Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 8.3360 | +0.0100 | pay 0.0100% / 8h | 6h 04m | $3.5M | $3.9M | 50x | Long Binance | |
| SHORT | 8.3256 | L +0.0366S −0.0134 | get 0.0017% / 1h | 4m 47s | $240K | $4K | 50x | Short GMX5% off |
Price gap−0.125%
Funding gap+0.0034% /8h
Funding pays +$1 a day on $10k, but the gap is 0.025% under its 7d average: −$2 if it goes back, about 2.4 days of funding. At the last 7 days' pace that is about 24 hours.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$18+0.0034% /8h now · paid +0.176% over the last 7D
Price−$2spread −0.125% now, avg −0.100% → −0.025% if it goes back
Costsno datano order book for GMX
Result, before costs+$15+0.15%no pointscosts unknown: no order book for GMX ·
Price and funding
1h · historyPrice spread
Prices
Fundingper 8h
PRICE SPREAD · 7D
Now−0.125%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hGMX on 14 exchanges
lowest funding firstBefore you open
0 ok · 4 to watch- Note: Order book unknown—No order-book sample for GMX: its slippage is not counted.
- Note: Margin at max leverage$200 + $200Binance 50x, GMX 50x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ8h / 1hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: +$1.02Long Binance: 3 payments, −$3.00; short GMX: 24 payments, +$4.02.
- Watch: Gap narrower than usual−0.125% vs −0.100%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Short leg is thinner$240K vs $3.5M OIGMX sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCBinance Yes · GMX NoVerified KYC to deposit or trade; futures accounts under 30 days old are capped at 20x.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0084%/8h × 21 periods+$17.64
Price spread−0.125% → −0.100% (7d avg)−$2.48
Slippage, 4 ordersno data for GMX—
Fee Binance bp × 2 orders−$10.00
Fee GMX bp × 2 orders−$12.00
Net, fees only · 7 days · $10k−$6.84
Costs to cover0.220%Break-even9.7 days
Slippage: Binance: live order book, 5 min ago; GMX: no order-book sampleCost to enter
taker + slippage from mid, one sideBUY · LONGBinance1.2120.3 bp−$20114.1 bp−$1,141doesn’t fitdoesn’t fit
SELL · SHORTGMX—————
Closing costs about the same again.
GMX: no data.
GMX news
posts that mention GMX, from every exchange| 11-06 00:13 | GMX | Other | One month in, the GMX Dollar Vault backs 7 markets: BTC, ETH, NEAR, ZEC, HYPE, XRP and SOL. One $USDG deposit, spread across all of them, earning from the volume, withdrawable any time. Full launch boost runs until 30 Nov. Here's how it works: @GMX_IO on X ↗ |
| 10-29 16:51 | GMX | Other | GMX is the liquidity layer for platforms that build on top of it: permissionless, composable, and peer-to-pool. Welcome to the ecosystem, Foxify. @GMX_IO on X ↗ |
| 10-29 11:11 | GMX | Other | Looking forward to working with @falconfinance as part of GMX’s treasury management strategy. @GMX_IO on X ↗ |
| 10-27 16:42 | GMX | Other | GMX staking on Arbitrum and Avalanche moves to a new contract on 28 October: 🔹Unstaking will now require a request. Tokens can then be withdrawn 180 days later. 🔹Staked GMX and esGMX stay in place. No action needed. 🔹The 80% Staking Power threshold applies when the request is submitted. 1/2 @GMX_IO on X ↗ |
| 10-20 10:20 | GMX | Other | The SDK, REST API, and subgraph are available at Rob (@__BoTu) is also at Open House in Singapore this week; connect with him there to go deeper on integrating GMX: 2/2 @GMX_IO on X ↗ |
| 10-20 10:20 | GMX | Other | Builders at Founder House don't have to bootstrap their own liquidity. 50,000+ users already contribute over 200 million in liquidity to GMX's composable pools, and anyone can easily build on them. Route trades to GMX's markets, and earn a sizable share of the fees they generate ⬇️ 1/2 @GMX_IO on X ↗ |