Funding you earn now, next payment 05:00 UTC+0.0133%/8h= +14.6% APRnext payment +$0.17 per $10,000 · paid last 24h +0.331%
Price spread now: GMX against Extended+0.120%7-day average +0.071% · 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)+1.287%+$129 on $10k
+Price spread, last 4 days (all we have)−0.133%−$13 · spread now +0.120%, 7d avg +0.071%
=Together, before fees+1.154%+ Points / potential airdropExtended: Active · farm board+$115 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and GMX is 0.049% dearer against Extended than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.071%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended FIL-USD | 0.9990 | 0.0104 | pay 0.0013% / 1h | 58m 26s | $711K | $3.3M | 10x |
| Short | GMX FIL/USD [WBTC.b-USDC] | 1.0002 | L +0.0574% / S −0.0237% | get 0.0030% / 1h | 58m 26s | $267K | — | 100x |
Extended FIL-USD
GMX FIL/USD [WBTC.b-USDC]Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX against Extended. 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
- $28.03
- Price spread: +0.120% → +0.071%
- $4.89
- Slippage, 4 orders
- no order book: not counted
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- $15.91
- Costs to cover
- 0.170%
- Break-even
- 3.0 days
Slippage unknown: Extended: live order book, 5 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 Extended live order book, 5 min ago | 1.15 bp | 6.8 bp −$7 | 63.0 bp −$630 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International FIL-PERP-INTX | −0.0240% | 1h | 1.0010 | +0.199% | $366K | $2.1M | 50x | as long as short |
| OKX FIL-USDT-SWAP | −0.0029% | 8h | 1.0004 | +0.139% | $18.5M | $105.5M | 50x | as long as short |
| gTrade (Gains Network) FIL/USD | L −0.0004% / S +0.0006% | 1h | 1.0002 | +0.114% | $26K | — | 150x | as long as short |
| dYdX FIL-USD | 0.0000% | 1h | 1.0000 | +0.099% | $58K | $2K | 10x | as long as short |
| KuCoin FILUSDTM | +0.0010% | 8h | 0.9994 | +0.039% | $7.3M | $7.6M | 50x | as long as short |
| Injective FIL/USDC PERP | +0.0033% | 1h | 0.9855 | −1.353% | $2K | $240K | 12x | as long as short |
| Kraken Futures PF_FILUSD | +0.0066% | 1h | 1.0001 | +0.105% | $1.4M | $2.3M | 50x | as long as short |
| SoDEX FIL-USD | +0.0089% | 1h | 0.9993 | +0.029% | $480 | $11K | 5x | as long as short |
| Lighter FIL | +0.0096% | 1h | 0.9993 | +0.027% | $154K | $354K | 5x | as long as short |
| Hyperliquid FIL | +0.0100% | 1h | 0.9995 | +0.046% | $8.5M | $9.4M | 5x | as long as short |
Coinbase International FIL-PERP-INTX
OKX FIL-USDT-SWAP
gTrade (Gains Network) FIL/USD
dYdX FIL-USD
KuCoin FILUSDTM
Injective FIL/USDC PERP
Kraken Futures PF_FILUSD
SoDEX FIL-USD
Lighter FIL
Hyperliquid FILShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster FILUSDT | +0.0100% | 8h | 0.9996 | +0.055% | $513K | $610K | 20x | as long as short |
| Binance FILUSDT | +0.0100% | 8h | 1.0001 | +0.109% | $57.5M | $183.7M | 75x | as long as short |
| Bybit FILUSDT | +0.0100% | 8h | 1.0002 | +0.119% | $15.8M | $20.1M | 25x | as long as short |
| Gate FIL_USDT | +0.0100% | 8h | 1.0000 | +0.099% | $8.5M | $16.6M | 50x | as long as short |
| MEXC FIL_USDC | +0.0100% | 8h | 0.9987 | −0.031% | $242K | $102K | 50x | as long as short |
| Bitget FILUSDT | +0.0100% | 8h | 0.9990 | −0.001% | $11.2M | $20.3M | 75x | as long as short |
| BingX FIL-USDT | +0.0100% | 8h | 0.9998 | +0.079% | — | $11.8M | — | as long as short |
| Variational Omni FIL | +0.0100% | 8h | 1.0019 | +0.286% | $451K | $265K | — | as long as short |
| edgeX FILUSDC | +0.0100% | 4h | 1.0013 | +0.227% | $46K | $297K | 10x | as long as short |
| GRVT FIL_USDT_Perp | +0.0100% | 8h | 0.9996 | +0.064% | $298K | $1.0M | 10x | as long as short |
| ApeX Omni FILUSDT | +0.0100% | 1h | 1.0000 | +0.099% | $30K | $182K | 50x | as long as short |
| Orderly PERP_FIL_USDC_mythos | +0.0100% | 4h | 1.0009 | +0.190% | $4K | $798 | 10x | as long as short |
| SunX FIL-USDT | +0.0100% | 8h | 0.9990 | −0.001% | $3K | $1.1M | 20x | as long as short |
| HTX FIL-USDT | +0.0100% | 8h | 1.0003 | +0.129% | $623K | $5.8M | 75x | as long as short |
| Phemex FILUSDT | +0.0100% | 8h | 0.9980 | −0.101% | $1.2M | $2.5M | 50x | as long as short |
| Extended FIL-USDlong | +0.0104% | 1h | 0.9990 | long leg | $711K | $3.3M | 10x | |
| BloFin FIL-USDT | +0.0220% | 8h | 1.0023 | +0.329% | $2.7M | $668K | 75x | as long as short |
| Deribit FIL_USDC-PERPETUAL | +0.0449% | 1h | 1.0020 | +0.299% | $172K | $23K | 25x | as long as short |
| GMX FIL/USD [WBTC.b-USDC]short | L +0.0574% / S −0.0237% | 1h | 1.0002 | +0.120% | $267K | — | 100x |
Aster FILUSDT
Binance FILUSDT
Bybit FILUSDT
Gate FIL_USDT
MEXC FIL_USDC
Bitget FILUSDT
BingX FIL-USDT
Variational Omni FIL
edgeX FILUSDC
GRVT FIL_USDT_Perp
ApeX Omni FILUSDT
Orderly PERP_FIL_USDC_mythos
SunX FIL-USDT
HTX FIL-USDT
Phemex FILUSDT
BloFin FIL-USDT
Deribit FIL_USDC-PERPETUAL