Funding you earn now, next payment 03:00 UTC−0.0022%/8h= −2.4% APRpaid last 24h +0.036%
Price spread now: GMX against BloFin−0.107%7-day average — · you buy dearer than you sell
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 against this trade now: funding costs −$1 a day on $10k at the current rate, and GMX is 0.107% cheaper against BloFin than usual: you would sell low and buy high (−$11 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin INJ-USDT | 7.8210 | 0.0220 | pay 0.0220% / 8h | 5h 27m | $1.7M | $6.4M | 75x |
| Short | GMX INJ/USD [WBTC.b-USDC] | 7.8126 | L +0.0269% / S −0.0198% | get 0.0025% / 1h | 27m 13s | $30K | — | 100x |
BloFin INJ-USDT
GMX INJ/USD [WBTC.b-USDC]Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX against BloFin. 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
- −$4.66
- Price spread: −0.107% → 0.000%
- −$10.68
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- −$39.34
- Costs to cover
- 0.240%
- Break-even
- never at this rate
Slippage unknown: BloFin: live order book, 7 min ago; 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 BloFin live order book, 7 min ago | 1.28 bp | 10.1 bp −$10 | 25.9 bp −$259 | doesn't fit | doesn't fit |
| Sell GMX no order-book sample | — | — | — | — | — |
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.
INJ on 24 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 | |
|---|---|---|---|---|---|---|---|---|
| Reya INJRUSDPERP | −0.0200% | 1h | 7.8070 | −0.179% | — | — | 20x | as long as short |
| dYdX INJ-USD | 0.0000% | 1h | 7.8274 | +0.082% | $81K | $17K | 5x | as long as short |
| Deribit INJ_USDC-PERPETUAL | 0.0000% | 1h | 7.8126 | −0.107% | $6K | $24K | 25x | as long as short |
| gTrade (Gains Network) INJ/USD | L +0.0006% / S −0.0002% | 1h | 7.8130 | −0.103% | $3K | — | 150x | as long as short |
| Aevo INJ-PERP | +0.0096% | 1h | 7.8104 | −0.136% | $71K | — | 3x | as long as short |
| Aster INJUSDT | +0.0100% | 8h | 7.8184 | −0.033% | $149K | $413K | 20x | as long as short |
| Binance INJUSDT | +0.0100% | 8h | 7.8187 | −0.029% | $35.3M | $89.9M | 75x | as long as short |
| Bybit INJUSDT | +0.0100% | 8h | 7.8160 | −0.064% | $22.1M | $30.2M | 50x | as long as short |
| OKX INJ-USDT-SWAP | +0.0100% | 8h | 7.8180 | −0.038% | $6.4M | $18.5M | 50x | as long as short |
| Gate INJ_USDT | +0.0100% | 8h | 7.8110 | −0.128% | $2.7M | $4.9M | 50x | as long as short |
Reya INJRUSDPERP
dYdX INJ-USD
Deribit INJ_USDC-PERPETUAL
gTrade (Gains Network) INJ/USD
Aevo INJ-PERP
Aster INJUSDT
Binance INJUSDT
Bybit INJUSDT
OKX INJ-USDT-SWAP
Gate INJ_USDTShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin INJUSDTM | +0.0100% | 8h | 7.8120 | −0.115% | $9.4M | $16.4M | 50x | as long as short |
| Bitget INJUSDT | +0.0100% | 8h | 7.8090 | −0.153% | $14.3M | $9.8M | 75x | as long as short |
| Variational Omni INJ | +0.0100% | 8h | 7.8029 | −0.231% | $274K | $149K | — | as long as short |
| ApeX Omni INJUSDT | +0.0100% | 1h | 7.8080 | −0.166% | $47K | $273K | 50x | as long as short |
| Orderly PERP_INJ_USDC | +0.0100% | 8h | 7.8140 | −0.090% | $35K | $92K | 10x | as long as short |
| Extended INJ-USD | +0.0104% | 1h | 7.8099 | −0.143% | $116K | $367K | 10x | as long as short |
| BloFin INJ-USDTlong | +0.0220% | 8h | 7.8210 | long leg | $1.7M | $6.4M | 75x | |
| Hyperliquid INJ | +0.0249% | 1h | 7.8219 | +0.012% | $26.3M | $8.7M | 5x | as long as short |
| GMX INJ/USD [WBTC.b-USDC]short | L +0.0269% / S −0.0198% | 1h | 7.8126 | −0.107% | $30K | — | 100x | |
| BingX INJ-USDT | +0.0271% | 8h | 7.8140 | −0.090% | — | $21.1M | — | as long as short |
| MEXC INJ_USDT | +0.0285% | 8h | 7.8160 | −0.064% | $32.2M | $20.9M | 300x | as long as short |
| Kraken Futures PF_INJUSD | +0.0438% | 1h | 7.8157 | −0.067% | $866K | $3.0M | 50x | as long as short |
| Coinbase International INJ-PERP-INTX | +0.0640% | 1h | 7.8360 | +0.192% | $385K | $579K | 50x | as long as short |
| Injective INJ/USDC PERP | +0.1331% | 1h | 7.8480 | +0.345% | $327K | $12.1M | 30x | as long as short |
KuCoin INJUSDTM
Bitget INJUSDT
Variational Omni INJ
ApeX Omni INJUSDT
Orderly PERP_INJ_USDC
Extended INJ-USD
Hyperliquid INJ
BingX INJ-USDT
MEXC INJ_USDT
Kraken Futures PF_INJUSD
Coinbase International INJ-PERP-INTX
Injective INJ/USDC PERP