CC

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0348%/8h= −38.1% APRnext payment −$0.43 per $10,000 · paid last 24h −0.096%

Price spread now: Derive against GMX−0.155%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on GMX Short on Derive

What this pair did over the last

the charts below follow

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

Both sides work against this trade now: funding costs −$10 a day on $10k at the current rate, and Derive is 0.155% cheaper against GMX than usual: you would sell low and buy high (−$15 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GMX CC/USD [WBTC.b-USDC]	0.1172	L +0.0448% / S −0.0241%	pay 0.0056% / 1h	54m 51s	$44K	—	50x
Short	Derive CC-PERP	0.1170	0.0100	get 0.0013% / 1h	54m 51s	$6K	$36K	6.7x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Derive against GMX. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee GMXbpFee DerivebpOrdersPrice spread, now −0.155%Rate

Funding earned: −$73.04
Price spread: −0.155% → 0.000%: −$15.46
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee Derive: 3 bp × 2 orders: −$6
Net: −$106.5
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: GMX: no order-book sample; Derive: 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 GMX no order-book sample	—	—	—	—	—
Sell Derive no order-book sample	—	—	—	—	—

GMX and Derive: 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.

CC on 19 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 CC/USDC PERP	−0.3556%	1h	0.1184	+1.008%	$6K	$96	5.5x	as long as short
MEXC CC_USDT	−0.0528%	4h	0.1171	−0.084%	$1.6M	$313K	100x	as long as short
Bybit CCUSDT	−0.0526%	4h	0.1172	−0.041%	$10.6M	$3.8M	25x	as long as short
Gate CC_USDT	+0.0074%	4h	0.1172	+0.019%	$362K	$214K	50x	as long as short
Paradex CC-USD-PERP	+0.0081%	8h	0.1170	−0.146%	$1K	—	5x	as long as short
Hyperliquid CC	+0.0100%	1h	0.1174	+0.164%	$5.5M	$1.4M	3x	as long as short
Aster CCUSDT	+0.0100%	4h	0.1177	+0.396%	$35K	$39K	20x	as long as short
Binance CCUSDT	+0.0100%	4h	0.1172	−0.024%	$11.1M	$11.9M	75x	as long as short
OKX CC-USDT-SWAP	+0.0100%	4h	0.1173	+0.070%	$2.5M	$3.5M	20x	as long as short
KuCoin CCUSDTM	+0.0100%	4h	0.1173	+0.053%	$494K	$120K	50x	as long as short

Show all 19 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget CCUSDT	+0.0100%	4h	0.1174	+0.121%	$924K	$801K	20x	as long as short
BingX CC-USDT	+0.0100%	4h	0.1172	−0.015%	—	$6.6M	—	as long as short
Backpack CC_USDC_PERP	+0.0100%	1h	0.1171	−0.084%	$15K	$22K	10x	as long as short
Variational Omni CC	+0.0100%	4h	0.1179	+0.549%	$601K	$55K	—	as long as short
GRVT CC_USDT_Perp	+0.0100%	4h	0.1185	+1.060%	$82K	$2.3M	10x	as long as short
Derive CC-PERPshort	+0.0100%	1h	0.1170	−0.155%	$6K	$36K	6.7x
Lighter CC	+0.0208%	1h	0.1176	+0.334%	$233K	$150K	5x	as long as short
BloFin CC-USDT	+0.0340%	4h	0.1171	−0.135%	$592K	$101K	75x	as long as short
GMX CC/USD [WBTC.b-USDC]long	L +0.0448% / S −0.0241%	1h	0.1172	long leg	$44K	—	50x