Funding you earn now, next payment 12:00 UTC+0.0811%/8h= +88.8% APRnext payment +$1.01 per $10,000 · paid last 24h —
Price spread now: GMX against Reya+0.041%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work for this trade now. Funding pays +$24 a day on $10k at the current rate, and GMX is 0.041% dearer against Reya than usual: you sell high and buy low: +$4 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 | Reya INJRUSDPERP | 7.7070 | −0.0200 | get 0.0025% / 1h | 50m 19s | — | — | 20x |
| Short | GMX INJ/USD [WBTC.b-USDC] | 7.7101 | L +0.0428% / S −0.0611% | get 0.0076% / 1h | 50m 19s | $60K | — | 100x |
Reya INJRUSDPERP
GMX INJ/USD [WBTC.b-USDC]Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX against Reya. 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
- $170.23
- Price spread: +0.041% → 0.000%
- $4.14
- Slippage, 4 orders
- no order book: not counted
- Fee Reya: 3 bp × 2 orders
- −$6
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- $156.37
- Costs to cover
- 0.180%
- Break-even
- 0.6 days
Slippage unknown: Reya: no order-book sample; 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 Reya no order-book sample | — | — | — | — | — |
| Sell GMX no order-book sample | — | — | — | — | — |
Reya and 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 exchanges
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 INJRUSDPERPlong | −0.0200% | 1h | 7.7070 | long leg | — | — | 20x | |
| gTrade (Gains Network) INJ/USD | L +0.0008% / S −0.0024% | 1h | 7.7114 | +0.057% | $18K | — | 150x | as long as short |
| dYdX INJ-USD | +0.0030% | 1h | 7.6928 | −0.183% | $79K | $14K | 5x | as long as short |
| Deribit INJ_USDC-PERPETUAL | +0.0062% | 1h | 7.6955 | −0.149% | $5K | $10K | 25x | as long as short |
| Aevo INJ-PERP | +0.0096% | 1h | 7.7060 | −0.012% | $70K | — | 3x | as long as short |
| Orderly PERP_INJ_USDC | +0.0100% | 8h | 7.7080 | +0.014% | $34K | $72K | 10x | as long as short |
| Aster INJUSDT | +0.0100% | 8h | 7.7121 | +0.066% | $145K | $284K | 20x | as long as short |
| Binance INJUSDT | +0.0100% | 8h | 7.7141 | +0.093% | $34.3M | $94.4M | 75x | as long as short |
| Bybit INJUSDT | +0.0100% | 8h | 7.7020 | −0.064% | $21.0M | $29.2M | 50x | as long as short |
| OKX INJ-USDT-SWAP | +0.0100% | 8h | 7.7080 | +0.014% | $5.8M | $20.6M | 50x | as long as short |
gTrade (Gains Network) INJ/USD
dYdX INJ-USD
Deribit INJ_USDC-PERPETUAL
Aevo INJ-PERP
Orderly PERP_INJ_USDC
Aster INJUSDT
Binance INJUSDT
Bybit INJUSDT
OKX INJ-USDT-SWAPShow all 24 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate INJ_USDT | +0.0100% | 8h | 7.7090 | +0.026% | $2.7M | $5.2M | 50x | as long as short |
| KuCoin INJUSDTM | +0.0100% | 8h | 7.7100 | +0.039% | $8.5M | $17.7M | 50x | as long as short |
| Bitget INJUSDT | +0.0100% | 8h | 7.7040 | −0.038% | $14.2M | $10.7M | 75x | as long as short |
| Variational Omni INJ | +0.0100% | 8h | 7.6905 | −0.214% | $275K | $98K | — | as long as short |
| ApeX Omni INJUSDT | +0.0100% | 1h | 7.6940 | −0.168% | $46K | $263K | 50x | as long as short |
| Extended INJ-USD | +0.0104% | 1h | 7.6973 | −0.125% | $114K | $731K | 10x | as long as short |
| BloFin INJ-USDT | +0.0220% | 8h | 7.6960 | −0.142% | $1.6M | $5.2M | 75x | as long as short |
| BingX INJ-USDT | +0.0248% | 8h | 7.7100 | +0.039% | — | $21.3M | — | as long as short |
| MEXC INJ_USDT | +0.0261% | 8h | 7.7110 | +0.052% | $30.0M | $19.2M | 300x | as long as short |
| Hyperliquid INJ | +0.0421% | 1h | 7.7212 | +0.185% | $25.9M | $7.7M | 5x | as long as short |
| GMX INJ/USD [WBTC.b-USDC]short | L +0.0428% / S −0.0611% | 1h | 7.7101 | +0.041% | $60K | — | 100x | |
| Kraken Futures PF_INJUSD | +0.0547% | 1h | 7.7003 | −0.087% | $897K | $3.4M | 50x | as long as short |
| Coinbase International INJ-PERP-INTX | +0.0720% | 1h | 7.7020 | −0.064% | $388K | $643K | 50x | as long as short |
| Injective INJ/USDC PERP | +0.1353% | 1h | 7.7340 | +0.351% | $317K | $13.1M | 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
Hyperliquid INJ
Kraken Futures PF_INJUSD
Coinbase International INJ-PERP-INTX
Injective INJ/USDC PERP