Funding you earn now, next payment 09:00 UTC−0.0087%/8h= −9.5% APRpaid last 24h −0.026%
Price spread now: MEXC 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 4 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. MEXC 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] | 0.1361 | L +0.0187% / S −0.0526% | pay 0.0023% / 1h | 13m 19s | $923 | — | 100x |
| Short | MEXC DYDX_USDT | 0.1362 | 0.0100 | get 0.0100% / 8h | 7h 13m | $2.9M | $761K | 125x |
GMX DYDX/USD [WBTC.b-USDC]
MEXC DYDX_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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: +0.075% → 0.000%
- $7.49
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$26.8
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: GMX: no order-book sample; MEXC: live order book, 4 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 MEXC live order book, 4 min ago | 3.67 bp | 9.8 bp −$10 | 44.8 bp −$448 | 166.6 bp −$16.7K | 440.1 bp −$220.0K |
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 | |
|---|---|---|---|---|---|---|---|---|
| Gate DYDX_USDT | +0.0071% | 8h | 0.1362 | +0.068% | $368K | $437K | 75x | as long as short |
| BloFin DYDX-USDT | +0.0089% | 8h | 0.1360 | −0.072% | $292K | $32K | 75x | as long as short |
| Lighter DYDX | +0.0096% | 1h | 0.1362 | +0.090% | $60K | $46K | 5x | as long as short |
| Hyperliquid DYDX | +0.0100% | 1h | 0.1363 | +0.170% | $2.0M | $713K | 5x | as long as short |
| Aster DYDXUSDT | +0.0100% | 8h | 0.1361 | +0.028% | $6K | $10K | 5x | as long as short |
| Binance DYDXUSDT | +0.0100% | 8h | 0.1362 | +0.066% | $5.3M | $7.8M | 75x | as long as short |
| Bybit DYDXUSDT | +0.0100% | 8h | 0.1361 | +0.001% | $4.8M | $2.7M | 75x | as long as short |
| OKX DYDX-USDT-SWAP | +0.0100% | 8h | 0.1361 | +0.038% | $2.1M | $2.8M | 20x | as long as short |
| MEXC DYDX_USDTshort | +0.0100% | 8h | 0.1362 | +0.075% | $2.9M | $761K | 125x | |
| KuCoin DYDXUSDTM | +0.0100% | 8h | 0.1363 | +0.148% | $2.3M | $3.3M | 50x | as long as short |
Gate DYDX_USDT
BloFin DYDX-USDT
Lighter DYDX
Hyperliquid DYDX
Aster DYDXUSDT
Binance DYDXUSDT
Bybit DYDXUSDT
OKX DYDX-USDT-SWAP
KuCoin DYDXUSDTMShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget DYDXUSDT | +0.0100% | 8h | 0.1362 | +0.075% | $1.4M | $864K | 10x | as long as short |
| BingX DYDX-USDT | +0.0100% | 8h | 0.1362 | +0.075% | — | $3.0M | — | as long as short |
| Extended DYDX-USD | +0.0104% | 1h | 0.1362 | +0.048% | $3K | $400K | 10x | as long as short |
| Aevo DYDX-PERP | +0.0104% | 1h | 0.1360 | −0.053% | $49K | — | 3x | as long as short |
| Arcus DYDX-USD | +0.0117% | 1h | 0.1364 | +0.222% | $52K | $21K | 5x | as long as short |
| GMX DYDX/USD [WBTC.b-USDC]long | L +0.0187% / S −0.0526% | 1h | 0.1361 | long leg | $923 | — | 100x | |
| Injective DYDX/USDC PERP | +0.0188% | 1h | 0.1346 | −1.101% | $6K | $48K | 12x | as long as short |
| Deribit DYDX_USDC-PERPETUAL | +0.0485% | 1h | 0.1362 | +0.075% | — | — | 25x | as long as short |
| Coinbase International DYDX-PERP-INTX | +0.0992% | 1h | 0.1369 | +0.589% | $16K | $27K | 50x | as long as short |
| Kraken Futures PF_DYDXUSD | +0.1077% | 1h | 0.1362 | +0.063% | $306K | $300K | 20x | as long as short |
| dYdX DYDX-USD | +1.0859% | 1h | 0.1362 | +0.099% | $77K | $2K | 5x | as long as short |
Bitget DYDXUSDT
BingX DYDX-USDT
Extended DYDX-USD
Aevo DYDX-PERP
Arcus DYDX-USD
Injective DYDX/USDC PERP
Deribit DYDX_USDC-PERPETUAL
Coinbase International DYDX-PERP-INTX
Kraken Futures PF_DYDXUSD
dYdX DYDX-USD