Funding you earn now, next payment 01:00 UTC+0.0075%/8h= +8.2% APRnext payment +$0.09 per $10,000 · paid last 24h +0.018%
Price spread now: GMX against Pacifica−0.053%7-day average +0.029% · 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)+0.069%+$7 on $10k
+Price spread, last 3 days (all we have)+0.448%+$45 · spread now −0.053%, 7d avg +0.029%
=Together, before fees+0.517%+ Points / potential airdropPacifica: Active · farm board+$52 on $10k · with fees, hour by hour
Funding pays, the price is against you. GMX is 0.082% cheaper against Pacifica than usual: you would sell low and buy high (spread −0.053% now, against its 7-day average of +0.029%). If the spread goes back, that is −$8 on $10k: about 3.6 days of funding at the current rate (+$2 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica ARB | 0.2277 | 0.0100 | pay 0.0013% / 1h | 18m 56s | $46K | $184K | 10x |
| Short | GMX ARB/USD [ARB-USDC] | 0.2276 | L +0.0288% / S −0.0175% | get 0.0022% / 1h | 18m 56s | $901K | — | 150x |
Pacifica ARB
GMX ARB/USD [ARB-USDC]Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX against Pacifica. 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
- $15.75
- Price spread: −0.053% → +0.029%
- −$8.18
- Slippage, 4 orders
- no order book: not counted
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- −$12.43
- Costs to cover
- 0.200%
- Break-even
- 12.5 days
Slippage unknown: Pacifica: live order book, 54 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 Pacifica live order book, 54 min ago | 7.05 bp | 11.6 bp −$12 | 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 | −0.1666% | 1h | 0.2269 | −0.370% | $41K | $372K | 12x | as long as short |
| Variational Omni ARB | −0.0201% | 8h | 0.2267 | −0.477% | $2.0M | $2.8M | — | as long as short |
| Deribit ARB_USDC-PERPETUAL | −0.0190% | 1h | 0.2274 | −0.159% | $25K | $34K | 25x | as long as short |
| 01 Exchange ARBUSD | −0.0152% | 1h | 0.2276 | −0.058% | $7K | $2K | 10x | as long as short |
| Kraken Futures PF_ARBUSD | −0.0137% | 1h | 0.2274 | −0.151% | $1.1M | $4.9M | 50x | as long as short |
| OKX ARB-USDT-SWAP | −0.0111% | 8h | 0.2256 | −0.928% | $22.9M | $157.5M | 50x | as long as short |
| MEXC ARB_USDT | −0.0110% | 8h | 0.2255 | −0.972% | $38.7M | $59.3M | 200x | as long as short |
| Bybit ARBUSDT | −0.0088% | 8h | 0.2256 | −0.950% | $58.7M | $126.9M | 50x | as long as short |
| Orderly PERP_ARB_USDC | −0.0048% | 8h | 0.2274 | −0.151% | $13K | $386K | 10x | as long as short |
| SoDEX ARB-USD | −0.0032% | 1h | 0.2272 | −0.230% | $4K | $2.5M | 5x | as long as short |
Injective ARB/USDC PERP
Variational Omni ARB
Deribit ARB_USDC-PERPETUAL
01 Exchange ARBUSD
Kraken Futures PF_ARBUSD
OKX ARB-USDT-SWAP
MEXC ARB_USDT
Bybit ARBUSDT
Orderly PERP_ARB_USDC
SoDEX ARB-USDShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| dYdX ARB-USD | 0.0000% | 1h | 0.2277 | −0.004% | $67K | $4K | 10x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0006% | 1h | 0.2275 | −0.085% | $33K | — | 150x | as long as short |
| Extended ARB-USD | +0.0008% | 1h | 0.2255 | −0.970% | $362K | $2.5M | 25x | as long as short |
| Binance ARBUSDT | +0.0011% | 8h | 0.2256 | −0.919% | $66.6M | $311.0M | 75x | as long as short |
| BloFin ARB-USDT | +0.0044% | 8h | 0.2270 | −0.313% | $3.1M | $2.9M | 75x | as long as short |
| Aevo ARB-PERP | +0.0080% | 1h | 0.2275 | −0.120% | $144K | $7K | 3x | as long as short |
| BingX ARB-USDT | +0.0081% | 8h | 0.2256 | −0.945% | — | $54.3M | — | as long as short |
| Bitget ARBUSDT | +0.0088% | 8h | 0.2257 | −0.897% | $21.7M | $35.7M | 50x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2274 | −0.159% | $1.4M | $7.3M | 15x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2260 | −0.761% | $41.0M | $47.3M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2257 | −0.902% | $702K | $1.6M | 20x | as long as short |
| Pacifica ARBlong | +0.0100% | 1h | 0.2277 | long leg | $46K | $184K | 10x | |
| Gate ARB_USDT | +0.0100% | 8h | 0.2257 | −0.901% | $5.5M | $19.8M | 60x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2257 | −0.893% | $19.6M | $15.8M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2269 | −0.365% | $41K | $462K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2268 | −0.411% | $483K | $3.5M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2267 | −0.458% | $122K | $295K | 50x | as long as short |
| Polymarket Perps ARB-USD | +0.0100% | 1h | 0.2276 | −0.050% | $65K | $2.0M | 10x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2273 | −0.195% | $2K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2276 | −0.067% | $299K | $981K | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2272 | −0.238% | $5.2M | $13.0M | 50x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0232% | 1h | 0.2280 | +0.113% | $514K | $2.3M | 50x | as long as short |
| GMX ARB/USD [ARB-USDC]short | L +0.0288% / S −0.0175% | 1h | 0.2276 | −0.053% | $901K | — | 150x | |
| Reya ARBRUSDPERP | +0.0290% | 1h | 0.2275 | −0.115% | $2K | $695 | 20x | as long as short |
| RISEx ARB/USDC | +0.0384% | 1h | 0.2278 | +0.011% | $520K | $2.6M | 10x | as long as short |
| Backpack ARB_USDC_PERP | +0.0599% | 1h | 0.2263 | −0.620% | $1.0M | $2.8M | 20x | as long as short |
dYdX ARB-USD
gTrade (Gains Network) ARB/USD
Extended ARB-USD
Binance ARBUSDT
BloFin ARB-USDT
Aevo ARB-PERP
BingX ARB-USDT
Bitget ARBUSDT
Lighter ARB
Hyperliquid ARB
Aster ARBUSDT
Gate ARB_USDT
KuCoin ARBUSDTM
edgeX ARBUSDC
GRVT ARB_USDT_Perp
ApeX Omni ARBUSDT
Polymarket Perps ARB-USD
SunX ARB-USDT
HTX ARB-USDT
Phemex ARBUSDT
Coinbase International ARB-PERP-INTX
Reya ARBRUSDPERP
RISEx ARB/USDC
Backpack ARB_USDC_PERP