Funding you earn now, next payment 03:00 UTC−0.0576%/8h= −63.0% APRnext payment −$0.72 per $10,000 · paid last 24h −0.305%
Price spread now: Deribit against GMX+0.033%7-day average +0.023% · 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)−0.417%−$42 on $10k
+Price spread, last 4 days (all we have)+0.033%+$3 · spread now +0.033%, 7d avg +0.023%
=The price spread sits at its 7-day average of +0.023%, so right now this pair is about funding alone: −$17 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX FIL/USD [WBTC.b-USDC] | 1.0065 | L +0.0576% / S −0.0237% | pay 0.0072% / 1h | 39m 43s | $268K | — | 100x |
| Short | Deribit FIL_USDC-PERPETUAL | 1.0068 | 0 | get 0.0000% / 1h | 39m 43s | $173K | $23K | 25x |
GMX FIL/USD [WBTC.b-USDC]
Deribit FIL_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit 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
- −$120.91
- Price spread: +0.033% → +0.023%
- $1.01
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$138.9
- Costs to cover
- 0.190%
- Break-even
- never at this rate
Slippage unknown: GMX: no order-book sample; Deribit: live order book, 24 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 Deribit live order book, 24 min ago | 75.24 bp | 78.7 bp −$79 | doesn't fit | 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.
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 | −0.0256% | 1h | 1.0050 | −0.146% | $381K | $2.1M | 50x | as long as short |
| Kraken Futures PF_FILUSD | −0.0127% | 1h | 1.0065 | 0.000% | $1.4M | $2.3M | 50x | as long as short |
| OKX FIL-USDT-SWAP | −0.0063% | 8h | 1.0016 | −0.483% | $18.9M | $100.2M | 50x | as long as short |
| KuCoin FILUSDTM | −0.0037% | 8h | 1.0033 | −0.314% | $7.4M | $7.2M | 50x | as long as short |
| gTrade (Gains Network) FIL/USD | L −0.0003% / S +0.0006% | 1h | 1.0062 | −0.026% | $27K | — | 150x | as long as short |
| dYdX FIL-USD | 0.0000% | 1h | 1.0035 | −0.294% | $58K | $2K | 10x | as long as short |
| Deribit FIL_USDC-PERPETUALshort | 0.0000% | 1h | 1.0068 | +0.033% | $173K | $23K | 25x | |
| Injective FIL/USDC PERP | +0.0033% | 1h | 0.9855 | −2.083% | $2K | $240K | 12x | as long as short |
| Extended FIL-USD | +0.0056% | 1h | 1.0022 | −0.425% | $708K | $3.3M | 10x | as long as short |
| Binance FILUSDT | +0.0056% | 8h | 1.0023 | −0.411% | $58.0M | $178.1M | 75x | as long as short |
Coinbase International FIL-PERP-INTX
Kraken Futures PF_FILUSD
OKX FIL-USDT-SWAP
KuCoin FILUSDTM
gTrade (Gains Network) FIL/USD
dYdX FIL-USD
Injective FIL/USDC PERP
Extended FIL-USD
Binance FILUSDTShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC FIL_USDC | +0.0083% | 8h | 1.0026 | −0.384% | $243K | $103K | 50x | as long as short |
| Lighter FIL | +0.0096% | 1h | 1.0030 | −0.343% | $160K | $352K | 5x | as long as short |
| Phemex FILUSDT | +0.0098% | 8h | 1.0060 | −0.046% | $1.1M | $2.5M | 50x | as long as short |
| Hyperliquid FIL | +0.0100% | 1h | 1.0033 | −0.314% | $8.6M | $9.4M | 5x | as long as short |
| Aster FILUSDT | +0.0100% | 8h | 1.0046 | −0.185% | $511K | $577K | 20x | as long as short |
| Bybit FILUSDT | +0.0100% | 8h | 1.0018 | −0.464% | $15.6M | $19.3M | 25x | as long as short |
| Gate FIL_USDT | +0.0100% | 8h | 1.0026 | −0.384% | $8.5M | $16.4M | 50x | as long as short |
| Bitget FILUSDT | +0.0100% | 8h | 1.0022 | −0.424% | $11.0M | $20.1M | 75x | as long as short |
| BingX FIL-USDC | +0.0100% | 8h | 1.0019 | −0.454% | — | $6.5M | — | as long as short |
| Variational Omni FIL | +0.0100% | 8h | 1.0054 | −0.110% | $453K | $266K | — | as long as short |
| edgeX FILUSDC | +0.0100% | 4h | 1.0050 | −0.150% | $46K | $294K | 10x | as long as short |
| GRVT FIL_USDT_Perp | +0.0100% | 8h | 1.0045 | −0.199% | $301K | $869K | 10x | as long as short |
| ApeX Omni FILUSDT | +0.0100% | 1h | 1.0030 | −0.344% | $30K | $186K | 50x | as long as short |
| Orderly PERP_FIL_USDC_mythos | +0.0100% | 4h | 1.0070 | +0.056% | $5K | — | 10x | as long as short |
| SunX FIL-USDT | +0.0100% | 8h | 1.0050 | −0.146% | $3K | $1.1M | 20x | as long as short |
| SoDEX FIL-USD | +0.0100% | 1h | 1.0058 | −0.066% | $486 | $11K | 5x | as long as short |
| HTX FIL-USDT | +0.0100% | 8h | 1.0059 | −0.056% | $639K | $5.8M | 75x | as long as short |
| BloFin FIL-USDT | +0.0175% | 8h | 1.0054 | −0.106% | $2.8M | $640K | 75x | as long as short |
| GMX FIL/USD [WBTC.b-USDC]long | L +0.0576% / S −0.0237% | 1h | 1.0065 | long leg | $268K | — | 100x |
MEXC FIL_USDC
Lighter FIL
Phemex FILUSDT
Hyperliquid FIL
Aster FILUSDT
Bybit FILUSDT
Gate FIL_USDT
Bitget FILUSDT
BingX FIL-USDC
Variational Omni FIL
edgeX FILUSDC
GRVT FIL_USDT_Perp
ApeX Omni FILUSDT
Orderly PERP_FIL_USDC_mythos
SunX FIL-USDT
SoDEX FIL-USD
HTX FIL-USDT
BloFin FIL-USDT