Funding you earn now, next payment 06:00 UTC−0.0560%/8h= −61.3% APRpaid last 24h −0.154%
Price spread now: KuCoin against GMX+0.066%7-day average −0.026% · 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)−0.255%−$26 on $10k
+Price spread, last 4 days (all we have)−0.124%−$12 · spread now +0.066%, 7d avg −0.026%
=The price spread pays, funding is against you. KuCoin is 0.092% dearer against GMX than usual: you sell high and buy low (spread +0.066% now, against its 7-day average of −0.026%): +$9 on $10k if it goes back. Holding the pair costs −$17 a day in funding at the current rate, which eats that in about 13 hours. At the pace of the last 3 days (−0.255% in total) that is about 29 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX FIL/USD [WBTC.b-USDC] | 0.9933 | L +0.0591% / S −0.0266% | pay 0.0074% / 1h | 50m 50s | $265K | — | 100x |
| Short | KuCoin FILUSDTM | 0.9940 | 0.0031 | get 0.0031% / 8h | 2h 50m | $7.3M | $7.9M | 50x |
GMX FIL/USD [WBTC.b-USDC]
KuCoin FILUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- −$117.57
- Price spread: +0.066% → −0.026%
- $9.17
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$132.4
- Costs to cover
- 0.240%
- Break-even
- never at this rate
Slippage unknown: GMX: no order-book sample; KuCoin: live order book, 2 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 KuCoin live order book, 2 min ago | 2.02 bp | 17.0 bp −$17 | 46.0 bp −$460 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit FIL_USDC-PERPETUAL | −0.0554% | 1h | 0.9941 | +0.076% | $171K | $23K | 25x | as long as short |
| Coinbase International FIL-PERP-INTX | −0.0240% | 1h | 0.9947 | +0.136% | $357K | $2.2M | 50x | as long as short |
| gTrade (Gains Network) FIL/USD | L −0.0004% / S +0.0006% | 1h | 0.9934 | +0.009% | $26K | — | 150x | as long as short |
| dYdX FIL-USD | 0.0000% | 1h | 0.9940 | +0.068% | $58K | $1K | 10x | as long as short |
| OKX FIL-USDT-SWAP | +0.0014% | 8h | 0.9940 | +0.066% | $18.0M | $107.7M | 50x | as long as short |
| KuCoin FILUSDTMshort | +0.0031% | 8h | 0.9940 | +0.066% | $7.3M | $7.9M | 50x | |
| Injective FIL/USDC PERP | +0.0033% | 1h | 0.9855 | −0.790% | $2K | $240K | 12x | as long as short |
| Lighter FIL | +0.0096% | 1h | 0.9937 | +0.037% | $145K | $376K | 5x | as long as short |
| Hyperliquid FIL | +0.0100% | 1h | 0.9940 | +0.070% | $8.4M | $9.4M | 5x | as long as short |
| Aster FILUSDT | +0.0100% | 8h | 0.9942 | +0.090% | $507K | $613K | 20x | as long as short |
Deribit FIL_USDC-PERPETUAL
Coinbase International FIL-PERP-INTX
gTrade (Gains Network) FIL/USD
dYdX FIL-USD
OKX FIL-USDT-SWAP
Injective FIL/USDC PERP
Lighter FIL
Hyperliquid FIL
Aster FILUSDTShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance FILUSDT | +0.0100% | 8h | 0.9938 | +0.049% | $56.4M | $186.1M | 75x | as long as short |
| Bybit FILUSDT | +0.0100% | 8h | 0.9939 | +0.056% | $15.8M | $20.6M | 25x | as long as short |
| Gate FIL_USDT | +0.0100% | 8h | 0.9940 | +0.066% | $8.4M | $16.7M | 50x | as long as short |
| MEXC FIL_USDC | +0.0100% | 8h | 0.9939 | +0.056% | $234K | $103K | 50x | as long as short |
| Bitget FILUSDT | +0.0100% | 8h | 0.9941 | +0.076% | $11.2M | $20.6M | 75x | as long as short |
| BingX FIL-USDT | +0.0100% | 8h | 0.9941 | +0.076% | — | $11.9M | — | as long as short |
| Variational Omni FIL | +0.0100% | 8h | 0.9926 | −0.077% | $449K | $265K | — | as long as short |
| edgeX FILUSDC | +0.0100% | 4h | 0.9904 | −0.301% | $45K | $296K | 10x | as long as short |
| GRVT FIL_USDT_Perp | +0.0100% | 8h | 0.9905 | −0.282% | $290K | $1.1M | 10x | as long as short |
| ApeX Omni FILUSDT | +0.0100% | 1h | 0.9910 | −0.236% | $30K | $182K | 50x | as long as short |
| Orderly PERP_FIL_USDC_mythos | +0.0100% | 4h | 0.9941 | +0.073% | $4K | $798 | 10x | as long as short |
| SunX FIL-USDT | +0.0100% | 8h | 0.9920 | −0.135% | $3K | $1.1M | 20x | as long as short |
| SoDEX FIL-USD | +0.0100% | 1h | 0.9937 | +0.036% | $482 | $11K | 5x | as long as short |
| HTX FIL-USDT | +0.0100% | 8h | 0.9924 | −0.095% | $617K | $5.9M | 75x | as long as short |
| Phemex FILUSDT | +0.0100% | 8h | 0.9930 | −0.035% | $1.2M | $2.6M | 50x | as long as short |
| Extended FIL-USD | +0.0104% | 1h | 0.9936 | +0.030% | $696K | $1.4M | 10x | as long as short |
| BloFin FIL-USDT | +0.0220% | 8h | 0.9927 | −0.065% | $2.7M | $704K | 75x | as long as short |
| Kraken Futures PF_FILUSD | +0.0250% | 1h | 0.9944 | +0.105% | $1.4M | $2.2M | 50x | as long as short |
| GMX FIL/USD [WBTC.b-USDC]long | L +0.0591% / S −0.0266% | 1h | 0.9933 | long leg | $265K | — | 100x |
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
SoDEX FIL-USD
HTX FIL-USDT
Phemex FILUSDT
Extended FIL-USD
BloFin FIL-USDT
Kraken Futures PF_FILUSD