Funding you earn now, next payment 23:00 UTC+0.0318%/8h= +34.8% APRpaid last 24h +0.102%
Price spread now: GMX against OKX+0.026%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 +$10 a day on $10k at the current rate, and GMX is 0.026% dearer against OKX than usual: you sell high and buy low: +$3 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 | OKX INJ-USDT-SWAP | 7.7880 | 0.0100 | pay 0.0100% / 8h | 1h 30m | $6.4M | $20.1M | 50x |
| Short | GMX INJ/USD [WBTC.b-USDC] | 7.7900 | L +0.0354% / S −0.0418% | get 0.0052% / 1h | 30m 23s | $46K | — | 100x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX against OKX. 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
- $66.79
- Price spread: +0.026% → 0.000%
- $2.63
- Slippage, 4 orders
- no order book: not counted
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- $47.42
- Costs to cover
- 0.220%
- Break-even
- 2.0 days
Slippage unknown: OKX: live order book, 3 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 OKX live order book, 3 min ago | 1.28 bp | 12.6 bp −$13 | 28.4 bp −$284 | 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 | 7.7803 | −0.099% | — | — | 20x | as long as short |
| Deribit INJ_USDC-PERPETUAL | 0.0000% | 1h | 7.7829 | −0.065% | $7K | $23K | 25x | as long as short |
| gTrade (Gains Network) INJ/USD | L +0.0006% / S −0.0002% | 1h | 7.7877 | −0.003% | $3K | — | 150x | as long as short |
| dYdX INJ-USD | +0.0013% | 1h | 7.7773 | −0.138% | $90K | $7K | 5x | as long as short |
| Aevo INJ-PERP | +0.0096% | 1h | 7.7885 | +0.006% | $70K | $13K | 3x | as long as short |
| Orderly PERP_INJ_USDC | +0.0098% | 8h | 7.7900 | +0.026% | $38K | $63K | 10x | as long as short |
| Kraken Futures PF_INJUSD | +0.0099% | 1h | 7.7828 | −0.067% | $871K | $3.1M | 50x | as long as short |
| Aster INJUSDT | +0.0100% | 8h | 7.7887 | +0.009% | $156K | $440K | 20x | as long as short |
| Binance INJUSDT | +0.0100% | 8h | 7.7909 | +0.037% | $35.7M | $94.3M | 75x | as long as short |
| Bybit INJUSDT | +0.0100% | 8h | 7.7825 | −0.071% | $21.6M | $31.7M | 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-SWAPlong | +0.0100% | 8h | 7.7880 | long leg | $6.4M | $20.1M | 50x | |
| Gate INJ_USDT | +0.0100% | 8h | 7.7840 | −0.051% | $2.8M | $5.0M | 50x | as long as short |
| KuCoin INJUSDTM | +0.0100% | 8h | 7.7810 | −0.090% | $9.5M | $16.4M | 50x | as long as short |
| Bitget INJUSDT | +0.0100% | 8h | 7.7870 | −0.013% | $14.3M | $10.9M | 75x | as long as short |
| Variational Omni INJ | +0.0100% | 8h | 7.7825 | −0.070% | $272K | $157K | — | as long as short |
| ApeX Omni INJUSDT | +0.0100% | 1h | 7.7920 | +0.051% | $48K | $348K | 50x | as long as short |
| Extended INJ-USD | +0.0104% | 1h | 7.7815 | −0.084% | $118K | $460K | 10x | as long as short |
| BloFin INJ-USDT | +0.0220% | 8h | 7.7820 | −0.077% | $1.8M | $7.7M | 75x | as long as short |
| BingX INJ-USDT | +0.0271% | 8h | 7.7860 | −0.026% | — | $21.4M | — | as long as short |
| MEXC INJ_USDT | +0.0285% | 8h | 7.7880 | 0.000% | $31.6M | $22.9M | 300x | as long as short |
| GMX INJ/USD [WBTC.b-USDC]short | L +0.0354% / S −0.0418% | 1h | 7.7900 | +0.026% | $46K | — | 100x | |
| Coinbase International INJ-PERP-INTX | +0.0640% | 1h | 7.8270 | +0.501% | $383K | $714K | 50x | as long as short |
| Hyperliquid INJ | +0.0758% | 1h | 7.7924 | +0.056% | $26.5M | $9.6M | 5x | as long as short |
| Injective INJ/USDC PERP | +0.1367% | 1h | 7.8180 | +0.385% | $320K | $12.1M | 30x | as long as short |
OKX INJ-USDT-SWAP
GMX INJ/USD [WBTC.b-USDC]
Deribit INJ_USDC-PERPETUAL
gTrade (Gains Network) INJ/USD
Kraken Futures PF_INJUSD
Aster INJUSDT
Binance INJUSDT
Bybit INJUSDT
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