Funding you earn now, next payment 00:00 UTC+0.0181%/8h= +19.9% APRnext payment +$0.23 per $10,000 · paid last 24h +0.047%
Price spread now: GMX against gTrade (Gains Network)−0.007%7-day average — · you buy dearer than you sell
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 sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$5 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | gTrade (Gains Network) ARB/USD | 0.2259 | L +0.0005% / S −0.0005% | pay 0.0001% / 1h | 59m 39s | $56K | — | 150x |
| Short | GMX ARB/USD [ARB-USDC] | 0.2259 | L +0.0297% / S −0.0186% | get 0.0023% / 1h | 59m 39s | $925K | — | 150x |
gTrade (Gains Network) ARB/USD
GMX ARB/USD [ARB-USDC]Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX against gTrade (Gains Network). 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
- $38.11
- Price spread: −0.007% → 0.000%
- −$0.66
- Slippage, 4 orders
- no order book: not counted
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- $15.44
- Costs to cover
- 0.220%
- Break-even
- 4.2 days
Slippage unknown: gTrade (Gains Network): 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 gTrade (Gains Network) no order-book sample | — | — | — | — | — |
| Sell GMX no order-book sample | — | — | — | — | — |
gTrade (Gains Network) 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.
ARB on 36 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective ARB/USDC PERP | −0.1785% | 1h | 0.2253 | −0.266% | $41K | $372K | 12x | as long as short |
| Polymarket Perps ARB-USD | −0.0213% | 1h | 0.2258 | −0.027% | $66K | $2.0M | 10x | as long as short |
| 01 Exchange ARBUSD | −0.0208% | 1h | 0.2258 | −0.035% | $7K | $2K | 10x | as long as short |
| Variational Omni ARB | −0.0201% | 8h | 0.2259 | −0.007% | $2.0M | $2.8M | — | as long as short |
| Deribit ARB_USDC-PERPETUAL | −0.0193% | 1h | 0.2258 | −0.044% | $25K | $34K | 25x | as long as short |
| SoDEX ARB-USD | −0.0191% | 1h | 0.2257 | −0.084% | $4K | $2.6M | 5x | as long as short |
| OKX ARB-USDT-SWAP | −0.0116% | 8h | 0.2254 | −0.204% | $22.8M | $158.4M | 50x | as long as short |
| MEXC ARB_USDT | −0.0115% | 8h | 0.2256 | −0.133% | $38.2M | $58.5M | 200x | as long as short |
| Orderly PERP_ARB_USDC | −0.0043% | 8h | 0.2258 | −0.044% | $13K | $394K | 10x | as long as short |
| Gate ARB_USDT | −0.0019% | 8h | 0.2256 | −0.124% | $5.4M | $20.3M | 60x | as long as short |
Injective ARB/USDC PERP
Polymarket Perps ARB-USD
01 Exchange ARBUSD
Variational Omni ARB
Deribit ARB_USDC-PERPETUAL
SoDEX ARB-USD
OKX ARB-USDT-SWAP
MEXC ARB_USDT
Orderly PERP_ARB_USDC
Gate ARB_USDTShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance ARBUSDT | −0.0006% | 8h | 0.2254 | −0.202% | $66.4M | $313.2M | 75x | as long as short |
| dYdX ARB-USD | 0.0000% | 1h | 0.2257 | −0.103% | $67K | $4K | 10x | as long as short |
| Extended ARB-USD | 0.0000% | 1h | 0.2255 | −0.164% | $359K | $2.3M | 25x | as long as short |
| gTrade (Gains Network) ARB/USDlong | L +0.0005% / S −0.0005% | 1h | 0.2259 | long leg | $56K | — | 150x | |
| Bitget ARBUSDT | +0.0047% | 8h | 0.2253 | −0.266% | $21.2M | $36.0M | 50x | as long as short |
| BingX ARB-USDT | +0.0052% | 8h | 0.2254 | −0.217% | — | $54.1M | — | as long as short |
| Aevo ARB-PERP | +0.0080% | 1h | 0.2259 | −0.019% | $148K | $12K | 3x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2257 | −0.093% | $1.4M | $7.3M | 15x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2258 | −0.044% | $40.9M | $47.7M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2258 | −0.031% | $702K | $1.6M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2258 | −0.056% | $47K | $183K | 10x | as long as short |
| Bybit ARBUSDT | +0.0100% | 8h | 0.2253 | −0.248% | $58.1M | $128.0M | 50x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2256 | −0.128% | $19.7M | $16.1M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2264 | +0.238% | $40K | $463K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2262 | +0.134% | $482K | $3.6M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2266 | +0.310% | $122K | $295K | 50x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2260 | +0.044% | $2K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2257 | −0.071% | $290K | $1.0M | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2258 | −0.044% | $5.2M | $13.0M | 50x | as long as short |
| BloFin ARB-USDT | +0.0117% | 8h | 0.2260 | +0.049% | $3.1M | $2.8M | 75x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0216% | 1h | 0.2266 | +0.310% | $511K | $2.3M | 50x | as long as short |
| Kraken Futures PF_ARBUSD | +0.0237% | 1h | 0.2259 | +0.009% | $1.1M | $4.9M | 50x | as long as short |
| Reya ARBRUSDPERP | +0.0290% | 1h | 0.2257 | −0.067% | $2K | $695 | 20x | as long as short |
| GMX ARB/USD [ARB-USDC]short | L +0.0297% / S −0.0186% | 1h | 0.2259 | −0.007% | $925K | — | 150x | |
| RISEx ARB/USDC | +0.0384% | 1h | 0.2257 | −0.083% | $512K | $2.7M | 10x | as long as short |
| Backpack ARB_USDC_PERP | +0.0458% | 1h | 0.2260 | +0.044% | $1.0M | $2.8M | 20x | as long as short |
Binance ARBUSDT
dYdX ARB-USD
Extended ARB-USD
Bitget ARBUSDT
BingX ARB-USDT
Aevo ARB-PERP
Lighter ARB
Hyperliquid ARB
Aster ARBUSDT
Pacifica ARB
Bybit ARBUSDT
KuCoin ARBUSDTM
edgeX ARBUSDC
GRVT ARB_USDT_Perp
ApeX Omni ARBUSDT
SunX ARB-USDT
HTX ARB-USDT
Phemex ARBUSDT
BloFin ARB-USDT
Coinbase International ARB-PERP-INTX
Kraken Futures PF_ARBUSD
Reya ARBRUSDPERP
RISEx ARB/USDC
Backpack ARB_USDC_PERP