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: Binance against BingX+0.149%7-day average +0.041% · you sell dearer than you buy
Net, funding: paid 7d − costs−$117as in the Funding arb table
Net, price: spread back to 7d avg − costs−$105as in the Price arb table
costs, in and out, $10k−$1161.155% of the position
Funding, last 7 days−0.020%−$2 on $10k
+Price spread, last 7 days−0.126%−$13 · spread now +0.149%, 7d avg +0.041%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.107% dearer against BingX than usual: you sell high and buy low, +$11 on $10k if it goes back to its 7-day average of +0.041%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX GMX-USDT | 8.0670 | 0.0100 | pay 0.0100% / 8h | 4h 30m | — | $2.3M | — |
| Short | Binance GMXUSDT | 8.0790 | 0.0100 | get 0.0100% / 8h | 4h 30m | $2.3M | $1.9M | 50x |
BingX GMX-USDT
Binance GMXUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against BingX. 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: +0.149% → +0.041%
- $10.74
- Slippage, 4 orders
- −$95.54
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$104.8
- Costs to cover
- 1.155%
- Break-even
- never at this rate
Slippage from BingX: live order book, 2 min ago; Binance: live order book, 4 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 BingX live order book, 2 min ago | 5.58 bp | 27.2 bp −$27 | 64.0 bp −$640 | 397.4 bp −$39.7K | 448.2 bp −$224.1K |
| Sell Binance live order book, 4 min ago | 3.11 bp | 31.3 bp −$31 | 116.0 bp −$1,160 | 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 | 7.5600 | −6.285% | $4K | $4K | 5.5x | as long as short |
| BloFin GMX-USDT | +0.0080% | 8h | 8.0680 | +0.012% | $109K | $26K | 50x | as long as short |
| Binance GMXUSDTshort | +0.0100% | 8h | 8.0790 | +0.149% | $2.3M | $1.9M | 50x | |
| Bybit GMXUSDT | +0.0100% | 8h | 8.0740 | +0.087% | $832K | $246K | 20x | as long as short |
| OKX GMX-USDT-SWAP | +0.0100% | 8h | 8.0700 | +0.037% | $297K | $497K | 20x | as long as short |
| Gate GMX_USDT | +0.0100% | 8h | 8.0500 | −0.211% | $198K | $73K | 33x | as long as short |
| MEXC GMX_USDT | +0.0100% | 8h | 8.0810 | +0.174% | $379K | $177K | 125x | as long as short |
| KuCoin GMXUSDTM | +0.0100% | 8h | 8.0380 | −0.359% | $160K | $54K | 30x | as long as short |
| Bitget GMXUSDT | +0.0100% | 8h | 8.0750 | +0.099% | $419K | $207K | 50x | as long as short |
| BingX GMX-USDTlong | +0.0100% | 8h | 8.0670 | long leg | — | $2.3M | — |
Injective GMX/USDC PERP
BloFin GMX-USDT
Bybit GMXUSDT
OKX GMX-USDT-SWAP
Gate GMX_USDT
MEXC GMX_USDT
KuCoin GMXUSDTM
Bitget GMXUSDTShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni GMX | +0.0100% | 8h | 8.0656 | −0.017% | $21K | $54K | — | as long as short |
| Kraken Futures PF_GMXUSD | +0.0194% | 1h | 8.0719 | +0.061% | $33K | $463 | 10x | as long as short |
| Lighter GMX | +0.0280% | 1h | 8.0918 | +0.307% | $77K | $90K | 5x | as long as short |
| Hyperliquid GMX | +0.0386% | 1h | 8.0878 | +0.258% | $898K | $149K | 3x | as long as short |
| GMX GMX/USD [GMX-USDC] | L +0.0417% / S −0.0142% | 1h | 8.0686 | +0.020% | $396K | — | 100x | as long as short |
Variational Omni GMX
Kraken Futures PF_GMXUSD
Lighter GMX
Hyperliquid GMX
GMX GMX/USD [GMX-USDC]