Spread before costs (cost unknown: a leg has no order-book sample)−0.094%
7d average—if it closes, per $10,000$9funding while held, a day−$1.38
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid INJ | 7.7191 | 0.0338 | pay 0.0042% / 1h | 10m 13s | $25.8M | $9.6M | 5x |
| Short | GMX INJ/USD [WBTC.b-USDC] | 7.7119 | L +0.0306% / S −0.0292% | get 0.0037% / 1h | 10m 13s | $48K | — | 100x |
Hyperliquid INJ
GMX INJ/USD [WBTC.b-USDC]Price spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- −$9.39
- Funding while held
- −$1.38
- Slippage, 4 orders
- no order book: not counted
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- −$31.78
- Spread needed to break even
- 0.210%
Slippage unknown: Hyperliquid: live order book, 4 min ago; GMX: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0046%
- Per $10,000 a day
- −$1.38
- Average in range /8h
- —
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 Hyperliquid live order book, 4 min ago | 1.10 bp | 8.0 bp −$8 | doesn't fit | 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 price on every exchange
against the cheapest. Click to use as the short leg.ApeX Omni7.6920cheapestOKX7.6990+0.091%Bybit7.7000+0.104%Variational Omni7.7002+0.106%Bitget7.7020+0.130%Reya7.7037+0.152%Extended7.7058+0.180%BingX7.7060+0.182%Aevo7.7061+0.184%Orderly7.7070+0.195%Binance7.7080+0.208%MEXC7.7080+0.208%KuCoin7.7080+0.208%Gate7.7090+0.221%BloFin7.7100+0.234%Deribit7.7109+0.246%
ApeX Omni
OKX
Bybit
Variational Omni
Bitget
Reya
Extended
BingX
Aevo
Orderly
Binance
MEXC
KuCoin
Gate
BloFin
DeribitGMX7.7119+0.258%
gTrade (Gains Network)7.7128+0.270%Kraken Futures7.7152+0.302%Aster7.7164+0.318%dYdX7.7178+0.335%
gTrade (Gains Network)
Kraken Futures
Aster
dYdXHyperliquid7.7191+0.352%
Coinbase International7.7280+0.468%Injective7.7300+0.494%
Coinbase International
InjectiveINJ on 24 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| ApeX Omni INJUSDT | −0.351% | +0.0100% | 1h | $49K | $316K | 50x | as long as short |
| OKX INJ-USDT-SWAP | −0.260% | −0.0108% | 8h | $6.4M | $25.6M | 50x | as long as short |
| Bybit INJUSDT | −0.247% | −0.0148% | 8h | $21.8M | $34.9M | 50x | as long as short |
| Variational Omni INJ | −0.245% | −0.0196% | 8h | $255K | $165K | — | as long as short |
| Bitget INJUSDT | −0.222% | +0.0100% | 8h | $14.1M | $13.1M | 75x | as long as short |
| Reya INJRUSDPERP | −0.200% | −0.0200% | 1h | — | — | 20x | as long as short |
| Extended INJ-USD | −0.172% | +0.0040% | 1h | $100K | $450K | 10x | as long as short |
| BingX INJ-USDT | −0.170% | +0.0186% | 8h | — | $22.1M | — | as long as short |
| Aevo INJ-PERP | −0.168% | +0.0040% | 1h | $70K | $13K | 3x | as long as short |
| Orderly PERP_INJ_USDC | −0.157% | +0.0065% | 8h | $32K | $58K | 10x | as long as short |
Show all 24 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Binance INJUSDT | −0.144% | +0.0043% | 8h | $35.0M | $103.5M | 75x | as long as short |
| MEXC INJ_USDT | −0.144% | +0.0188% | 8h | $32.0M | $25.0M | 300x | as long as short |
| KuCoin INJUSDTM | −0.144% | +0.0100% | 8h | $9.7M | $17.2M | 50x | as long as short |
| Gate INJ_USDT | −0.131% | −0.0123% | 8h | $2.7M | $5.7M | 50x | as long as short |
| BloFin INJ-USDT | −0.118% | +0.0161% | 8h | $1.9M | $7.7M | 75x | as long as short |
| Deribit INJ_USDC-PERPETUAL | −0.106% | 0.0000% | 1h | $11K | $20K | 25x | as long as short |
| GMX INJ/USD [WBTC.b-USDC]short | −0.094% | L +0.0306% / S −0.0292% | 1h | $48K | — | 100x | |
| gTrade (Gains Network) INJ/USD | −0.082% | L +0.0006% / S −0.0002% | 1h | $3K | — | 150x | as long as short |
| Kraken Futures PF_INJUSD | −0.050% | +0.0521% | 1h | $1.0M | $3.2M | 50x | as long as short |
| Aster INJUSDT | −0.035% | +0.0100% | 8h | $152K | $476K | 20x | as long as short |
| dYdX INJ-USD | −0.017% | 0.0000% | 1h | $91K | $13K | 5x | as long as short |
| Hyperliquid INJlong | 0.000% | +0.0338% | 1h | $25.8M | $9.6M | 5x | |
| Coinbase International INJ-PERP-INTX | +0.115% | +0.0456% | 1h | $333K | $1.2M | 50x | as long as short |
| Injective INJ/USDC PERP | +0.141% | +0.1109% | 1h | $312K | $12.2M | 30x | as long as short |