Funding you earn now, next payment 01:00 UTC+0.0108%/8h= +11.8% APRpaid last 24h +0.045%
Price spread now: Lighter against Binance+0.411%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.101%+$10 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Lighter is 0.411% dearer against Binance than usual: you sell high and buy low: +$41 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance GMXUSDT | 8.1520 | 0.0100 | pay 0.0100% / 8h | 7h 40m | $2.3M | $2.0M | 50x |
| Short | Lighter GMX | 8.1855 | 0.0208 | get 0.0026% / 1h | 40m 35s | $78K | $93K | 5x |
Binance GMXUSDT
Lighter GMXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter 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
- $22.68
- Price spread: +0.411% → 0.000%
- $41.09
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $53.77
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: Binance: live order book, 9 min ago; Lighter: 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 Binance live order book, 9 min ago | 1.84 bp | 21.1 bp −$21 | 110.0 bp −$1,100 | doesn't fit | doesn't fit |
| Sell Lighter no order-book sample | — | — | — | — | — |
Lighter: 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.
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 | 7.6700 | −5.913% | $4K | $5K | 5.5x | as long as short |
| Kraken Futures PF_GMXUSD | −0.0607% | 1h | 8.1492 | −0.034% | $33K | $600 | 10x | as long as short |
| BloFin GMX-USDT | +0.0092% | 8h | 8.1500 | −0.025% | $110K | $31K | 50x | as long as short |
| Hyperliquid GMX | +0.0100% | 1h | 8.1637 | +0.144% | $933K | $167K | 3x | as long as short |
| Binance GMXUSDTlong | +0.0100% | 8h | 8.1520 | long leg | $2.3M | $2.0M | 50x | |
| Bybit GMXUSDT | +0.0100% | 8h | 8.1500 | −0.025% | $850K | $266K | 20x | as long as short |
| OKX GMX-USDT-SWAP | +0.0100% | 8h | 8.1340 | −0.221% | $298K | $549K | 20x | as long as short |
| Gate GMX_USDT | +0.0100% | 8h | 8.1340 | −0.221% | $205K | $77K | 33x | as long as short |
| MEXC GMX_USDT | +0.0100% | 8h | 8.1540 | +0.025% | $404K | $174K | 125x | as long as short |
| KuCoin GMXUSDTM | +0.0100% | 8h | 8.1390 | −0.159% | $184K | $36K | 30x | as long as short |
Injective GMX/USDC PERP
Kraken Futures PF_GMXUSD
BloFin GMX-USDT
Hyperliquid GMX
Bybit GMXUSDT
OKX GMX-USDT-SWAP
Gate GMX_USDT
MEXC GMX_USDT
KuCoin GMXUSDTMShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget GMXUSDT | +0.0100% | 8h | 8.1390 | −0.159% | $408K | $202K | 50x | as long as short |
| BingX GMX-USDT | +0.0100% | 8h | 8.1460 | −0.074% | — | $2.3M | — | as long as short |
| Variational Omni GMX | +0.0100% | 8h | 8.1412 | −0.132% | $21K | $54K | — | as long as short |
| Lighter GMXshort | +0.0208% | 1h | 8.1855 | +0.411% | $78K | $93K | 5x | |
| GMX GMX/USD [GMX-USDC] | L +0.0416% / S −0.0141% | 1h | 8.1515 | −0.006% | $399K | — | 100x | as long as short |
Bitget GMXUSDT
BingX GMX-USDT
Variational Omni GMX
GMX GMX/USD [GMX-USDC]