Funding you earn now, next payment 22:00 UTC−0.0288%/8h= −31.6% APRpaid last 24h −0.065%
Price spread now: Bitget against GMX−0.038%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 −$9 a day on $10k at the current rate, and Bitget is 0.038% cheaper against GMX than usual: you would sell low and buy high (−$4 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 | GMX INJ/USD [WBTC.b-USDC] | 7.7059 | L +0.0388% / S −0.0466% | pay 0.0049% / 1h | 45m 46s | $47K | — | 100x |
| Short | Bitget INJUSDT | 7.7030 | 0.0100 | get 0.0100% / 8h | 2h 45m | $14.1M | $10.9M | 75x |
GMX INJ/USD [WBTC.b-USDC]
Bitget INJUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against GMX. 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
- −$60.58
- Price spread: −0.038% → 0.000%
- −$3.76
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$88.34
- Costs to cover
- 0.240%
- Break-even
- never at this rate
Slippage unknown: GMX: no order-book sample; Bitget: live order book, 3 min ago. 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 GMX no order-book sample | — | — | — | — | — |
| Sell Bitget live order book, 3 min ago | 0.65 bp | 12.9 bp −$13 | 20.6 bp −$206 | 94.1 bp −$9,409 | doesn't fit |
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 | 7.7007 | −0.068% | — | — | 20x | as long as short |
| dYdX INJ-USD | 0.0000% | 1h | 7.7040 | −0.025% | $89K | $10K | 5x | as long as short |
| Deribit INJ_USDC-PERPETUAL | 0.0000% | 1h | 7.7079 | +0.026% | $7K | $23K | 25x | as long as short |
| gTrade (Gains Network) INJ/USD | L +0.0006% / S −0.0002% | 1h | 7.7045 | −0.018% | $3K | — | 150x | as long as short |
| Variational Omni INJ | +0.0072% | 8h | 7.7025 | −0.044% | $270K | $155K | — | as long as short |
| Kraken Futures PF_INJUSD | +0.0079% | 1h | 7.7066 | +0.010% | $891K | $3.2M | 50x | as long as short |
| Aevo INJ-PERP | +0.0096% | 1h | 7.7040 | −0.025% | $70K | $13K | 3x | as long as short |
| Orderly PERP_INJ_USDC | +0.0096% | 8h | 7.7060 | +0.001% | $38K | $65K | 10x | as long as short |
| Aster INJUSDT | +0.0100% | 8h | 7.7042 | −0.022% | $152K | $440K | 20x | as long as short |
| Binance INJUSDT | +0.0100% | 8h | 7.7077 | +0.023% | $35.2M | $95.1M | 75x | as long as short |
Reya INJRUSDPERP
dYdX INJ-USD
Deribit INJ_USDC-PERPETUAL
gTrade (Gains Network) INJ/USD
Variational Omni INJ
Kraken Futures PF_INJUSD
Aevo INJ-PERP
Orderly PERP_INJ_USDC
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 | 7.7000 | −0.076% | $21.5M | $31.8M | 50x | as long as short |
| OKX INJ-USDT-SWAP | +0.0100% | 8h | 7.7020 | −0.051% | $6.3M | $20.3M | 50x | as long as short |
| Gate INJ_USDT | +0.0100% | 8h | 7.7000 | −0.076% | $2.7M | $5.0M | 50x | as long as short |
| KuCoin INJUSDTM | +0.0100% | 8h | 7.7050 | −0.012% | $9.4M | $16.1M | 50x | as long as short |
| Bitget INJUSDTshort | +0.0100% | 8h | 7.7030 | −0.038% | $14.1M | $10.9M | 75x | |
| ApeX Omni INJUSDT | +0.0100% | 1h | 7.7030 | −0.038% | $47K | $347K | 50x | as long as short |
| Extended INJ-USD | +0.0104% | 1h | 7.7069 | +0.014% | $117K | $460K | 10x | as long as short |
| BloFin INJ-USDT | +0.0220% | 8h | 7.6990 | −0.089% | $1.8M | $7.7M | 75x | as long as short |
| BingX INJ-USDT | +0.0271% | 8h | 7.7040 | −0.025% | — | $21.4M | — | as long as short |
| MEXC INJ_USDT | +0.0285% | 8h | 7.7080 | +0.027% | $32.1M | $23.4M | 300x | as long as short |
| GMX INJ/USD [WBTC.b-USDC]long | L +0.0388% / S −0.0466% | 1h | 7.7059 | long leg | $47K | — | 100x | |
| Coinbase International INJ-PERP-INTX | +0.0688% | 1h | 7.7130 | +0.092% | $381K | $689K | 50x | as long as short |
| Hyperliquid INJ | +0.0691% | 1h | 7.7208 | +0.193% | $26.1M | $9.0M | 5x | as long as short |
| Injective INJ/USDC PERP | +0.1499% | 1h | 7.7650 | +0.767% | $318K | $12.1M | 30x | as long as short |
Bybit INJUSDT
OKX INJ-USDT-SWAP
Gate INJ_USDT
KuCoin INJUSDTM
ApeX Omni INJUSDT
Extended INJ-USD
BloFin INJ-USDT
BingX INJ-USDT
MEXC INJ_USDT
Coinbase International INJ-PERP-INTX
Hyperliquid INJ
Injective INJ/USDC PERP