Funding you earn now, next payment 22:00 UTC+0.0426%/8h= +46.6% APRpaid last 24h +0.092%
Price spread now: GMX against Gate+0.100%7-day average — · you sell dearer than you buy
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 for this trade now. Funding pays +$13 a day on $10k at the current rate, and GMX is 0.100% dearer against Gate than usual: you sell high and buy low: +$10 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate DYDX_USDT | 0.1385 | 0.0100 | pay 0.0100% / 8h | 2h 38m | $397K | $484K | 75x |
| Short | GMX DYDX/USD [WBTC.b-USDC] | 0.1386 | L +0.0187% / S −0.0526% | get 0.0066% / 1h | 38m 15s | $940 | — | 100x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX against Gate. 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
- $89.36
- Price spread: +0.100% → 0.000%
- $9.96
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- $72.32
- Costs to cover
- 0.270%
- Break-even
- 1.3 days
Slippage unknown: Gate: live order book, 47 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 Gate live order book, 47 min ago | 6.88 bp | 41.4 bp −$41 | 442.6 bp −$4,426 | 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.
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 | 0.000% | $6K | $51K | 12x | as long as short |
| Deribit DYDX_USDC-PERPETUAL | 0.0000% | 1h | 0.1387 | +0.144% | — | — | 25x | as long as short |
| Lighter DYDX | +0.0096% | 1h | 0.1387 | +0.152% | $63K | $46K | 5x | as long as short |
| Hyperliquid DYDX | +0.0100% | 1h | 0.1389 | +0.253% | $2.1M | $722K | 5x | as long as short |
| Aster DYDXUSDT | +0.0100% | 8h | 0.1386 | +0.047% | $6K | $12K | 5x | as long as short |
| Binance DYDXUSDT | +0.0100% | 8h | 0.1386 | +0.093% | $5.2M | $8.6M | 75x | as long as short |
| Bybit DYDXUSDT | +0.0100% | 8h | 0.1385 | +0.007% | $4.6M | $2.4M | 75x | as long as short |
| OKX DYDX-USDT-SWAP | +0.0100% | 8h | 0.1388 | +0.224% | $2.2M | $3.5M | 20x | as long as short |
| Arcus DYDX-USD | +0.0100% | 1h | 0.1388 | +0.217% | $53K | $19K | 5x | as long as short |
| Gate DYDX_USDTlong | +0.0100% | 8h | 0.1385 | long leg | $397K | $484K | 75x |
Show all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| 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 | +0.144% | $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 | 0.1385 | +0.033% | $3K | $109K | 10x | as long as short |
| Aevo DYDX-PERP | +0.0104% | 1h | 0.1390 | +0.354% | $50K | — | 3x | as long as short |
| BloFin DYDX-USDT | +0.0107% | 8h | 0.1385 | 0.000% | $301K | $16K | 75x | as long as short |
| GMX DYDX/USD [WBTC.b-USDC]short | L +0.0187% / S −0.0526% | 1h | 0.1386 | +0.100% | $940 | — | 100x | |
| Kraken Futures PF_DYDXUSD | +0.0350% | 1h | 0.1387 | +0.161% | $325K | $323K | 20x | as long as short |
| Coinbase International DYDX-PERP-INTX | +0.0968% | 1h | 0.1390 | +0.361% | $17K | $31K | 50x | as long as short |
| dYdX DYDX-USD | +0.2542% | 1h | 0.1386 | +0.054% | $79K | $2K | 5x | as long as short |
Gate DYDX_USDT
GMX DYDX/USD [WBTC.b-USDC]
Injective DYDX/USDC PERP
Deribit DYDX_USDC-PERPETUAL
Lighter DYDX
Hyperliquid DYDX
Aster DYDXUSDT
Binance DYDXUSDT
Bybit DYDXUSDT
OKX DYDX-USDT-SWAP
MEXC DYDX_USDT
KuCoin DYDXUSDTM
Bitget DYDXUSDT
BingX DYDX-USDT
Extended DYDX-USD
BloFin DYDX-USDT
Kraken Futures PF_DYDXUSD
Coinbase International DYDX-PERP-INTX