Funding you earn now, next payment 04:00 UTC+0.0300%/8h= +32.9% APRnext payment +$0.38 per $10,000 · paid last 24h +0.049%
Price spread now: GMX against Injective+0.657%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 +$9 a day on $10k at the current rate, and GMX is 0.657% dearer against Injective than usual: you sell high and buy low: +$66 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 | Injective BRENT/USDC PERP | 96.571 | −0.0220 | get 0.0028% / 1h | 23m 22s | $8K | $7K | 30x |
| Short | GMX BRENTOIL/USD [ETH-USDC] | 97.205 | L +0.0202% / S −0.0080% | get 0.0010% / 1h | 23m 22s | $126K | — | 111x |
Injective BRENT/USDC PERP
GMX BRENTOIL/USD [ETH-USDC]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
- $63.01
- Price spread: +0.657% → 0.000%
- $65.65
- 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
- $116.64
- 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.
BZ on 31 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective BRENT/USDC PERPlong | −0.0220% | 1h | 96.571 | long leg | $8K | $7K | 30x | |
| Coinbase International BRENTOIL-PERP-INTX | −0.0096% | 1h | 97.240 | +0.693% | $234K | $437K | 15x | as long as short |
| Deribit BRENTOIL_USDC-PERPETUAL | −0.0059% | 1h | 97.210 | +0.662% | $104K | $232K | 15x | as long as short |
| Hotstuff BRENTOIL-PERP | −0.0008% | 1h | 97.240 | +0.693% | $34K | — | 20x | as long as short |
| Aster BZUSDT | 0.0000% | 4h | 97.220 | +0.672% | $338K | $954K | 50x | as long as short |
| Binance BZUSDT | 0.0000% | 4h | 97.210 | +0.662% | $147.0M | $370.0M | 100x | as long as short |
| Bybit BZUSDT | 0.0000% | 8h | 97.200 | +0.651% | $10.4M | $12.9M | 100x | as long as short |
| OKX BZ-USDT-SWAP | 0.0000% | 4h | 97.210 | +0.662% | $16.1M | $20.2M | 50x | as long as short |
| RISEx BZ/USDC | 0.0000% | 1h | 97.206 | +0.658% | $2.2M | $1.4M | 20x | as long as short |
| Gate BZ_USDT | 0.0000% | 8h | 97.160 | +0.610% | $9.2M | $12.2M | 100x | as long as short |
Coinbase International BRENTOIL-PERP-INTX
Deribit BRENTOIL_USDC-PERPETUAL
Hotstuff BRENTOIL-PERP
Aster BZUSDT
Binance BZUSDT
Bybit BZUSDT
OKX BZ-USDT-SWAP
RISEx BZ/USDC
Gate BZ_USDTShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget BZUSDT | 0.0000% | 4h | 97.220 | +0.672% | $27.6M | $16.5M | 100x | as long as short |
| Variational Omni BZ | 0.0000% | 4h | 97.167 | +0.617% | $9.4M | $6.8M | — | as long as short |
| GRVT BZ_USDT_Perp | 0.0000% | 4h | 97.210 | +0.662% | $28K | $352K | 25x | as long as short |
| SunX BRENTOIL-USDT | 0.0000% | 4h | 97.220 | +0.672% | $4K | $2.5M | 20x | as long as short |
| HTX BRENTOIL-USDT | 0.0000% | 4h | 97.160 | +0.610% | $279K | $268K | 75x | as long as short |
| Phemex XBRUSDT | 0.0000% | 4h | 97.330 | +0.786% | $1.2M | $84K | 100x | as long as short |
| gTrade (Gains Network) BRENT/USD | L +0.0011% / S −0.0011% | 1h | 97.760 | +1.231% | — | — | — | as long as short |
| edgeX BZUSDC | +0.0016% | 4h | 97.176 | +0.626% | $223K | $227K | 20x | as long as short |
| Lighter BRENTOIL | +0.0032% | 1h | 97.220 | +0.672% | $3.3M | $4.7M | 20x | as long as short |
| Extended XBR-USD | +0.0032% | 1h | 97.216 | +0.668% | $680K | $4.4M | 10x | as long as short |
| Vest BZ-PERP | +0.0032% | 1h | 101.25 | +4.845% | — | $735K | 10x | as long as short |
| BloFin BZ-USDT | +0.0049% | 4h | 97.190 | +0.641% | $1.5M | $92K | 50x | as long as short |
| Paradex BZ-USD-PERP | +0.0050% | 8h | 97.207 | +0.658% | $3K | $336 | 5x | as long as short |
| tradeXYZ xyz:BRENTOIL | +0.0050% | 1h | 97.272 | +0.726% | $153.3M | $126.5M | 20x | as long as short |
| Polymarket Perps BRENTOIL-USD | +0.0050% | 1h | 97.271 | +0.725% | $1.6M | $491K | 20x | as long as short |
| Ondo Perps BRENT-USD.P | +0.0050% | 1h | 97.160 | +0.610% | $3.1M | $1.1M | 15x | as long as short |
| KuCoin BZUSDTM | +0.0100% | 4h | 97.250 | +0.703% | $3.8M | $871K | 50x | as long as short |
| ApeX Omni BZUSDT | +0.0100% | 1h | 97.180 | +0.631% | $25K | $274K | 50x | as long as short |
| Aftermath Perps BRENTUSD | +0.0106% | 1h | 97.281 | +0.736% | $7K | $43K | 5x | as long as short |
| Kraken Futures PF_BRENTOILUSD | +0.0142% | 1h | 97.246 | +0.699% | $84K | $206K | 20x | as long as short |
| GMX BRENTOIL/USD [ETH-USDC]short | L +0.0202% / S −0.0080% | 1h | 97.205 | +0.657% | $126K | — | 111x |
Bitget BZUSDT
Variational Omni BZ
GRVT BZ_USDT_Perp
SunX BRENTOIL-USDT
HTX BRENTOIL-USDT
Phemex XBRUSDT
gTrade (Gains Network) BRENT/USD
edgeX BZUSDC
Lighter BRENTOIL
Extended XBR-USD
Vest BZ-PERP
BloFin BZ-USDT
Paradex BZ-USD-PERP
tradeXYZ xyz:BRENTOIL
Polymarket Perps BRENTOIL-USD
Ondo Perps BRENT-USD.P
KuCoin BZUSDTM
ApeX Omni BZUSDT
Aftermath Perps BRENTUSD
Kraken Futures PF_BRENTOILUSD