Funding you earn now, next payment 08:00 UTC+0.0174%/8h= +19.0% APRnext payment +$0.22 per $10,000 · paid last 24h +0.076%
Price spread now: Injective against GMX+3.332%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 +$5 a day on $10k at the current rate, and Injective is 3.332% dearer against GMX than usual: you sell high and buy low: +$333 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 | GMX AR/USD [WBTC.b-USDC] | 4.2813 | L −0.0140% / S +0.0550% | get 0.0018% / 1h | 18m 37s | $550K | — | 50x |
| Short | Injective AR/USDC PERP | 4.4240 | 0.0033 | get 0.0004% / 1h | 18m 37s | $2K | $5K | 5.5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against GMX. 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
- $36.47
- Price spread: +3.332% → 0.000%
- $333.21
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $357.65
- Costs to cover
- 0.120%
- Break-even
- from the start
Slippage unknown: GMX: no order-book sample; Injective: 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 GMX no order-book sample | — | — | — | — | — |
| Sell Injective no order-book sample | — | — | — | — | — |
GMX and Injective: 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.
AR on 17 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ARUSD | −0.1518% | 1h | 4.2746 | −0.156% | $53K | $135K | 20x | as long as short |
| GMX AR/USD [WBTC.b-USDC]long | L −0.0140% / S +0.0550% | 1h | 4.2813 | long leg | $550K | — | 50x | |
| Injective AR/USDC PERPshort | +0.0033% | 1h | 4.4240 | +3.332% | $2K | $5K | 5.5x | |
| Aster ARUSDT | +0.0100% | 8h | 4.2784 | −0.069% | $32K | $283K | 10x | as long as short |
| Binance ARUSDT | +0.0100% | 8h | 4.2774 | −0.091% | $8.5M | $46.2M | 75x | as long as short |
| Bybit ARUSDT | +0.0100% | 8h | 4.2770 | −0.101% | $4.4M | $8.5M | 75x | as long as short |
| OKX AR-USDT-SWAP | +0.0100% | 8h | 4.2740 | −0.172% | $2.2M | $15.2M | 20x | as long as short |
| Gate AR_USDT | +0.0100% | 8h | 4.2740 | −0.172% | $2.0M | $3.2M | 50x | as long as short |
| MEXC AR_USDT | +0.0100% | 8h | 4.2770 | −0.101% | $5.9M | $4.0M | 100x | as long as short |
| KuCoin ARUSDTM | +0.0100% | 8h | 4.2780 | −0.078% | $1.1M | $1.2M | 50x | as long as short |
Show all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget ARUSDT | +0.0100% | 8h | 4.2760 | −0.125% | $3.7M | $5.0M | 75x | as long as short |
| BingX AR-USDT | +0.0100% | 8h | 4.2750 | −0.148% | — | $2.7M | — | as long as short |
| Variational Omni AR | +0.0100% | 8h | 4.2638 | −0.411% | $245K | $514K | — | as long as short |
| ApeX Omni ARUSDT | +0.0100% | 1h | 4.2720 | −0.218% | $20K | $710K | 50x | as long as short |
| Extended AR-USD | +0.0104% | 1h | 4.2778 | −0.082% | $39K | $243K | 10x | as long as short |
| BloFin AR-USDT | +0.0220% | 8h | 4.2860 | +0.109% | $414K | $445K | 20x | as long as short |
| Hyperliquid AR | +0.0371% | 1h | 4.2894 | +0.188% | $3.9M | $4.6M | 5x | as long as short |
GMX AR/USD [WBTC.b-USDC]
Injective AR/USDC PERP
Kraken Futures PF_ARUSD
Aster ARUSDT
Binance ARUSDT
Bybit ARUSDT
OKX AR-USDT-SWAP
Gate AR_USDT
MEXC AR_USDT
KuCoin ARUSDTM
Bitget ARUSDT
BingX AR-USDT
Variational Omni AR
ApeX Omni ARUSDT
Extended AR-USD
BloFin AR-USDT
Hyperliquid AR