Funding you earn now, next payment 22:00 UTC+0.0157%/8h= +17.2% APRnext payment +$0.20 per $10,000 · paid last 24h +0.047%
Price spread now: GMX against Injective+3.777%117s7-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 GMX is 3.777% dearer against Injective than usual: you sell high and buy low: +$378 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 117 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 CVX/USDC PERP | 1.9790 | 0.0033 | pay 0.0004% / 1h | 59m 26s | — | $33K | 5.5x |
| Short | GMX CVX/USD [ETH-USDC] | 2.0537 | L +0.0479% / S −0.0190% | get 0.0024% / 1h | 59m 26s | $168K | — | 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
- $32.91
- Price spread: +3.777% → 0.000%
- $377.67
- 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
- $398.56
- 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.
CVX on 13 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 CVX/USDC PERPlong | +0.0033% | 1h | 1.9790 | long leg | — | $33K | 5.5x | |
| Binance CVXUSDT | +0.0100% | 4h | 2.0550 | +3.840% | $1.7M | $2.8M | 75x | as long as short |
| Bybit CVXUSDT | +0.0100% | 4h | 2.0554 | +3.861% | $1.7M | $829K | 75x | as long as short |
| OKX CVX-USDT-SWAP | +0.0100% | 4h | 2.0540 | +3.790% | $251K | $379K | 10x | as long as short |
| Gate CVX_USDT | +0.0100% | 8h | 2.0560 | +3.891% | $69K | $24K | 25x | as long as short |
| MEXC CVX_USDT | +0.0100% | 4h | 2.0550 | +3.840% | $2.0M | $477K | 20x | as long as short |
| KuCoin CVXUSDTM | +0.0100% | 4h | 2.0590 | +4.042% | $823K | $67K | 20x | as long as short |
| Bitget CVXUSDT | +0.0100% | 4h | 2.0550 | +3.840% | $624K | $131K | 25x | as long as short |
| BingX CVX-USDT | +0.0100% | 4h | 2.0530 | +3.739% | — | $1.6M | — | as long as short |
| Variational Omni CVX | +0.0100% | 4h | 2.0542 | +3.799% | $6K | $2K | — | as long as short |
Show all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin CVX-USDT | +0.0340% | 4h | 2.0510 | +3.638% | $83K | $128K | 75x | as long as short |
| GMX CVX/USD [ETH-USDC]short | L +0.0479% / S −0.0190% | 1h | 2.0537 | +3.777% | $168K | — | 100x | |
| Kraken Futures PF_CVXUSD | +1.3644% | 1h | 2.0584 | +4.012% | $110K | $72K | 10x | as long as short |
Injective CVX/USDC PERP
GMX CVX/USD [ETH-USDC]
Binance CVXUSDT
Bybit CVXUSDT
OKX CVX-USDT-SWAP
Gate CVX_USDT
MEXC CVX_USDT
KuCoin CVXUSDTM
Bitget CVXUSDT
BingX CVX-USDT
Variational Omni CVX
BloFin CVX-USDT
Kraken Futures PF_CVXUSD