Funding you earn now, next payment 07:00 UTC+0.0098%/8h= +10.7% APRpaid last 24h +0.057%
Price spread now: GMX against KuCoin+0.071%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 +$3 a day on $10k at the current rate, and GMX is 0.071% dearer against KuCoin than usual: you sell high and buy low: +$7 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 | KuCoin INJUSDTM | 7.6510 | 0.0100 | pay 0.0100% / 8h | 1h 39m | $8.5M | $18.3M | 50x |
| Short | GMX INJ/USD [WBTC.b-USDC] | 7.6564 | L +0.0268% / S −0.0198% | get 0.0025% / 1h | 39m 34s | $29K | — | 100x |
KuCoin INJUSDTM
GMX INJ/USD [WBTC.b-USDC]Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX against KuCoin. 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
- $20.54
- Price spread: +0.071% → 0.000%
- $7.08
- Slippage, 4 orders
- no order book: not counted
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- $3.62
- Costs to cover
- 0.240%
- Break-even
- 5.8 days
Slippage unknown: KuCoin: live order book, 9 min ago; 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 KuCoin live order book, 9 min ago | 3.25 bp | 30.0 bp −$30 | 57.7 bp −$577 | doesn't fit | doesn't fit |
| Sell GMX no order-book sample | — | — | — | — | — |
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 | 7.6665 | +0.203% | — | — | 20x | as long as short |
| dYdX INJ-USD | 0.0000% | 1h | 7.6617 | +0.140% | $79K | $17K | 5x | as long as short |
| gTrade (Gains Network) INJ/USD | L +0.0007% / S −0.0017% | 1h | 7.6580 | +0.091% | $19K | — | 150x | as long as short |
| Kraken Futures PF_INJUSD | +0.0054% | 1h | 7.6606 | +0.126% | $796K | $3.5M | 50x | as long as short |
| Aevo INJ-PERP | +0.0096% | 1h | 7.6515 | +0.006% | $69K | — | 3x | as long as short |
| Orderly PERP_INJ_USDC | +0.0100% | 8h | 7.6550 | +0.052% | $34K | $94K | 10x | as long as short |
| Aster INJUSDT | +0.0100% | 8h | 7.6576 | +0.086% | $139K | $421K | 20x | as long as short |
| Binance INJUSDT | +0.0100% | 8h | 7.6652 | +0.185% | $33.7M | $97.9M | 75x | as long as short |
| Bybit INJUSDT | +0.0100% | 8h | 7.6640 | +0.170% | $21.2M | $31.9M | 50x | as long as short |
| OKX INJ-USDT-SWAP | +0.0100% | 8h | 7.6660 | +0.196% | $6.2M | $19.2M | 50x | as long as short |
Reya INJRUSDPERP
dYdX INJ-USD
gTrade (Gains Network) INJ/USD
Kraken Futures PF_INJUSD
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 | 7.6540 | +0.039% | $2.7M | $5.3M | 50x | as long as short |
| KuCoin INJUSDTMlong | +0.0100% | 8h | 7.6510 | long leg | $8.5M | $18.3M | 50x | |
| Bitget INJUSDT | +0.0100% | 8h | 7.6620 | +0.144% | $14.1M | $10.5M | 75x | as long as short |
| Variational Omni INJ | +0.0100% | 8h | 7.6682 | +0.224% | $272K | $150K | — | as long as short |
| ApeX Omni INJUSDT | +0.0100% | 1h | 7.6710 | +0.261% | $46K | $269K | 50x | as long as short |
| Extended INJ-USD | +0.0104% | 1h | 7.6532 | +0.029% | $114K | $563K | 10x | as long as short |
| Deribit INJ_USDC-PERPETUAL | +0.0116% | 1h | 7.6557 | +0.061% | $7K | $25K | 25x | as long as short |
| BloFin INJ-USDT | +0.0220% | 8h | 7.6660 | +0.196% | $1.7M | $5.7M | 75x | as long as short |
| Hyperliquid INJ | +0.0222% | 1h | 7.6747 | +0.310% | $25.8M | $8.6M | 5x | as long as short |
| BingX INJ-USDT | +0.0248% | 8h | 7.6540 | +0.039% | — | $21.1M | — | as long as short |
| MEXC INJ_USDT | +0.0261% | 8h | 7.6550 | +0.052% | $29.9M | $20.1M | 300x | as long as short |
| GMX INJ/USD [WBTC.b-USDC]short | L +0.0268% / S −0.0198% | 1h | 7.6564 | +0.071% | $29K | — | 100x | |
| Coinbase International INJ-PERP-INTX | +0.0464% | 1h | 7.7030 | +0.680% | $384K | $676K | 50x | as long as short |
| Injective INJ/USDC PERP | +0.1179% | 1h | 7.7040 | +0.693% | $321K | $12.1M | 30x | as long as short |
Gate INJ_USDT
Bitget INJUSDT
Variational Omni INJ
ApeX Omni INJUSDT
Extended INJ-USD
Deribit INJ_USDC-PERPETUAL
BloFin INJ-USDT
Hyperliquid INJ
BingX INJ-USDT
MEXC INJ_USDT
Coinbase International INJ-PERP-INTX
Injective INJ/USDC PERP