Funding you earn now, next payment 08:00 UTC+0.0244%/8h= +26.7% APRnext payment +$0.30 per $10,000 · paid last 24h −0.064%
Price spread now: Kraken Futures against GMX+0.088%7-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
Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Kraken Futures is 0.088% dearer against GMX than usual: you sell high and buy low: +$9 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX INJ/USD [WBTC.b-USDC] | 7.6613 | L +0.0325% / S −0.0344% | pay 0.0041% / 1h | 22m 37s | $40K | — | 100x |
| Short | Kraken Futures PF_INJUSD | 7.6680 | 0.0569 | get 0.0071% / 1h | 22m 37s | $809K | $3.6M | 50x |
GMX INJ/USD [WBTC.b-USDC]
Kraken Futures PF_INJUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures 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
- $51.18
- Price spread: +0.088% → 0.000%
- $8.76
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $37.94
- Costs to cover
- 0.220%
- Break-even
- 1.8 days
Slippage unknown: GMX: no order-book sample; Kraken Futures: 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 Kraken Futures live order book, 1 min ago | 5.21 bp | 15.0 bp −$15 | 35.7 bp −$357 | 395.4 bp −$39.5K | 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 | |
|---|---|---|---|---|---|---|---|---|
| Reya INJRUSDPERP | −0.0200% | 1h | 7.6478 | −0.176% | — | — | 20x | as long as short |
| dYdX INJ-USD | 0.0000% | 1h | 7.6637 | +0.032% | $79K | $17K | 5x | as long as short |
| gTrade (Gains Network) INJ/USD | L +0.0007% / S −0.0029% | 1h | 7.6631 | +0.024% | $16K | — | 150x | as long as short |
| Aevo INJ-PERP | +0.0096% | 1h | 7.6610 | −0.003% | $69K | — | 3x | as long as short |
| Orderly PERP_INJ_USDC | +0.0100% | 8h | 7.6610 | −0.003% | $34K | $83K | 10x | as long as short |
| Aster INJUSDT | +0.0100% | 8h | 7.6571 | −0.055% | $147K | $447K | 20x | as long as short |
| Binance INJUSDT | +0.0100% | 8h | 7.6561 | −0.068% | $33.9M | $102.8M | 75x | as long as short |
| Bybit INJUSDT | +0.0100% | 8h | 7.6503 | −0.143% | $21.2M | $32.6M | 50x | as long as short |
| OKX INJ-USDT-SWAP | +0.0100% | 8h | 7.6500 | −0.147% | $6.1M | $20.5M | 50x | as long as short |
| Gate INJ_USDT | +0.0100% | 8h | 7.6540 | −0.095% | $2.6M | $5.9M | 50x | as long as short |
Reya INJRUSDPERP
dYdX INJ-USD
gTrade (Gains Network) INJ/USD
Aevo INJ-PERP
Orderly PERP_INJ_USDC
Aster INJUSDT
Binance INJUSDT
Bybit INJUSDT
OKX INJ-USDT-SWAP
Gate INJ_USDTShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin INJUSDTM | +0.0100% | 8h | 7.6650 | +0.049% | $8.5M | $18.6M | 50x | as long as short |
| Bitget INJUSDT | +0.0100% | 8h | 7.6460 | −0.199% | $14.0M | $11.7M | 75x | as long as short |
| Variational Omni INJ | +0.0100% | 8h | 7.6491 | −0.159% | $272K | $144K | — | as long as short |
| ApeX Omni INJUSDT | +0.0100% | 1h | 7.6570 | −0.056% | $46K | $266K | 50x | as long as short |
| Extended INJ-USD | +0.0104% | 1h | 7.6576 | −0.048% | $114K | $642K | 10x | as long as short |
| BloFin INJ-USDT | +0.0220% | 8h | 7.6680 | +0.088% | $1.7M | $5.7M | 75x | as long as short |
| BingX INJ-USDT | +0.0248% | 8h | 7.6570 | −0.056% | — | $21.4M | — | as long as short |
| MEXC INJ_USDT | +0.0261% | 8h | 7.6600 | −0.016% | $30.4M | $20.8M | 300x | as long as short |
| GMX INJ/USD [WBTC.b-USDC]long | L +0.0325% / S −0.0344% | 1h | 7.6613 | long leg | $40K | — | 100x | |
| Hyperliquid INJ | +0.0437% | 1h | 7.6595 | −0.023% | $25.7M | $8.8M | 5x | as long as short |
| Deribit INJ_USDC-PERPETUAL | +0.0455% | 1h | 7.6646 | +0.044% | $6K | $26K | 25x | as long as short |
| Kraken Futures PF_INJUSDshort | +0.0569% | 1h | 7.6680 | +0.088% | $809K | $3.6M | 50x | |
| Coinbase International INJ-PERP-INTX | +0.0608% | 1h | 7.6760 | +0.192% | $387K | $712K | 50x | as long as short |
| Injective INJ/USDC PERP | +0.1548% | 1h | 7.7000 | +0.506% | $314K | $12.3M | 30x | as long as short |
KuCoin INJUSDTM
Bitget INJUSDT
Variational Omni INJ
ApeX Omni INJUSDT
Extended INJ-USD
BloFin INJ-USDT
BingX INJ-USDT
MEXC INJ_USDT
Hyperliquid INJ
Deribit INJ_USDC-PERPETUAL
Coinbase International INJ-PERP-INTX
Injective INJ/USDC PERP