Funding you earn now, next payment 01:00 UTC−0.0087%/8h= −9.6% APRpaid last 24h −0.021%
Price spread now: Gate against GMX+0.050%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. Gate is 0.050% dearer against GMX than usual: you sell high and buy low (spread +0.050% now, against zero (this spread has no 7-day history yet)): +$5 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 46 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX DYDX/USD [WBTC.b-USDC] | 0.1385 | L +0.0187% / S −0.0526% | pay 0.0023% / 1h | 41m 03s | $940 | — | 100x |
| Short | Gate DYDX_USDT | 0.1386 | 0.0100 | get 0.0100% / 8h | 7h 41m | $386K | $457K | 75x |
GMX DYDX/USD [WBTC.b-USDC]
Gate DYDX_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$18.32
- Price spread: +0.050% → 0.000%
- $4.98
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$40.34
- Costs to cover
- 0.270%
- Break-even
- never at this rate
Slippage unknown: GMX: no order-book sample; Gate: live order book, 30 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 Gate live order book, 30 min ago | 4.34 bp | 37.4 bp −$37 | 314.4 bp −$3,144 | 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 | −0.0214% | 1h | 0.1387 | +0.115% | $6K | $52K | 12x | as long as short |
| Deribit DYDX_USDC-PERPETUAL | 0.0000% | 1h | 0.1386 | +0.043% | — | — | 25x | as long as short |
| Kraken Futures PF_DYDXUSD | +0.0095% | 1h | 0.1388 | +0.179% | $312K | $332K | 20x | as long as short |
| Lighter DYDX | +0.0096% | 1h | 0.1386 | +0.064% | $62K | $48K | 5x | as long as short |
| Hyperliquid DYDX | +0.0100% | 1h | 0.1388 | +0.151% | $2.1M | $735K | 5x | as long as short |
| Aster DYDXUSDT | +0.0100% | 8h | 0.1386 | +0.027% | $6K | $12K | 5x | as long as short |
| Binance DYDXUSDT | +0.0100% | 8h | 0.1386 | +0.043% | $5.2M | $8.3M | 75x | as long as short |
| Bybit DYDXUSDT | +0.0100% | 8h | 0.1384 | −0.080% | $4.6M | $2.3M | 75x | as long as short |
| OKX DYDX-USDT-SWAP | +0.0100% | 8h | 0.1386 | +0.028% | $2.2M | $3.4M | 20x | as long as short |
| Arcus DYDX-USD | +0.0100% | 1h | 0.1388 | +0.187% | $54K | $20K | 5x | as long as short |
Injective DYDX/USDC PERP
Deribit DYDX_USDC-PERPETUAL
Kraken Futures PF_DYDXUSD
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_USDTshort | +0.0100% | 8h | 0.1386 | +0.050% | $386K | $457K | 75x | |
| MEXC DYDX_USDT | +0.0100% | 8h | 0.1386 | +0.043% | $3.1M | $916K | 125x | as long as short |
| KuCoin DYDXUSDTM | +0.0100% | 8h | 0.1387 | +0.115% | $2.3M | $3.9M | 50x | as long as short |
| Bitget DYDXUSDT | +0.0100% | 8h | 0.1387 | +0.115% | $1.4M | $1.1M | 10x | as long as short |
| BingX DYDX-USDT | +0.0100% | 8h | 0.1386 | +0.043% | — | $3.0M | — | as long as short |
| Extended DYDX-USD | +0.0104% | 1h | 0.1386 | +0.053% | $3K | $108K | 10x | as long as short |
| Aevo DYDX-PERP | +0.0104% | 1h | 0.1389 | +0.224% | $50K | — | 3x | as long as short |
| BloFin DYDX-USDT | +0.0129% | 8h | 0.1386 | +0.043% | $298K | $12K | 75x | as long as short |
| GMX DYDX/USD [WBTC.b-USDC]long | L +0.0187% / S −0.0526% | 1h | 0.1385 | long leg | $940 | — | 100x | |
| Coinbase International DYDX-PERP-INTX | +0.0648% | 1h | 0.1390 | +0.331% | $16K | $30K | 50x | as long as short |
| dYdX DYDX-USD | +0.2314% | 1h | 0.1387 | +0.092% | $79K | $2K | 5x | as long as short |
MEXC DYDX_USDT
KuCoin DYDXUSDTM
Bitget DYDXUSDT
BingX DYDX-USDT
Extended DYDX-USD
Aevo DYDX-PERP
BloFin DYDX-USDT
Coinbase International DYDX-PERP-INTX
dYdX DYDX-USD