Funding you earn now, next payment 04:00 UTC+0.5100%/8h= +558.5% APRpaid last 24h +1.301%
Price spread now: Gate against Injective+6.481%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+4.874%+$487 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 +$153 a day on $10k at the current rate, and Gate is 6.481% dearer against Injective than usual: you sell high and buy low: +$648 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 | 7.5600 | −0.5000 | get 0.0625% / 1h | 30m 37s | $4K | $4K | 5.5x |
| Short | Gate GMX_USDT | 8.0500 | 0.0100 | get 0.0100% / 8h | 4h 30m | $198K | $73K | 33x |
Injective GMX/USDC PERP
Gate GMX_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- $1,071
- Price spread: +6.481% → 0.000%
- $648.15
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- $1,704.13
- Costs to cover
- 0.150%
- Break-even
- from the start
Slippage unknown: Injective: no order-book sample; Gate: live order book, 21 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 Gate live order book, 21 min ago | 5.61 bp | 378.4 bp −$378 | doesn't fit | 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 | 7.5600 | long leg | $4K | $4K | 5.5x | |
| BloFin GMX-USDT | +0.0080% | 8h | 8.0680 | +6.720% | $109K | $26K | 50x | as long as short |
| Binance GMXUSDT | +0.0100% | 8h | 8.0800 | +6.878% | $2.3M | $1.9M | 50x | as long as short |
| Bybit GMXUSDT | +0.0100% | 8h | 8.0740 | +6.799% | $832K | $246K | 20x | as long as short |
| OKX GMX-USDT-SWAP | +0.0100% | 8h | 8.0700 | +6.746% | $297K | $497K | 20x | as long as short |
| Gate GMX_USDTshort | +0.0100% | 8h | 8.0500 | +6.481% | $198K | $73K | 33x | |
| MEXC GMX_USDT | +0.0100% | 8h | 8.0830 | +6.918% | $379K | $177K | 125x | as long as short |
| KuCoin GMXUSDTM | +0.0100% | 8h | 8.0310 | +6.230% | $159K | $54K | 30x | as long as short |
| Bitget GMXUSDT | +0.0100% | 8h | 8.0770 | +6.839% | $419K | $207K | 50x | as long as short |
| BingX GMX-USDT | +0.0100% | 8h | 8.0660 | +6.693% | — | $2.3M | — | as long as short |
BloFin GMX-USDT
Binance GMXUSDT
Bybit GMXUSDT
OKX GMX-USDT-SWAP
MEXC GMX_USDT
KuCoin GMXUSDTM
Bitget GMXUSDT
BingX GMX-USDTShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni GMX | +0.0100% | 8h | 8.0656 | +6.688% | $21K | $54K | — | as long as short |
| Kraken Futures PF_GMXUSD | +0.0194% | 1h | 8.0632 | +6.655% | $33K | $463 | 10x | as long as short |
| Lighter GMX | +0.0280% | 1h | 8.0918 | +7.034% | $77K | $90K | 5x | as long as short |
| Hyperliquid GMX | +0.0390% | 1h | 8.0885 | +6.991% | $898K | $149K | 3x | as long as short |
| GMX GMX/USD [GMX-USDC] | L +0.0417% / S −0.0142% | 1h | 8.0613 | +6.630% | $395K | — | 100x | as long as short |
Variational Omni GMX
Kraken Futures PF_GMXUSD
Lighter GMX
Hyperliquid GMX
GMX GMX/USD [GMX-USDC]