Funding you earn now, next payment 07:00 UTC+0.0098%/8h= +10.8% APRpaid last 24h +0.061%
Price spread now: GMX against Orderly+0.016%61s7-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 sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$3 a day on $10k at the current rate. The two prices were read 61 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_INJ_USDC | 7.6300 | 0.0100 | pay 0.0100% / 8h | 1h 29m | $34K | $94K | 10x |
| Short | GMX INJ/USD [WBTC.b-USDC] | 7.6312 | L +0.0268% / S −0.0198% | get 0.0025% / 1h | 29m 29s | $29K | — | 100x |
Orderly PERP_INJ_USDC
GMX INJ/USD [WBTC.b-USDC]Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX against Orderly. 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
- $20.62
- Price spread: +0.016% → 0.000%
- $1.6
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- $4.22
- Costs to cover
- 0.180%
- Break-even
- 5.6 days
Slippage unknown: Orderly: 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 Orderly no order-book sample | — | — | — | — | — |
| Sell GMX no order-book sample | — | — | — | — | — |
Orderly 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.
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 | 7.6278 | −0.029% | — | — | 20x | as long as short |
| gTrade (Gains Network) INJ/USD | L +0.0007% / S −0.0017% | 1h | 7.6332 | +0.041% | $18K | — | 150x | as long as short |
| dYdX INJ-USD | +0.0019% | 1h | 7.6308 | +0.011% | $79K | $17K | 5x | as long as short |
| Kraken Futures PF_INJUSD | +0.0054% | 1h | 7.6358 | +0.076% | $777K | $3.5M | 50x | as long as short |
| Aevo INJ-PERP | +0.0096% | 1h | 7.6310 | +0.013% | $69K | — | 3x | as long as short |
| Orderly PERP_INJ_USDClong | +0.0100% | 8h | 7.6300 | long leg | $34K | $94K | 10x | |
| Aster INJUSDT | +0.0100% | 8h | 7.6353 | +0.069% | $139K | $421K | 20x | as long as short |
| Binance INJUSDT | +0.0100% | 8h | 7.6370 | +0.092% | $33.6M | $97.8M | 75x | as long as short |
| Bybit INJUSDT | +0.0100% | 8h | 7.6328 | +0.037% | $21.1M | $31.6M | 50x | as long as short |
| OKX INJ-USDT-SWAP | +0.0100% | 8h | 7.6350 | +0.066% | $6.2M | $19.1M | 50x | as long as short |
Reya INJRUSDPERP
gTrade (Gains Network) INJ/USD
dYdX INJ-USD
Kraken Futures PF_INJUSD
Aevo INJ-PERP
Aster INJUSDT
Binance INJUSDT
Bybit INJUSDT
OKX INJ-USDT-SWAPShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate INJ_USDT | +0.0100% | 8h | 7.6330 | +0.039% | $2.6M | $5.3M | 50x | as long as short |
| KuCoin INJUSDTM | +0.0100% | 8h | 7.6320 | +0.026% | $8.5M | $18.3M | 50x | as long as short |
| Bitget INJUSDT | +0.0100% | 8h | 7.6300 | 0.000% | $14.1M | $10.5M | 75x | as long as short |
| Variational Omni INJ | +0.0100% | 8h | 7.6292 | −0.011% | $271K | $150K | — | as long as short |
| ApeX Omni INJUSDT | +0.0100% | 1h | 7.6490 | +0.249% | $46K | $269K | 50x | as long as short |
| Extended INJ-USD | +0.0104% | 1h | 7.6343 | +0.056% | $113K | $565K | 10x | as long as short |
| BloFin INJ-USDT | +0.0220% | 8h | 7.6370 | +0.092% | $1.6M | $5.7M | 75x | as long as short |
| BingX INJ-USDT | +0.0248% | 8h | 7.6360 | +0.079% | — | $21.3M | — | as long as short |
| Hyperliquid INJ | +0.0257% | 1h | 7.6428 | +0.168% | $25.7M | $8.6M | 5x | as long as short |
| MEXC INJ_USDT | +0.0261% | 8h | 7.6350 | +0.066% | $29.8M | $20.1M | 300x | as long as short |
| GMX INJ/USD [WBTC.b-USDC]short | L +0.0268% / S −0.0198% | 1h | 7.6312 | +0.016% | $29K | — | 100x | |
| Deribit INJ_USDC-PERPETUAL | +0.0287% | 1h | 7.6347 | +0.062% | $7K | $25K | 25x | as long as short |
| Coinbase International INJ-PERP-INTX | +0.0464% | 1h | 7.6830 | +0.695% | $383K | $674K | 50x | as long as short |
| Injective INJ/USDC PERP | +0.1179% | 1h | 7.6610 | +0.406% | $319K | $12.1M | 30x | as long as short |
Gate INJ_USDT
KuCoin INJUSDTM
Bitget INJUSDT
Variational Omni INJ
ApeX Omni INJUSDT
Extended INJ-USD
BloFin INJ-USDT
BingX INJ-USDT
Hyperliquid INJ
MEXC INJ_USDT
Deribit INJ_USDC-PERPETUAL
Coinbase International INJ-PERP-INTX
Injective INJ/USDC PERP