Funding you earn now, next payment 09:00 UTC+0.0244%/8h= +26.7% APRpaid last 24h +0.066%
Price spread now: GMX against KuCoin+0.183%149s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 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 GMX is 0.183% dearer against KuCoin than usual: you sell high and buy low: +$18 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 149 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin INJUSDTM | 7.7770 | 0.0100 | pay 0.0100% / 8h | 6h 59m | $8.6M | $18.5M | 50x |
| Short | GMX INJ/USD [WBTC.b-USDC] | 7.7912 | L +0.0326% / S −0.0344% | get 0.0043% / 1h | 59m 01s | $41K | — | 100x |
KuCoin INJUSDTM
GMX INJ/USD [WBTC.b-USDC]Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX against KuCoin. 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
- $51.22
- Price spread: +0.183% → 0.000%
- $18.26
- Slippage, 4 orders
- no order book: not counted
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- $45.48
- Costs to cover
- 0.240%
- Break-even
- 0.8 days
Slippage unknown: KuCoin: live order book, 10 min ago; GMX: 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 KuCoin live order book, 10 min ago | 3.20 bp | 24.1 bp −$24 | 57.5 bp −$575 | doesn't fit | doesn't fit |
| Sell GMX no order-book sample | — | — | — | — | — |
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 | 7.7758 | −0.015% | — | — | 20x | as long as short |
| gTrade (Gains Network) INJ/USD | L +0.0007% / S −0.0023% | 1h | 7.7888 | +0.152% | $18K | — | 150x | as long as short |
| dYdX INJ-USD | +0.0041% | 1h | 7.7822 | +0.067% | $80K | $15K | 5x | as long as short |
| Aevo INJ-PERP | +0.0096% | 1h | 7.7770 | 0.000% | $70K | — | 3x | as long as short |
| Orderly PERP_INJ_USDC | +0.0100% | 8h | 7.7800 | +0.039% | $35K | $72K | 10x | as long as short |
| Aster INJUSDT | +0.0100% | 8h | 7.7825 | +0.071% | $150K | $445K | 20x | as long as short |
| Binance INJUSDT | +0.0100% | 8h | 7.7840 | +0.090% | $34.6M | $101.6M | 75x | as long as short |
| Bybit INJUSDT | +0.0100% | 8h | 7.7790 | +0.026% | $21.4M | $31.8M | 50x | as long as short |
| OKX INJ-USDT-SWAP | +0.0100% | 8h | 7.7820 | +0.064% | $6.1M | $20.6M | 50x | as long as short |
| Gate INJ_USDT | +0.0100% | 8h | 7.7780 | +0.013% | $2.7M | $5.7M | 50x | as long as short |
Reya INJRUSDPERP
gTrade (Gains Network) INJ/USD
dYdX 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 INJUSDTMlong | +0.0100% | 8h | 7.7770 | long leg | $8.6M | $18.5M | 50x | |
| Bitget INJUSDT | +0.0100% | 8h | 7.7780 | +0.013% | $14.3M | $11.8M | 75x | as long as short |
| Variational Omni INJ | +0.0100% | 8h | 7.7881 | +0.142% | $277K | $143K | — | as long as short |
| ApeX Omni INJUSDT | +0.0100% | 1h | 7.7990 | +0.283% | $47K | $265K | 50x | as long as short |
| Extended INJ-USD | +0.0104% | 1h | 7.7818 | +0.062% | $116K | $642K | 10x | as long as short |
| BloFin INJ-USDT | +0.0220% | 8h | 7.7800 | +0.039% | $1.7M | $5.7M | 75x | as long as short |
| BingX INJ-USDT | +0.0248% | 8h | 7.7810 | +0.051% | — | $21.8M | — | as long as short |
| MEXC INJ_USDT | +0.0261% | 8h | 7.7800 | +0.039% | $31.2M | $20.8M | 300x | as long as short |
| GMX INJ/USD [WBTC.b-USDC]short | L +0.0326% / S −0.0344% | 1h | 7.7912 | +0.183% | $41K | — | 100x | |
| Deribit INJ_USDC-PERPETUAL | +0.0483% | 1h | 7.7821 | +0.066% | $5K | $15K | 25x | as long as short |
| Hyperliquid INJ | +0.0720% | 1h | 7.7928 | +0.203% | $26.2M | $8.6M | 5x | as long as short |
| Coinbase International INJ-PERP-INTX | +0.0736% | 1h | 7.8080 | +0.399% | $390K | $679K | 50x | as long as short |
| Kraken Futures PF_INJUSD | +0.1260% | 1h | 7.7984 | +0.276% | $863K | $3.7M | 50x | as long as short |
| Injective INJ/USDC PERP | +0.1415% | 1h | 7.7950 | +0.231% | $320K | $10.2M | 30x | as long as short |
Bitget INJUSDT
Variational Omni INJ
ApeX Omni INJUSDT
Extended INJ-USD
BloFin INJ-USDT
BingX INJ-USDT
MEXC INJ_USDT
Deribit INJ_USDC-PERPETUAL
Hyperliquid INJ
Coinbase International INJ-PERP-INTX
Kraken Futures PF_INJUSD
Injective INJ/USDC PERP