Funding you earn now, next payment 23:00 UTC+0.0410%/8h= +44.9% APRpaid last 24h +0.296%
Price spread now: GMX against Bybit−0.038%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)+37.203%+$3,720 on $10k
+Price spread, last 3 days (all we have)−0.065%−$7 · spread now −0.038%, 7d avg +0.029%
=Funding pays, the price is against you. GMX is 0.067% cheaper against Bybit than usual: you would sell low and buy high (spread −0.038% now, against its 7-day average of +0.029%). If the spread goes back, that is −$7 on $10k: about 13 hours of funding at the current rate (+$12 a day). At the pace of the last 3 days (+37.203% in total) that is about under an hour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit DASHUSDT | 58.990 | 0.0100 | pay 0.0100% / 8h | 1h 40m | $10.4M | $18.4M | 75x |
| Short | GMX DASH/USD [WBTC.b-USDC] | 58.968 | L +0.0545% / S −0.0510% | get 0.0064% / 1h | 40m 05s | $145K | — | 50x |
Bybit DASHUSDT
GMX DASH/USD [WBTC.b-USDC]Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX against Bybit. 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
- $86.05
- Price spread: −0.038% → +0.029%
- −$6.7
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- $56.35
- Costs to cover
- 0.230%
- Break-even
- 2.4 days
Slippage unknown: Bybit: live order book, 3 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 Bybit live order book, 3 min ago | 0.85 bp | 9.5 bp −$10 | 22.2 bp −$222 | 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.
DASH on 22 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin DASHUSDTM | −0.0039% | 8h | 58.960 | −0.051% | $8.0M | $3.9M | 30x | as long as short |
| Injective DASH/USDC PERP | −0.0017% | 1h | 58.570 | −0.712% | $7 | $105K | 5.5x | as long as short |
| Deribit DASH_USDC-PERPETUAL | 0.0000% | 1h | 58.980 | −0.017% | $236 | $2K | 50x | as long as short |
| OKX DASH-USDT-SWAP | +0.0063% | 4h | 58.940 | −0.085% | $5.2M | $27.3M | 50x | as long as short |
| BloFin DASH-USDT | +0.0076% | 8h | 59.000 | +0.017% | $2.6M | $1.3M | 75x | as long as short |
| Lighter DASH | +0.0096% | 1h | 59.008 | +0.031% | $118K | $99K | 10x | as long as short |
| Aster DASHUSDT | +0.0100% | 8h | 58.980 | −0.017% | $127K | $352K | 20x | as long as short |
| Binance DASHUSDT | +0.0100% | 8h | 58.987 | −0.004% | $27.9M | $86.0M | 75x | as long as short |
| Bybit DASHUSDTlong | +0.0100% | 8h | 58.990 | long leg | $10.4M | $18.4M | 75x | |
| Gate DASH_USDT | +0.0100% | 8h | 58.970 | −0.034% | $1.8M | $2.5M | 50x | as long as short |
KuCoin DASHUSDTM
Injective DASH/USDC PERP
Deribit DASH_USDC-PERPETUAL
OKX DASH-USDT-SWAP
BloFin DASH-USDT
Lighter DASH
Aster DASHUSDT
Binance DASHUSDT
Gate DASH_USDTShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC DASH_USDT | +0.0100% | 8h | 58.970 | −0.034% | $20.5M | $9.9M | 100x | as long as short |
| Bitget DASHUSDT | +0.0100% | 8h | 58.980 | −0.017% | $6.4M | $2.8M | 50x | as long as short |
| BingX DASH-USDT | +0.0100% | 8h | 58.970 | −0.034% | — | $6.1M | — | as long as short |
| Variational Omni DASH | +0.0100% | 8h | 58.968 | −0.037% | $315K | $273K | — | as long as short |
| SunX DASH-USDT | +0.0100% | 8h | 58.990 | 0.000% | $25K | $1.2M | 20x | as long as short |
| SoDEX DASH-USD | +0.0100% | 1h | 58.975 | −0.025% | $270K | $4K | 5x | as long as short |
| HTX DASH-USDT | +0.0100% | 8h | 59.130 | +0.237% | $124K | $200K | 30x | as long as short |
| Extended DASH-USD | +0.0104% | 1h | 58.976 | −0.024% | $10K | $207K | 10x | as long as short |
| Kraken Futures PF_DASHUSD | +0.0238% | 1h | 59.047 | +0.096% | $707K | $2.7M | 25x | as long as short |
| Coinbase International DASH-PERP-INTX | +0.0248% | 1h | 59.060 | +0.119% | $99K | $221K | 25x | as long as short |
| Hyperliquid DASH | +0.0455% | 1h | 59.100 | +0.186% | $4.4M | $2.4M | 5x | as long as short |
| GMX DASH/USD [WBTC.b-USDC]short | L +0.0545% / S −0.0510% | 1h | 58.968 | −0.038% | $145K | — | 50x |
MEXC DASH_USDT
Bitget DASHUSDT
BingX DASH-USDT
Variational Omni DASH
SunX DASH-USDT
SoDEX DASH-USD
HTX DASH-USDT
Extended DASH-USD
Kraken Futures PF_DASHUSD
Coinbase International DASH-PERP-INTX
Hyperliquid DASH