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
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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended AR-USD | 4.5486 | 0.0104 | pay 0.0013% / 1h | 16m 04s | $38K | $235K | 10x |
| Short | GMX AR/USD [WBTC.b-USDC] | 4.5527 | L −0.0141% / S +0.0551% | pay 0.0069% / 1h | 16m 04s | $585K | — | 50x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Extended live order book, 46 min ago | 5.60 bp | 26.1 bp −$26 | 173.9 bp −$1,739 | doesn't fit | 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.
AR on 17 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 | |
|---|---|---|---|---|---|---|---|---|
| GMX AR/USD [WBTC.b-USDC]short | L −0.0141% / S +0.0551% | 1h | 4.5527 | +0.089% | $585K | — | 50x | |
| OKX AR-USDT-SWAP | −0.0049% | 8h | 4.5470 | −0.036% | $2.3M | $18.6M | 20x | as long as short |
| Injective AR/USDC PERP | +0.0033% | 1h | 4.5290 | −0.432% | $548 | $3K | 5.5x | as long as short |
| Aster ARUSDT | +0.0100% | 8h | 4.5475 | −0.024% | $19K | $492K | 10x | as long as short |
| Binance ARUSDT | +0.0100% | 8h | 4.5481 | −0.011% | $9.1M | $50.7M | 75x | as long as short |
| Bybit ARUSDT | +0.0100% | 8h | 4.5475 | −0.025% | $4.7M | $8.3M | 75x | as long as short |
| Gate AR_USDT | +0.0100% | 8h | 4.5480 | −0.014% | $2.6M | $2.0M | 50x | as long as short |
| MEXC AR_USDT | +0.0100% | 8h | 4.5480 | −0.014% | $6.5M | $4.3M | 100x | as long as short |
| KuCoin ARUSDTM | +0.0100% | 8h | 4.5480 | −0.014% | $1.2M | $1.2M | 50x | as long as short |
| Bitget ARUSDT | +0.0100% | 8h | 4.5490 | +0.008% | $4.0M | $5.2M | 75x | as long as short |
Show all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX AR-USDT | +0.0100% | 8h | 4.5480 | −0.014% | — | $2.8M | — | as long as short |
| Variational Omni AR | +0.0100% | 8h | 4.5491 | +0.011% | $236K | $253K | — | as long as short |
| ApeX Omni ARUSDT | +0.0100% | 1h | 4.5530 | +0.096% | $20K | $724K | 50x | as long as short |
| Extended AR-USDlong | +0.0104% | 1h | 4.5486 | long leg | $38K | $235K | 10x | |
| Hyperliquid AR | +0.0122% | 1h | 4.5570 | +0.184% | $4.1M | $4.5M | 5x | as long as short |
| BloFin AR-USDT | +0.0220% | 8h | 4.5450 | −0.080% | $431K | $494K | 20x | as long as short |
| Kraken Futures PF_ARUSD | +0.1920% | 1h | 4.5538 | +0.114% | $56K | $149K | 20x | as long as short |
Extended AR-USD
GMX AR/USD [WBTC.b-USDC]
OKX AR-USDT-SWAP
Injective AR/USDC PERP
Aster ARUSDT
Binance ARUSDT
Bybit ARUSDT
Gate AR_USDT
MEXC AR_USDT
KuCoin ARUSDTM
Bitget ARUSDT
BingX AR-USDT
Variational Omni AR
ApeX Omni ARUSDT
Hyperliquid AR
BloFin AR-USDT
Kraken Futures PF_ARUSD