Funding you earn now, next payment 05:00 UTC+0.0192%/8h= +21.0% APRnext payment +$0.24 per $10,000 · paid last 24h +0.091%
Price spread now: GMX against gTrade (Gains Network)+0.001%7-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—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 | gTrade (Gains Network) INJ/USD | 7.6358 | L +0.0006% / S −0.0002% | pay 0.0001% / 1h | 30m 08s | $3K | — | 150x |
| Short | GMX INJ/USD [WBTC.b-USDC] | 7.6359 | L +0.0268% / S −0.0198% | get 0.0025% / 1h | 30m 08s | $29K | — | 100x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX against gTrade (Gains Network). 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
- $40.29
- Price spread: +0.001% → 0.000%
- $0.14
- Slippage, 4 orders
- no order book: not counted
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- $18.43
- Costs to cover
- 0.220%
- Break-even
- 3.8 days
Slippage unknown: gTrade (Gains Network): 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 gTrade (Gains Network) no order-book sample | — | — | — | — | — |
| Sell GMX no order-book sample | — | — | — | — | — |
gTrade (Gains Network) 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 | −0.0232% | 1h | 7.6354 | −0.005% | $786K | $3.4M | 50x | as long as short |
| Reya INJRUSDPERP | −0.0200% | 1h | 7.6371 | +0.017% | — | — | 20x | as long as short |
| dYdX INJ-USD | 0.0000% | 1h | 7.6490 | +0.173% | $79K | $17K | 5x | as long as short |
| Deribit INJ_USDC-PERPETUAL | 0.0000% | 1h | 7.6360 | +0.003% | $6K | $24K | 25x | as long as short |
| gTrade (Gains Network) INJ/USDlong | L +0.0006% / S −0.0002% | 1h | 7.6358 | long leg | $3K | — | 150x | |
| Aevo INJ-PERP | +0.0096% | 1h | 7.6355 | −0.004% | $69K | — | 3x | as long as short |
| Orderly PERP_INJ_USDC | +0.0100% | 8h | 7.6360 | +0.003% | $34K | $94K | 10x | as long as short |
| Hyperliquid INJ | +0.0100% | 1h | 7.6368 | +0.014% | $25.8M | $8.8M | 5x | as long as short |
| Aster INJUSDT | +0.0100% | 8h | 7.6360 | +0.003% | $140K | $417K | 20x | as long as short |
| Binance INJUSDT | +0.0100% | 8h | 7.6305 | −0.069% | $33.4M | $96.2M | 75x | as long as short |
Show all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit INJUSDT | +0.0100% | 8h | 7.6270 | −0.115% | $21.3M | $31.6M | 50x | as long as short |
| OKX INJ-USDT-SWAP | +0.0100% | 8h | 7.6270 | −0.115% | $6.2M | $18.7M | 50x | as long as short |
| Gate INJ_USDT | +0.0100% | 8h | 7.6290 | −0.089% | $2.7M | $5.2M | 50x | as long as short |
| KuCoin INJUSDTM | +0.0100% | 8h | 7.6300 | −0.076% | $9.5M | $17.6M | 50x | as long as short |
| Bitget INJUSDT | +0.0100% | 8h | 7.6250 | −0.141% | $14.0M | $10.2M | 75x | as long as short |
| Variational Omni INJ | +0.0100% | 8h | 7.6552 | +0.254% | $269K | $144K | — | as long as short |
| ApeX Omni INJUSDT | +0.0100% | 1h | 7.6530 | +0.226% | $46K | $271K | 50x | as long as short |
| Extended INJ-USD | +0.0104% | 1h | 7.6347 | −0.014% | $113K | $359K | 10x | as long as short |
| BloFin INJ-USDT | +0.0220% | 8h | 7.6590 | +0.304% | $1.6M | $5.8M | 75x | as long as short |
| BingX INJ-USDT | +0.0248% | 8h | 7.6320 | −0.050% | — | $21.0M | — | as long as short |
| MEXC INJ_USDT | +0.0261% | 8h | 7.6330 | −0.036% | $30.0M | $21.4M | 300x | as long as short |
| GMX INJ/USD [WBTC.b-USDC]short | L +0.0268% / S −0.0198% | 1h | 7.6359 | +0.001% | $29K | — | 100x | |
| Coinbase International INJ-PERP-INTX | +0.0552% | 1h | 7.6700 | +0.448% | $371K | $620K | 50x | as long as short |
| Injective INJ/USDC PERP | +0.1172% | 1h | 7.6790 | +0.566% | $320K | $12.1M | 30x | as long as short |
gTrade (Gains Network) INJ/USD
GMX INJ/USD [WBTC.b-USDC]
Kraken Futures PF_INJUSD
Deribit INJ_USDC-PERPETUAL
Hyperliquid INJ
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
Coinbase International INJ-PERP-INTX
Injective INJ/USDC PERP