Funding you earn now, next payment 23:00 UTC+0.0318%/8h= +34.8% APRpaid last 24h +0.100%
Price spread now: GMX against Bybit−0.016%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
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$10 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit INJUSDT | 7.8240 | 0.0100 | pay 0.0100% / 8h | 1h 09m | $21.7M | $31.5M | 50x |
| Short | GMX INJ/USD [WBTC.b-USDC] | 7.8227 | L +0.0355% / S −0.0418% | get 0.0052% / 1h | 9m 18s | $46K | — | 100x |
Bybit INJUSDT
GMX INJ/USD [WBTC.b-USDC]Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX against Bybit. 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
- $66.79
- Price spread: −0.016% → 0.000%
- −$1.61
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- $42.19
- Costs to cover
- 0.230%
- Break-even
- 2.6 days
Slippage unknown: Bybit: live order book, 4 min ago; 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 Bybit live order book, 4 min ago | 0.64 bp | 9.3 bp −$9 | 47.4 bp −$474 | 158.0 bp −$15.8K | doesn't fit |
| Sell GMX no order-book sample | — | — | — | — | — |
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.
INJ on 24 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 | |
|---|---|---|---|---|---|---|---|---|
| Reya INJRUSDPERP | −0.0200% | 1h | 7.8164 | −0.097% | — | — | 20x | as long as short |
| Deribit INJ_USDC-PERPETUAL | 0.0000% | 1h | 7.8271 | +0.040% | $7K | $23K | 25x | as long as short |
| gTrade (Gains Network) INJ/USD | L +0.0006% / S −0.0002% | 1h | 7.8240 | 0.000% | $3K | — | 150x | as long as short |
| dYdX INJ-USD | +0.0008% | 1h | 7.8089 | −0.193% | $90K | $8K | 5x | as long as short |
| Aevo INJ-PERP | +0.0096% | 1h | 7.8245 | +0.006% | $71K | $13K | 3x | as long as short |
| Orderly PERP_INJ_USDC | +0.0099% | 8h | 7.8260 | +0.026% | $38K | $63K | 10x | as long as short |
| Kraken Futures PF_INJUSD | +0.0099% | 1h | 7.8042 | −0.253% | $870K | $3.0M | 50x | as long as short |
| Aster INJUSDT | +0.0100% | 8h | 7.8149 | −0.116% | $157K | $440K | 20x | as long as short |
| Binance INJUSDT | +0.0100% | 8h | 7.8230 | −0.012% | $35.7M | $93.6M | 75x | as long as short |
| Bybit INJUSDTlong | +0.0100% | 8h | 7.8240 | long leg | $21.7M | $31.5M | 50x |
Reya INJRUSDPERP
Deribit INJ_USDC-PERPETUAL
gTrade (Gains Network) INJ/USD
dYdX INJ-USD
Aevo INJ-PERP
Orderly PERP_INJ_USDC
Kraken Futures PF_INJUSD
Aster INJUSDT
Binance INJUSDTShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX INJ-USDT-SWAP | +0.0100% | 8h | 7.8250 | +0.013% | $6.4M | $20.1M | 50x | as long as short |
| Gate INJ_USDT | +0.0100% | 8h | 7.8210 | −0.038% | $2.8M | $5.0M | 50x | as long as short |
| KuCoin INJUSDTM | +0.0100% | 8h | 7.8200 | −0.051% | $9.5M | $16.5M | 50x | as long as short |
| Bitget INJUSDT | +0.0100% | 8h | 7.8220 | −0.026% | $14.4M | $10.7M | 75x | as long as short |
| Variational Omni INJ | +0.0100% | 8h | 7.7904 | −0.429% | $275K | $157K | — | as long as short |
| ApeX Omni INJUSDT | +0.0100% | 1h | 7.7960 | −0.358% | $48K | $348K | 50x | as long as short |
| Extended INJ-USD | +0.0104% | 1h | 7.8094 | −0.187% | $118K | $460K | 10x | as long as short |
| BloFin INJ-USDT | +0.0220% | 8h | 7.7980 | −0.332% | $1.8M | $7.7M | 75x | as long as short |
| BingX INJ-USDT | +0.0271% | 8h | 7.8250 | +0.013% | — | $21.4M | — | as long as short |
| MEXC INJ_USDT | +0.0285% | 8h | 7.8200 | −0.051% | $31.8M | $23.2M | 300x | as long as short |
| GMX INJ/USD [WBTC.b-USDC]short | L +0.0355% / S −0.0418% | 1h | 7.8227 | −0.016% | $46K | — | 100x | |
| Hyperliquid INJ | +0.0618% | 1h | 7.8308 | +0.087% | $26.6M | $9.5M | 5x | as long as short |
| Coinbase International INJ-PERP-INTX | +0.0640% | 1h | 7.8050 | −0.243% | $383K | $713K | 50x | as long as short |
| Injective INJ/USDC PERP | +0.1367% | 1h | 7.8260 | +0.026% | $320K | $12.1M | 30x | as long as short |
OKX INJ-USDT-SWAP
Gate INJ_USDT
KuCoin INJUSDTM
Bitget INJUSDT
Variational Omni INJ
ApeX Omni INJUSDT
Extended INJ-USD
BloFin INJ-USDT
BingX INJ-USDT
MEXC INJ_USDT
Hyperliquid INJ
Coinbase International INJ-PERP-INTX
Injective INJ/USDC PERP