Funding you earn now, next payment 06:00 UTC+0.0210%/8h= +23.0% APRnext payment +$0.26 per $10,000 · paid last 24h −0.067%
Price spread now: GMX against Injective+0.358%7-day average −0.039% · 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)−0.177%−$18 on $10k
+Price spread, last 4 days (all we have)−0.383%−$38 · spread now +0.358%, 7d avg −0.039%
=Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and GMX is 0.397% dearer against Injective than usual: you sell high and buy low: +$40 more if the spread goes back to its 7-day average of −0.039%. Mind the row above: over the last 3 days funding on this pair cost −0.177%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective UNI/USDC PERP | 8.8300 | 0.0033 | pay 0.0004% / 1h | 31m 15s | $660 | $153K | 12x |
| Short | GMX UNI/USD [UNI-USDC] | 8.8616 | L +0.0381% / S −0.0244% | get 0.0030% / 1h | 31m 15s | $631K | — | 120x |
Injective UNI/USDC PERP
GMX UNI/USD [UNI-USDC]Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX against Injective. 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
- $44.16
- Price spread: +0.358% → −0.039%
- $39.7
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- $71.84
- Costs to cover
- 0.120%
- Break-even
- from the start
Slippage unknown: Injective: 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 Injective no order-book sample | — | — | — | — | — |
| Sell GMX no order-book sample | — | — | — | — | — |
Injective 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.
UNI on 40 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 | |
|---|---|---|---|---|---|---|---|---|
| Nado UNI-PERP | −0.0119% | 1h | 8.8550 | +0.283% | $821K | $4.7M | 10x | as long as short |
| 01 Exchange UNIUSD | −0.0048% | 1h | 8.8637 | +0.382% | $442 | $5 | 10x | as long as short |
| Kraken Futures PF_UNIUSD | −0.0017% | 1h | 8.8680 | +0.430% | $4.8M | $8.5M | 50x | as long as short |
| gTrade (Gains Network) UNI/USD | L +0.0004% / S −0.0007% | 1h | 8.8630 | +0.373% | $48K | — | 150x | as long as short |
| Injective UNI/USDC PERPlong | +0.0033% | 1h | 8.8300 | long leg | $660 | $153K | 12x | |
| Polymarket Perps UNI-USD | +0.0085% | 1h | 8.8602 | +0.342% | $96K | $515K | 10x | as long as short |
| Lighter UNI | +0.0096% | 1h | 8.8710 | +0.464% | $4.5M | $5.5M | 15x | as long as short |
| Paradex UNI-USD-PERP | +0.0100% | 8h | 8.8585 | +0.322% | $25K | — | 20x | as long as short |
| Aster UNIUSDT | +0.0100% | 8h | 8.8645 | +0.390% | $750K | $3.6M | 50x | as long as short |
| Pacifica UNI | +0.0100% | 1h | 8.8630 | +0.374% | $284K | $612K | 10x | as long as short |
Nado UNI-PERP
01 Exchange UNIUSD
Kraken Futures PF_UNIUSD
gTrade (Gains Network) UNI/USD
Polymarket Perps UNI-USD
Lighter UNI
Paradex UNI-USD-PERP
Aster UNIUSDT
Pacifica UNIShow all 40 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance UNIUSDT | +0.0100% | 8h | 8.8630 | +0.374% | $215.3M | $659.2M | 75x | as long as short |
| Bybit UNIUSDT | +0.0100% | 8h | 8.8620 | +0.362% | $99.0M | $112.3M | 75x | as long as short |
| OKX UNI-USDT-SWAP | +0.0100% | 8h | 8.8620 | +0.362% | $53.8M | $263.6M | 50x | as long as short |
| Arcus UNI-USD | +0.0100% | 1h | 8.8690 | +0.442% | $316K | $700K | 10x | as long as short |
| Gate UNI_USDT | +0.0100% | 8h | 8.8630 | +0.374% | $24.0M | $65.4M | 75x | as long as short |
| MEXC UNI_USDT | +0.0100% | 8h | 8.8620 | +0.362% | $46.4M | $26.4M | 200x | as long as short |
| KuCoin UNIUSDTM | +0.0100% | 8h | 8.8650 | +0.396% | $13.0M | $13.5M | 75x | as long as short |
| Bitget UNIUSDT | +0.0100% | 8h | 8.8610 | +0.351% | $32.6M | $46.5M | 75x | as long as short |
| BingX UNI-USDT | +0.0100% | 8h | 8.8610 | +0.351% | — | $57.2M | — | as long as short |
| Backpack UNI_USDC_PERP | +0.0100% | 1h | 8.8658 | +0.405% | $1.0M | $2.4M | 10x | as long as short |
| Variational Omni UNI | +0.0100% | 8h | 8.8991 | +0.783% | $4.1M | $4.2M | — | as long as short |
| edgeX UNIUSDC | +0.0100% | 4h | 8.8670 | +0.420% | $168K | $346K | 20x | as long as short |
| GRVT UNI_USDT_Perp | +0.0100% | 8h | 8.8791 | +0.556% | $619K | $2.7M | 10x | as long as short |
| ApeX Omni UNIUSDT | +0.0100% | 1h | 8.8700 | +0.453% | $91K | $706K | 50x | as long as short |
| StandX UNI-USD | +0.0100% | 1h | 8.8710 | +0.464% | $15K | $3.4M | 20x | as long as short |
| Orderly PERP_UNI_USDC | +0.0100% | 8h | 8.8630 | +0.374% | $16K | $1.6M | 10x | as long as short |
| SunX UNI-USDT | +0.0100% | 8h | 8.8685 | +0.436% | $36K | $1.4M | 30x | as long as short |
| SoDEX UNI-USD | +0.0100% | 1h | 8.8631 | +0.375% | $32K | $857K | 10x | as long as short |
| HTX UNI-USDT | +0.0100% | 8h | 8.8697 | +0.450% | $708K | $5.0M | 75x | as long as short |
| Phemex UNIUSDT | +0.0100% | 8h | 8.8630 | +0.374% | $26.8M | $4.3M | 50x | as long as short |
| Extended UNI-USD | +0.0104% | 1h | 8.8587 | +0.324% | $285K | $1.7M | 25x | as long as short |
| Aevo UNI-PERP | +0.0104% | 1h | 8.8574 | +0.310% | $31K | — | 3x | as long as short |
| Hyperliquid UNI | +0.0137% | 1h | 8.8713 | +0.468% | $94.4M | $66.4M | 10x | as long as short |
| Deribit UNI_USDC-PERPETUAL | +0.0150% | 1h | 8.8693 | +0.445% | $568K | $203K | 50x | as long as short |
| dYdX UNI-USD | +0.0166% | 1h | 8.8586 | +0.324% | $233K | $31K | 10x | as long as short |
| Coinbase International UNI-PERP-INTX | +0.0184% | 1h | 8.8630 | +0.374% | $926K | $5.8M | 50x | as long as short |
| BloFin UNI-USDT | +0.0220% | 8h | 8.8730 | +0.487% | $10.0M | $3.6M | 75x | as long as short |
| Reya UNIRUSDPERP | +0.0376% | 1h | 8.8578 | +0.315% | $16K | — | 20x | as long as short |
| GMX UNI/USD [UNI-USDC]short | L +0.0381% / S −0.0244% | 1h | 8.8616 | +0.358% | $631K | — | 120x | |
| Aftermath Perps UNIUSD | +0.0634% | 1h | 8.8773 | +0.536% | $915 | $45K | 10x | as long as short |
Binance UNIUSDT
Bybit UNIUSDT
OKX UNI-USDT-SWAP
Arcus UNI-USD
Gate UNI_USDT
MEXC UNI_USDT
KuCoin UNIUSDTM
Bitget UNIUSDT
BingX UNI-USDT
Backpack UNI_USDC_PERP
Variational Omni UNI
edgeX UNIUSDC
GRVT UNI_USDT_Perp
ApeX Omni UNIUSDT
StandX UNI-USD
Orderly PERP_UNI_USDC
SunX UNI-USDT
SoDEX UNI-USD
HTX UNI-USDT
Phemex UNIUSDT
Extended UNI-USD
Aevo UNI-PERP
Hyperliquid UNI
Deribit UNI_USDC-PERPETUAL
dYdX UNI-USD
Coinbase International UNI-PERP-INTX
BloFin UNI-USDT
Reya UNIRUSDPERP
Aftermath Perps UNIUSD