Funding you earn now, next payment 22:00 UTC−0.0087%/8h= −9.5% APRpaid last 24h −0.021%
Price spread now: Bitget against GMX+0.075%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
The price spread pays, funding is against you. Bitget is 0.075% dearer against GMX than usual: you sell high and buy low (spread +0.075% now, against zero (this spread has no 7-day history yet)): +$7 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 2.9 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX DYDX/USD [WBTC.b-USDC] | 0.1381 | L +0.0187% / S −0.0526% | pay 0.0023% / 1h | 55m 43s | $937 | — | 100x |
| Short | Bitget DYDXUSDT | 0.1382 | 0.0100 | get 0.0100% / 8h | 2h 55m | $1.4M | $1.2M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- −$18.31
- Price spread: +0.075% → 0.000%
- $7.46
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$34.85
- Costs to cover
- 0.240%
- Break-even
- never at this rate
Slippage unknown: GMX: no order-book sample; Bitget: live order book, 1 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 Bitget live order book, 1 min ago | 3.62 bp | 27.3 bp −$27 | 89.5 bp −$895 | 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.
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 | 0.1382 | +0.075% | $6K | $51K | 12x | as long as short |
| Deribit DYDX_USDC-PERPETUAL | 0.0000% | 1h | 0.1381 | +0.002% | — | — | 25x | as long as short |
| Lighter DYDX | +0.0096% | 1h | 0.1383 | +0.140% | $63K | $46K | 5x | as long as short |
| Hyperliquid DYDX | +0.0100% | 1h | 0.1384 | +0.248% | $2.1M | $730K | 5x | as long as short |
| Aster DYDXUSDT | +0.0100% | 8h | 0.1381 | +0.033% | $6K | $12K | 5x | as long as short |
| Binance DYDXUSDT | +0.0100% | 8h | 0.1382 | +0.104% | $5.2M | $8.7M | 75x | as long as short |
| Bybit DYDXUSDT | +0.0100% | 8h | 0.1381 | +0.002% | $4.6M | $2.4M | 75x | as long as short |
| OKX DYDX-USDT-SWAP | +0.0100% | 8h | 0.1383 | +0.161% | $2.2M | $3.5M | 20x | as long as short |
| Arcus DYDX-USD | +0.0100% | 1h | 0.1384 | +0.219% | $53K | $19K | 5x | as long as short |
| Gate DYDX_USDT | +0.0100% | 8h | 0.1381 | +0.031% | $396K | $482K | 75x | as long as short |
Show all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC DYDX_USDT | +0.0100% | 8h | 0.1380 | −0.070% | $3.4M | $807K | 125x | as long as short |
| KuCoin DYDXUSDTM | +0.0100% | 8h | 0.1381 | +0.002% | $2.3M | $4.1M | 50x | as long as short |
| Bitget DYDXUSDTshort | +0.0100% | 8h | 0.1382 | +0.075% | $1.4M | $1.2M | 10x | |
| BingX DYDX-USDT | +0.0100% | 8h | 0.1381 | +0.002% | — | $8.0M | — | as long as short |
| Extended DYDX-USD | +0.0104% | 1h | 0.1381 | −0.009% | $3K | $109K | 10x | as long as short |
| Aevo DYDX-PERP | +0.0104% | 1h | 0.1380 | −0.070% | $50K | — | 3x | as long as short |
| BloFin DYDX-USDT | +0.0109% | 8h | 0.1381 | +0.002% | $302K | $16K | 75x | as long as short |
| GMX DYDX/USD [WBTC.b-USDC]long | L +0.0187% / S −0.0526% | 1h | 0.1381 | long leg | $937 | — | 100x | |
| Kraken Futures PF_DYDXUSD | +0.0352% | 1h | 0.1382 | +0.084% | $325K | $322K | 20x | as long as short |
| Coinbase International DYDX-PERP-INTX | +0.0968% | 1h | 0.1388 | +0.509% | $17K | $31K | 50x | as long as short |
| dYdX DYDX-USD | +0.2184% | 1h | 0.1383 | +0.117% | $79K | $2K | 5x | as long as short |
GMX DYDX/USD [WBTC.b-USDC]
Bitget DYDXUSDT
Injective DYDX/USDC PERP
Deribit DYDX_USDC-PERPETUAL
Lighter DYDX
Hyperliquid DYDX
Aster DYDXUSDT
Binance DYDXUSDT
Bybit DYDXUSDT
OKX DYDX-USDT-SWAP
Gate DYDX_USDT
MEXC DYDX_USDT
KuCoin DYDXUSDTM
BingX DYDX-USDT
Extended DYDX-USD
BloFin DYDX-USDT
Kraken Futures PF_DYDXUSD
Coinbase International DYDX-PERP-INTX