Settings8H · net · $10k
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LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG8.3350spotno funding——$611K1xBuy Binance Spot
SHORT8.3360+0.0100get 0.0100% / 8h6h 04m$3.5M$3.9M50xShort Binance
Price gap+0.012%
Funding gap+0.0100% /8h

Both sides work: funding pays +$3 a day on $10k, and the gap is 0.053% above its 7d average: +$5 more if it goes back.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding+$15+0.0100% /8h now · paid +0.150% over the last 7D
Price+$5spread +0.012% now, avg −0.041% → +0.053% if it goes back
Costs−$1431.434% of $10k · taker + slippage, in and out
Result−$123−1.23%no points

Price and funding

1h · history
PRICE SPREAD · 7D
Now+0.012%
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

/8h

GMX on 14 exchanges

lowest funding first

Before you open

2 ok · 2 to watch
  • Watch: Thin at this size44.3 / 27.8 bp
    At $10k entering Binance Spot costs 44.3 bp, fee and slippage, 1.6× Binance’s.
  • Note: Spot in full, margin on the short$10,000 + $200
    The spot leg is bought with the whole $10k; Binance runs at up to 50x. Only the short can be liquidated, when the price rises, while the spot leg's gain is not yet realised: keep about 2× the margin on Binance.
  • OK: Only the short pays funding— / 8h
    The spot leg pays no funding; Binance settles every 8h.
    Next 24h at the current rates, on $10k a leg: +$3.00Long Binance Spot: 0 payments, $0.00; short Binance: 3 payments, +$3.00.
  • OK: Entry gap works for you+0.012% vs −0.041%
    You short the dearer leg. If the gap goes back to average, the short gains.
  • Note: Spot has no open interest$3.5M OI
    Only Binance reports one; the spot book's depth is in the cost check above.
  • Note: No points program—
    Neither exchange runs points right now.
  • Watch: KYCBinance Spot Yes · Binance Yes
    Verified KYC to deposit or trade.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned+0.0071%/8h × 21 periods+$15.01
Price spread+0.012% → −0.041% (7d avg)+$5.28
Slippage, 4 orderslive order books−$113.42
Fee Binance Spot bp × 2 orders−$20.00
Fee Binance bp × 2 orders−$10.00
Net · 7 days · $10k−$123.13
Costs to cover1.434%Break-even64.4 days
Slippage: Binance Spot: live order book, 69 min ago; Binance: live order book, 5 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGBinance Spot11.8244.3 bp−$443115.7 bp−$31.2Kdoesn’t fitdoesn’t fit
SELL · SHORTBinance1.2127.8 bp−$2873.1 bp−$731doesn’t fitdoesn’t fit

Closing costs about the same again.

Alert

GMX news

posts that mention GMX, from every exchange
11-06 00:13GMXOtherOne 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 16:51GMXOtherGMX 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 11:11GMXOtherLooking forward to working with @falconfinance as part of GMX’s treasury management strategy. @GMX_IO on X ↗
10-27 16:42GMXOtherGMX 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 10:20GMXOtherThe 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 10:20GMXOtherBuilders 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 ↗