Funding you earn now, next payment 05:00 UTC+0.0058%/8h= +6.4% APRpaid last 24h +0.015%
Price spread now: GMX against HTX+0.006%7-day average +0.030% · 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)+0.072%+$7 on $10k
+Price spread, last 4 days (all we have)−0.360%−$36 · spread now +0.006%, 7d avg +0.030%
=Funding pays, the price is against you. GMX is 0.024% cheaper against HTX than usual: you would sell low and buy high (spread +0.006% now, against its 7-day average of +0.030%). If the spread goes back, that is −$2 on $10k: about 33 hours of funding at the current rate (+$2 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX ARB-USDT | 0.2192 | 0.0100 | pay 0.0100% / 8h | 3h 31m | $297K | $885K | 50x |
| Short | GMX ARB/USD [ARB-USDC] | 0.2192 | L +0.0276% / S −0.0158% | get 0.0020% / 1h | 31m 55s | $827K | — | 150x |
HTX ARB-USDT
GMX ARB/USD [ARB-USDC]Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX against HTX. 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
- $12.22
- Price spread: +0.006% → +0.030%
- −$2.41
- Slippage, 4 orders
- no order book: not counted
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- −$14.18
- Costs to cover
- 0.240%
- Break-even
- 15.1 days
Slippage unknown: HTX: live order book, 42 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 HTX live order book, 42 min ago | 9.95 bp | 66.1 bp −$66 | doesn't fit | 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.
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 | −0.1589% | 1h | 0.2181 | −0.511% | $39K | $372K | 12x | as long as short |
| Polymarket Perps ARB-USD | −0.0162% | 1h | 0.2191 | −0.055% | $69K | $2.1M | 10x | as long as short |
| OKX ARB-USDT-SWAP | −0.0107% | 8h | 0.2192 | +0.009% | $22.1M | $142.8M | 50x | as long as short |
| MEXC ARB_USDT | −0.0106% | 8h | 0.2191 | −0.036% | $41.9M | $60.5M | 200x | as long as short |
| Variational Omni ARB | −0.0102% | 8h | 0.2183 | −0.412% | $1.8M | $2.9M | — | as long as short |
| Orderly PERP_ARB_USDC | −0.0070% | 8h | 0.2192 | −0.009% | $12K | $407K | 10x | as long as short |
| Bybit ARBUSDT | −0.0057% | 8h | 0.2192 | −0.018% | $55.2M | $123.3M | 50x | as long as short |
| Kraken Futures PF_ARBUSD | −0.0050% | 1h | 0.2192 | −0.020% | $1.1M | $4.4M | 50x | as long as short |
| Gate ARB_USDT | −0.0017% | 8h | 0.2193 | +0.018% | $5.3M | $18.1M | 60x | as long as short |
| dYdX ARB-USD | 0.0000% | 1h | 0.2193 | +0.018% | $65K | $5K | 10x | as long as short |
Injective ARB/USDC PERP
Polymarket Perps ARB-USD
OKX ARB-USDT-SWAP
MEXC ARB_USDT
Variational Omni ARB
Orderly PERP_ARB_USDC
Bybit ARBUSDT
Kraken Futures PF_ARBUSD
Gate ARB_USDT
dYdX ARB-USDShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| 01 Exchange ARBUSD | 0.0000% | 1h | 0.2192 | −0.014% | $7K | $2K | 10x | as long as short |
| Deribit ARB_USDC-PERPETUAL | 0.0000% | 1h | 0.2193 | +0.046% | $24K | $34K | 25x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0006% | 1h | 0.2193 | +0.026% | $32K | — | 150x | as long as short |
| Binance ARBUSDT | +0.0039% | 8h | 0.2193 | +0.024% | $63.9M | $299.6M | 75x | as long as short |
| Extended ARB-USD | +0.0040% | 1h | 0.2190 | −0.100% | $349K | $2.5M | 25x | as long as short |
| Bitget ARBUSDT | +0.0056% | 8h | 0.2192 | −0.009% | $20.8M | $33.9M | 50x | as long as short |
| BingX ARB-USDC | +0.0057% | 8h | 0.2191 | −0.041% | — | $6.5M | — | as long as short |
| Aevo ARB-PERP | +0.0088% | 1h | 0.2193 | +0.036% | $139K | $7K | 3x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2192 | +0.005% | $1.2M | $5.5M | 15x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2193 | +0.027% | $37.4M | $48.4M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2193 | +0.029% | $631K | $1.5M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2193 | +0.041% | $42K | $159K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2193 | +0.023% | $19.6M | $14.6M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2187 | −0.258% | $38K | $464K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2186 | −0.304% | $471K | $3.6M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2192 | −0.009% | $118K | $283K | 50x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2194 | +0.082% | $2K | $1.1M | 30x | as long as short |
| SoDEX ARB-USD | +0.0100% | 1h | 0.2192 | 0.000% | $10K | $2.2M | 5x | as long as short |
| HTX ARB-USDTlong | +0.0100% | 8h | 0.2192 | long leg | $297K | $885K | 50x | |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2193 | +0.036% | $4.9M | $12.8M | 50x | as long as short |
| RISEx ARB/USDC | +0.0118% | 1h | 0.2192 | −0.016% | $471K | $2.6M | 10x | as long as short |
| BloFin ARB-USDT | +0.0156% | 8h | 0.2193 | +0.041% | $3.1M | $2.5M | 75x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0256% | 1h | 0.2194 | +0.078% | $494K | $1.6M | 50x | as long as short |
| GMX ARB/USD [ARB-USDC]short | L +0.0276% / S −0.0158% | 1h | 0.2192 | +0.006% | $827K | — | 150x | |
| Reya ARBRUSDPERP | +0.0289% | 1h | 0.2191 | −0.076% | $2K | $695 | 20x | as long as short |
| Backpack ARB_USDC_PERP | +0.0549% | 1h | 0.2194 | +0.091% | $986K | $2.8M | 20x | as long as short |
01 Exchange ARBUSD
Deribit ARB_USDC-PERPETUAL
gTrade (Gains Network) ARB/USD
Binance ARBUSDT
Extended ARB-USD
Bitget ARBUSDT
BingX ARB-USDC
Aevo ARB-PERP
Lighter ARB
Hyperliquid ARB
Aster ARBUSDT
Pacifica ARB
KuCoin ARBUSDTM
edgeX ARBUSDC
GRVT ARB_USDT_Perp
ApeX Omni ARBUSDT
SunX ARB-USDT
SoDEX ARB-USD
Phemex ARBUSDT
RISEx ARB/USDC
BloFin ARB-USDT
Coinbase International ARB-PERP-INTX
Reya ARBRUSDPERP
Backpack ARB_USDC_PERP