Funding you earn now, next payment 06:00 UTC+0.0198%/8h= +21.7% APRnext payment +$0.25 per $10,000 · paid last 24h +0.123%
Price spread now: GMX against Deribit−0.005%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: +$6 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit INJ_USDC-PERPETUAL | 7.5752 | 0 | get 0.0000% / 1h | 57m 14s | $6K | $24K | 25x |
| Short | GMX INJ/USD [WBTC.b-USDC] | 7.5748 | L +0.0267% / S −0.0198% | get 0.0025% / 1h | 57m 14s | $29K | — | 100x |
Deribit INJ_USDC-PERPETUAL
GMX INJ/USD [WBTC.b-USDC]Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX against Deribit. 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
- $41.54
- Price spread: −0.005% → 0.000%
- −$0.5
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- $22.04
- Costs to cover
- 0.190%
- Break-even
- 3.3 days
Slippage unknown: Deribit: no order-book sample; 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 Deribit no order-book sample | — | — | — | — | — |
| Sell GMX no order-book sample | — | — | — | — | — |
Deribit and 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_INJUSD | −0.0214% | 1h | 7.5755 | +0.004% | $767K | $3.5M | 50x | as long as short |
| Reya INJRUSDPERP | −0.0200% | 1h | 7.5673 | −0.105% | — | — | 20x | as long as short |
| dYdX INJ-USD | 0.0000% | 1h | 7.5577 | −0.231% | $78K | $17K | 5x | as long as short |
| Deribit INJ_USDC-PERPETUALlong | 0.0000% | 1h | 7.5752 | long leg | $6K | $24K | 25x | |
| gTrade (Gains Network) INJ/USD | L +0.0007% / S −0.0027% | 1h | 7.5722 | −0.040% | $16K | — | 150x | as long as short |
| Aevo INJ-PERP | +0.0096% | 1h | 7.5676 | −0.100% | $68K | — | 3x | as long as short |
| Orderly PERP_INJ_USDC | +0.0100% | 8h | 7.5750 | −0.003% | $34K | $94K | 10x | as long as short |
| Hyperliquid INJ | +0.0100% | 1h | 7.5754 | +0.003% | $25.5M | $8.7M | 5x | as long as short |
| Aster INJUSDT | +0.0100% | 8h | 7.5716 | −0.047% | $138K | $418K | 20x | as long as short |
| Binance INJUSDT | +0.0100% | 8h | 7.5762 | +0.013% | $33.1M | $96.9M | 75x | as long as short |
Kraken Futures PF_INJUSD
Reya INJRUSDPERP
dYdX INJ-USD
gTrade (Gains Network) INJ/USD
Aevo INJ-PERP
Orderly PERP_INJ_USDC
Hyperliquid INJ
Aster INJUSDT
Binance INJUSDTShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit INJUSDT | +0.0100% | 8h | 7.5740 | −0.016% | $21.0M | $31.8M | 50x | as long as short |
| OKX INJ-USDT-SWAP | +0.0100% | 8h | 7.5780 | +0.037% | $6.2M | $18.6M | 50x | as long as short |
| Gate INJ_USDT | +0.0100% | 8h | 7.5690 | −0.082% | $2.6M | $5.2M | 50x | as long as short |
| KuCoin INJUSDTM | +0.0100% | 8h | 7.5730 | −0.029% | $9.4M | $17.8M | 50x | as long as short |
| Bitget INJUSDT | +0.0100% | 8h | 7.5670 | −0.108% | $13.9M | $10.2M | 75x | as long as short |
| Variational Omni INJ | +0.0100% | 8h | 7.5432 | −0.423% | $267K | $146K | — | as long as short |
| ApeX Omni INJUSDT | +0.0100% | 1h | 7.5410 | −0.451% | $45K | $270K | 50x | as long as short |
| Extended INJ-USD | +0.0104% | 1h | 7.5709 | −0.056% | $112K | $560K | 10x | as long as short |
| BloFin INJ-USDT | +0.0220% | 8h | 7.5750 | −0.003% | $1.6M | $5.8M | 75x | as long as short |
| BingX INJ-USDT | +0.0248% | 8h | 7.5630 | −0.161% | — | $20.9M | — | as long as short |
| MEXC INJ_USDT | +0.0261% | 8h | 7.5770 | +0.024% | $30.0M | $19.9M | 300x | as long as short |
| GMX INJ/USD [WBTC.b-USDC]short | L +0.0267% / S −0.0198% | 1h | 7.5748 | −0.005% | $29K | — | 100x | |
| Coinbase International INJ-PERP-INTX | +0.0480% | 1h | 7.5730 | −0.029% | $365K | $620K | 50x | as long as short |
| Injective INJ/USDC PERP | +0.1029% | 1h | 7.5740 | −0.016% | $316K | $12.1M | 30x | as long as short |
Bybit INJUSDT
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
Coinbase International INJ-PERP-INTX
Injective INJ/USDC PERP