AR

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0584%/8h= −63.9% APRnext payment −$0.73 per $10,000 · paid last 24h −0.194%

Price spread now: GMX against Injective−0.618%7-day average — · you buy dearer than you sell

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

Both sides work against this trade now: funding costs −$18 a day on $10k at the current rate, and GMX is 0.618% cheaper against Injective than usual: you would sell low and buy high (−$62 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	Injective AR/USDC PERP	4.5720	0.0033	pay 0.0004% / 1h	19m 09s	$3K	$339	5.5x
Short	GMX AR/USD [WBTC.b-USDC]	4.5438	L −0.0140% / S +0.0551%	pay 0.0069% / 1h	19m 09s	$584K	—	50x

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 −0.618%Rate

Funding earned: −$122.63
Price spread: −0.618% → 0.000%: −$61.79
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: −$196.44
Costs to cover: 0.120%
Break-even: never at this rate

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.

AR on 17 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_ARUSD	−0.1906%	1h	4.5403	−0.694%	$47K	$156K	20x	as long as short
GMX AR/USD [WBTC.b-USDC]short	L −0.0140% / S +0.0551%	1h	4.5438	−0.618%	$584K	—	50x
Injective AR/USDC PERPlong	+0.0033%	1h	4.5720	long leg	$3K	$339	5.5x
OKX AR-USDT-SWAP	+0.0046%	8h	4.5320	−0.875%	$2.3M	$20.6M	20x	as long as short
Extended AR-USD	+0.0080%	1h	4.5382	−0.738%	$37K	$237K	10x	as long as short
MEXC AR_USDT	+0.0082%	8h	4.5380	−0.744%	$6.7M	$4.6M	100x	as long as short
Binance ARUSDT	+0.0082%	8h	4.5380	−0.744%	$8.9M	$55.7M	75x	as long as short
Hyperliquid AR	+0.0100%	1h	4.5467	−0.553%	$3.9M	$4.8M	5x	as long as short
Aster ARUSDT	+0.0100%	8h	4.5390	−0.722%	$20K	$615K	10x	as long as short
Bybit ARUSDT	+0.0100%	8h	4.5352	−0.805%	$4.7M	$8.9M	75x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate AR_USDT	+0.0100%	8h	4.5380	−0.744%	$2.6M	$2.3M	50x	as long as short
KuCoin ARUSDTM	+0.0100%	8h	4.5380	−0.744%	$1.4M	$1.1M	50x	as long as short
Bitget ARUSDT	+0.0100%	8h	4.5320	−0.875%	$3.8M	$5.6M	75x	as long as short
BingX AR-USDT	+0.0100%	8h	4.5360	−0.787%	—	$2.9M	—	as long as short
Variational Omni AR	+0.0100%	8h	4.5284	−0.953%	$137K	$173K	—	as long as short
ApeX Omni ARUSDT	+0.0100%	1h	4.5300	−0.919%	$57K	$748K	50x	as long as short
BloFin AR-USDT	+0.0202%	8h	4.5410	−0.678%	$421K	$673K	20x	as long as short