Funding you earn now, next payment 22:00 UTC−0.2381%/8h= −260.8% APRnext payment −$2.98 per $10,000 · paid last 24h −0.076%
Price spread now: GMX against Injective+0.764%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. GMX is 0.764% dearer against Injective than usual: you sell high and buy low (spread +0.764% now, against zero (this spread has no 7-day history yet)): +$76 on $10k if it goes back. Holding the pair costs −$71 a day in funding at the current rate, which eats that in about 26 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective UNI/USDC PERP | 8.7900 | 0.2702 | pay 0.0338% / 1h | 35m 02s | $657 | $97K | 12x |
| Short | GMX UNI/USD [UNI-USDC] | 8.8572 | L +0.0379% / S −0.0320% | get 0.0040% / 1h | 35m 02s | $555K | — | 120x |
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
- −$500.09
- Price spread: +0.764% → 0.000%
- $76.41
- 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
- −$435.7
- 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.
UNI on 40 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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni UNI | −0.0185% | 8h | 8.8292 | +0.446% | $3.9M | $4.6M | — | as long as short |
| Bybit UNIUSDT | −0.0158% | 8h | 8.8600 | +0.796% | $102.4M | $104.4M | 75x | as long as short |
| 01 Exchange UNIUSD | 0.0000% | 1h | 8.8573 | +0.766% | $442 | — | 10x | as long as short |
| Deribit UNI_USDC-PERPETUAL | 0.0000% | 1h | 8.8616 | +0.814% | $553K | $125K | 50x | as long as short |
| gTrade (Gains Network) UNI/USD | L +0.0004% / S −0.0006% | 1h | 8.8561 | +0.752% | $80K | — | 150x | as long as short |
| OKX UNI-USDT-SWAP | +0.0014% | 8h | 8.8600 | +0.796% | $54.4M | $245.8M | 50x | as long as short |
| Paradex UNI-USD-PERP | +0.0100% | 8h | 8.8467 | +0.646% | $25K | — | 20x | as long as short |
| Nado UNI-PERP | +0.0100% | 1h | 8.8515 | +0.700% | $855K | $3.9M | 10x | as long as short |
| Aster UNIUSDT | +0.0100% | 8h | 8.8580 | +0.773% | $1.0M | $3.4M | 50x | as long as short |
| Pacifica UNI | +0.0100% | 1h | 8.8530 | +0.717% | $296K | $561K | 10x | as long as short |
Show all 40 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance UNIUSDT | +0.0100% | 8h | 8.8620 | +0.819% | $216.8M | $593.6M | 75x | as long as short |
| Arcus UNI-USD | +0.0100% | 1h | 8.8610 | +0.808% | $273K | $612K | 10x | as long as short |
| Gate UNI_USDT | +0.0100% | 8h | 8.8590 | +0.785% | $23.0M | $59.1M | 75x | as long as short |
| MEXC UNI_USDT | +0.0100% | 8h | 8.8570 | +0.762% | $42.9M | $24.5M | 200x | as long as short |
| KuCoin UNIUSDTM | +0.0100% | 8h | 8.8570 | +0.762% | $13.8M | $13.7M | 75x | as long as short |
| Bitget UNIUSDT | +0.0100% | 8h | 8.8590 | +0.785% | $32.0M | $41.0M | 75x | as long as short |
| BingX UNI-USDT | +0.0100% | 8h | 8.8580 | +0.774% | — | $49.9M | — | as long as short |
| Backpack UNI_USDC_PERP | +0.0100% | 1h | 8.8638 | +0.840% | $985K | $2.3M | 10x | as long as short |
| edgeX UNIUSDC | +0.0100% | 4h | 8.8350 | +0.512% | $166K | $342K | 20x | as long as short |
| GRVT UNI_USDT_Perp | +0.0100% | 8h | 8.8428 | +0.601% | $618K | $2.5M | 10x | as long as short |
| ApeX Omni UNIUSDT | +0.0100% | 1h | 8.8490 | +0.671% | $84K | $712K | 50x | as long as short |
| StandX UNI-USD | +0.0100% | 1h | 8.8380 | +0.546% | $105K | $3.2M | 20x | as long as short |
| Polymarket Perps UNI-USD | +0.0100% | 1h | 8.8562 | +0.753% | $87K | $323K | 10x | as long as short |
| Orderly PERP_UNI_USDC | +0.0100% | 8h | 8.8560 | +0.751% | $16K | $1.7M | 10x | as long as short |
| SunX UNI-USDT | +0.0100% | 8h | 8.8604 | +0.801% | $36K | $1.3M | 30x | as long as short |
| SoDEX UNI-USD | +0.0100% | 1h | 8.8549 | +0.738% | $25K | $661K | 10x | as long as short |
| HTX UNI-USDT | +0.0100% | 8h | 8.8587 | +0.782% | $723K | $4.3M | 75x | as long as short |
| Phemex UNIUSDT | +0.0100% | 8h | 8.8580 | +0.774% | $26.7M | $4.3M | 50x | as long as short |
| Extended UNI-USD | +0.0104% | 1h | 8.8585 | +0.779% | $298K | $1.4M | 25x | as long as short |
| Aevo UNI-PERP | +0.0104% | 1h | 8.8570 | +0.762% | $31K | $1K | 3x | as long as short |
| dYdX UNI-USD | +0.0108% | 1h | 8.8536 | +0.724% | $245K | $5K | 10x | as long as short |
| Coinbase International UNI-PERP-INTX | +0.0200% | 1h | 8.8470 | +0.648% | $1.0M | $5.3M | 50x | as long as short |
| BloFin UNI-USDT | +0.0220% | 8h | 8.8480 | +0.660% | $9.8M | $3.3M | 75x | as long as short |
| Kraken Futures PF_UNIUSD | +0.0268% | 1h | 8.8619 | +0.819% | $5.0M | $7.1M | 50x | as long as short |
| Hyperliquid UNI | +0.0321% | 1h | 8.8709 | +0.920% | $96.5M | $59.8M | 10x | as long as short |
| Reya UNIRUSDPERP | +0.0360% | 1h | 8.8524 | +0.709% | $16K | — | 20x | as long as short |
| GMX UNI/USD [UNI-USDC]short | L +0.0379% / S −0.0320% | 1h | 8.8572 | +0.764% | $555K | — | 120x | |
| Aftermath Perps UNIUSD | +0.0467% | 1h | 8.8490 | +0.671% | $1K | $50K | 10x | as long as short |
| Lighter UNI | +0.0528% | 1h | 8.8729 | +0.943% | $4.5M | $5.4M | 15x | as long as short |
| Injective UNI/USDC PERPlong | +0.2702% | 1h | 8.7900 | long leg | $657 | $97K | 12x |
Injective UNI/USDC PERP
GMX UNI/USD [UNI-USDC]
Variational Omni UNI
Bybit UNIUSDT
01 Exchange UNIUSD
Deribit UNI_USDC-PERPETUAL
gTrade (Gains Network) UNI/USD
OKX UNI-USDT-SWAP
Paradex UNI-USD-PERP
Aster UNIUSDT
Pacifica UNI
Binance UNIUSDT
Gate UNI_USDT
MEXC UNI_USDT
KuCoin UNIUSDTM
Bitget UNIUSDT
BingX UNI-USDT
Backpack UNI_USDC_PERP
edgeX UNIUSDC
GRVT UNI_USDT_Perp
ApeX Omni UNIUSDT
StandX UNI-USD
Polymarket Perps UNI-USD
SunX UNI-USDT
SoDEX UNI-USD
HTX UNI-USDT
Phemex UNIUSDT
Extended UNI-USD
Coinbase International UNI-PERP-INTX
BloFin UNI-USDT
Kraken Futures PF_UNIUSD
Hyperliquid UNI
Aftermath Perps UNIUSD
Lighter UNI