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: Gate against BingX+0.062%7-day average −0.138% · you sell dearer than you buy
Net, funding: paid 7d − costs−$817as in the Funding arb table
Net, price: spread back to 7d avg − costs−$797as in the Price arb table
costs, in and out, $10k−$8178.174% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)−0.232%−$23 · spread now +0.062%, 7d avg −0.138%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.200% dearer against BingX than usual: you sell high and buy low, +$20 on $10k if it goes back to its 7-day average of −0.138%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX GMX-USDT | 8.0050 | 0.0100 | pay 0.0100% / 8h | 2h 43m | — | $2.3M | — |
| Short | Gate GMX_USDT | 8.0100 | 0.0100 | get 0.0100% / 8h | 2h 43m | $195K | $68K | 33x |
BingX GMX-USDT
Gate GMX_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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: +0.062% → −0.138%
- $20.04
- Slippage, 4 orders
- −$792.39
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$797.35
- Costs to cover
- 8.174%
- Break-even
- never at this rate
Slippage from BingX: live order book, 10 min ago; Gate: live order book, 63 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, 10 min ago | 4.99 bp | 26.1 bp −$26 | 58.5 bp −$585 | 431.5 bp −$43.2K | 492.0 bp −$246.0K |
| Sell Gate live order book, 63 min ago | 6.83 bp | 396.0 bp −$396 | 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 | 7.5400 | −5.809% | $4K | $4K | 5.5x | as long as short |
| Kraken Futures PF_GMXUSD | +0.0044% | 1h | 8.0019 | −0.039% | $33K | $463 | 10x | as long as short |
| BloFin GMX-USDT | +0.0078% | 8h | 8.0070 | +0.025% | $108K | $25K | 50x | as long as short |
| Binance GMXUSDT | +0.0100% | 8h | 8.0068 | +0.023% | $2.3M | $1.9M | 50x | as long as short |
| Bybit GMXUSDT | +0.0100% | 8h | 8.0040 | −0.012% | $823K | $247K | 20x | as long as short |
| OKX GMX-USDT-SWAP | +0.0100% | 8h | 7.9970 | −0.100% | $293K | $489K | 20x | as long as short |
| Gate GMX_USDTshort | +0.0100% | 8h | 8.0100 | +0.062% | $195K | $68K | 33x | |
| MEXC GMX_USDT | +0.0100% | 8h | 8.0100 | +0.062% | $375K | $176K | 125x | as long as short |
| KuCoin GMXUSDTM | +0.0100% | 8h | 8.0110 | +0.075% | $161K | $56K | 30x | as long as short |
| Bitget GMXUSDT | +0.0100% | 8h | 8.0110 | +0.075% | $415K | $208K | 50x | as long as short |
Injective GMX/USDC PERP
Kraken Futures PF_GMXUSD
BloFin GMX-USDT
Binance GMXUSDT
Bybit GMXUSDT
OKX GMX-USDT-SWAP
MEXC GMX_USDT
KuCoin GMXUSDTM
Bitget GMXUSDTShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX GMX-USDTlong | +0.0100% | 8h | 8.0050 | long leg | — | $2.3M | — | |
| Variational Omni GMX | +0.0100% | 8h | 8.0241 | +0.239% | $21K | $54K | — | as long as short |
| GMX GMX/USD [GMX-USDC] | L +0.0417% / S −0.0142% | 1h | 8.0021 | −0.036% | $393K | — | 100x | as long as short |
| Lighter GMX | +0.0440% | 1h | 8.0222 | +0.215% | $76K | $89K | 5x | as long as short |
| Hyperliquid GMX | +0.0481% | 1h | 8.0211 | +0.201% | $891K | $151K | 3x | as long as short |
Variational Omni GMX
GMX GMX/USD [GMX-USDC]
Lighter GMX
Hyperliquid GMX