Funding you earn now, next payment 10:00 UTC+0.0166%/8h= +18.2% APRnext payment +$0.21 per $10,000 · paid last 24h +0.242%
Price spread now: GMX against Kraken Futures−0.016%7-day average −0.014% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)+1.312%+$131 on $10k
+Price spread, last 4 days (all we have)−0.012%−$1 · spread now −0.016%, 7d avg −0.014%
=The price spread sits at its 7-day average of −0.014%, so right now this pair is about funding alone: +$5 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_FILUSD | 0.9827 | 0.0114 | pay 0.0014% / 1h | 19m 11s | $1.3M | $2.1M | 50x |
| Short | GMX FIL/USD [WBTC.b-USDC] | 0.9825 | L +0.0595% / S −0.0280% | get 0.0035% / 1h | 19m 11s | $263K | — | 100x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX against Kraken Futures. 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
- $34.91
- Price spread: −0.016% → −0.014%
- −$0.23
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- $12.67
- Costs to cover
- 0.220%
- Break-even
- 4.5 days
Slippage unknown: Kraken Futures: live order book, 2 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 Kraken Futures live order book, 2 min ago | 7.12 bp | 18.1 bp −$18 | 31.7 bp −$317 | 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 exchanges
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 | −0.0157% | 1h | 0.9828 | +0.014% | $168K | $5K | 25x | as long as short |
| Coinbase International FIL-PERP-INTX | −0.0032% | 1h | 0.9830 | +0.034% | $364K | $2.3M | 50x | as long as short |
| gTrade (Gains Network) FIL/USD | L −0.0004% / S +0.0006% | 1h | 0.9823 | −0.035% | $25K | — | 150x | as long as short |
| dYdX FIL-USD | 0.0000% | 1h | 0.9824 | −0.026% | $57K | $925 | 10x | as long as short |
| Injective FIL/USDC PERP | +0.0033% | 1h | 0.9855 | +0.288% | $2K | $240K | 12x | as long as short |
| Bybit FILUSDT | +0.0062% | 8h | 0.9822 | −0.047% | $15.2M | $19.3M | 25x | as long as short |
| Lighter FIL | +0.0096% | 1h | 0.9820 | −0.071% | $144K | $280K | 5x | as long as short |
| Hyperliquid FIL | +0.0100% | 1h | 0.9830 | +0.033% | $7.9M | $9.5M | 5x | as long as short |
| Aster FILUSDT | +0.0100% | 8h | 0.9827 | +0.006% | $501K | $438K | 20x | as long as short |
| Binance FILUSDT | +0.0100% | 8h | 0.9823 | −0.037% | $57.1M | $173.8M | 75x | as long as short |
Show all 29 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX FIL-USDT-SWAP | +0.0100% | 8h | 0.9822 | −0.047% | $17.3M | $101.1M | 50x | as long as short |
| Gate FIL_USDT | +0.0100% | 8h | 0.9824 | −0.027% | $8.2M | $15.4M | 50x | as long as short |
| MEXC FIL_USDC | +0.0100% | 8h | 0.9819 | −0.078% | $227K | $95K | 50x | as long as short |
| KuCoin FILUSDTM | +0.0100% | 8h | 0.9822 | −0.047% | $7.1M | $7.7M | 50x | as long as short |
| Bitget FILUSDT | +0.0100% | 8h | 0.9823 | −0.037% | $11.7M | $19.2M | 75x | as long as short |
| BingX FIL-USDC | +0.0100% | 8h | 0.9822 | −0.047% | — | $6.5M | — | as long as short |
| Variational Omni FIL | +0.0100% | 8h | 0.9819 | −0.073% | $435K | $277K | — | as long as short |
| edgeX FILUSDC | +0.0100% | 4h | 0.9827 | +0.001% | $45K | $296K | 10x | as long as short |
| GRVT FIL_USDT_Perp | +0.0100% | 8h | 0.9823 | −0.039% | $296K | $1.7M | 10x | as long as short |
| ApeX Omni FILUSDT | +0.0100% | 1h | 0.9820 | −0.068% | $23K | $180K | 50x | as long as short |
| Orderly PERP_FIL_USDC_mythos | +0.0100% | 4h | 0.9836 | +0.091% | $4K | $798 | 10x | as long as short |
| SunX FIL-USDT | +0.0100% | 8h | 0.9820 | −0.068% | $3K | $1.1M | 20x | as long as short |
| SoDEX FIL-USD | +0.0100% | 1h | 0.9822 | −0.047% | $476 | $11K | 5x | as long as short |
| HTX FIL-USDT | +0.0100% | 8h | 0.9833 | +0.064% | $626K | $5.2M | 75x | as long as short |
| Phemex FILUSDT | +0.0100% | 8h | 0.9820 | −0.068% | $1.3M | $2.5M | 50x | as long as short |
| Extended FIL-USD | +0.0104% | 1h | 0.9819 | −0.077% | $696K | $4.2M | 10x | as long as short |
| Kraken Futures PF_FILUSDlong | +0.0114% | 1h | 0.9827 | long leg | $1.3M | $2.1M | 50x | |
| BloFin FIL-USDT | +0.0220% | 8h | 0.9826 | −0.007% | $2.7M | $614K | 75x | as long as short |
| GMX FIL/USD [WBTC.b-USDC]short | L +0.0595% / S −0.0280% | 1h | 0.9825 | −0.016% | $263K | — | 100x |
Kraken Futures PF_FILUSD
GMX FIL/USD [WBTC.b-USDC]
Deribit FIL_USDC-PERPETUAL
Coinbase International FIL-PERP-INTX
gTrade (Gains Network) FIL/USD
Injective FIL/USDC PERP
Bybit FILUSDT
Lighter FIL
Hyperliquid FIL
Aster FILUSDT
Binance FILUSDT
OKX FIL-USDT-SWAP
Gate FIL_USDT
MEXC FIL_USDC
KuCoin FILUSDTM
Bitget FILUSDT
BingX FIL-USDC
Variational Omni FIL
edgeX FILUSDC
GRVT FIL_USDT_Perp
ApeX Omni FILUSDT
SunX FIL-USDT
SoDEX FIL-USD
HTX FIL-USDT
Phemex FILUSDT
Extended FIL-USD
BloFin FIL-USDT