Funding you earn now, next payment 00:00 UTC−0.0214%/8h= −23.4% APRnext payment −$0.27 per $10,000 · paid last 24h −0.030%
Price spread now: GMX against Coinbase International−0.074%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
Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and GMX is 0.074% cheaper against Coinbase International than usual: you would sell low and buy high (−$7 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International INJ-PERP-INTX | 7.8400 | 0.0632 | pay 0.0079% / 1h | 12m 26s | $385K | $637K | 50x |
| Short | GMX INJ/USD [WBTC.b-USDC] | 7.8342 | L +0.0355% / S −0.0418% | get 0.0052% / 1h | 12m 26s | $46K | — | 100x |
Coinbase International INJ-PERP-INTX
GMX INJ/USD [WBTC.b-USDC]Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX against Coinbase International. 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
- −$44.93
- Price spread: −0.074% → 0.000%
- −$7.44
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- −$74.37
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: Coinbase International: live order book, 61 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 Coinbase International live order book, 61 min ago | 9.56 bp | 25.2 bp −$25 | 67.9 bp −$679 | doesn't fit | 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 | 7.8391 | −0.012% | — | — | 20x | as long as short |
| gTrade (Gains Network) INJ/USD | L +0.0006% / S −0.0002% | 1h | 7.8433 | +0.042% | $3K | — | 150x | as long as short |
| dYdX INJ-USD | +0.0036% | 1h | 7.8322 | −0.100% | $90K | $8K | 5x | as long as short |
| Aevo INJ-PERP | +0.0096% | 1h | 7.8348 | −0.066% | $71K | — | 3x | as long as short |
| Aster INJUSDT | +0.0100% | 8h | 7.8379 | −0.027% | $150K | $428K | 20x | as long as short |
| Binance INJUSDT | +0.0100% | 8h | 7.8470 | +0.089% | $35.8M | $92.9M | 75x | as long as short |
| Bybit INJUSDT | +0.0100% | 8h | 7.8410 | +0.013% | $22.0M | $31.2M | 50x | as long as short |
| OKX INJ-USDT-SWAP | +0.0100% | 8h | 7.8430 | +0.038% | $6.4M | $19.5M | 50x | as long as short |
| Gate INJ_USDT | +0.0100% | 8h | 7.8360 | −0.051% | $2.8M | $4.9M | 50x | as long as short |
| KuCoin INJUSDTM | +0.0100% | 8h | 7.8440 | +0.051% | $9.5M | $16.6M | 50x | as long as short |
Reya INJRUSDPERP
gTrade (Gains Network) INJ/USD
dYdX INJ-USD
Aevo INJ-PERP
Aster INJUSDT
Binance INJUSDT
Bybit INJUSDT
OKX INJ-USDT-SWAP
Gate INJ_USDT
KuCoin INJUSDTMShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget INJUSDT | +0.0100% | 8h | 7.8430 | +0.038% | $14.5M | $10.1M | 75x | as long as short |
| Variational Omni INJ | +0.0100% | 8h | 7.8073 | −0.417% | $278K | $155K | — | as long as short |
| ApeX Omni INJUSDT | +0.0100% | 1h | 7.8160 | −0.306% | $48K | $313K | 50x | as long as short |
| Orderly PERP_INJ_USDC | +0.0100% | 8h | 7.8360 | −0.051% | $38K | $66K | 10x | as long as short |
| Extended INJ-USD | +0.0104% | 1h | 7.8363 | −0.047% | $116K | $466K | 10x | as long as short |
| Deribit INJ_USDC-PERPETUAL | +0.0120% | 1h | 7.8379 | −0.027% | $6K | $24K | 25x | as long as short |
| Kraken Futures PF_INJUSD | +0.0195% | 1h | 7.8408 | +0.010% | $888K | $3.0M | 50x | as long as short |
| BloFin INJ-USDT | +0.0220% | 8h | 7.8380 | −0.026% | $1.8M | $7.3M | 75x | as long as short |
| BingX INJ-USDT | +0.0271% | 8h | 7.8440 | +0.051% | — | $21.4M | — | as long as short |
| MEXC INJ_USDT | +0.0285% | 8h | 7.8420 | +0.026% | $31.8M | $22.7M | 300x | as long as short |
| GMX INJ/USD [WBTC.b-USDC]short | L +0.0355% / S −0.0418% | 1h | 7.8342 | −0.074% | $46K | — | 100x | |
| Hyperliquid INJ | +0.0442% | 1h | 7.8508 | +0.138% | $26.5M | $8.9M | 5x | as long as short |
| Coinbase International INJ-PERP-INTXlong | +0.0632% | 1h | 7.8400 | long leg | $385K | $637K | 50x | |
| Injective INJ/USDC PERP | +0.1436% | 1h | 7.8420 | +0.026% | $327K | $12.1M | 30x | as long as short |
Bitget INJUSDT
Variational Omni INJ
ApeX Omni INJUSDT
Orderly PERP_INJ_USDC
Extended INJ-USD
Deribit INJ_USDC-PERPETUAL
Kraken Futures PF_INJUSD
BloFin INJ-USDT
BingX INJ-USDT
MEXC INJ_USDT
Hyperliquid INJ
Injective INJ/USDC PERP