Funding you earn now, next payment 05:00 UTC−0.0167%/8h= −18.3% APRpaid last 24h −0.080%
Price spread now: Gate against GMX−0.044%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 −$5 a day on $10k at the current rate, and Gate is 0.044% 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] | 7.5663 | L +0.0267% / S −0.0198% | pay 0.0033% / 1h | 12m 08s | $29K | — | 100x |
| Short | Gate INJ_USDT | 7.5630 | 0.0100 | get 0.0100% / 8h | 3h 12m | $2.6M | $5.3M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$35.11
- Price spread: −0.044% → 0.000%
- −$4.42
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$66.53
- Costs to cover
- 0.270%
- Break-even
- never at this rate
Slippage unknown: GMX: no order-book sample; Gate: live order book, 1 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 Gate live order book, 1 min ago | 4.61 bp | 20.2 bp −$20 | 55.1 bp −$551 | doesn't fit | 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 | −0.0234% | 1h | 7.5671 | +0.010% | $778K | $3.4M | 50x | as long as short |
| Reya INJRUSDPERP | −0.0200% | 1h | 7.5660 | −0.004% | — | — | 20x | as long as short |
| dYdX INJ-USD | 0.0000% | 1h | 7.5862 | +0.263% | $78K | $17K | 5x | as long as short |
| Deribit INJ_USDC-PERPETUAL | 0.0000% | 1h | 7.5657 | −0.009% | $6K | $24K | 25x | as long as short |
| gTrade (Gains Network) INJ/USD | L +0.0007% / S −0.0027% | 1h | 7.5659 | −0.005% | $16K | — | 150x | as long as short |
| Aevo INJ-PERP | +0.0096% | 1h | 7.5625 | −0.051% | $68K | — | 3x | as long as short |
| Orderly PERP_INJ_USDC | +0.0100% | 8h | 7.5650 | −0.018% | $34K | $94K | 10x | as long as short |
| Hyperliquid INJ | +0.0100% | 1h | 7.5710 | +0.061% | $25.5M | $8.7M | 5x | as long as short |
| Aster INJUSDT | +0.0100% | 8h | 7.5678 | +0.019% | $138K | $419K | 20x | as long as short |
| Binance INJUSDT | +0.0100% | 8h | 7.5596 | −0.090% | $33.0M | $96.4M | 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 | 7.5586 | −0.102% | $21.0M | $31.8M | 50x | as long as short |
| OKX INJ-USDT-SWAP | +0.0100% | 8h | 7.5580 | −0.110% | $6.2M | $18.5M | 50x | as long as short |
| Gate INJ_USDTshort | +0.0100% | 8h | 7.5630 | −0.044% | $2.6M | $5.3M | 50x | |
| KuCoin INJUSDTM | +0.0100% | 8h | 7.5640 | −0.031% | $9.4M | $17.7M | 50x | as long as short |
| Bitget INJUSDT | +0.0100% | 8h | 7.5610 | −0.071% | $13.8M | $10.2M | 75x | as long as short |
| Variational Omni INJ | +0.0100% | 8h | 7.5872 | +0.275% | $267K | $144K | — | as long as short |
| ApeX Omni INJUSDT | +0.0100% | 1h | 7.6020 | +0.471% | $46K | $271K | 50x | as long as short |
| Extended INJ-USD | +0.0104% | 1h | 7.5648 | −0.021% | $115K | $403K | 10x | as long as short |
| BloFin INJ-USDT | +0.0220% | 8h | 7.5860 | +0.260% | $1.6M | $5.8M | 75x | as long as short |
| BingX INJ-USDT | +0.0248% | 8h | 7.5630 | −0.044% | — | $20.9M | — | as long as short |
| MEXC INJ_USDT | +0.0261% | 8h | 7.5660 | −0.005% | $29.7M | $21.5M | 300x | as long as short |
| GMX INJ/USD [WBTC.b-USDC]long | L +0.0267% / S −0.0198% | 1h | 7.5663 | long leg | $29K | — | 100x | |
| Coinbase International INJ-PERP-INTX | +0.0552% | 1h | 7.6070 | +0.537% | $368K | $619K | 50x | as long as short |
| Injective INJ/USDC PERP | +0.1172% | 1h | 7.6180 | +0.683% | $318K | $12.1M | 30x | as long as short |
GMX INJ/USD [WBTC.b-USDC]
Gate INJ_USDT
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
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