Funding you earn now, next payment 23:00 UTC−0.0352%/8h= −38.6% APRnext payment −$0.44 per $10,000 · paid last 24h −0.031%
Price spread now: Injective against GMX+0.097%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. Injective is 0.097% dearer against GMX than usual: you sell high and buy low (spread +0.097% now, against zero (this spread has no 7-day history yet)): +$10 on $10k if it goes back. Holding the pair costs −$11 a day in funding at the current rate, which eats that in about 22 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX TIA/USD [ETH-USDC] | 0.4353 | L +0.0458% / S −0.3505% | pay 0.0057% / 1h | 4m 39s | $35K | — | 100x |
| Short | Injective TIA/USDC PERP | 0.4357 | 0.0106 | get 0.0013% / 1h | 4m 39s | $26K | $10K | 12x |
GMX TIA/USD [ETH-USDC]
Injective TIA/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective 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
- −$74.01
- Price spread: +0.097% → 0.000%
- $9.67
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$76.36
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: GMX: no order-book sample; Injective: 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 GMX no order-book sample | — | — | — | — | — |
| Sell Injective no order-book sample | — | — | — | — | — |
GMX and Injective: 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.
TIA on 27 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_TIAUSD | −0.0227% | 1h | 0.4355 | +0.044% | $356K | $242K | 50x | as long as short |
| OKX TIA-USDT-SWAP | −0.0149% | 4h | 0.4348 | −0.110% | $2.8M | $5.9M | 50x | as long as short |
| KuCoin TIAUSDTM | −0.0044% | 4h | 0.4349 | −0.087% | $4.2M | $8.6M | 50x | as long as short |
| Gate TIA_USDT | −0.0018% | 4h | 0.4352 | −0.018% | $998K | $1.8M | 75x | as long as short |
| ApeX Omni TIAUSDT | −0.0016% | 1h | 0.4334 | −0.432% | $49K | $236K | 50x | as long as short |
| Deribit TIA_USDC-PERPETUAL | 0.0000% | 1h | 0.4353 | +0.005% | $30K | $27K | 25x | as long as short |
| gTrade (Gains Network) TIA/USD | L +0.0002% / S 0.0000% | 1h | 0.4353 | +0.010% | $1K | — | 150x | as long as short |
| Lighter TIA | +0.0096% | 1h | 0.4356 | +0.078% | $128K | $351K | 10x | as long as short |
| Orderly PERP_TIA_USDC | +0.0097% | 4h | 0.4351 | −0.041% | $5K | $362K | 10x | as long as short |
| Variational Omni TIA | +0.0100% | 4h | 0.4341 | −0.273% | $101K | $84K | — | as long as short |
Kraken Futures PF_TIAUSD
OKX TIA-USDT-SWAP
KuCoin TIAUSDTM
Gate TIA_USDT
ApeX Omni TIAUSDT
Deribit TIA_USDC-PERPETUAL
gTrade (Gains Network) TIA/USD
Lighter TIA
Orderly PERP_TIA_USDC
Variational Omni TIAShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid TIA | +0.0100% | 1h | 0.4358 | +0.117% | $4.3M | $1.5M | 5x | as long as short |
| Aster TIAUSDT | +0.0100% | 4h | 0.4350 | −0.059% | $35K | $267K | 10x | as long as short |
| Binance TIAUSDT | +0.0100% | 4h | 0.4353 | +0.010% | $14.5M | $42.0M | 75x | as long as short |
| Bybit TIAUSDT | +0.0100% | 4h | 0.4350 | −0.064% | $9.5M | $13.2M | 50x | as long as short |
| MEXC TIA_USDT | +0.0100% | 4h | 0.4353 | +0.005% | $14.1M | $6.8M | 300x | as long as short |
| Bitget TIAUSDT | +0.0100% | 4h | 0.4351 | −0.041% | $4.5M | $3.5M | 75x | as long as short |
| BingX TIA-USDT | +0.0100% | 4h | 0.4350 | −0.064% | — | $99.0M | — | as long as short |
| Backpack TIA_USDC_PERP | +0.0100% | 1h | 0.4353 | +0.007% | $101K | $151K | 10x | as long as short |
| HTX TIA-USDT | +0.0100% | 4h | 0.4325 | −0.638% | $65K | $42K | 50x | as long as short |
| Extended TIA-USD | +0.0104% | 1h | 0.4348 | −0.118% | $57K | $168K | 25x | as long as short |
| Aevo TIA-PERP | +0.0104% | 1h | 0.4351 | −0.048% | $7K | — | 3x | as long as short |
| Injective TIA/USDC PERPshort | +0.0106% | 1h | 0.4357 | +0.097% | $26K | $10K | 12x | |
| Reya TIARUSDPERP | +0.0179% | 1h | 0.4351 | −0.047% | $6K | — | 15x | as long as short |
| Coinbase International TIA-PERP-INTX | +0.0216% | 1h | 0.4354 | +0.028% | $48K | $73K | 50x | as long as short |
| BloFin TIA-USDT | +0.0340% | 4h | 0.4355 | +0.051% | $1.1M | $562K | 75x | as long as short |
| GMX TIA/USD [ETH-USDC]long | L +0.0458% / S −0.3505% | 1h | 0.4353 | long leg | $35K | — | 100x | |
| dYdX TIA-USD | +0.0735% | 1h | 0.4353 | +0.014% | $52K | $59 | 10x | as long as short |
Hyperliquid TIA
Aster TIAUSDT
Binance TIAUSDT
Bybit TIAUSDT
MEXC TIA_USDT
Bitget TIAUSDT
BingX TIA-USDT
Backpack TIA_USDC_PERP
HTX TIA-USDT
Extended TIA-USD
Aevo TIA-PERP
Reya TIARUSDPERP
Coinbase International TIA-PERP-INTX
BloFin TIA-USDT
dYdX TIA-USD