Funding you earn now, next payment 06:00 UTC+0.0098%/8h= +10.7% APRpaid last 24h +0.089%
Price spread now: GMX against OKX−0.169%52s7-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
Funding pays, the price is against you. GMX is 0.169% cheaper against OKX than usual: you would sell low and buy high (spread −0.169% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$17 on $10k: about 5.8 days of funding at the current rate (+$3 a day). The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX INJ-USDT-SWAP | 7.6790 | 0.0100 | pay 0.0100% / 8h | 2h 03m | $6.2M | $19.2M | 50x |
| Short | GMX INJ/USD [WBTC.b-USDC] | 7.6660 | L +0.0268% / S −0.0198% | get 0.0025% / 1h | 3m 36s | $29K | — | 100x |
OKX INJ-USDT-SWAP
GMX INJ/USD [WBTC.b-USDC]Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX against OKX. 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: −0.169% → 0.000%
- −$16.91
- Slippage, 4 orders
- no order book: not counted
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- −$18.37
- Costs to cover
- 0.220%
- Break-even
- 13.3 days
Slippage unknown: OKX: live order book, 5 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 OKX live order book, 5 min ago | 0.65 bp | 13.4 bp −$13 | 28.3 bp −$283 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_INJUSD | −0.0211% | 1h | 7.6724 | −0.086% | $795K | $3.5M | 50x | as long as short |
| Reya INJRUSDPERP | −0.0200% | 1h | 7.6786 | −0.005% | — | — | 20x | as long as short |
| dYdX INJ-USD | 0.0000% | 1h | 7.6695 | −0.124% | $79K | $17K | 5x | as long as short |
| gTrade (Gains Network) INJ/USD | L +0.0007% / S −0.0016% | 1h | 7.6670 | −0.156% | $19K | — | 150x | as long as short |
| Deribit INJ_USDC-PERPETUAL | +0.0024% | 1h | 7.6673 | −0.152% | $7K | $25K | 25x | as long as short |
| Aevo INJ-PERP | +0.0096% | 1h | 7.6655 | −0.176% | $69K | — | 3x | as long as short |
| Orderly PERP_INJ_USDC | +0.0100% | 8h | 7.6670 | −0.156% | $35K | $94K | 10x | as long as short |
| Hyperliquid INJ | +0.0100% | 1h | 7.6856 | +0.086% | $25.8M | $8.7M | 5x | as long as short |
| Aster INJUSDT | +0.0100% | 8h | 7.6731 | −0.077% | $139K | $420K | 20x | as long as short |
| Binance INJUSDT | +0.0100% | 8h | 7.6758 | −0.042% | $33.8M | $97.8M | 75x | as long as short |
Kraken Futures PF_INJUSD
Reya INJRUSDPERP
dYdX INJ-USD
gTrade (Gains Network) INJ/USD
Deribit INJ_USDC-PERPETUAL
Aevo INJ-PERP
Orderly PERP_INJ_USDC
Hyperliquid INJ
Aster INJUSDT
Binance INJUSDTShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit INJUSDT | +0.0100% | 8h | 7.6750 | −0.052% | $21.2M | $31.7M | 50x | as long as short |
| OKX INJ-USDT-SWAPlong | +0.0100% | 8h | 7.6790 | long leg | $6.2M | $19.2M | 50x | |
| Gate INJ_USDT | +0.0100% | 8h | 7.6730 | −0.078% | $2.7M | $5.3M | 50x | as long as short |
| KuCoin INJUSDTM | +0.0100% | 8h | 7.6740 | −0.065% | $8.5M | $18.2M | 50x | as long as short |
| Bitget INJUSDT | +0.0100% | 8h | 7.6770 | −0.026% | $14.0M | $10.4M | 75x | as long as short |
| Variational Omni INJ | +0.0100% | 8h | 7.6702 | −0.115% | $272K | $150K | — | as long as short |
| ApeX Omni INJUSDT | +0.0100% | 1h | 7.6640 | −0.195% | $46K | $270K | 50x | as long as short |
| Extended INJ-USD | +0.0104% | 1h | 7.6724 | −0.086% | $114K | $563K | 10x | as long as short |
| BloFin INJ-USDT | +0.0220% | 8h | 7.6550 | −0.313% | $1.6M | $5.7M | 75x | as long as short |
| BingX INJ-USDT | +0.0248% | 8h | 7.6740 | −0.065% | — | $20.8M | — | as long as short |
| MEXC INJ_USDT | +0.0261% | 8h | 7.6760 | −0.039% | $29.9M | $20.3M | 300x | as long as short |
| GMX INJ/USD [WBTC.b-USDC]short | L +0.0268% / S −0.0198% | 1h | 7.6660 | −0.169% | $29K | — | 100x | |
| Coinbase International INJ-PERP-INTX | +0.0480% | 1h | 7.6740 | −0.065% | $375K | $660K | 50x | as long as short |
| Injective INJ/USDC PERP | +0.1029% | 1h | 7.6880 | +0.117% | $321K | $12.1M | 30x | as long as short |
Bybit INJUSDT
Gate INJ_USDT
KuCoin INJUSDTM
Bitget INJUSDT
Variational Omni INJ
ApeX Omni INJUSDT
Extended INJ-USD
BloFin INJ-USDT
BingX INJ-USDT
MEXC INJ_USDT
Coinbase International INJ-PERP-INTX
Injective INJ/USDC PERP