Funding you earn now, next payment 00:00 UTC+0.0426%/8h= +46.6% APRpaid last 24h +0.095%
Price spread now: GMX against KuCoin−0.066%59s7-day average — · you buy dearer than you sell
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
Funding pays, the price is against you. GMX is 0.066% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.066% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$7 on $10k: about 12 hours of funding at the current rate (+$13 a day). The two prices were read 59 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin DYDXUSDTM | 0.1392 | 0.0100 | pay 0.0100% / 8h | 47m 27s | $2.4M | $4.0M | 50x |
| Short | GMX DYDX/USD [WBTC.b-USDC] | 0.1391 | L +0.0187% / S −0.0526% | get 0.0066% / 1h | 47m 27s | $943 | — | 100x |
KuCoin DYDXUSDTM
GMX DYDX/USD [WBTC.b-USDC]Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX against KuCoin. 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: −0.066% → 0.000%
- −$6.61
- Slippage, 4 orders
- no order book: not counted
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- $58.75
- Costs to cover
- 0.240%
- Break-even
- 2.4 days
Slippage unknown: KuCoin: live order book, 10 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 KuCoin live order book, 10 min ago | 3.60 bp | 42.0 bp −$42 | 149.0 bp −$1,490 | 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 | −0.0067% | 1h | 0.1390 | −0.144% | $6K | $51K | 12x | as long as short |
| Deribit DYDX_USDC-PERPETUAL | 0.0000% | 1h | 0.1391 | −0.072% | — | — | 25x | as long as short |
| BloFin DYDX-USDT | +0.0073% | 8h | 0.1391 | −0.072% | $298K | $14K | 75x | as long as short |
| Kraken Futures PF_DYDXUSD | +0.0078% | 1h | 0.1392 | −0.004% | $318K | $328K | 20x | as long as short |
| Lighter DYDX | +0.0096% | 1h | 0.1392 | −0.022% | $63K | $48K | 5x | as long as short |
| Hyperliquid DYDX | +0.0100% | 1h | 0.1393 | +0.086% | $2.1M | $737K | 5x | as long as short |
| Aster DYDXUSDT | +0.0100% | 8h | 0.1393 | +0.037% | $6K | $12K | 5x | as long as short |
| Binance DYDXUSDT | +0.0100% | 8h | 0.1391 | −0.073% | $5.3M | $8.4M | 75x | as long as short |
| Bybit DYDXUSDT | +0.0100% | 8h | 0.1390 | −0.136% | $4.6M | $2.3M | 75x | as long as short |
| OKX DYDX-USDT-SWAP | +0.0100% | 8h | 0.1392 | −0.029% | $2.2M | $3.4M | 20x | as long as short |
Injective DYDX/USDC PERP
Deribit DYDX_USDC-PERPETUAL
BloFin DYDX-USDT
Kraken Futures PF_DYDXUSD
Lighter DYDX
Hyperliquid DYDX
Aster DYDXUSDT
Binance DYDXUSDT
Bybit DYDXUSDT
OKX DYDX-USDT-SWAPShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Arcus DYDX-USD | +0.0100% | 1h | 0.1393 | +0.072% | $53K | $19K | 5x | as long as short |
| Gate DYDX_USDT | +0.0100% | 8h | 0.1391 | −0.072% | $387K | $468K | 75x | as long as short |
| MEXC DYDX_USDT | +0.0100% | 8h | 0.1391 | −0.072% | $3.4M | $860K | 125x | as long as short |
| KuCoin DYDXUSDTMlong | +0.0100% | 8h | 0.1392 | long leg | $2.4M | $4.0M | 50x | |
| Bitget DYDXUSDT | +0.0100% | 8h | 0.1392 | 0.000% | $1.4M | $1.1M | 10x | as long as short |
| BingX DYDX-USDT | +0.0100% | 8h | 0.1391 | −0.072% | — | $5.8M | — | as long as short |
| Extended DYDX-USD | +0.0104% | 1h | 0.1392 | −0.006% | $3K | $109K | 10x | as long as short |
| Aevo DYDX-PERP | +0.0104% | 1h | 0.1390 | −0.144% | $50K | — | 3x | as long as short |
| GMX DYDX/USD [WBTC.b-USDC]short | L +0.0187% / S −0.0526% | 1h | 0.1391 | −0.066% | $943 | — | 100x | |
| Coinbase International DYDX-PERP-INTX | +0.0784% | 1h | 0.1384 | −0.575% | $16K | $29K | 50x | as long as short |
| dYdX DYDX-USD | +0.2822% | 1h | 0.1392 | −0.027% | $79K | $2K | 5x | as long as short |
Arcus DYDX-USD
Gate DYDX_USDT
MEXC DYDX_USDT
Bitget DYDXUSDT
BingX DYDX-USDT
Extended DYDX-USD
Aevo DYDX-PERP
Coinbase International DYDX-PERP-INTX
dYdX DYDX-USD