Settings8H · net · $10k
Funding arb · Price arb /

GMX

all GMX markets
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Alert: funding
Alert: spread
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: Variational Omni against Binance−0.193%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Variational Omni is 0.193% cheaper against Binance than usual: you would sell low and buy high, −$19 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance GMXUSDT8.14800.0100pay 0.0100% / 8h7h 42m$2.3M$2.0M50x
ShortVariational Omni GMX8.13220.0100get 0.0100% / 8h7h 42m$21K$54K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni against Binance. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: −0.193% → 0.000%
−$19.34
Slippage, 4 orders
no order book: not counted
Fee Binance: 5 bp × 2 orders
−$10
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$29.34
Costs to cover
0.100%
Break-even
never at this rate
Slippage unknown: Binance: live order book, 8 min ago; Variational Omni: 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
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 8 min ago1.84 bp21.1 bp −$21110.0 bp −$1,100doesn't fitdoesn't fit
Sell Variational Omni no order-book sample
Variational Omni: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective GMX/USDC PERP−0.5000%1h7.6600−5.989%$4K$5K5.5xas long as short
Kraken Futures PF_GMXUSD−0.0607%1h8.1455−0.031%$33K$60010xas long as short
BloFin GMX-USDT+0.0084%8h8.14800.000%$110K$31K50xas long as short
Hyperliquid GMX+0.0100%1h8.1650+0.209%$933K$167K3xas long as short
Binance GMXUSDTlong+0.0100%8h8.1480long leg$2.3M$2.0M50x
Bybit GMXUSDT+0.0100%8h8.1450−0.037%$849K$266K20xas long as short
OKX GMX-USDT-SWAP+0.0100%8h8.1400−0.098%$298K$549K20xas long as short
Gate GMX_USDT+0.0100%8h8.1250−0.282%$205K$77K33xas long as short
MEXC GMX_USDT+0.0100%8h8.14800.000%$404K$174K125xas long as short
KuCoin GMXUSDTM+0.0100%8h8.1500+0.025%$184K$36K30xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget GMXUSDT+0.0100%8h8.1360−0.147%$408K$202K50xas long as short
BingX GMX-USDT+0.0100%8h8.1440−0.049%$2.3Mas long as short
Variational Omni GMXshort+0.0100%8h8.1322−0.193%$21K$54K
Lighter GMX+0.0208%1h8.1800+0.393%$78K$93K5xas long as short
GMX GMX/USD [GMX-USDC]L +0.0416% / S −0.0141%1h8.1488+0.010%$399K100xas long as short