Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: BingX against Binance−0.037%7-day average −0.042% · you buy dearer than you sell
Net, funding: paid 7d − costs−$115as in the Funding arb table
Net, price: spread back to 7d avg − costs−$117as in the Price arb table
costs, in and out, $10k−$1171.174% of the position
Funding, last 7 days+0.020%+$2 on $10k
+Price spread, last 7 days−0.010%−$1 · spread now −0.037%, 7d avg −0.042%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance GMXUSDT | 8.0890 | 0.0100 | pay 0.0100% / 8h | 29m 35s | $2.3M | $2.0M | 50x |
| Short | BingX GMX-USDT | 8.0860 | 0.0100 | get 0.0100% / 8h | 29m 35s | — | $2.3M | — |
Binance GMXUSDT
BingX GMX-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Binance. 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
- $0
- Price spread: −0.037% → −0.042%
- $0.49
- Slippage, 4 orders
- −$97.41
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$116.92
- Costs to cover
- 1.174%
- Break-even
- never at this rate
Slippage from Binance: live order book, 5 min ago; BingX: live order book, 4 min ago.
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 Binance live order book, 5 min ago | 1.85 bp | 29.6 bp −$30 | 98.5 bp −$985 | doesn't fit | doesn't fit |
| Sell BingX live order book, 4 min ago | 6.18 bp | 29.7 bp −$30 | 74.5 bp −$745 | 460.7 bp −$46.1K | 523.6 bp −$261.8K |
GMX on 15 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective GMX/USDC PERP | −0.5000% | 1h | 7.6300 | −5.674% | $4K | $5K | 5.5x | as long as short |
| Kraken Futures PF_GMXUSD | −0.1107% | 1h | 8.0945 | +0.068% | $33K | $581 | 10x | as long as short |
| BloFin GMX-USDT | +0.0073% | 8h | 8.0980 | +0.111% | $110K | $31K | 50x | as long as short |
| Lighter GMX | +0.0096% | 1h | 8.1058 | +0.208% | $77K | $93K | 5x | as long as short |
| Hyperliquid GMX | +0.0100% | 1h | 8.0999 | +0.135% | $926K | $170K | 3x | as long as short |
| Binance GMXUSDTlong | +0.0100% | 8h | 8.0890 | long leg | $2.3M | $2.0M | 50x | |
| Bybit GMXUSDT | +0.0100% | 8h | 8.0860 | −0.037% | $842K | $268K | 20x | as long as short |
| OKX GMX-USDT-SWAP | +0.0100% | 8h | 8.0920 | +0.037% | $295K | $547K | 20x | as long as short |
| Gate GMX_USDT | +0.0100% | 8h | 8.0870 | −0.025% | $201K | $79K | 33x | as long as short |
| MEXC GMX_USDT | +0.0100% | 8h | 8.0870 | −0.025% | $405K | $173K | 125x | as long as short |
Injective GMX/USDC PERP
Kraken Futures PF_GMXUSD
BloFin GMX-USDT
Lighter GMX
Hyperliquid GMX
Bybit GMXUSDT
OKX GMX-USDT-SWAP
Gate GMX_USDT
MEXC GMX_USDTShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin GMXUSDTM | +0.0100% | 8h | 8.1060 | +0.210% | $184K | $39K | 30x | as long as short |
| Bitget GMXUSDT | +0.0100% | 8h | 8.0810 | −0.099% | $405K | $203K | 50x | as long as short |
| BingX GMX-USDTshort | +0.0100% | 8h | 8.0860 | −0.037% | — | $2.3M | — | |
| Variational Omni GMX | +0.0100% | 8h | 8.0841 | −0.061% | $21K | $55K | — | as long as short |
| GMX GMX/USD [GMX-USDC] | L +0.0416% / S −0.0141% | 1h | 8.0932 | +0.052% | $397K | — | 100x | as long as short |
KuCoin GMXUSDTM
Bitget GMXUSDT
Variational Omni GMX
GMX GMX/USD [GMX-USDC]