MEW

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0033%/8h= −3.6% APRnext payment −$0.04 per $10,000 · paid last 24h −0.010%

Price spread now: GMX against Injective+10.690%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Injective Short on GMX

What this pair did over the last

the charts below follow

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

The price spread pays, funding is against you. GMX is 10.690% dearer against Injective than usual: you sell high and buy low (spread +10.690% now, against zero (this spread has no 7-day history yet)): +$1,069 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about years.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Injective MEW/USDC PERP	0.0004219	0.0033	pay 0.0004% / 1h	2m 27s	$46	$14K	5.5x
Short	GMX MEW/USD [WBTC.b-USDC]	0.0004670	L 0.0000% / S 0.0000%	get 0.0000% / 1h	2m 27s	—	—	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX against Injective. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee InjectivebpFee GMXbpOrdersPrice spread, now +10.690%Rate

Funding earned: −$7
Price spread: +10.690% → 0.000%: $1,068.97
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee GMX: 6 bp × 2 orders: −$12
Net: $1,049.95
Costs to cover: 0.120%
Break-even: from the start

Slippage unknown: Injective: no order-book sample; 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 Injective no order-book sample	—	—	—	—	—
Sell GMX no order-book sample	—	—	—	—	—

Injective and 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.

MEW on 12 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
GMX MEW/USD [WBTC.b-USDC]short	L 0.0000% / S 0.0000%	1h	0.0004670	+10.690%	—	—	100x
Injective MEW/USDC PERPlong	+0.0033%	1h	0.0004219	long leg	$46	$14K	5.5x
Binance MEWUSDT	+0.0100%	4h	0.0004655	+10.339%	$1.2M	$2.8M	50x	as long as short
Bybit MEWUSDT	+0.0100%	4h	0.0004655	+10.334%	$1.5M	$1.1M	25x	as long as short
OKX MEW-USDT-SWAP	+0.0100%	4h	0.0004653	+10.287%	$524K	$712K	20x	as long as short
Gate MEW_USDT	+0.0100%	4h	0.0004650	+10.216%	$123K	$88K	50x	as long as short
MEXC MEW_USDT	+0.0100%	4h	0.0004666	+10.595%	$388K	$176K	125x	as long as short
KuCoin MEWUSDTM	+0.0100%	4h	0.0004671	+10.713%	$339K	$116K	30x	as long as short
Bitget MEWUSDT	+0.0100%	4h	0.0004656	+10.358%	$490K	$367K	50x	as long as short
BingX MEW-USDT	+0.0100%	4h	0.0004653	+10.287%	—	$24.2M	—	as long as short

Show all 12 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni MEW	+0.0100%	4h	0.0004705	+11.511%	$83K	$32K	—	as long as short
Kraken Futures PF_MEWUSD	+0.0684%	1h	0.0004704	+11.499%	$92K	$106K	10x	as long as short