Funding you earn now, next payment 22:00 UTC+0.0659%/8h= +72.2% APRnext payment +$0.82 per $10,000 · paid last 24h +0.377%
Price spread now: GMX against ApeX Omni+0.197%68s7-day average +0.029% · 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)+1.217%+$122 on $10k
+Price spread, last 3 days (all we have)−0.215%−$21 · spread now +0.197%, 7d avg +0.029%
=Both sides work for this trade now. Funding pays +$20 a day on $10k at the current rate, and GMX is 0.168% dearer against ApeX Omni than usual: you sell high and buy low: +$17 more if the spread goes back to its 7-day average of +0.029%. The two prices were read 68 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 | ApeX Omni FILUSDT | 0.9840 | 0.0100 | pay 0.0013% / 1h | 24m 14s | $42K | $193K | 50x |
| Short | GMX FIL/USD [WBTC.b-USDC] | 0.9859 | L +0.0625% / S −0.0759% | get 0.0095% / 1h | 24m 14s | $218K | — | 100x |
ApeX Omni FILUSDT
GMX FIL/USD [WBTC.b-USDC]Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX against ApeX Omni. 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
- $138.48
- Price spread: +0.197% → +0.029%
- $16.82
- Slippage, 4 orders
- no order book: not counted
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- $133.31
- Costs to cover
- 0.220%
- Break-even
- 0.3 days
Slippage unknown: ApeX Omni: live order book, 61 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 ApeX Omni live order book, 61 min ago | 15.38 bp | 24.7 bp −$25 | 119.6 bp −$1,196 | 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.
FIL on 29 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit FIL_USDC-PERPETUAL | −0.1168% | 1h | 0.9862 | +0.224% | $170K | $23K | 25x | as long as short |
| Kraken Futures PF_FILUSD | −0.0621% | 1h | 0.9862 | +0.222% | $1.4M | $2.3M | 50x | as long as short |
| Lighter FIL | −0.0376% | 1h | 0.9849 | +0.086% | $157K | $337K | 5x | as long as short |
| Coinbase International FIL-PERP-INTX | −0.0328% | 1h | 0.9860 | +0.203% | $315K | $1.9M | 50x | as long as short |
| Bybit FILUSDT | −0.0051% | 8h | 0.9856 | +0.163% | $15.5M | $17.9M | 25x | as long as short |
| Bitget FILUSDT | −0.0034% | 8h | 0.9852 | +0.122% | $10.8M | $21.9M | 75x | as long as short |
| gTrade (Gains Network) FIL/USD | L −0.0004% / S +0.0006% | 1h | 0.9859 | +0.192% | $25K | — | 150x | as long as short |
| dYdX FIL-USD | 0.0000% | 1h | 0.9859 | +0.194% | $57K | $2K | 10x | as long as short |
| Variational Omni FIL | +0.0009% | 8h | 0.9855 | +0.149% | $437K | $277K | — | as long as short |
| OKX FIL-USDT-SWAP | +0.0016% | 8h | 0.9852 | +0.122% | $18.1M | $96.6M | 50x | as long as short |
Deribit FIL_USDC-PERPETUAL
Kraken Futures PF_FILUSD
Lighter FIL
Coinbase International FIL-PERP-INTX
Bybit FILUSDT
Bitget FILUSDT
gTrade (Gains Network) FIL/USD
dYdX FIL-USD
Variational Omni FIL
OKX FIL-USDT-SWAPShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid FIL | +0.0033% | 1h | 0.9854 | +0.140% | $8.6M | $9.5M | 5x | as long as short |
| KuCoin FILUSDTM | +0.0033% | 8h | 0.9857 | +0.173% | $7.4M | $7.1M | 50x | as long as short |
| Injective FIL/USDC PERP | +0.0033% | 1h | 0.9751 | −0.904% | $2K | $148K | 12x | as long as short |
| Aster FILUSDT | +0.0100% | 8h | 0.9859 | +0.192% | $488K | $514K | 20x | as long as short |
| Binance FILUSDT | +0.0100% | 8h | 0.9853 | +0.132% | $56.5M | $175.8M | 75x | as long as short |
| Gate FIL_USDT | +0.0100% | 8h | 0.9854 | +0.142% | $7.8M | $16.3M | 50x | as long as short |
| MEXC FIL_USDC | +0.0100% | 8h | 0.9849 | +0.091% | $250K | $105K | 50x | as long as short |
| BingX FIL-USDT | +0.0100% | 8h | 0.9855 | +0.152% | — | $11.9M | — | as long as short |
| edgeX FILUSDC | +0.0100% | 4h | 0.9838 | −0.022% | $45K | $292K | 10x | as long as short |
| GRVT FIL_USDT_Perp | +0.0100% | 8h | 0.9838 | −0.025% | $288K | $813K | 10x | as long as short |
| ApeX Omni FILUSDTlong | +0.0100% | 1h | 0.9840 | long leg | $42K | $193K | 50x | |
| Orderly PERP_FIL_USDC_mythos | +0.0100% | 4h | 0.9865 | +0.255% | $5K | — | 10x | as long as short |
| SunX FIL-USDT | +0.0100% | 8h | 0.9850 | +0.102% | $3K | $1.1M | 20x | as long as short |
| SoDEX FIL-USD | +0.0100% | 1h | 0.9854 | +0.142% | $478 | $11K | 5x | as long as short |
| HTX FIL-USDT | +0.0100% | 8h | 0.9858 | +0.183% | $628K | $5.7M | 75x | as long as short |
| Phemex FILUSDT | +0.0100% | 8h | 0.9860 | +0.203% | $1.1M | $2.2M | 50x | as long as short |
| Extended FIL-USD | +0.0104% | 1h | 0.9853 | +0.130% | $685K | $2.3M | 10x | as long as short |
| BloFin FIL-USDT | +0.0220% | 8h | 0.9849 | +0.091% | $2.6M | $637K | 75x | as long as short |
| GMX FIL/USD [WBTC.b-USDC]short | L +0.0625% / S −0.0759% | 1h | 0.9859 | +0.197% | $218K | — | 100x |
Hyperliquid FIL
KuCoin FILUSDTM
Injective FIL/USDC PERP
Aster FILUSDT
Binance FILUSDT
Gate FIL_USDT
MEXC FIL_USDC
BingX FIL-USDT
edgeX FILUSDC
GRVT FIL_USDT_Perp
Orderly PERP_FIL_USDC_mythos
SunX FIL-USDT
SoDEX FIL-USD
HTX FIL-USDT
Phemex FILUSDT
Extended FIL-USD
BloFin FIL-USDT