Funding you earn now, next payment 06:00 UTC−0.0048%/8h= −5.2% APRpaid last 24h −0.027%
Price spread now: BloFin against GMX+0.080%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
The price spread pays, funding is against you. BloFin is 0.080% dearer against GMX than usual: you sell high and buy low (spread +0.080% now, against zero (this spread has no 7-day history yet)): +$8 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 5.6 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX INJ/USD [WBTC.b-USDC] | 7.6519 | L +0.0268% / S −0.0198% | pay 0.0033% / 1h | 6m 54s | $29K | — | 100x |
| Short | BloFin INJ-USDT | 7.6580 | 0.0220 | get 0.0220% / 8h | 2h 06m | $1.6M | $5.7M | 75x |
GMX INJ/USD [WBTC.b-USDC]
BloFin INJ-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against GMX. 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
- −$10.06
- Price spread: +0.080% → 0.000%
- $8.01
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$26.04
- Costs to cover
- 0.240%
- Break-even
- never at this rate
Slippage unknown: GMX: no order-book sample; BloFin: live order book, 7 min ago. 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 GMX no order-book sample | — | — | — | — | — |
| Sell BloFin live order book, 7 min ago | 4.58 bp | 13.6 bp −$14 | 28.6 bp −$286 | 161.7 bp −$16.2K | doesn't fit |
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 | 7.6631 | +0.146% | $794K | $3.5M | 50x | as long as short |
| Reya INJRUSDPERP | −0.0200% | 1h | 7.6463 | −0.073% | — | — | 20x | as long as short |
| dYdX INJ-USD | 0.0000% | 1h | 7.6422 | −0.126% | $79K | $17K | 5x | as long as short |
| gTrade (Gains Network) INJ/USD | L +0.0007% / S −0.0016% | 1h | 7.6530 | +0.015% | $19K | — | 150x | as long as short |
| Deribit INJ_USDC-PERPETUAL | +0.0090% | 1h | 7.6607 | +0.115% | $6K | $24K | 25x | as long as short |
| Aevo INJ-PERP | +0.0096% | 1h | 7.6591 | +0.094% | $69K | — | 3x | as long as short |
| Orderly PERP_INJ_USDC | +0.0100% | 8h | 7.6600 | +0.106% | $34K | $94K | 10x | as long as short |
| Hyperliquid INJ | +0.0100% | 1h | 7.6652 | +0.174% | $25.8M | $8.7M | 5x | as long as short |
| Aster INJUSDT | +0.0100% | 8h | 7.6567 | +0.063% | $139K | $420K | 20x | as long as short |
| Binance INJUSDT | +0.0100% | 8h | 7.6578 | +0.078% | $33.7M | $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 | 7.6520 | +0.002% | $21.1M | $31.7M | 50x | as long as short |
| OKX INJ-USDT-SWAP | +0.0100% | 8h | 7.6570 | +0.067% | $6.2M | $19.1M | 50x | as long as short |
| Gate INJ_USDT | +0.0100% | 8h | 7.6530 | +0.015% | $2.7M | $5.3M | 50x | as long as short |
| KuCoin INJUSDTM | +0.0100% | 8h | 7.6530 | +0.015% | $8.5M | $18.2M | 50x | as long as short |
| Bitget INJUSDT | +0.0100% | 8h | 7.6510 | −0.011% | $14.0M | $10.4M | 75x | as long as short |
| Variational Omni INJ | +0.0100% | 8h | 7.6292 | −0.297% | $272K | $148K | — | as long as short |
| ApeX Omni INJUSDT | +0.0100% | 1h | 7.6390 | −0.168% | $46K | $270K | 50x | as long as short |
| Extended INJ-USD | +0.0104% | 1h | 7.6558 | +0.052% | $113K | $563K | 10x | as long as short |
| BloFin INJ-USDTshort | +0.0220% | 8h | 7.6580 | +0.080% | $1.6M | $5.7M | 75x | |
| BingX INJ-USDT | +0.0248% | 8h | 7.6550 | +0.041% | — | $20.8M | — | as long as short |
| MEXC INJ_USDT | +0.0261% | 8h | 7.6580 | +0.080% | $30.0M | $20.3M | 300x | as long as short |
| GMX INJ/USD [WBTC.b-USDC]long | L +0.0268% / S −0.0198% | 1h | 7.6519 | long leg | $29K | — | 100x | |
| Coinbase International INJ-PERP-INTX | +0.0480% | 1h | 7.6640 | +0.159% | $374K | $662K | 50x | as long as short |
| Injective INJ/USDC PERP | +0.1029% | 1h | 7.6640 | +0.159% | $319K | $12.1M | 30x | as long as short |
Bybit INJUSDT
OKX INJ-USDT-SWAP
Gate INJ_USDT
KuCoin INJUSDTM
Bitget INJUSDT
Variational Omni INJ
ApeX Omni INJUSDT
Extended INJ-USD
BingX INJ-USDT
MEXC INJ_USDT
Coinbase International INJ-PERP-INTX
Injective INJ/USDC PERP