INJ

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.0258%/8h= −28.3% APRnext payment −$0.32 per $10,000 · paid last 24h −0.108%

Price spread now: Deribit against GMX+0.110%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on GMX Short on Deribit

What this pair did over the last

the charts below follow

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. Deribit is 0.110% dearer against GMX than usual: you sell high and buy low (spread +0.110% now, against zero (this spread has no 7-day history yet)): +$11 on $10k if it goes back. Holding the pair costs −$8 a day in funding at the current rate, which eats that in about 34 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GMX INJ/USD [WBTC.b-USDC]	7.7901	L +0.0354% / S −0.0391%	pay 0.0044% / 1h	29m 24s	$47K	—	100x
Short	Deribit INJ_USDC-PERPETUAL	7.7987	0.0096	get 0.0012% / 1h	29m 24s	$7K	$23K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit against GMX. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee GMXbpFee DeribitbpOrdersPrice spread, now +0.110%Rate

Funding earned: −$54.18
Price spread: +0.110% → 0.000%: $11.05
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: −$62.13
Costs to cover: 0.190%
Break-even: never at this rate

Slippage unknown: GMX: no order-book sample; Deribit: 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 GMX no order-book sample	—	—	—	—	—
Sell Deribit no order-book sample	—	—	—	—	—

GMX and Deribit: 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	7.7879	−0.028%	—	—	20x	as long as short
dYdX INJ-USD	0.0000%	1h	7.7858	−0.056%	$90K	$10K	5x	as long as short
gTrade (Gains Network) INJ/USD	L +0.0006% / S −0.0002%	1h	7.7902	+0.002%	$3K	—	150x	as long as short
Variational Omni INJ	+0.0051%	8h	7.7672	−0.294%	$272K	$156K	—	as long as short
Kraken Futures PF_INJUSD	+0.0078%	1h	7.7968	+0.086%	$892K	$3.1M	50x	as long as short
Aevo INJ-PERP	+0.0096%	1h	7.7920	+0.024%	$70K	$13K	3x	as long as short
Deribit INJ_USDC-PERPETUALshort	+0.0096%	1h	7.7987	+0.110%	$7K	$23K	25x
Orderly PERP_INJ_USDC	+0.0097%	8h	7.7930	+0.037%	$38K	$65K	10x	as long as short
Aster INJUSDT	+0.0100%	8h	7.7899	−0.003%	$154K	$441K	20x	as long as short
Binance INJUSDT	+0.0100%	8h	7.7940	+0.050%	$35.5M	$94.8M	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	7.7870	−0.040%	$21.6M	$31.9M	50x	as long as short
OKX INJ-USDT-SWAP	+0.0100%	8h	7.7870	−0.040%	$6.4M	$20.4M	50x	as long as short
Gate INJ_USDT	+0.0100%	8h	7.7880	−0.027%	$2.8M	$5.1M	50x	as long as short
KuCoin INJUSDTM	+0.0100%	8h	7.7900	−0.001%	$9.5M	$16.2M	50x	as long as short
Bitget INJUSDT	+0.0100%	8h	7.7900	−0.001%	$14.3M	$10.9M	75x	as long as short
ApeX Omni INJUSDT	+0.0100%	1h	7.7650	−0.322%	$47K	$347K	50x	as long as short
Extended INJ-USD	+0.0104%	1h	7.7929	+0.037%	$118K	$460K	10x	as long as short
BloFin INJ-USDT	+0.0220%	8h	7.7800	−0.130%	$1.8M	$7.8M	75x	as long as short
BingX INJ-USDT	+0.0271%	8h	7.7890	−0.014%	—	$21.4M	—	as long as short
MEXC INJ_USDT	+0.0285%	8h	7.7930	+0.037%	$32.2M	$23.6M	300x	as long as short
GMX INJ/USD [WBTC.b-USDC]long	L +0.0354% / S −0.0391%	1h	7.7901	long leg	$47K	—	100x
Coinbase International INJ-PERP-INTX	+0.0688%	1h	7.8030	+0.166%	$387K	$699K	50x	as long as short
Hyperliquid INJ	+0.0736%	1h	7.8042	+0.181%	$26.4M	$9.1M	5x	as long as short
Injective INJ/USDC PERP	+0.1499%	1h	7.8120	+0.281%	$320K	$12.1M	30x	as long as short