Funding you earn now, next payment 05:00 UTC−0.0265%/8h= −29.0% APRnext payment −$0.33 per $10,000 · paid last 24h −0.089%
Price spread now: gTrade (Gains Network) against GMX−0.022%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 gTrade (Gains Network) is 0.022% cheaper against GMX than usual: you would sell low and buy high (−$2 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] | 7.6046 | L +0.0267% / S −0.0198% | pay 0.0033% / 1h | 50m 59s | $29K | — | 100x |
| Short | gTrade (Gains Network) INJ/USD | 7.6029 | L +0.0006% / S −0.0002% | get 0.0000% / 1h | 50m 59s | $3K | — | 150x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
gTrade (Gains Network) 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
- −$55.67
- Price spread: −0.022% → 0.000%
- −$2.21
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Net
- −$79.88
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: GMX: no order-book sample; gTrade (Gains Network): 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 gTrade (Gains Network) no order-book sample | — | — | — | — | — |
GMX and gTrade (Gains Network): 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 | −0.0233% | 1h | 7.6018 | −0.037% | $803K | $3.5M | 50x | as long as short |
| Reya INJRUSDPERP | −0.0200% | 1h | 7.6020 | −0.034% | — | — | 20x | as long as short |
| dYdX INJ-USD | 0.0000% | 1h | 7.6005 | −0.054% | $79K | $17K | 5x | as long as short |
| Deribit INJ_USDC-PERPETUAL | 0.0000% | 1h | 7.6022 | −0.032% | $6K | $24K | 25x | as long as short |
| gTrade (Gains Network) INJ/USDshort | L +0.0006% / S −0.0002% | 1h | 7.6029 | −0.022% | $3K | — | 150x | |
| Aevo INJ-PERP | +0.0096% | 1h | 7.5999 | −0.062% | $69K | — | 3x | as long as short |
| Hyperliquid INJ | +0.0100% | 1h | 7.6065 | +0.025% | $25.7M | $8.8M | 5x | as long as short |
| Aster INJUSDT | +0.0100% | 8h | 7.6034 | −0.016% | $140K | $421K | 20x | as long as short |
| Binance INJUSDT | +0.0100% | 8h | 7.6010 | −0.048% | $33.3M | $97.7M | 75x | as long as short |
| Bybit INJUSDT | +0.0100% | 8h | 7.5991 | −0.073% | $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 | 7.6010 | −0.048% | $6.1M | $19.4M | 50x | as long as short |
| Gate INJ_USDT | +0.0100% | 8h | 7.5990 | −0.074% | $2.7M | $5.2M | 50x | as long as short |
| KuCoin INJUSDTM | +0.0100% | 8h | 7.6000 | −0.061% | $9.4M | $17.6M | 50x | as long as short |
| Bitget INJUSDT | +0.0100% | 8h | 7.5970 | −0.100% | $13.9M | $10.5M | 75x | as long as short |
| Variational Omni INJ | +0.0100% | 8h | 7.6002 | −0.059% | $267K | $151K | — | as long as short |
| ApeX Omni INJUSDT | +0.0100% | 1h | 7.6010 | −0.048% | $46K | $271K | 50x | as long as short |
| Orderly PERP_INJ_USDC | +0.0100% | 8h | 7.6030 | −0.021% | $34K | $94K | 10x | as long as short |
| Extended INJ-USD | +0.0104% | 1h | 7.5990 | −0.074% | $113K | $364K | 10x | as long as short |
| BloFin INJ-USDT | +0.0220% | 8h | 7.5990 | −0.074% | $1.6M | $5.9M | 75x | as long as short |
| BingX INJ-USDT | +0.0248% | 8h | 7.6050 | +0.005% | — | $21.3M | — | as long as short |
| MEXC INJ_USDT | +0.0261% | 8h | 7.6010 | −0.048% | $30.0M | $21.3M | 300x | as long as short |
| GMX INJ/USD [WBTC.b-USDC]long | L +0.0267% / S −0.0198% | 1h | 7.6046 | long leg | $29K | — | 100x | |
| Coinbase International INJ-PERP-INTX | +0.0552% | 1h | 7.6210 | +0.215% | $370K | $622K | 50x | as long as short |
| Injective INJ/USDC PERP | +0.1172% | 1h | 7.6210 | +0.215% | $318K | $12.1M | 30x | as long as short |
GMX INJ/USD [WBTC.b-USDC]
gTrade (Gains Network) INJ/USD
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