Settings8H · net · $10k
Funding arb · Price arb /

AR

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Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.0655%/8h= −71.7% APRnext payment $0.82 per $10,000 · paid last 24h −0.164%
Price spread now: GMX against Extended+0.089%7-day average +0.033% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.623%−$62 on $10k
Price spread, last 4 days (all we have)+0.479%+$48 · spread now +0.089%, 7d avg +0.033%
Together, before fees−0.144%+ Points / potential airdropExtended: Active · farm board−$14 on $10k · with fees, hour by hour
The price spread pays, funding is against you. GMX is 0.056% dearer against Extended than usual: you sell high and buy low (spread +0.089% now, against its 7-day average of +0.033%): +$6 on $10k if it goes back. Holding the pair costs −$20 a day in funding at the current rate, which eats that in about 7 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended AR-USD4.54860.0104pay 0.0013% / 1h16m 04s$38K$235K10x
ShortGMX AR/USD [WBTC.b-USDC]4.5527L −0.0141% / S +0.0551%pay 0.0069% / 1h16m 04s$585K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX against Extended. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$137.57
Price spread: +0.089% → +0.033%
$5.63
Slippage, 4 orders
no order book: not counted
Fee Extended: 2.5 bp × 2 orders
−$5
Fee GMX: 6 bp × 2 orders
−$12
Net
−$148.93
Costs to cover
0.170%
Break-even
never at this rate
Slippage unknown: Extended: live order book, 46 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
LegHalf-spread$10k$100k$1M$5M
Buy Extended live order book, 46 min ago5.60 bp26.1 bp −$26173.9 bp −$1,739doesn't fitdoesn'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.

AR on 17 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GMX AR/USD [WBTC.b-USDC]shortL −0.0141% / S +0.0551%1h4.5527+0.089%$585K50x
OKX AR-USDT-SWAP−0.0049%8h4.5470−0.036%$2.3M$18.6M20xas long as short
Injective AR/USDC PERP+0.0033%1h4.5290−0.432%$548$3K5.5xas long as short
Aster ARUSDT+0.0100%8h4.5475−0.024%$19K$492K10xas long as short
Binance ARUSDT+0.0100%8h4.5481−0.011%$9.1M$50.7M75xas long as short
Bybit ARUSDT+0.0100%8h4.5475−0.025%$4.7M$8.3M75xas long as short
Gate AR_USDT+0.0100%8h4.5480−0.014%$2.6M$2.0M50xas long as short
MEXC AR_USDT+0.0100%8h4.5480−0.014%$6.5M$4.3M100xas long as short
KuCoin ARUSDTM+0.0100%8h4.5480−0.014%$1.2M$1.2M50xas long as short
Bitget ARUSDT+0.0100%8h4.5490+0.008%$4.0M$5.2M75xas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX AR-USDT+0.0100%8h4.5480−0.014%$2.8Mas long as short
Variational Omni AR+0.0100%8h4.5491+0.011%$236K$253Kas long as short
ApeX Omni ARUSDT+0.0100%1h4.5530+0.096%$20K$724K50xas long as short
Extended AR-USDlong+0.0104%1h4.5486long leg$38K$235K10x
Hyperliquid AR+0.0122%1h4.5570+0.184%$4.1M$4.5M5xas long as short
BloFin AR-USDT+0.0220%8h4.5450−0.080%$431K$494K20xas long as short
Kraken Futures PF_ARUSD+0.1920%1h4.5538+0.114%$56K$149K20xas long as short