Funding you earn now, next payment 06:00 UTC−0.0047%/8h= −5.1% APRpaid last 24h −0.027%
Price spread now: BloFin against GMX+0.064%51s7-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 pays, funding is against you. BloFin is 0.064% dearer against GMX than usual: you sell high and buy low (spread +0.064% now, against zero (this spread has no 7-day history yet)): +$6 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 4.5 days. The two prices were read 51 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX INJ/USD [WBTC.b-USDC] | 7.5242 | L +0.0267% / S −0.0198% | pay 0.0033% / 1h | 36m 23s | $29K | — | 100x |
| Short | BloFin INJ-USDT | 7.5290 | 0.0220 | get 0.0220% / 8h | 2h 36m | $1.6M | $5.6M | 75x |
GMX INJ/USD [WBTC.b-USDC]
BloFin INJ-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- −$9.84
- Price spread: +0.064% → 0.000%
- $6.36
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$27.49
- Costs to cover
- 0.240%
- Break-even
- never at this rate
Slippage unknown: GMX: no order-book sample; BloFin: live order book, 2 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 BloFin live order book, 2 min ago | 2.00 bp | 15.1 bp −$15 | 32.6 bp −$326 | 162.1 bp −$16.2K | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_INJUSD | −0.0215% | 1h | 7.5318 | +0.101% | $763K | $3.5M | 50x | as long as short |
| Reya INJRUSDPERP | −0.0200% | 1h | 7.5249 | +0.008% | — | — | 20x | as long as short |
| dYdX INJ-USD | 0.0000% | 1h | 7.5249 | +0.010% | $78K | $17K | 5x | as long as short |
| gTrade (Gains Network) INJ/USD | L +0.0007% / S −0.0027% | 1h | 7.5278 | +0.048% | $16K | — | 150x | as long as short |
| Deribit INJ_USDC-PERPETUAL | +0.0069% | 1h | 7.5295 | +0.070% | $6K | $24K | 25x | as long as short |
| Aevo INJ-PERP | +0.0096% | 1h | 7.5259 | +0.022% | $68K | — | 3x | as long as short |
| Orderly PERP_INJ_USDC | +0.0100% | 8h | 7.5270 | +0.037% | $34K | $94K | 10x | as long as short |
| Hyperliquid INJ | +0.0100% | 1h | 7.5347 | +0.139% | $25.3M | $8.7M | 5x | as long as short |
| Aster INJUSDT | +0.0100% | 8h | 7.5298 | +0.074% | $138K | $418K | 20x | as long as short |
| Binance INJUSDT | +0.0100% | 8h | 7.5289 | +0.063% | $32.8M | $97.3M | 75x | as long as short |
Kraken Futures PF_INJUSD
Reya INJRUSDPERP
dYdX INJ-USD
gTrade (Gains Network) INJ/USD
Deribit INJ_USDC-PERPETUAL
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 | 7.5260 | +0.024% | $20.8M | $31.5M | 50x | as long as short |
| OKX INJ-USDT-SWAP | +0.0100% | 8h | 7.5270 | +0.037% | $6.1M | $18.6M | 50x | as long as short |
| Gate INJ_USDT | +0.0100% | 8h | 7.5280 | +0.050% | $2.6M | $5.2M | 50x | as long as short |
| KuCoin INJUSDTM | +0.0100% | 8h | 7.5280 | +0.050% | $8.5M | $18.0M | 50x | as long as short |
| Bitget INJUSDT | +0.0100% | 8h | 7.5260 | +0.024% | $13.8M | $10.3M | 75x | as long as short |
| Variational Omni INJ | +0.0100% | 8h | 7.5233 | −0.013% | $268K | $149K | — | as long as short |
| ApeX Omni INJUSDT | +0.0100% | 1h | 7.5120 | −0.162% | $45K | $270K | 50x | as long as short |
| Extended INJ-USD | +0.0104% | 1h | 7.5269 | +0.036% | $112K | $562K | 10x | as long as short |
| BloFin INJ-USDTshort | +0.0220% | 8h | 7.5290 | +0.064% | $1.6M | $5.6M | 75x | |
| BingX INJ-USDT | +0.0248% | 8h | 7.5290 | +0.064% | — | $20.7M | — | as long as short |
| MEXC INJ_USDT | +0.0261% | 8h | 7.5290 | +0.064% | $29.8M | $20.0M | 300x | as long as short |
| GMX INJ/USD [WBTC.b-USDC]long | L +0.0267% / S −0.0198% | 1h | 7.5242 | long leg | $29K | — | 100x | |
| Coinbase International INJ-PERP-INTX | +0.0480% | 1h | 7.5450 | +0.276% | $370K | $634K | 50x | as long as short |
| Injective INJ/USDC PERP | +0.1029% | 1h | 7.5480 | +0.316% | $315K | $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
BingX INJ-USDT
MEXC INJ_USDT
Coinbase International INJ-PERP-INTX
Injective INJ/USDC PERP