Funding you earn now, next payment 09:00 UTC+0.1917%/8h= +209.9% APRpaid last 24h +0.239%
Price spread now: GMX against BingX+0.029%135s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 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
Both sides work for this trade now. Funding pays +$58 a day on $10k at the current rate, and GMX is 0.029% dearer against BingX than usual: you sell high and buy low: +$3 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 135 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 | BingX ANIME-USDT | 0.003426 | 0.0100 | pay 0.0050% / 4h | 3h 40m | — | $6.5M | — |
| Short | GMX ANIME/USD [ANIME-USDC] | 0.003427 | L +0.0497% / S −0.2017% | get 0.0252% / 1h | 40m 00s | $837 | — | 100x |
BingX ANIME-USDT
GMX ANIME/USD [ANIME-USDC]Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX against BingX. 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
- $402.56
- Price spread: +0.029% → 0.000%
- $2.92
- Slippage, 4 orders
- no order book: not counted
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- $383.47
- Costs to cover
- 0.220%
- Break-even
- 0.3 days
Slippage unknown: BingX: live order book, 11 min ago; 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 BingX live order book, 11 min ago | 1.46 bp | 14.8 bp −$15 | 208.9 bp −$2,089 | 675.4 bp −$67.5K | 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.
ANIME on 13 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_ANIMEUSD | −0.0217% | 1h | 0.003426 | −0.002% | $28K | $12K | 10x | as long as short |
| Hyperliquid ANIME | +0.0100% | 1h | 0.003424 | −0.058% | $302K | $95K | 3x | as long as short |
| Aster ANIMEUSDT | +0.0100% | 4h | 0.003429 | +0.096% | $28K | $3K | 5x | as long as short |
| Binance ANIMEUSDT | +0.0100% | 4h | 0.003425 | −0.016% | $1.3M | $1.9M | 20x | as long as short |
| Bybit ANIMEUSDT | +0.0100% | 4h | 0.003427 | +0.029% | $724K | $369K | 25x | as long as short |
| OKX ANIME-USDT-SWAP | +0.0100% | 4h | 0.003423 | −0.088% | $444K | $727K | 20x | as long as short |
| Gate ANIME_USDT | +0.0100% | 4h | 0.003425 | −0.029% | $145K | $50K | 25x | as long as short |
| MEXC ANIME_USDT | +0.0100% | 4h | 0.003426 | 0.000% | $205K | $86K | 20x | as long as short |
| KuCoin ANIMEUSDTM | +0.0100% | 4h | 0.003426 | 0.000% | $410K | $85K | 20x | as long as short |
| Bitget ANIMEUSDT | +0.0100% | 4h | 0.003425 | −0.029% | $856K | $154K | 10x | as long as short |
Kraken Futures PF_ANIMEUSD
Hyperliquid ANIME
Aster ANIMEUSDT
Binance ANIMEUSDT
Bybit ANIMEUSDT
OKX ANIME-USDT-SWAP
Gate ANIME_USDT
MEXC ANIME_USDT
KuCoin ANIMEUSDTM
Bitget ANIMEUSDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX ANIME-USDTlong | +0.0100% | 4h | 0.003426 | long leg | — | $6.5M | — | |
| Variational Omni ANIME | +0.0100% | 4h | 0.003426 | +0.013% | $12K | $953 | — | as long as short |
| GMX ANIME/USD [ANIME-USDC]short | L +0.0497% / S −0.2017% | 1h | 0.003427 | +0.029% | $837 | — | 100x |
Variational Omni ANIME