, next payment 02:00 UTC+0.5083%/8h= +556.6% APRpaid last 24h +1.215%
Price spread now: BloFin against Injective+6.229%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+4.814%+$481 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$152 a day on $10k at the current rate, and BloFin is 6.229% dearer against Injective than usual: you sell high and buy low: +$623 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective GMX/USDC PERP | 7.6100 | −0.5000 | get 0.0625% / 1h | 48m 54s | $4K | $4K | 5.5x |
| Short | BloFin GMX-USDT | 8.0840 | 0.0083 | get 0.0083% / 8h | 6h 48m | $110K | $26K | 50x |
Injective GMX/USDC PERP
BloFin GMX-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- $1,067.46
- Price spread: +6.229% → 0.000%
- $622.86
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- $1,678.3
- Costs to cover
- 0.120%
- Break-even
- from the start
Slippage unknown: Injective: no order-book sample; BloFin: live order book, 1 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 Injective no order-book sample | — | — | — | — | — |
| Sell BloFin live order book, 1 min ago | 2.47 bp | 25.3 bp −$25 | 73.5 bp −$735 | doesn't fit | doesn't fit |
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.
GMX on 15 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 GMX/USDC PERPlong | −0.5000% | 1h | 7.6100 | long leg | $4K | $4K | 5.5x | |
| Kraken Futures PF_GMXUSD | −0.0545% | 1h | 8.0770 | +6.137% | $33K | $600 | 10x | as long as short |
| BloFin GMX-USDTshort | +0.0083% | 8h | 8.0840 | +6.229% | $110K | $26K | 50x | |
| Binance GMXUSDT | +0.0100% | 8h | 8.0690 | +6.031% | $2.3M | $1.9M | 50x | as long as short |
| Bybit GMXUSDT | +0.0100% | 8h | 8.0670 | +6.005% | $843K | $260K | 20x | as long as short |
| OKX GMX-USDT-SWAP | +0.0100% | 8h | 8.0720 | +6.071% | $297K | $527K | 20x | as long as short |
| Gate GMX_USDT | +0.0100% | 8h | 8.0520 | +5.808% | $199K | $78K | 33x | as long as short |
| MEXC GMX_USDT | +0.0100% | 8h | 8.0640 | +5.966% | $379K | $179K | 125x | as long as short |
| KuCoin GMXUSDTM | +0.0100% | 8h | 8.0880 | +6.281% | $182K | $37K | 30x | as long as short |
| Bitget GMXUSDT | +0.0100% | 8h | 8.0580 | +5.887% | $404K | $207K | 50x | as long as short |
Kraken Futures PF_GMXUSD
Binance GMXUSDT
Bybit GMXUSDT
OKX GMX-USDT-SWAP
Gate GMX_USDT
MEXC GMX_USDT
KuCoin GMXUSDTM
Bitget GMXUSDTShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX GMX-USDT | +0.0100% | 8h | 8.0690 | +6.032% | — | $2.3M | — | as long as short |
| Variational Omni GMX | +0.0100% | 8h | 8.0633 | +5.956% | $21K | $54K | — | as long as short |
| Hyperliquid GMX | +0.0305% | 1h | 8.0871 | +6.269% | $922K | $149K | 3x | as long as short |
| GMX GMX/USD [GMX-USDC] | L +0.0416% / S −0.0141% | 1h | 8.0752 | +6.113% | $396K | — | 100x | as long as short |
| Lighter GMX | +0.0424% | 1h | 8.0937 | +6.356% | $77K | $92K | 5x | as long as short |
BingX GMX-USDT
Variational Omni GMX
Hyperliquid GMX
GMX GMX/USD [GMX-USDC]
Lighter GMX