Funding you earn now, next payment 05:00 UTC−0.0267%/8h= −29.3% APRnext payment −$0.33 per $10,000 · paid last 24h −0.089%
Price spread now: dYdX against GMX−0.243%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 −$8 a day on $10k at the current rate, and dYdX is 0.243% cheaper against GMX than usual: you would sell low and buy high (−$24 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] | 7.6053 | L +0.0267% / S −0.0198% | pay 0.0033% / 1h | 53m 23s | $29K | — | 100x |
| Short | dYdX INJ-USD | 7.5868 | 0 | get 0.0000% / 1h | 53m 23s | $78K | $17K | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
dYdX 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
- −$56.11
- Price spread: −0.243% → 0.000%
- −$24.26
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- −$102.37
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: GMX: no order-book sample; dYdX: 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 dYdX no order-book sample | — | — | — | — | — |
GMX and dYdX: 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 | −0.0234% | 1h | 7.5767 | −0.376% | $801K | $3.5M | 50x | as long as short |
| Reya INJRUSDPERP | −0.0200% | 1h | 7.5945 | −0.141% | — | — | 20x | as long as short |
| dYdX INJ-USDshort | 0.0000% | 1h | 7.5868 | −0.243% | $78K | $17K | 5x | |
| Deribit INJ_USDC-PERPETUAL | 0.0000% | 1h | 7.5754 | −0.393% | $6K | $24K | 25x | as long as short |
| gTrade (Gains Network) INJ/USD | L +0.0006% / S −0.0002% | 1h | 7.6060 | +0.010% | $3K | — | 150x | as long as short |
| Aevo INJ-PERP | +0.0096% | 1h | 7.6059 | +0.008% | $69K | — | 3x | as long as short |
| Hyperliquid INJ | +0.0100% | 1h | 7.6016 | −0.048% | $25.7M | $8.8M | 5x | as long as short |
| Aster INJUSDT | +0.0100% | 8h | 7.5861 | −0.252% | $139K | $421K | 20x | as long as short |
| Binance INJUSDT | +0.0100% | 8h | 7.6039 | −0.018% | $33.4M | $97.8M | 75x | as long as short |
| Bybit INJUSDT | +0.0100% | 8h | 7.6060 | +0.010% | $21.1M | $32.3M | 50x | as long as short |
Show all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX INJ-USDT-SWAP | +0.0100% | 8h | 7.6050 | −0.004% | $6.1M | $19.5M | 50x | as long as short |
| Gate INJ_USDT | +0.0100% | 8h | 7.5940 | −0.148% | $2.7M | $5.2M | 50x | as long as short |
| KuCoin INJUSDTM | +0.0100% | 8h | 7.5920 | −0.174% | $9.4M | $17.6M | 50x | as long as short |
| Bitget INJUSDT | +0.0100% | 8h | 7.5930 | −0.161% | $13.9M | $10.5M | 75x | as long as short |
| Variational Omni INJ | +0.0100% | 8h | 7.5552 | −0.659% | $265K | $151K | — | as long as short |
| ApeX Omni INJUSDT | +0.0100% | 1h | 7.5730 | −0.424% | $45K | $271K | 50x | as long as short |
| Orderly PERP_INJ_USDC | +0.0100% | 8h | 7.6090 | +0.049% | $34K | $94K | 10x | as long as short |
| Extended INJ-USD | +0.0104% | 1h | 7.6018 | −0.046% | $113K | $364K | 10x | as long as short |
| BloFin INJ-USDT | +0.0220% | 8h | 7.5860 | −0.253% | $1.6M | $5.9M | 75x | as long as short |
| BingX INJ-USDT | +0.0248% | 8h | 7.6010 | −0.056% | — | $21.2M | — | as long as short |
| MEXC INJ_USDT | +0.0261% | 8h | 7.6000 | −0.069% | $30.0M | $21.3M | 300x | as long as short |
| GMX INJ/USD [WBTC.b-USDC]long | L +0.0267% / S −0.0198% | 1h | 7.6053 | long leg | $29K | — | 100x | |
| Coinbase International INJ-PERP-INTX | +0.0552% | 1h | 7.6010 | −0.056% | $369K | $620K | 50x | as long as short |
| Injective INJ/USDC PERP | +0.1172% | 1h | 7.6010 | −0.056% | $317K | $12.1M | 30x | as long as short |
GMX INJ/USD [WBTC.b-USDC]
Kraken Futures PF_INJUSD
Deribit INJ_USDC-PERPETUAL
gTrade (Gains Network) INJ/USD
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