Funding you earn now, next payment 05:00 UTC+0.0137%/8h= +15.1% APRpaid last 24h +0.335%
Price spread now: GMX against MEXC+0.087%58s7-day average +0.084% · 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)+1.282%+$128 on $10k
+Price spread, last 4 days (all we have)−0.017%−$2 · spread now +0.087%, 7d avg +0.084%
=The price spread sits at its 7-day average of +0.084%, so right now this pair is about funding alone: +$4 a day on $10k at the current rate. The two prices were read 58 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC FIL_USDC | 1.0040 | 0.0100 | pay 0.0100% / 8h | 3h 54m | $243K | $102K | 50x |
| Short | GMX FIL/USD [WBTC.b-USDC] | 1.0049 | L +0.0576% / S −0.0237% | get 0.0030% / 1h | 54m 25s | $268K | — | 100x |
MEXC FIL_USDC
GMX FIL/USD [WBTC.b-USDC]Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX against MEXC. 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
- $28.87
- Price spread: +0.087% → +0.084%
- $0.3
- Slippage, 4 orders
- no order book: not counted
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- $17.16
- Costs to cover
- 0.120%
- Break-even
- 2.8 days
Slippage unknown: MEXC: live order book, 45 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 MEXC live order book, 45 min ago | 1.51 bp | 4.5 bp −$4 | 12.7 bp −$127 | 74.3 bp −$7,432 | 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 | 1.0020 | −0.199% | $367K | $2.1M | 50x | as long as short |
| Deribit FIL_USDC-PERPETUAL | −0.0148% | 1h | 1.0058 | +0.179% | $173K | $23K | 25x | as long as short |
| OKX FIL-USDT-SWAP | −0.0025% | 8h | 1.0042 | +0.020% | $18.6M | $105.9M | 50x | as long as short |
| gTrade (Gains Network) FIL/USD | L −0.0004% / S +0.0006% | 1h | 1.0052 | +0.124% | $26K | — | 150x | as long as short |
| dYdX FIL-USD | 0.0000% | 1h | 1.0045 | +0.055% | $59K | $2K | 10x | as long as short |
| KuCoin FILUSDTM | +0.0012% | 8h | 1.0046 | +0.060% | $7.4M | $7.6M | 50x | as long as short |
| Injective FIL/USDC PERP | +0.0033% | 1h | 0.9855 | −1.843% | $2K | $240K | 12x | as long as short |
| Kraken Futures PF_FILUSD | +0.0066% | 1h | 1.0059 | +0.191% | $1.4M | $2.3M | 50x | as long as short |
| Lighter FIL | +0.0096% | 1h | 1.0045 | +0.045% | $155K | $354K | 5x | as long as short |
| Hyperliquid FIL | +0.0100% | 1h | 1.0048 | +0.080% | $8.5M | $9.4M | 5x | as long as short |
Coinbase International FIL-PERP-INTX
Deribit FIL_USDC-PERPETUAL
OKX FIL-USDT-SWAP
gTrade (Gains Network) FIL/USD
dYdX FIL-USD
KuCoin FILUSDTM
Injective FIL/USDC PERP
Kraken Futures PF_FILUSD
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 | 1.0045 | +0.052% | $515K | $610K | 20x | as long as short |
| Binance FILUSDT | +0.0100% | 8h | 1.0049 | +0.088% | $57.9M | $183.7M | 75x | as long as short |
| Bybit FILUSDT | +0.0100% | 8h | 1.0044 | +0.040% | $15.9M | $20.2M | 25x | as long as short |
| Gate FIL_USDT | +0.0100% | 8h | 1.0047 | +0.070% | $8.5M | $16.6M | 50x | as long as short |
| MEXC FIL_USDClong | +0.0100% | 8h | 1.0040 | long leg | $243K | $102K | 50x | |
| Bitget FILUSDT | +0.0100% | 8h | 1.0043 | +0.030% | $11.2M | $20.3M | 75x | as long as short |
| BingX FIL-USDC | +0.0100% | 8h | 1.0047 | +0.070% | — | $6.5M | — | as long as short |
| Variational Omni FIL | +0.0100% | 8h | 1.0017 | −0.232% | $451K | $264K | — | as long as short |
| edgeX FILUSDC | +0.0100% | 4h | 0.9995 | −0.444% | $45K | $295K | 10x | as long as short |
| GRVT FIL_USDT_Perp | +0.0100% | 8h | 0.9997 | −0.432% | $289K | $1.0M | 10x | as long as short |
| ApeX Omni FILUSDT | +0.0100% | 1h | 1.0000 | −0.398% | $30K | $181K | 50x | as long as short |
| Orderly PERP_FIL_USDC_mythos | +0.0100% | 4h | 1.0058 | +0.180% | $4K | $798 | 10x | as long as short |
| SunX FIL-USDT | +0.0100% | 8h | 1.0040 | 0.000% | $3K | $1.1M | 20x | as long as short |
| SoDEX FIL-USD | +0.0100% | 1h | 1.0050 | +0.100% | $489 | $11K | 5x | as long as short |
| HTX FIL-USDT | +0.0100% | 8h | 1.0060 | +0.199% | $627K | $5.8M | 75x | as long as short |
| Phemex FILUSDT | +0.0100% | 8h | 1.0040 | 0.000% | $1.2M | $2.5M | 50x | as long as short |
| Extended FIL-USD | +0.0104% | 1h | 1.0048 | +0.084% | $707K | $3.3M | 10x | as long as short |
| BloFin FIL-USDT | +0.0220% | 8h | 1.0021 | −0.189% | $2.7M | $668K | 75x | as long as short |
| GMX FIL/USD [WBTC.b-USDC]short | L +0.0576% / S −0.0237% | 1h | 1.0049 | +0.087% | $268K | — | 100x |
Aster FILUSDT
Binance 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
Extended FIL-USD
BloFin FIL-USDT