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: KuCoin against Binance−0.238%7-day average −0.104% · you buy dearer than you sell
Net, funding: paid 7d − costs−$558as in the Funding arb table
Net, price: spread back to 7d avg − costs−$571as in the Price arb table
costs, in and out, $10k−$5585.578% of the position
Funding, last 7 days−0.005%−$1 on $10k
+Price spread, last 4 days (all we have)+0.077%+$8 · spread now −0.238%, 7d avg −0.104%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.134% cheaper against Binance than usual: you would sell low and buy high, −$13 on $10k if it goes back to its 7-day average of −0.104%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance GMXUSDT | 7.9990 | 0.0100 | pay 0.0100% / 8h | 23m 13s | $2.3M | $1.7M | 50x |
| Short | KuCoin GMXUSDTM | 7.9800 | 0.0100 | get 0.0100% / 8h | 23m 13s | $160K | $57K | 30x |
Binance GMXUSDT
KuCoin GMXUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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: −0.238% → −0.104%
- −$13.37
- Slippage, 4 orders
- −$535.78
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$571.15
- Costs to cover
- 5.578%
- Break-even
- never at this rate
Slippage from Binance: live order book, 11 min ago; KuCoin: live order book, 7 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, 11 min ago | 3.12 bp | 29.5 bp −$30 | 99.5 bp −$995 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 7 min ago | 43.42 bp | 219.3 bp −$219 | 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 | 7.5300 | −5.863% | $4K | $3K | 5.5x | as long as short |
| BloFin GMX-USDT | +0.0078% | 8h | 7.9840 | −0.188% | $107K | $26K | 50x | as long as short |
| Binance GMXUSDTlong | +0.0100% | 8h | 7.9990 | long leg | $2.3M | $1.7M | 50x | |
| Bybit GMXUSDT | +0.0100% | 8h | 7.9920 | −0.088% | $816K | $237K | 20x | as long as short |
| OKX GMX-USDT-SWAP | +0.0100% | 8h | 7.9900 | −0.113% | $289K | $379K | 20x | as long as short |
| Gate GMX_USDT | +0.0100% | 8h | 7.9790 | −0.250% | $194K | $66K | 33x | as long as short |
| MEXC GMX_USDT | +0.0100% | 8h | 7.9890 | −0.125% | $373K | $169K | 125x | as long as short |
| KuCoin GMXUSDTMshort | +0.0100% | 8h | 7.9800 | −0.238% | $160K | $57K | 30x | |
| Bitget GMXUSDT | +0.0100% | 8h | 7.9890 | −0.125% | $411K | $186K | 50x | as long as short |
| BingX GMX-USDT | +0.0100% | 8h | 7.9900 | −0.113% | — | $2.3M | — | as long as short |
Injective GMX/USDC PERP
BloFin GMX-USDT
Bybit GMXUSDT
OKX GMX-USDT-SWAP
Gate GMX_USDT
MEXC GMX_USDT
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 | 7.9860 | −0.162% | $21K | $53K | — | as long as short |
| Lighter GMX | +0.0168% | 1h | 8.0050 | +0.075% | $76K | $89K | 5x | as long as short |
| Hyperliquid GMX | +0.0347% | 1h | 8.0053 | +0.079% | $887K | $135K | 3x | as long as short |
| Kraken Futures PF_GMXUSD | +0.0425% | 1h | 7.9881 | −0.136% | $33K | $463 | 10x | as long as short |
| GMX GMX/USD [GMX-USDC] | L +0.0455% / S −0.0142% | 1h | 7.9881 | −0.137% | $392K | — | 100x | as long as short |
Variational Omni GMX
Lighter GMX
Hyperliquid GMX
Kraken Futures PF_GMXUSD
GMX GMX/USD [GMX-USDC]