Funding you earn now, next payment 03:00 UTC+0.0098%/8h= +10.7% APRpaid last 24h +0.067%
Price spread now: GMX against Bitget+0.075%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 0.075% dearer against Bitget than usual: you sell high and buy low: +$8 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 | Bitget INJUSDT | 7.7920 | 0.0100 | pay 0.0100% / 8h | 5h 11m | $14.3M | $9.7M | 75x |
| Short | GMX INJ/USD [WBTC.b-USDC] | 7.7978 | L +0.0269% / S −0.0198% | get 0.0025% / 1h | 11m 48s | $30K | — | 100x |
Bitget INJUSDT
GMX INJ/USD [WBTC.b-USDC]Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX against Bitget. 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: +0.075% → 0.000%
- $7.5
- Slippage, 4 orders
- no order book: not counted
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- $4.04
- Costs to cover
- 0.240%
- Break-even
- 5.6 days
Slippage unknown: Bitget: live order book, 2 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 Bitget live order book, 2 min ago | 3.20 bp | 12.2 bp −$12 | 16.9 bp −$169 | 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 | 7.7954 | +0.043% | — | — | 20x | as long as short |
| Deribit INJ_USDC-PERPETUAL | 0.0000% | 1h | 7.8021 | +0.130% | $6K | $24K | 25x | as long as short |
| dYdX INJ-USD | +0.0003% | 1h | 7.7947 | +0.035% | $81K | $17K | 5x | as long as short |
| gTrade (Gains Network) INJ/USD | L +0.0006% / S −0.0002% | 1h | 7.8000 | +0.102% | $3K | — | 150x | as long as short |
| Aevo INJ-PERP | +0.0096% | 1h | 7.7965 | +0.058% | $70K | — | 3x | as long as short |
| Aster INJUSDT | +0.0100% | 8h | 7.7968 | +0.062% | $149K | $413K | 20x | as long as short |
| Binance INJUSDT | +0.0100% | 8h | 7.7978 | +0.075% | $35.4M | $89.9M | 75x | as long as short |
| Bybit INJUSDT | +0.0100% | 8h | 7.7937 | +0.022% | $22.1M | $30.3M | 50x | as long as short |
| OKX INJ-USDT-SWAP | +0.0100% | 8h | 7.7920 | 0.000% | $6.4M | $18.4M | 50x | as long as short |
| Gate INJ_USDT | +0.0100% | 8h | 7.7910 | −0.013% | $2.7M | $4.9M | 50x | as long as short |
Reya INJRUSDPERP
Deribit INJ_USDC-PERPETUAL
dYdX INJ-USD
gTrade (Gains Network) INJ/USD
Aevo INJ-PERP
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 | 7.7960 | +0.051% | $9.6M | $16.4M | 50x | as long as short |
| Bitget INJUSDTlong | +0.0100% | 8h | 7.7920 | long leg | $14.3M | $9.7M | 75x | |
| Variational Omni INJ | +0.0100% | 8h | 7.8320 | +0.513% | $275K | $149K | — | as long as short |
| ApeX Omni INJUSDT | +0.0100% | 1h | 7.8410 | +0.629% | $47K | $271K | 50x | as long as short |
| Orderly PERP_INJ_USDC | +0.0100% | 8h | 7.8000 | +0.103% | $35K | $92K | 10x | as long as short |
| Extended INJ-USD | +0.0104% | 1h | 7.7931 | +0.014% | $117K | $367K | 10x | as long as short |
| BloFin INJ-USDT | +0.0220% | 8h | 7.8100 | +0.231% | $1.7M | $6.4M | 75x | as long as short |
| GMX INJ/USD [WBTC.b-USDC]short | L +0.0269% / S −0.0198% | 1h | 7.7978 | +0.075% | $30K | — | 100x | |
| BingX INJ-USDT | +0.0271% | 8h | 7.7950 | +0.039% | — | $21.1M | — | as long as short |
| MEXC INJ_USDT | +0.0285% | 8h | 7.7970 | +0.064% | $32.0M | $20.9M | 300x | as long as short |
| Hyperliquid INJ | +0.0327% | 1h | 7.8043 | +0.158% | $26.3M | $8.6M | 5x | as long as short |
| Kraken Futures PF_INJUSD | +0.0439% | 1h | 7.8002 | +0.105% | $862K | $3.0M | 50x | as long as short |
| Coinbase International INJ-PERP-INTX | +0.0640% | 1h | 7.8360 | +0.565% | $385K | $578K | 50x | as long as short |
| Injective INJ/USDC PERP | +0.1331% | 1h | 7.8510 | +0.757% | $327K | $12.1M | 30x | as long as short |
KuCoin INJUSDTM
Variational Omni INJ
ApeX Omni INJUSDT
Orderly PERP_INJ_USDC
Extended INJ-USD
BloFin INJ-USDT
BingX INJ-USDT
MEXC INJ_USDT
Hyperliquid INJ
Kraken Futures PF_INJUSD
Coinbase International INJ-PERP-INTX
Injective INJ/USDC PERP