Funding you earn now, next payment 00:00 UTC−0.0288%/8h= −31.6% APRpaid last 24h −0.087%
Price spread now: OKX against GMX−0.105%7-day average — · 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)—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 −$9 a day on $10k at the current rate, and OKX is 0.105% cheaper against GMX than usual: you would sell low and buy high (−$11 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 DOT/USD [WBTC.b-USDC] | 1.2021 | L +0.0302% / S −0.1012% | pay 0.0038% / 1h | 6m 39s | $22K | — | 100x |
| Short | OKX DOT-USDT-SWAP | 1.2008 | 0.0014 | get 0.0014% / 8h | 6m 39s | $9.5M | $24.0M | 50x |
GMX DOT/USD [WBTC.b-USDC]
OKX DOT-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- −$60.57
- Price spread: −0.105% → 0.000%
- −$10.52
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$93.09
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: GMX: no order-book sample; OKX: live order book, 2 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 OKX live order book, 2 min ago | 0.42 bp | 10.6 bp −$11 | 23.0 bp −$230 | 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.
DOT on 29 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 | |
|---|---|---|---|---|---|---|---|---|
| Reya DOTRUSDPERP | −0.0166% | 1h | 1.2012 | −0.071% | $260 | — | — | as long as short |
| Deribit DOT_USDC-PERPETUAL | −0.0165% | 1h | 1.2030 | +0.078% | $220K | $116K | 50x | as long as short |
| Coinbase International DOT-PERP-INTX | −0.0056% | 1h | 1.2020 | −0.005% | $206K | $1.8M | 50x | as long as short |
| dYdX DOT-USD | 0.0000% | 1h | 1.2019 | −0.010% | $145K | $6K | 10x | as long as short |
| gTrade (Gains Network) DOT/USD | L 0.0000% / S +0.0004% | 1h | 1.2021 | +0.001% | $5K | — | 150x | as long as short |
| OKX DOT-USDT-SWAPshort | +0.0014% | 8h | 1.2008 | −0.105% | $9.5M | $24.0M | 50x | |
| Kraken Futures PF_DOTUSD | +0.0032% | 1h | 1.2028 | +0.059% | $4.5M | $1.4M | 50x | as long as short |
| Injective DOT/USDC PERP | +0.0033% | 1h | 1.2020 | −0.005% | $328 | $121K | 12x | as long as short |
| KuCoin DOTUSDTM | +0.0053% | 8h | 1.2011 | −0.080% | $6.8M | $8.9M | 75x | as long as short |
| Lighter DOT | +0.0096% | 1h | 1.2016 | −0.036% | $245K | $605K | 10x | as long as short |
Reya DOTRUSDPERP
Deribit DOT_USDC-PERPETUAL
Coinbase International DOT-PERP-INTX
dYdX DOT-USD
gTrade (Gains Network) DOT/USD
Kraken Futures PF_DOTUSD
Injective DOT/USDC PERP
KuCoin DOTUSDTM
Lighter DOTShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni DOT | +0.0099% | 8h | 1.2009 | −0.099% | $547K | $61K | — | as long as short |
| Hyperliquid DOT | +0.0100% | 1h | 1.2017 | −0.030% | $5.3M | $3.5M | 10x | as long as short |
| Aster DOTUSDT | +0.0100% | 8h | 1.2031 | +0.087% | $876K | $691K | 50x | as long as short |
| Binance DOTUSDT | +0.0100% | 8h | 1.2013 | −0.064% | $44.3M | $83.3M | 75x | as long as short |
| Bybit DOTUSDT | +0.0100% | 8h | 1.2006 | −0.122% | $24.7M | $18.6M | 75x | as long as short |
| Gate DOT_USDT | +0.0100% | 8h | 1.2020 | −0.005% | $6.8M | $11.8M | 75x | as long as short |
| MEXC DOT_USDT | +0.0100% | 8h | 1.2014 | −0.055% | $33.6M | $41.0M | 300x | as long as short |
| Bitget DOTUSDT | +0.0100% | 8h | 1.2010 | −0.089% | $23.0M | $14.8M | 75x | as long as short |
| BingX DOT-USDC | +0.0100% | 8h | 1.2014 | −0.055% | — | $1.3M | — | as long as short |
| Backpack DOT_USDC_PERP | +0.0100% | 1h | 1.2019 | −0.014% | $96K | $131K | 10x | as long as short |
| edgeX DOTUSDC | +0.0100% | 4h | 1.2034 | +0.108% | $35K | $333K | 20x | as long as short |
| GRVT DOT_USDT_Perp | +0.0100% | 8h | 1.2044 | +0.197% | $233K | $457K | 10x | as long as short |
| Orderly PERP_DOT_USDC | +0.0100% | 8h | 1.2020 | −0.005% | $8K | $23K | 10x | as long as short |
| SunX DOT-USDT | +0.0100% | 8h | 1.2042 | +0.178% | $2K | $1.3M | 20x | as long as short |
| HTX DOT-USDT | +0.0100% | 8h | 1.2047 | +0.219% | $249K | $220K | 75x | as long as short |
| Extended DOT-USD | +0.0104% | 1h | 1.2010 | −0.087% | $15K | $236K | 25x | as long as short |
| BloFin DOT-USDT | +0.0220% | 8h | 1.2024 | +0.028% | $2.2M | $785K | 75x | as long as short |
| Phemex DOTUSDT | +0.0288% | 8h | 1.2040 | +0.161% | $2.3M | $2.1M | 50x | as long as short |
| GMX DOT/USD [WBTC.b-USDC]long | L +0.0302% / S −0.1012% | 1h | 1.2021 | long leg | $22K | — | 100x |
Variational Omni DOT
Hyperliquid DOT
Aster DOTUSDT
Binance DOTUSDT
Bybit DOTUSDT
Gate DOT_USDT
MEXC DOT_USDT
Bitget DOTUSDT
BingX DOT-USDC
Backpack DOT_USDC_PERP
edgeX DOTUSDC
GRVT DOT_USDT_Perp
Orderly PERP_DOT_USDC
SunX DOT-USDT
HTX DOT-USDT
Extended DOT-USD
BloFin DOT-USDT
Phemex DOTUSDT