Funding you earn now, next payment 02:00 UTC+0.5100%/8h= +558.5% APRpaid last 24h +1.211%
Price spread now: Variational Omni against Injective+6.194%106s7-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—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$153 a day on $10k at the current rate, and Variational Omni is 6.194% dearer against Injective than usual: you sell high and buy low: +$619 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 106 seconds apart, so part of this spread may be the market moving, not a spread.
| 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 | 53m 27s | $4K | $4K | 5.5x |
| Short | Variational Omni GMX | 8.0283 | 0.0100 | get 0.0100% / 8h | 6h 53m | $21K | $54K | — |
Injective GMX/USDC PERP
Variational Omni GMXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni 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: +6.194% → 0.000%
- $619.39
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- $1,690.37
- Costs to cover
- 0.000%
- Break-even
- from the start
Slippage unknown: Injective: no order-book sample; Variational Omni: 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 Variational Omni no order-book sample | — | — | — | — | — |
Injective and Variational Omni: 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 | |
| Kraken Futures PF_GMXUSD | −0.0548% | 1h | 8.0319 | +6.242% | $33K | $600 | 10x | as long as short |
| Binance GMXUSDT | +0.0100% | 8h | 8.0499 | +6.481% | $2.3M | $1.9M | 50x | as long as short |
| Bybit GMXUSDT | +0.0100% | 8h | 8.0470 | +6.442% | $839K | $260K | 20x | as long as short |
| OKX GMX-USDT-SWAP | +0.0100% | 8h | 8.0410 | +6.362% | $295K | $524K | 20x | as long as short |
| Gate GMX_USDT | +0.0100% | 8h | 8.0240 | +6.138% | $198K | $78K | 33x | as long as short |
| MEXC GMX_USDT | +0.0100% | 8h | 8.0490 | +6.468% | $395K | $176K | 125x | as long as short |
| KuCoin GMXUSDTM | +0.0100% | 8h | 8.0810 | +6.892% | $183K | $37K | 30x | as long as short |
| Bitget GMXUSDT | +0.0100% | 8h | 8.0370 | +6.310% | $401K | $208K | 50x | as long as short |
| BingX GMX-USDT | +0.0100% | 8h | 8.0470 | +6.442% | — | $2.3M | — | 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 GMXUSDT
BingX GMX-USDTShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni GMXshort | +0.0100% | 8h | 8.0283 | +6.194% | $21K | $54K | — | |
| BloFin GMX-USDT | +0.0125% | 8h | 8.0620 | +6.640% | $110K | $26K | 50x | as long as short |
| Lighter GMX | +0.0168% | 1h | 8.0637 | +6.663% | $77K | $92K | 5x | as long as short |
| Hyperliquid GMX | +0.0182% | 1h | 8.0599 | +6.612% | $919K | $148K | 3x | as long as short |
| GMX GMX/USD [GMX-USDC] | L +0.0416% / S −0.0141% | 1h | 8.0436 | +6.397% | $394K | — | 100x | as long as short |
BloFin GMX-USDT
Lighter GMX
Hyperliquid GMX
GMX GMX/USD [GMX-USDC]