Funding you earn now, next payment 09:00 UTC+0.0096%/8h= +10.5% APRpaid last 24h +0.025%
Price spread now: GMX against BingX−0.078%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 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 0.078% cheaper against BingX than usual: you would sell low and buy high (spread −0.078% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$8 on $10k: about 2.7 days of funding at the current rate (+$3 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX INJ-USDT | 7.7470 | 0.0248 | pay 0.0248% / 8h | 7h 32m | — | $21.7M | — |
| Short | GMX INJ/USD [WBTC.b-USDC] | 7.7410 | L +0.0326% / S −0.0344% | get 0.0043% / 1h | 32m 05s | $40K | — | 100x |
BingX INJ-USDT
GMX INJ/USD [WBTC.b-USDC]Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX against BingX. 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
- $20.14
- Price spread: −0.078% → 0.000%
- −$7.8
- Slippage, 4 orders
- no order book: not counted
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- −$9.66
- Costs to cover
- 0.220%
- Break-even
- 10.4 days
Slippage unknown: BingX: live order book, 7 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 BingX live order book, 7 min ago | 0.64 bp | 5.6 bp −$6 | 10.6 bp −$106 | 31.6 bp −$3,164 | 123.3 bp −$61.7K |
| 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 | 7.7392 | −0.100% | — | — | 20x | as long as short |
| gTrade (Gains Network) INJ/USD | L +0.0007% / S −0.0022% | 1h | 7.7430 | −0.052% | $18K | — | 150x | as long as short |
| dYdX INJ-USD | +0.0057% | 1h | 7.7534 | +0.082% | $80K | $18K | 5x | as long as short |
| Aevo INJ-PERP | +0.0096% | 1h | 7.7339 | −0.169% | $70K | — | 3x | as long as short |
| Orderly PERP_INJ_USDC | +0.0100% | 8h | 7.7470 | 0.000% | $34K | $72K | 10x | as long as short |
| Aster INJUSDT | +0.0100% | 8h | 7.7504 | +0.044% | $149K | $445K | 20x | as long as short |
| Binance INJUSDT | +0.0100% | 8h | 7.7543 | +0.094% | $34.5M | $103.8M | 75x | as long as short |
| Bybit INJUSDT | +0.0100% | 8h | 7.7500 | +0.039% | $21.5M | $32.9M | 50x | as long as short |
| OKX INJ-USDT-SWAP | +0.0100% | 8h | 7.7520 | +0.065% | $6.1M | $20.9M | 50x | as long as short |
| Gate INJ_USDT | +0.0100% | 8h | 7.7460 | −0.013% | $2.7M | $5.8M | 50x | as long as short |
Reya INJRUSDPERP
gTrade (Gains Network) INJ/USD
dYdX INJ-USD
Aevo INJ-PERP
Orderly PERP_INJ_USDC
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 | 7.7460 | −0.013% | $8.5M | $18.6M | 50x | as long as short |
| Bitget INJUSDT | +0.0100% | 8h | 7.7460 | −0.013% | $14.2M | $12.0M | 75x | as long as short |
| Variational Omni INJ | +0.0100% | 8h | 7.7692 | +0.287% | $276K | $143K | — | as long as short |
| ApeX Omni INJUSDT | +0.0100% | 1h | 7.7960 | +0.633% | $47K | $266K | 50x | as long as short |
| Extended INJ-USD | +0.0104% | 1h | 7.7435 | −0.046% | $118K | $639K | 10x | as long as short |
| BloFin INJ-USDT | +0.0220% | 8h | 7.7620 | +0.194% | $1.7M | $5.8M | 75x | as long as short |
| BingX INJ-USDTlong | +0.0248% | 8h | 7.7470 | long leg | — | $21.7M | — | |
| MEXC INJ_USDT | +0.0261% | 8h | 7.7490 | +0.026% | $31.2M | $21.1M | 300x | as long as short |
| GMX INJ/USD [WBTC.b-USDC]short | L +0.0326% / S −0.0344% | 1h | 7.7410 | −0.078% | $40K | — | 100x | |
| Deribit INJ_USDC-PERPETUAL | +0.0421% | 1h | 7.7509 | +0.050% | $5K | $27K | 25x | as long as short |
| Coinbase International INJ-PERP-INTX | +0.0680% | 1h | 7.7570 | +0.129% | $387K | $746K | 50x | as long as short |
| Hyperliquid INJ | +0.0684% | 1h | 7.7591 | +0.156% | $26.1M | $8.8M | 5x | as long as short |
| Kraken Futures PF_INJUSD | +0.0830% | 1h | 7.7574 | +0.134% | $849K | $3.8M | 50x | as long as short |
| Injective INJ/USDC PERP | +0.1302% | 1h | 7.7870 | +0.516% | $539K | $11.4M | 30x | as long as short |
KuCoin INJUSDTM
Bitget INJUSDT
Variational Omni INJ
ApeX Omni INJUSDT
Extended INJ-USD
BloFin INJ-USDT
MEXC INJ_USDT
Deribit INJ_USDC-PERPETUAL
Coinbase International INJ-PERP-INTX
Hyperliquid INJ
Kraken Futures PF_INJUSD
Injective INJ/USDC PERP