Funding you earn now, next payment 22:00 UTC+0.0433%/8h= +47.5% APRpaid last 24h +0.096%
Price spread now: GMX against BloFin−0.085%51s7-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
Funding pays, the price is against you. GMX is 0.085% cheaper against BloFin than usual: you would sell low and buy high (spread −0.085% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$9 on $10k: about 16 hours of funding at the current rate (+$13 a day). The two prices were read 51 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin DYDX-USDT | 0.1387 | 0.0092 | pay 0.0092% / 8h | 2h 29m | $302K | $16K | 75x |
| Short | GMX DYDX/USD [WBTC.b-USDC] | 0.1386 | L +0.0187% / S −0.0526% | get 0.0066% / 1h | 29m 28s | $940 | — | 100x |
BloFin DYDX-USDT
GMX DYDX/USD [WBTC.b-USDC]Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX against BloFin. 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
- $91
- Price spread: −0.085% → 0.000%
- −$8.51
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- $58.49
- Costs to cover
- 0.240%
- Break-even
- 2.5 days
Slippage unknown: BloFin: live order book, 55 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 BloFin live order book, 55 min ago | 3.63 bp | 19.6 bp −$20 | 64.9 bp −$649 | 343.4 bp −$34.3K | 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.
DYDX on 21 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 DYDX/USDC PERP | −0.0395% | 1h | 0.1385 | −0.144% | $6K | $51K | 12x | as long as short |
| Deribit DYDX_USDC-PERPETUAL | 0.0000% | 1h | 0.1386 | −0.072% | — | — | 25x | as long as short |
| BloFin DYDX-USDTlong | +0.0092% | 8h | 0.1387 | long leg | $302K | $16K | 75x | |
| Lighter DYDX | +0.0096% | 1h | 0.1386 | −0.036% | $63K | $46K | 5x | as long as short |
| Hyperliquid DYDX | +0.0100% | 1h | 0.1388 | +0.072% | $2.1M | $724K | 5x | as long as short |
| Aster DYDXUSDT | +0.0100% | 8h | 0.1385 | −0.131% | $6K | $12K | 5x | as long as short |
| Binance DYDXUSDT | +0.0100% | 8h | 0.1386 | −0.079% | $5.3M | $8.5M | 75x | as long as short |
| Bybit DYDXUSDT | +0.0100% | 8h | 0.1385 | −0.137% | $4.6M | $2.4M | 75x | as long as short |
| OKX DYDX-USDT-SWAP | +0.0100% | 8h | 0.1386 | −0.036% | $2.2M | $3.5M | 20x | as long as short |
| Arcus DYDX-USD | +0.0100% | 1h | 0.1388 | +0.072% | $53K | $19K | 5x | as long as short |
Injective DYDX/USDC PERP
Deribit DYDX_USDC-PERPETUAL
Lighter DYDX
Hyperliquid DYDX
Aster DYDXUSDT
Binance DYDXUSDT
Bybit DYDXUSDT
OKX DYDX-USDT-SWAP
Arcus DYDX-USDShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate DYDX_USDT | +0.0100% | 8h | 0.1386 | −0.072% | $392K | $490K | 75x | as long as short |
| MEXC DYDX_USDT | +0.0100% | 8h | 0.1386 | −0.072% | $3.4M | $815K | 125x | as long as short |
| KuCoin DYDXUSDTM | +0.0100% | 8h | 0.1387 | 0.000% | $2.3M | $4.1M | 50x | as long as short |
| Bitget DYDXUSDT | +0.0100% | 8h | 0.1386 | −0.072% | $1.4M | $1.2M | 10x | as long as short |
| BingX DYDX-USDT | +0.0100% | 8h | 0.1386 | −0.072% | — | $8.0M | — | as long as short |
| Extended DYDX-USD | +0.0104% | 1h | 0.1386 | −0.083% | $3K | $109K | 10x | as long as short |
| Aevo DYDX-PERP | +0.0104% | 1h | 0.1388 | +0.057% | $50K | — | 3x | as long as short |
| GMX DYDX/USD [WBTC.b-USDC]short | L +0.0187% / S −0.0526% | 1h | 0.1386 | −0.085% | $940 | — | 100x | |
| Kraken Futures PF_DYDXUSD | +0.0350% | 1h | 0.1389 | +0.141% | $323K | $324K | 20x | as long as short |
| Coinbase International DYDX-PERP-INTX | +0.0968% | 1h | 0.1390 | +0.216% | $17K | $29K | 50x | as long as short |
| dYdX DYDX-USD | +0.2566% | 1h | 0.1385 | −0.113% | $79K | $2K | 5x | as long as short |
Gate DYDX_USDT
MEXC DYDX_USDT
KuCoin DYDXUSDTM
Bitget DYDXUSDT
BingX DYDX-USDT
Extended DYDX-USD
Aevo DYDX-PERP
Kraken Futures PF_DYDXUSD
Coinbase International DYDX-PERP-INTX
dYdX DYDX-USD