Funding you earn now, next payment 04:00 UTC−0.0168%/8h= −18.4% APRpaid last 24h −0.064%
Price spread now: Orderly against GMX−0.054%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 Orderly is 0.054% cheaper against GMX than usual: you would sell low and buy high (−$5 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] | 7.6201 | L +0.0268% / S −0.0198% | pay 0.0033% / 1h | 39m 57s | $29K | — | 100x |
| Short | Orderly PERP_INJ_USDC | 7.6160 | 0.0100 | get 0.0100% / 8h | 4h 39m | $34K | $92K | 10x |
GMX INJ/USD [WBTC.b-USDC]
Orderly PERP_INJ_USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly 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
- −$35.2
- Price spread: −0.054% → 0.000%
- −$5.44
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$58.64
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: GMX: no order-book sample; Orderly: 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 GMX no order-book sample | — | — | — | — | — |
| Sell Orderly no order-book sample | — | — | — | — | — |
GMX and Orderly: 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit INJ_USDC-PERPETUAL | −0.0550% | 1h | 7.6149 | −0.069% | $6K | $24K | 25x | as long as short |
| Reya INJRUSDPERP | −0.0200% | 1h | 7.6169 | −0.042% | — | — | 20x | as long as short |
| dYdX INJ-USD | 0.0000% | 1h | 7.6263 | +0.080% | $79K | $17K | 5x | as long as short |
| gTrade (Gains Network) INJ/USD | L +0.0006% / S −0.0002% | 1h | 7.6171 | −0.040% | $3K | — | 150x | as long as short |
| Aevo INJ-PERP | +0.0096% | 1h | 7.6150 | −0.068% | $69K | — | 3x | as long as short |
| Aster INJUSDT | +0.0100% | 8h | 7.6080 | −0.159% | $141K | $420K | 20x | as long as short |
| Binance INJUSDT | +0.0100% | 8h | 7.6160 | −0.054% | $33.9M | $93.9M | 75x | as long as short |
| Bybit INJUSDT | +0.0100% | 8h | 7.6130 | −0.094% | $21.5M | $31.0M | 50x | as long as short |
| OKX INJ-USDT-SWAP | +0.0100% | 8h | 7.6140 | −0.081% | $6.1M | $18.8M | 50x | as long as short |
| Gate INJ_USDT | +0.0100% | 8h | 7.6120 | −0.107% | $2.7M | $5.1M | 50x | as long as short |
Deribit INJ_USDC-PERPETUAL
Reya INJRUSDPERP
dYdX INJ-USD
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 | 7.6160 | −0.054% | $9.6M | $17.1M | 50x | as long as short |
| Bitget INJUSDT | +0.0100% | 8h | 7.6150 | −0.068% | $14.1M | $10.4M | 75x | as long as short |
| Variational Omni INJ | +0.0100% | 8h | 7.6121 | −0.106% | $267K | $149K | — | as long as short |
| ApeX Omni INJUSDT | +0.0100% | 1h | 7.6990 | +1.035% | $46K | $271K | 50x | as long as short |
| Orderly PERP_INJ_USDCshort | +0.0100% | 8h | 7.6160 | −0.054% | $34K | $92K | 10x | |
| Extended INJ-USD | +0.0104% | 1h | 7.6151 | −0.066% | $114K | $367K | 10x | as long as short |
| Hyperliquid INJ | +0.0146% | 1h | 7.6227 | +0.034% | $25.8M | $8.8M | 5x | as long as short |
| BloFin INJ-USDT | +0.0220% | 8h | 7.6230 | +0.037% | $1.7M | $5.8M | 75x | as long as short |
| GMX INJ/USD [WBTC.b-USDC]long | L +0.0268% / S −0.0198% | 1h | 7.6201 | long leg | $29K | — | 100x | |
| BingX INJ-USDT | +0.0271% | 8h | 7.6140 | −0.081% | — | $21.2M | — | as long as short |
| MEXC INJ_USDT | +0.0285% | 8h | 7.6170 | −0.041% | $30.4M | $21.1M | 300x | as long as short |
| Kraken Futures PF_INJUSD | +0.0323% | 1h | 7.6182 | −0.026% | $878K | $3.3M | 50x | as long as short |
| Coinbase International INJ-PERP-INTX | +0.0688% | 1h | 7.6310 | +0.142% | $377K | $594K | 50x | as long as short |
| Injective INJ/USDC PERP | +0.1333% | 1h | 7.6350 | +0.195% | $318K | $12.1M | 30x | as long as short |
KuCoin INJUSDTM
Bitget INJUSDT
Variational Omni INJ
ApeX Omni INJUSDT
Extended INJ-USD
Hyperliquid INJ
BloFin INJ-USDT
BingX INJ-USDT
MEXC INJ_USDT
Kraken Futures PF_INJUSD
Coinbase International INJ-PERP-INTX
Injective INJ/USDC PERP