Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Gate against Binance+0.105%7-day average −0.189% · you sell dearer than you buy
Net, funding: paid 7d − costs−$706as in the Funding arb table
Net, price: spread back to 7d avg − costs−$679as in the Price arb table
costs, in and out, $10k−$7087.083% of the position
Funding, last 7 days+0.020%+$2 on $10k
+Price spread, last 4 days (all we have)−0.331%−$33 · spread now +0.105%, 7d avg −0.189%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.294% dearer against Binance than usual: you sell high and buy low, +$29 on $10k if it goes back to its 7-day average of −0.189%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance GMXUSDT | 7.9816 | 0.0100 | pay 0.0100% / 8h | 2h 40m | $2.3M | $1.9M | 50x |
| Short | Gate GMX_USDT | 7.9900 | 0.0100 | get 0.0100% / 8h | 2h 40m | $195K | $68K | 33x |
Binance GMXUSDT
Gate GMX_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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: +0.105% → −0.189%
- $29.41
- Slippage, 4 orders
- −$683.33
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$678.93
- Costs to cover
- 7.083%
- Break-even
- never at this rate
Slippage from Binance: live order book, 9 min ago; Gate: live order book, 1 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, 9 min ago | 3.11 bp | 23.6 bp −$24 | 104.5 bp −$1,045 | doesn't fit | doesn't fit |
| Sell Gate live order book, 1 min ago | 4.39 bp | 338.9 bp −$339 | doesn't fit | doesn't fit | doesn't fit |
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 | 7.5400 | −5.533% | $4K | $4K | 5.5x | as long as short |
| Kraken Futures PF_GMXUSD | +0.0044% | 1h | 7.9935 | +0.149% | $33K | $463 | 10x | as long as short |
| Binance GMXUSDTlong | +0.0100% | 8h | 7.9816 | long leg | $2.3M | $1.9M | 50x | |
| Bybit GMXUSDT | +0.0100% | 8h | 7.9790 | −0.033% | $820K | $248K | 20x | as long as short |
| OKX GMX-USDT-SWAP | +0.0100% | 8h | 7.9740 | −0.095% | $292K | $487K | 20x | as long as short |
| Gate GMX_USDTshort | +0.0100% | 8h | 7.9900 | +0.105% | $195K | $68K | 33x | |
| MEXC GMX_USDT | +0.0100% | 8h | 7.9750 | −0.083% | $374K | $177K | 125x | as long as short |
| KuCoin GMXUSDTM | +0.0100% | 8h | 7.9600 | −0.271% | $160K | $56K | 30x | as long as short |
| Bitget GMXUSDT | +0.0100% | 8h | 7.9750 | −0.083% | $413K | $208K | 50x | as long as short |
| BingX GMX-USDT | +0.0100% | 8h | 7.9820 | +0.005% | — | $2.3M | — | as long as short |
Injective GMX/USDC PERP
Kraken Futures PF_GMXUSD
Bybit GMXUSDT
OKX GMX-USDT-SWAP
MEXC GMX_USDT
KuCoin GMXUSDTM
Bitget GMXUSDT
BingX GMX-USDTShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni GMX | +0.0100% | 8h | 7.9933 | +0.146% | $21K | $54K | — | as long as short |
| BloFin GMX-USDT | +0.0102% | 8h | 8.0060 | +0.306% | $108K | $25K | 50x | as long as short |
| Lighter GMX | +0.0288% | 1h | 8.0008 | +0.240% | $76K | $89K | 5x | as long as short |
| GMX GMX/USD [GMX-USDC] | L +0.0417% / S −0.0142% | 1h | 7.9727 | −0.112% | $391K | — | 100x | as long as short |
| Hyperliquid GMX | +0.0419% | 1h | 7.9898 | +0.103% | $887K | $151K | 3x | as long as short |
Variational Omni GMX
BloFin GMX-USDT
Lighter GMX
GMX GMX/USD [GMX-USDC]
Hyperliquid GMX