Funding you earn now, next payment 00:00 UTC−0.0174%/8h= −19.1% APRpaid last 24h −0.041%
Price spread now: edgeX against GMX−0.781%7-day average −0.031% · 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)−0.156%−$16 on $10k
+Price spread, last 3 days (all we have)+0.621%+$62 · spread now −0.781%, 7d avg −0.031%
=Together, before fees+0.465%+ Points / potential airdropedgeX: Active · farm board+$46 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and edgeX is 0.751% cheaper against GMX than usual: you would sell low and buy high (−$75 if the spread goes back to its 7-day average of −0.031%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX ARB/USD [ARB-USDC] | 0.2287 | L +0.0274% / S −0.0157% | pay 0.0034% / 1h | 53m 08s | $856K | — | 150x |
| Short | edgeX ARBUSDC | 0.2269 | 0.0100 | get 0.0050% / 4h | 53m 08s | $40K | $461K | 20x |
GMX ARB/USD [ARB-USDC]
edgeX ARBUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against GMX. 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
- −$36.62
- Price spread: −0.781% → −0.031%
- −$75.09
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$132.71
- Costs to cover
- 0.210%
- Break-even
- never at this rate
Slippage unknown: GMX: no order-book sample; edgeX: live order book, 25 min ago. 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 GMX no order-book sample | — | — | — | — | — |
| Sell edgeX live order book, 25 min ago | 13.40 bp | 22.4 bp −$22 | 98.9 bp −$989 | doesn't fit | doesn't fit |
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 | 0.2261 | −1.133% | $41K | $372K | 12x | as long as short |
| 01 Exchange ARBUSD | −0.0192% | 1h | 0.2281 | −0.281% | $7K | $2K | 10x | as long as short |
| Variational Omni ARB | −0.0179% | 8h | 0.2263 | −1.044% | $1.9M | $2.7M | — | as long as short |
| Polymarket Perps ARB-USD | −0.0179% | 1h | 0.2284 | −0.128% | $78K | $2.0M | 10x | as long as short |
| Bybit ARBUSDT | −0.0161% | 8h | 0.2283 | −0.176% | $59.2M | $129.3M | 50x | as long as short |
| OKX ARB-USDT-SWAP | −0.0103% | 8h | 0.2286 | −0.062% | $23.1M | $161.4M | 50x | as long as short |
| MEXC ARB_USDT | −0.0102% | 8h | 0.2285 | −0.071% | $37.9M | $59.2M | 200x | as long as short |
| SoDEX ARB-USD | −0.0047% | 1h | 0.2287 | +0.017% | $4K | $2.7M | 5x | as long as short |
| Orderly PERP_ARB_USDC | −0.0040% | 8h | 0.2286 | −0.040% | $13K | $397K | 10x | as long as short |
| dYdX ARB-USD | 0.0000% | 1h | 0.2284 | −0.142% | $67K | $4K | 10x | as long as short |
Injective ARB/USDC PERP
01 Exchange ARBUSD
Variational Omni ARB
Polymarket Perps ARB-USD
Bybit ARBUSDT
OKX ARB-USDT-SWAP
MEXC ARB_USDT
SoDEX ARB-USD
Orderly PERP_ARB_USDC
dYdX ARB-USDShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended ARB-USD | 0.0000% | 1h | 0.2285 | −0.078% | $363K | $2.3M | 25x | as long as short |
| Deribit ARB_USDC-PERPETUAL | 0.0000% | 1h | 0.2288 | +0.047% | $26K | $32K | 25x | as long as short |
| Binance ARBUSDT | +0.0002% | 8h | 0.2286 | −0.062% | $65.9M | $313.6M | 75x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0005% | 1h | 0.2287 | −0.015% | $57K | — | 150x | as long as short |
| BloFin ARB-USDT | +0.0009% | 8h | 0.2287 | −0.010% | $3.1M | $2.7M | 75x | as long as short |
| Gate ARB_USDT | +0.0031% | 8h | 0.2288 | +0.030% | $5.5M | $20.0M | 60x | as long as short |
| BingX ARB-USDC | +0.0066% | 8h | 0.2284 | −0.128% | — | $6.5M | — | as long as short |
| Bitget ARBUSDT | +0.0067% | 8h | 0.2286 | −0.040% | $21.7M | $36.7M | 50x | as long as short |
| Aevo ARB-PERP | +0.0080% | 1h | 0.2288 | +0.066% | $150K | $12K | 3x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2289 | +0.082% | $1.4M | $7.4M | 15x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2289 | +0.113% | $41.5M | $47.8M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2287 | −0.001% | $712K | $1.6M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2282 | −0.199% | $47K | $193K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2288 | +0.034% | $20.2M | $16.3M | 75x | as long as short |
| edgeX ARBUSDCshort | +0.0100% | 4h | 0.2269 | −0.781% | $40K | $461K | 20x | |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2270 | −0.740% | $493K | $3.7M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2265 | −0.958% | $122K | $295K | 50x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2286 | −0.040% | $2K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2286 | −0.023% | $286K | $1.1M | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2287 | +0.003% | $5.3M | $13.3M | 50x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0216% | 1h | 0.2291 | +0.178% | $515K | $2.3M | 50x | as long as short |
| Kraken Futures PF_ARBUSD | +0.0234% | 1h | 0.2289 | +0.091% | $1.2M | $4.9M | 50x | as long as short |
| GMX ARB/USD [ARB-USDC]long | L +0.0274% / S −0.0157% | 1h | 0.2287 | long leg | $856K | — | 150x | |
| Reya ARBRUSDPERP | +0.0290% | 1h | 0.2283 | −0.165% | $2K | $695 | 20x | as long as short |
| RISEx ARB/USDC | +0.0330% | 1h | 0.2285 | −0.077% | $507K | $2.7M | 10x | as long as short |
| Backpack ARB_USDC_PERP | +0.0563% | 1h | 0.2291 | +0.161% | $901K | $2.8M | 20x | as long as short |
Extended ARB-USD
Deribit ARB_USDC-PERPETUAL
Binance ARBUSDT
gTrade (Gains Network) ARB/USD
BloFin ARB-USDT
Gate ARB_USDT
BingX ARB-USDC
Bitget ARBUSDT
Aevo ARB-PERP
Lighter ARB
Hyperliquid ARB
Aster ARBUSDT
Pacifica ARB
KuCoin ARBUSDTM
GRVT ARB_USDT_Perp
ApeX Omni ARBUSDT
SunX ARB-USDT
HTX ARB-USDT
Phemex ARBUSDT
Coinbase International ARB-PERP-INTX
Kraken Futures PF_ARBUSD
Reya ARBRUSDPERP
RISEx ARB/USDC
Backpack ARB_USDC_PERP