Funding you earn now, next payment 03:00 UTC+0.0253%/8h= +27.8% APRpaid last 24h +0.343%
Price spread now: GMX against KuCoin+0.181%7-day average +0.027% · 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)+1.295%+$129 on $10k
+Price spread, last 4 days (all we have)−0.214%−$21 · spread now +0.181%, 7d avg +0.027%
=Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and GMX is 0.154% dearer against KuCoin than usual: you sell high and buy low: +$15 more if the spread goes back to its 7-day average of +0.027%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin FILUSDTM | 1.0063 | −0.0016 | get 0.0016% / 8h | 5h 12m | $7.5M | $7.2M | 50x |
| Short | GMX FIL/USD [WBTC.b-USDC] | 1.0081 | L +0.0578% / S −0.0237% | get 0.0030% / 1h | 12m 27s | $270K | — | 100x |
KuCoin FILUSDTM
GMX FIL/USD [WBTC.b-USDC]Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX against KuCoin. 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
- $53.23
- Price spread: +0.181% → +0.027%
- $15.38
- Slippage, 4 orders
- no order book: not counted
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- $44.6
- Costs to cover
- 0.240%
- Break-even
- 1.1 days
Slippage unknown: KuCoin: live order book, 6 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 KuCoin live order book, 6 min ago | 1.98 bp | 17.1 bp −$17 | 42.9 bp −$429 | 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 | −0.0444% | 1h | 1.0086 | +0.229% | $174K | $23K | 25x | as long as short |
| Coinbase International FIL-PERP-INTX | −0.0256% | 1h | 1.0098 | +0.348% | $377K | $2.2M | 50x | as long as short |
| Kraken Futures PF_FILUSD | −0.0126% | 1h | 1.0083 | +0.200% | $1.4M | $2.3M | 50x | as long as short |
| OKX FIL-USDT-SWAP | −0.0064% | 8h | 1.0052 | −0.109% | $19.0M | $102.0M | 50x | as long as short |
| KuCoin FILUSDTMlong | −0.0016% | 8h | 1.0063 | long leg | $7.5M | $7.2M | 50x | |
| gTrade (Gains Network) FIL/USD | L −0.0003% / S +0.0006% | 1h | 1.0080 | +0.173% | $27K | — | 150x | as long as short |
| dYdX FIL-USD | 0.0000% | 1h | 1.0069 | +0.056% | $59K | $2K | 10x | as long as short |
| Injective FIL/USDC PERP | +0.0033% | 1h | 0.9855 | −2.067% | $2K | $240K | 12x | as long as short |
| Extended FIL-USD | +0.0072% | 1h | 1.0058 | −0.052% | $712K | $3.3M | 10x | as long as short |
| Binance FILUSDT | +0.0076% | 8h | 1.0054 | −0.093% | $58.6M | $179.6M | 75x | as long as short |
Deribit FIL_USDC-PERPETUAL
Coinbase International FIL-PERP-INTX
Kraken Futures PF_FILUSD
OKX FIL-USDT-SWAP
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 | +0.0091% | 8h | 1.0059 | −0.040% | $244K | $104K | 50x | as long as short |
| Lighter FIL | +0.0096% | 1h | 1.0064 | +0.014% | $159K | $353K | 5x | as long as short |
| Hyperliquid FIL | +0.0100% | 1h | 1.0056 | −0.070% | $8.7M | $9.5M | 5x | as long as short |
| Aster FILUSDT | +0.0100% | 8h | 1.0071 | +0.075% | $511K | $586K | 20x | as long as short |
| Bybit FILUSDT | +0.0100% | 8h | 1.0052 | −0.109% | $15.9M | $19.6M | 25x | as long as short |
| Gate FIL_USDT | +0.0100% | 8h | 1.0064 | +0.010% | $8.6M | $16.6M | 50x | as long as short |
| Bitget FILUSDT | +0.0100% | 8h | 1.0052 | −0.109% | $11.3M | $20.2M | 75x | as long as short |
| BingX FIL-USDC | +0.0100% | 8h | 1.0061 | −0.020% | — | $6.5M | — | as long as short |
| Variational Omni FIL | +0.0100% | 8h | 1.0088 | +0.244% | $454K | $265K | — | as long as short |
| edgeX FILUSDC | +0.0100% | 4h | 1.0094 | +0.312% | $46K | $296K | 10x | as long as short |
| GRVT FIL_USDT_Perp | +0.0100% | 8h | 1.0101 | +0.375% | $300K | $905K | 10x | as long as short |
| ApeX Omni FILUSDT | +0.0100% | 1h | 1.0100 | +0.368% | $30K | $182K | 50x | as long as short |
| Orderly PERP_FIL_USDC_mythos | +0.0100% | 4h | 1.0084 | +0.210% | $4K | $798 | 10x | as long as short |
| SunX FIL-USDT | +0.0100% | 8h | 1.0070 | +0.070% | $3K | $1.1M | 20x | as long as short |
| SoDEX FIL-USD | +0.0100% | 1h | 1.0075 | +0.119% | $487 | $11K | 5x | as long as short |
| HTX FIL-USDT | +0.0100% | 8h | 1.0079 | +0.159% | $635K | $5.8M | 75x | as long as short |
| Phemex FILUSDT | +0.0100% | 8h | 1.0070 | +0.070% | $1.1M | $2.5M | 50x | as long as short |
| BloFin FIL-USDT | +0.0195% | 8h | 1.0107 | +0.437% | $2.8M | $652K | 75x | as long as short |
| GMX FIL/USD [WBTC.b-USDC]short | L +0.0578% / S −0.0237% | 1h | 1.0081 | +0.181% | $270K | — | 100x |
MEXC FIL_USDC
Lighter FIL
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
Phemex FILUSDT
BloFin FIL-USDT