Funding you earn now, next payment 23:00 UTC−0.0255%/8h= −27.9% APRpaid last 24h −0.094%
Price spread now: OKX against GMX+0.022%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
The price spread pays, funding is against you. OKX is 0.022% dearer against GMX than usual: you sell high and buy low (spread +0.022% now, against zero (this spread has no 7-day history yet)): +$2 on $10k if it goes back. Holding the pair costs −$8 a day in funding at the current rate, which eats that in about 7 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX INJ/USD [WBTC.b-USDC] | 7.8033 | L +0.0355% / S −0.0418% | pay 0.0044% / 1h | 29m 15s | $46K | — | 100x |
| Short | OKX INJ-USDT-SWAP | 7.8050 | 0.0100 | get 0.0100% / 8h | 1h 29m | $6.4M | $20.1M | 50x |
GMX INJ/USD [WBTC.b-USDC]
OKX INJ-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- −$53.48
- Price spread: +0.022% → 0.000%
- $2.23
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$73.25
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: GMX: no order-book sample; OKX: live order book, 4 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 OKX live order book, 4 min ago | 1.28 bp | 11.4 bp −$11 | 26.7 bp −$267 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Reya INJRUSDPERP | −0.0200% | 1h | 7.8013 | −0.025% | — | — | 20x | as long as short |
| Deribit INJ_USDC-PERPETUAL | 0.0000% | 1h | 7.8066 | +0.043% | $7K | $23K | 25x | as long as short |
| gTrade (Gains Network) INJ/USD | L +0.0006% / S −0.0002% | 1h | 7.8026 | −0.009% | $3K | — | 150x | as long as short |
| dYdX INJ-USD | +0.0013% | 1h | 7.7866 | −0.214% | $90K | $7K | 5x | as long as short |
| Aevo INJ-PERP | +0.0096% | 1h | 7.8030 | −0.003% | $71K | $13K | 3x | as long as short |
| Orderly PERP_INJ_USDC | +0.0098% | 8h | 7.8050 | +0.022% | $38K | $63K | 10x | as long as short |
| Kraken Futures PF_INJUSD | +0.0099% | 1h | 7.8087 | +0.069% | $873K | $3.1M | 50x | as long as short |
| Aster INJUSDT | +0.0100% | 8h | 7.8053 | +0.026% | $156K | $440K | 20x | as long as short |
| Binance INJUSDT | +0.0100% | 8h | 7.8060 | +0.035% | $35.8M | $94.3M | 75x | as long as short |
| Bybit INJUSDT | +0.0100% | 8h | 7.7990 | −0.055% | $21.6M | $31.7M | 50x | as long as short |
Reya INJRUSDPERP
Deribit INJ_USDC-PERPETUAL
gTrade (Gains Network) INJ/USD
dYdX INJ-USD
Aevo INJ-PERP
Orderly PERP_INJ_USDC
Kraken Futures PF_INJUSD
Aster INJUSDT
Binance INJUSDT
Bybit INJUSDTShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX INJ-USDT-SWAPshort | +0.0100% | 8h | 7.8050 | +0.022% | $6.4M | $20.1M | 50x | |
| Gate INJ_USDT | +0.0100% | 8h | 7.7990 | −0.055% | $2.8M | $5.0M | 50x | as long as short |
| KuCoin INJUSDTM | +0.0100% | 8h | 7.8000 | −0.042% | $9.5M | $16.5M | 50x | as long as short |
| Bitget INJUSDT | +0.0100% | 8h | 7.8020 | −0.016% | $14.3M | $10.9M | 75x | as long as short |
| Variational Omni INJ | +0.0100% | 8h | 7.7825 | −0.266% | $272K | $157K | — | as long as short |
| ApeX Omni INJUSDT | +0.0100% | 1h | 7.7920 | −0.144% | $48K | $348K | 50x | as long as short |
| Extended INJ-USD | +0.0104% | 1h | 7.8050 | +0.022% | $118K | $460K | 10x | as long as short |
| BloFin INJ-USDT | +0.0220% | 8h | 7.8050 | +0.022% | $1.8M | $7.7M | 75x | as long as short |
| BingX INJ-USDT | +0.0271% | 8h | 7.8030 | −0.003% | — | $21.4M | — | as long as short |
| MEXC INJ_USDT | +0.0285% | 8h | 7.8040 | +0.010% | $31.7M | $23.0M | 300x | as long as short |
| GMX INJ/USD [WBTC.b-USDC]long | L +0.0355% / S −0.0418% | 1h | 7.8033 | long leg | $46K | — | 100x | |
| Coinbase International INJ-PERP-INTX | +0.0640% | 1h | 7.8270 | +0.304% | $383K | $714K | 50x | as long as short |
| Hyperliquid INJ | +0.0753% | 1h | 7.8152 | +0.153% | $26.5M | $9.6M | 5x | as long as short |
| Injective INJ/USDC PERP | +0.1367% | 1h | 7.8140 | +0.138% | $320K | $12.1M | 30x | as long as short |
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
Hyperliquid INJ
Injective INJ/USDC PERP