Funding you earn now, next payment 00:00 UTC+0.0418%/8h= +45.8% APRnext payment +$0.52 per $10,000 · paid last 24h +0.116%
Price spread now: GMX against Deribit−0.016%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
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$13 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit INJ_USDC-PERPETUAL | 7.9253 | 0 | get 0.0000% / 1h | 45m 19s | $7K | $23K | 25x |
| Short | GMX INJ/USD [WBTC.b-USDC] | 7.9240 | L +0.0357% / S −0.0418% | get 0.0052% / 1h | 45m 19s | $47K | — | 100x |
Deribit INJ_USDC-PERPETUAL
GMX INJ/USD [WBTC.b-USDC]Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX against Deribit. 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
- $87.79
- Price spread: −0.016% → 0.000%
- −$1.65
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- $67.15
- Costs to cover
- 0.190%
- Break-even
- 1.6 days
Slippage unknown: Deribit: 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 Deribit no order-book sample | — | — | — | — | — |
| Sell GMX no order-book sample | — | — | — | — | — |
Deribit 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.
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 | 7.9205 | −0.061% | — | — | 20x | as long as short |
| dYdX INJ-USD | 0.0000% | 1h | 7.9200 | −0.066% | $91K | $8K | 5x | as long as short |
| Deribit INJ_USDC-PERPETUALlong | 0.0000% | 1h | 7.9253 | long leg | $7K | $23K | 25x | |
| gTrade (Gains Network) INJ/USD | L +0.0006% / S −0.0002% | 1h | 7.9230 | −0.029% | $3K | — | 150x | as long as short |
| Aevo INJ-PERP | +0.0096% | 1h | 7.9144 | −0.138% | $72K | $13K | 3x | as long as short |
| Orderly PERP_INJ_USDC | +0.0099% | 8h | 7.9250 | −0.004% | $37K | $65K | 10x | as long as short |
| Aster INJUSDT | +0.0100% | 8h | 7.9212 | −0.052% | $159K | $440K | 20x | as long as short |
| Binance INJUSDT | +0.0100% | 8h | 7.9236 | −0.021% | $36.2M | $94.5M | 75x | as long as short |
| Bybit INJUSDT | +0.0100% | 8h | 7.9230 | −0.029% | $22.4M | $32.2M | 50x | as long as short |
| OKX INJ-USDT-SWAP | +0.0100% | 8h | 7.9240 | −0.016% | $6.5M | $20.4M | 50x | as long as short |
Reya INJRUSDPERP
dYdX INJ-USD
gTrade (Gains Network) INJ/USD
Aevo INJ-PERP
Orderly PERP_INJ_USDC
Aster INJUSDT
Binance INJUSDT
Bybit INJUSDT
OKX INJ-USDT-SWAPShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate INJ_USDT | +0.0100% | 8h | 7.9210 | −0.054% | $2.8M | $5.0M | 50x | as long as short |
| KuCoin INJUSDTM | +0.0100% | 8h | 7.9170 | −0.105% | $9.5M | $16.5M | 50x | as long as short |
| Bitget INJUSDT | +0.0100% | 8h | 7.9200 | −0.067% | $14.6M | $10.7M | 75x | as long as short |
| Variational Omni INJ | +0.0100% | 8h | 7.9315 | +0.078% | $283K | $160K | — | as long as short |
| ApeX Omni INJUSDT | +0.0100% | 1h | 7.9830 | +0.728% | $49K | $348K | 50x | as long as short |
| Extended INJ-USD | +0.0104% | 1h | 7.9229 | −0.030% | $120K | $460K | 10x | as long as short |
| Kraken Futures PF_INJUSD | +0.0201% | 1h | 7.9302 | +0.061% | $884K | $3.0M | 50x | as long as short |
| BloFin INJ-USDT | +0.0220% | 8h | 7.9760 | +0.640% | $1.8M | $7.8M | 75x | as long as short |
| BingX INJ-USDT | +0.0271% | 8h | 7.9230 | −0.029% | — | $21.5M | — | as long as short |
| MEXC INJ_USDT | +0.0285% | 8h | 7.9220 | −0.042% | $32.2M | $22.7M | 300x | as long as short |
| GMX INJ/USD [WBTC.b-USDC]short | L +0.0357% / S −0.0418% | 1h | 7.9240 | −0.016% | $47K | — | 100x | |
| Coinbase International INJ-PERP-INTX | +0.0632% | 1h | 7.9870 | +0.779% | $392K | $728K | 50x | as long as short |
| Hyperliquid INJ | +0.0639% | 1h | 7.9289 | +0.045% | $26.9M | $9.6M | 5x | as long as short |
| Injective INJ/USDC PERP | +0.1298% | 1h | 7.9610 | +0.450% | $326K | $12.1M | 30x | as long as short |
Gate INJ_USDT
KuCoin INJUSDTM
Bitget INJUSDT
Variational Omni INJ
ApeX Omni INJUSDT
Extended INJ-USD
Kraken Futures PF_INJUSD
BloFin INJ-USDT
BingX INJ-USDT
MEXC INJ_USDT
Coinbase International INJ-PERP-INTX
Hyperliquid INJ
Injective INJ/USDC PERP