Funding you earn now, next payment 02:00 UTC+0.0232%/8h= +25.4% APRnext payment +$0.29 per $10,000 · paid last 24h +0.223%
Price spread now: GMX against Injective+0.777%57s7-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 GMX is 0.777% dearer against Injective than usual: you sell high and buy low: +$78 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 57 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 | Injective OKB/USDC PERP | 123.18 | 0.0033 | pay 0.0004% / 1h | 50m 16s | $25 | $304K | 5.5x |
| Short | GMX OKB/USD [ETH-USDC] | 124.14 | L +0.0270% / S −0.0266% | get 0.0033% / 1h | 50m 16s | $3K | — | 100x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX against Injective. 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
- $48.77
- Price spread: +0.777% → 0.000%
- $77.74
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- $114.49
- Costs to cover
- 0.120%
- Break-even
- from the start
Slippage unknown: Injective: 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 Injective no order-book sample | — | — | — | — | — |
| Sell GMX no order-book sample | — | — | — | — | — |
Injective 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.
OKB on 10 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster OKBUSDT | −0.6002% | 1h | 122.35 | −0.675% | $49K | $25K | 5x | as long as short |
| Injective OKB/USDC PERPlong | +0.0033% | 1h | 123.18 | long leg | $25 | $304K | 5.5x | |
| BingX OKB-USDT | +0.0036% | 4h | 124.19 | +0.820% | — | $2.8M | — | as long as short |
| Bybit OKBUSDT | +0.0100% | 4h | 124.30 | +0.909% | $2.6M | $974K | 25x | as long as short |
| OKX OKB-USDT-SWAP | +0.0100% | 4h | 124.14 | +0.779% | $30.4M | $46.2M | 20x | as long as short |
| Gate OKB_USDT | +0.0100% | 8h | 124.25 | +0.869% | $1.5M | $664K | 25x | as long as short |
| MEXC OKB_USDT | +0.0100% | 4h | 124.18 | +0.812% | $1.2M | $456K | 25x | as long as short |
| Variational Omni OKB | +0.0100% | 4h | 124.23 | +0.853% | $55K | $39K | — | as long as short |
| HTX OKB-USDT | +0.0100% | 8h | 124.40 | +0.990% | $68K | $293K | 10x | as long as short |
| GMX OKB/USD [ETH-USDC]short | L +0.0270% / S −0.0266% | 1h | 124.14 | +0.777% | $3K | — | 100x |
Injective OKB/USDC PERP
GMX OKB/USD [ETH-USDC]
Aster OKBUSDT
BingX OKB-USDT
Bybit OKBUSDT
OKX OKB-USDT-SWAP
Gate OKB_USDT
MEXC OKB_USDT
Variational Omni OKB
HTX OKB-USDT