Funding you earn now, next payment 09:00 UTC−0.0226%/8h= −24.8% APRpaid last 24h −0.066%
Price spread now: Bitget against GMX+0.047%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 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 pays, funding is against you. Bitget is 0.047% dearer against GMX than usual: you sell high and buy low (spread +0.047% now, against zero (this spread has no 7-day history yet)): +$5 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 17 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX INJ/USD [WBTC.b-USDC] | 7.7464 | L +0.0326% / S −0.0344% | pay 0.0041% / 1h | 29m 50s | $40K | — | 100x |
| Short | Bitget INJUSDT | 7.7500 | 0.0100 | get 0.0100% / 8h | 7h 29m | $14.2M | $12.0M | 75x |
GMX INJ/USD [WBTC.b-USDC]
Bitget INJUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- −$47.47
- Price spread: +0.047% → 0.000%
- $4.7
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$66.78
- Costs to cover
- 0.240%
- Break-even
- never at this rate
Slippage unknown: GMX: no order-book sample; Bitget: live order book, 4 min ago. 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 Bitget live order book, 4 min ago | 2.58 bp | 11.6 bp −$12 | 24.5 bp −$245 | doesn't fit | doesn't fit |
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 | 7.7438 | −0.033% | — | — | 20x | as long as short |
| gTrade (Gains Network) INJ/USD | L +0.0007% / S −0.0022% | 1h | 7.7436 | −0.036% | $18K | — | 150x | as long as short |
| dYdX INJ-USD | +0.0055% | 1h | 7.7338 | −0.163% | $80K | $18K | 5x | as long as short |
| Aevo INJ-PERP | +0.0096% | 1h | 7.7356 | −0.139% | $70K | — | 3x | as long as short |
| Orderly PERP_INJ_USDC | +0.0100% | 8h | 7.7410 | −0.069% | $34K | $72K | 10x | as long as short |
| Aster INJUSDT | +0.0100% | 8h | 7.7556 | +0.120% | $149K | $445K | 20x | as long as short |
| Binance INJUSDT | +0.0100% | 8h | 7.7590 | +0.163% | $34.5M | $103.8M | 75x | as long as short |
| Bybit INJUSDT | +0.0100% | 8h | 7.7544 | +0.104% | $21.5M | $32.9M | 50x | as long as short |
| OKX INJ-USDT-SWAP | +0.0100% | 8h | 7.7550 | +0.112% | $6.1M | $20.9M | 50x | as long as short |
| Gate INJ_USDT | +0.0100% | 8h | 7.7570 | +0.137% | $2.7M | $5.8M | 50x | as long as short |
Reya INJRUSDPERP
gTrade (Gains Network) INJ/USD
dYdX INJ-USD
Aevo INJ-PERP
Orderly PERP_INJ_USDC
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 | 7.7530 | +0.086% | $8.6M | $18.6M | 50x | as long as short |
| Bitget INJUSDTshort | +0.0100% | 8h | 7.7500 | +0.047% | $14.2M | $12.0M | 75x | |
| Variational Omni INJ | +0.0100% | 8h | 7.7442 | −0.028% | $275K | $143K | — | as long as short |
| ApeX Omni INJUSDT | +0.0100% | 1h | 7.7440 | −0.030% | $46K | $266K | 50x | as long as short |
| Extended INJ-USD | +0.0104% | 1h | 7.7589 | +0.162% | $118K | $639K | 10x | as long as short |
| BloFin INJ-USDT | +0.0220% | 8h | 7.7500 | +0.047% | $1.7M | $5.8M | 75x | as long as short |
| BingX INJ-USDT | +0.0248% | 8h | 7.7550 | +0.112% | — | $21.7M | — | as long as short |
| MEXC INJ_USDT | +0.0261% | 8h | 7.7570 | +0.137% | $31.2M | $21.1M | 300x | as long as short |
| GMX INJ/USD [WBTC.b-USDC]long | L +0.0326% / S −0.0344% | 1h | 7.7464 | long leg | $40K | — | 100x | |
| Deribit INJ_USDC-PERPETUAL | +0.0473% | 1h | 7.7487 | +0.030% | $5K | $27K | 25x | as long as short |
| Coinbase International INJ-PERP-INTX | +0.0680% | 1h | 7.7530 | +0.086% | $386K | $746K | 50x | as long as short |
| Hyperliquid INJ | +0.0687% | 1h | 7.7632 | +0.217% | $26.1M | $8.8M | 5x | as long as short |
| Kraken Futures PF_INJUSD | +0.0830% | 1h | 7.7545 | +0.105% | $848K | $3.8M | 50x | as long as short |
| Injective INJ/USDC PERP | +0.1302% | 1h | 7.7910 | +0.576% | $320K | $11.5M | 30x | as long as short |
KuCoin INJUSDTM
Variational Omni INJ
ApeX Omni INJUSDT
Extended INJ-USD
BloFin INJ-USDT
BingX INJ-USDT
MEXC INJ_USDT
Deribit INJ_USDC-PERPETUAL
Coinbase International INJ-PERP-INTX
Hyperliquid INJ
Kraken Futures PF_INJUSD
Injective INJ/USDC PERP