Funding you earn now, next payment 07:00 UTC−0.0087%/8h= −9.5% APRpaid last 24h −0.021%
Price spread now: KuCoin against GMX+0.099%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. KuCoin is 0.099% dearer against GMX than usual: you sell high and buy low (spread +0.099% now, against zero (this spread has no 7-day history yet)): +$10 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 3.8 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX DYDX/USD [WBTC.b-USDC] | 0.1352 | L +0.0187% / S −0.0526% | pay 0.0023% / 1h | 32m 16s | $917 | — | 100x |
| Short | KuCoin DYDXUSDTM | 0.1353 | 0.0100 | get 0.0100% / 8h | 1h 32m | $2.3M | $3.6M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- −$18.3
- Price spread: +0.099% → 0.000%
- $9.91
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$32.39
- Costs to cover
- 0.240%
- Break-even
- never at this rate
Slippage unknown: GMX: no order-book sample; KuCoin: live order book, 5 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 KuCoin live order book, 5 min ago | 3.71 bp | 38.6 bp −$39 | 184.7 bp −$1,847 | 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 | −0.0045% | 1h | 0.1348 | −0.271% | $6K | $48K | 12x | as long as short |
| Lighter DYDX | +0.0096% | 1h | 0.1353 | +0.070% | $60K | $48K | 5x | as long as short |
| Hyperliquid DYDX | +0.0100% | 1h | 0.1354 | +0.166% | $2.0M | $725K | 5x | as long as short |
| Aster DYDXUSDT | +0.0100% | 8h | 0.1352 | +0.044% | $6K | $12K | 5x | as long as short |
| Binance DYDXUSDT | +0.0100% | 8h | 0.1353 | +0.065% | $5.2M | $8.5M | 75x | as long as short |
| Bybit DYDXUSDT | +0.0100% | 8h | 0.1351 | −0.019% | $4.5M | $2.5M | 75x | as long as short |
| OKX DYDX-USDT-SWAP | +0.0100% | 8h | 0.1353 | +0.070% | $2.1M | $3.1M | 20x | as long as short |
| Gate DYDX_USDT | +0.0100% | 8h | 0.1353 | +0.062% | $378K | $433K | 75x | as long as short |
| MEXC DYDX_USDT | +0.0100% | 8h | 0.1352 | +0.025% | $2.9M | $789K | 125x | as long as short |
| KuCoin DYDXUSDTMshort | +0.0100% | 8h | 0.1353 | +0.099% | $2.3M | $3.6M | 50x |
Show all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget DYDXUSDT | +0.0100% | 8h | 0.1354 | +0.173% | $1.4M | $1.0M | 10x | as long as short |
| BingX DYDX-USDT | +0.0100% | 8h | 0.1353 | +0.099% | — | $3.0M | — | as long as short |
| Extended DYDX-USD | +0.0104% | 1h | 0.1352 | +0.045% | $1K | $122K | 10x | as long as short |
| Aevo DYDX-PERP | +0.0104% | 1h | 0.1352 | +0.005% | $49K | — | 3x | as long as short |
| BloFin DYDX-USDT | +0.0127% | 8h | 0.1346 | −0.419% | $292K | $17K | 75x | as long as short |
| GMX DYDX/USD [WBTC.b-USDC]long | L +0.0187% / S −0.0526% | 1h | 0.1352 | long leg | $917 | — | 100x | |
| Arcus DYDX-USD | +0.0239% | 1h | 0.1353 | +0.099% | $52K | $20K | 5x | as long as short |
| Deribit DYDX_USDC-PERPETUAL | +0.0490% | 1h | 0.1353 | +0.099% | — | — | 25x | as long as short |
| Coinbase International DYDX-PERP-INTX | +0.0992% | 1h | 0.1355 | +0.247% | $17K | $31K | 50x | as long as short |
| Kraken Futures PF_DYDXUSD | +0.1032% | 1h | 0.1353 | +0.135% | $308K | $349K | 20x | as long as short |
| dYdX DYDX-USD | +0.5507% | 1h | 0.1354 | +0.160% | $77K | $2K | 5x | as long as short |
GMX DYDX/USD [WBTC.b-USDC]
KuCoin DYDXUSDTM
Injective DYDX/USDC PERP
Lighter DYDX
Hyperliquid DYDX
Aster DYDXUSDT
Binance DYDXUSDT
Bybit DYDXUSDT
OKX DYDX-USDT-SWAP
Gate DYDX_USDT
MEXC DYDX_USDT
Bitget DYDXUSDT
BingX DYDX-USDT
Extended DYDX-USD
BloFin DYDX-USDT
Deribit DYDX_USDC-PERPETUAL
Coinbase International DYDX-PERP-INTX
Kraken Futures PF_DYDXUSD