Funding you earn now, next payment 07:00 UTC−0.0168%/8h= −18.4% APRpaid last 24h −0.087%
Price spread now: OKX against GMX−0.028%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 −$5 a day on $10k at the current rate, and OKX is 0.028% cheaper against GMX than usual: you would sell low and buy high (−$3 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 | GMX INJ/USD [WBTC.b-USDC] | 7.6761 | L +0.0268% / S −0.0198% | pay 0.0034% / 1h | 43m 48s | $29K | — | 100x |
| Short | OKX INJ-USDT-SWAP | 7.6740 | 0.0100 | get 0.0100% / 8h | 1h 43m | $6.2M | $19.2M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- −$35.35
- Price spread: −0.028% → 0.000%
- −$2.76
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$60.11
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: GMX: no order-book sample; OKX: live order book, 5 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 OKX live order book, 5 min ago | 0.65 bp | 11.7 bp −$12 | 26.7 bp −$267 | 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 | 7.6763 | +0.002% | — | — | 20x | as long as short |
| dYdX INJ-USD | 0.0000% | 1h | 7.6831 | +0.091% | $79K | $17K | 5x | as long as short |
| gTrade (Gains Network) INJ/USD | L +0.0007% / S −0.0017% | 1h | 7.6775 | +0.017% | $19K | — | 150x | as long as short |
| Kraken Futures PF_INJUSD | +0.0054% | 1h | 7.6797 | +0.046% | $798K | $3.5M | 50x | as long as short |
| Aevo INJ-PERP | +0.0096% | 1h | 7.6708 | −0.069% | $69K | — | 3x | as long as short |
| Orderly PERP_INJ_USDC | +0.0100% | 8h | 7.6740 | −0.028% | $35K | $94K | 10x | as long as short |
| Aster INJUSDT | +0.0100% | 8h | 7.6742 | −0.025% | $139K | $421K | 20x | as long as short |
| Binance INJUSDT | +0.0100% | 8h | 7.6760 | −0.002% | $33.8M | $98.0M | 75x | as long as short |
| Bybit INJUSDT | +0.0100% | 8h | 7.6720 | −0.054% | $21.2M | $31.9M | 50x | as long as short |
| OKX INJ-USDT-SWAPshort | +0.0100% | 8h | 7.6740 | −0.028% | $6.2M | $19.2M | 50x |
Show all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate INJ_USDT | +0.0100% | 8h | 7.6710 | −0.067% | $2.7M | $5.3M | 50x | as long as short |
| KuCoin INJUSDTM | +0.0100% | 8h | 7.6710 | −0.067% | $8.5M | $18.3M | 50x | as long as short |
| Bitget INJUSDT | +0.0100% | 8h | 7.6720 | −0.054% | $14.1M | $10.5M | 75x | as long as short |
| Variational Omni INJ | +0.0100% | 8h | 7.6612 | −0.195% | $272K | $150K | — | as long as short |
| ApeX Omni INJUSDT | +0.0100% | 1h | 7.6830 | +0.090% | $46K | $269K | 50x | as long as short |
| Deribit INJ_USDC-PERPETUAL | +0.0102% | 1h | 7.6740 | −0.028% | $7K | $25K | 25x | as long as short |
| Extended INJ-USD | +0.0104% | 1h | 7.6742 | −0.026% | $114K | $563K | 10x | as long as short |
| BloFin INJ-USDT | +0.0220% | 8h | 7.6890 | +0.168% | $1.7M | $5.7M | 75x | as long as short |
| Hyperliquid INJ | +0.0222% | 1h | 7.6816 | +0.071% | $25.8M | $8.6M | 5x | as long as short |
| BingX INJ-USDT | +0.0248% | 8h | 7.6740 | −0.028% | — | $21.1M | — | as long as short |
| MEXC INJ_USDT | +0.0261% | 8h | 7.6730 | −0.041% | $30.1M | $20.0M | 300x | as long as short |
| GMX INJ/USD [WBTC.b-USDC]long | L +0.0268% / S −0.0198% | 1h | 7.6761 | long leg | $29K | — | 100x | |
| Coinbase International INJ-PERP-INTX | +0.0464% | 1h | 7.6990 | +0.298% | $383K | $676K | 50x | as long as short |
| Injective INJ/USDC PERP | +0.1179% | 1h | 7.7050 | +0.376% | $321K | $12.1M | 30x | as long as short |
GMX INJ/USD [WBTC.b-USDC]
OKX INJ-USDT-SWAP
gTrade (Gains Network) INJ/USD
Kraken Futures PF_INJUSD
Aster INJUSDT
Binance INJUSDT
Bybit INJUSDT
Gate INJ_USDT
KuCoin INJUSDTM
Bitget INJUSDT
Variational Omni INJ
ApeX Omni INJUSDT
Deribit INJ_USDC-PERPETUAL
Extended INJ-USD
BloFin INJ-USDT
Hyperliquid INJ
BingX INJ-USDT
MEXC INJ_USDT
Coinbase International INJ-PERP-INTX
Injective INJ/USDC PERP