Funding you earn now, next payment 09:00 UTC+0.0344%/8h= +37.7% APRnext payment +$0.43 per $10,000 · paid last 24h +0.090%
Price spread now: GMX against dYdX−0.262%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 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
Funding pays, the price is against you. GMX is 0.262% cheaper against dYdX than usual: you would sell low and buy high (spread −0.262% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$26 on $10k: about 2.5 days of funding at the current rate (+$10 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | dYdX INJ-USD | 7.7727 | 0 | get 0.0000% / 1h | 55m 35s | $80K | $17K | 5x |
| Short | GMX INJ/USD [WBTC.b-USDC] | 7.7524 | L +0.0326% / S −0.0344% | get 0.0043% / 1h | 55m 35s | $40K | — | 100x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX against dYdX. 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
- $72.22
- Price spread: −0.262% → 0.000%
- −$26.19
- Slippage, 4 orders
- no order book: not counted
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- $24.03
- Costs to cover
- 0.220%
- Break-even
- 4.7 days
Slippage unknown: dYdX: 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 dYdX no order-book sample | — | — | — | — | — |
| Sell GMX no order-book sample | — | — | — | — | — |
dYdX 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 | |
|---|---|---|---|---|---|---|---|---|
| Reya INJRUSDPERP | −0.0200% | 1h | 7.7543 | −0.237% | — | — | 20x | as long as short |
| dYdX INJ-USDlong | 0.0000% | 1h | 7.7727 | long leg | $80K | $17K | 5x | |
| gTrade (Gains Network) INJ/USD | L +0.0007% / S −0.0022% | 1h | 7.7521 | −0.266% | $18K | — | 150x | as long as short |
| Aevo INJ-PERP | +0.0096% | 1h | 7.7535 | −0.247% | $70K | — | 3x | as long as short |
| Orderly PERP_INJ_USDC | +0.0100% | 8h | 7.7570 | −0.202% | $34K | $83K | 10x | as long as short |
| Aster INJUSDT | +0.0100% | 8h | 7.7489 | −0.307% | $149K | $445K | 20x | as long as short |
| Binance INJUSDT | +0.0100% | 8h | 7.7491 | −0.304% | $34.4M | $103.7M | 75x | as long as short |
| Bybit INJUSDT | +0.0100% | 8h | 7.7440 | −0.370% | $21.5M | $32.8M | 50x | as long as short |
| OKX INJ-USDT-SWAP | +0.0100% | 8h | 7.7490 | −0.305% | $6.1M | $20.9M | 50x | as long as short |
| Gate INJ_USDT | +0.0100% | 8h | 7.7410 | −0.408% | $2.7M | $5.8M | 50x | as long as short |
Show all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin INJUSDTM | +0.0100% | 8h | 7.7440 | −0.370% | $8.6M | $18.7M | 50x | as long as short |
| Bitget INJUSDT | +0.0100% | 8h | 7.7390 | −0.434% | $14.2M | $11.9M | 75x | as long as short |
| Variational Omni INJ | +0.0100% | 8h | 7.7492 | −0.302% | $275K | $144K | — | as long as short |
| ApeX Omni INJUSDT | +0.0100% | 1h | 7.7480 | −0.318% | $46K | $266K | 50x | as long as short |
| Extended INJ-USD | +0.0104% | 1h | 7.7471 | −0.330% | $120K | $645K | 10x | as long as short |
| BloFin INJ-USDT | +0.0220% | 8h | 7.7750 | +0.029% | $1.6M | $5.8M | 75x | as long as short |
| BingX INJ-USDT | +0.0248% | 8h | 7.7450 | −0.357% | — | $21.7M | — | as long as short |
| MEXC INJ_USDT | +0.0261% | 8h | 7.7490 | −0.305% | $31.4M | $20.7M | 300x | as long as short |
| Deribit INJ_USDC-PERPETUAL | +0.0318% | 1h | 7.7571 | −0.201% | $6K | $26K | 25x | as long as short |
| GMX INJ/USD [WBTC.b-USDC]short | L +0.0326% / S −0.0344% | 1h | 7.7524 | −0.262% | $40K | — | 100x | |
| Hyperliquid INJ | +0.0588% | 1h | 7.7538 | −0.243% | $26.0M | $8.8M | 5x | as long as short |
| Coinbase International INJ-PERP-INTX | +0.0680% | 1h | 7.7680 | −0.061% | $385K | $745K | 50x | as long as short |
| Kraken Futures PF_INJUSD | +0.0829% | 1h | 7.7612 | −0.149% | $825K | $3.7M | 50x | as long as short |
| Injective INJ/USDC PERP | +0.1302% | 1h | 7.8090 | +0.467% | $319K | $10.4M | 30x | as long as short |
GMX INJ/USD [WBTC.b-USDC]
gTrade (Gains Network) INJ/USD
Aster INJUSDT
Binance INJUSDT
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
Deribit INJ_USDC-PERPETUAL
Hyperliquid INJ
Coinbase International INJ-PERP-INTX
Kraken Futures PF_INJUSD
Injective INJ/USDC PERP