Funding you earn now, next payment 04:00 UTC+0.0058%/8h= +6.3% APRnext payment +$0.07 per $10,000 · paid last 24h −0.056%
Price spread now: Kraken Futures against GMX+0.046%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 +$2 a day on $10k at the current rate, and Kraken Futures is 0.046% dearer against GMX than usual: you sell high and buy low: +$5 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 INJ/USD [WBTC.b-USDC] | 7.5668 | L +0.0267% / S −0.0198% | pay 0.0033% / 1h | 37m 04s | $29K | — | 100x |
| Short | Kraken Futures PF_INJUSD | 7.5703 | 0.0325 | get 0.0041% / 1h | 37m 04s | $867K | $3.4M | 50x |
GMX INJ/USD [WBTC.b-USDC]
Kraken Futures PF_INJUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures 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
- $12.16
- Price spread: +0.046% → 0.000%
- $4.63
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$5.21
- Costs to cover
- 0.220%
- Break-even
- 10.0 days
Slippage unknown: GMX: no order-book sample; Kraken Futures: live order book, 2 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 Kraken Futures live order book, 2 min ago | 10.57 bp | 22.0 bp −$22 | 52.4 bp −$524 | 435.7 bp −$43.6K | 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 | 7.5628 | −0.053% | — | — | 20x | as long as short |
| dYdX INJ-USD | 0.0000% | 1h | 7.5761 | +0.124% | $78K | $17K | 5x | as long as short |
| Deribit INJ_USDC-PERPETUAL | 0.0000% | 1h | 7.5649 | −0.024% | $6K | $24K | 25x | as long as short |
| gTrade (Gains Network) INJ/USD | L +0.0006% / S −0.0002% | 1h | 7.5671 | +0.005% | $3K | — | 150x | as long as short |
| Aevo INJ-PERP | +0.0096% | 1h | 7.5630 | −0.050% | $68K | — | 3x | as long as short |
| Hyperliquid INJ | +0.0100% | 1h | 7.5690 | +0.030% | $25.6M | $8.8M | 5x | as long as short |
| Aster INJUSDT | +0.0100% | 8h | 7.5702 | +0.045% | $141K | $419K | 20x | as long as short |
| Binance INJUSDT | +0.0100% | 8h | 7.5627 | −0.054% | $33.7M | $94.5M | 75x | as long as short |
| Bybit INJUSDT | +0.0100% | 8h | 7.5648 | −0.026% | $21.4M | $31.2M | 50x | as long as short |
| OKX INJ-USDT-SWAP | +0.0100% | 8h | 7.5600 | −0.089% | $6.1M | $18.8M | 50x | as long as short |
Reya INJRUSDPERP
dYdX INJ-USD
Deribit INJ_USDC-PERPETUAL
gTrade (Gains Network) INJ/USD
Aevo INJ-PERP
Hyperliquid INJ
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 | 7.5620 | −0.063% | $2.7M | $5.1M | 50x | as long as short |
| KuCoin INJUSDTM | +0.0100% | 8h | 7.5660 | −0.010% | $9.6M | $17.1M | 50x | as long as short |
| Bitget INJUSDT | +0.0100% | 8h | 7.5650 | −0.023% | $14.0M | $10.4M | 75x | as long as short |
| Variational Omni INJ | +0.0100% | 8h | 7.6121 | +0.599% | $267K | $149K | — | as long as short |
| ApeX Omni INJUSDT | +0.0100% | 1h | 7.5940 | +0.360% | $46K | $272K | 50x | as long as short |
| Orderly PERP_INJ_USDC | +0.0100% | 8h | 7.5650 | −0.023% | $34K | $94K | 10x | as long as short |
| Extended INJ-USD | +0.0104% | 1h | 7.5631 | −0.048% | $112K | $370K | 10x | as long as short |
| BloFin INJ-USDT | +0.0220% | 8h | 7.5780 | +0.149% | $1.7M | $5.8M | 75x | as long as short |
| GMX INJ/USD [WBTC.b-USDC]long | L +0.0267% / S −0.0198% | 1h | 7.5668 | long leg | $29K | — | 100x | |
| BingX INJ-USDT | +0.0271% | 8h | 7.5600 | −0.089% | — | $21.2M | — | as long as short |
| MEXC INJ_USDT | +0.0285% | 8h | 7.5650 | −0.023% | $30.2M | $21.1M | 300x | as long as short |
| Kraken Futures PF_INJUSDshort | +0.0325% | 1h | 7.5703 | +0.046% | $867K | $3.4M | 50x | |
| Coinbase International INJ-PERP-INTX | +0.0688% | 1h | 7.5910 | +0.320% | $374K | $593K | 50x | as long as short |
| Injective INJ/USDC PERP | +0.1333% | 1h | 7.6090 | +0.558% | $317K | $12.1M | 30x | as long as short |
Gate INJ_USDT
KuCoin INJUSDTM
Bitget INJUSDT
Variational Omni INJ
ApeX Omni INJUSDT
Orderly PERP_INJ_USDC
Extended INJ-USD
BloFin INJ-USDT
BingX INJ-USDT
MEXC INJ_USDT
Coinbase International INJ-PERP-INTX
Injective INJ/USDC PERP