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: KuCoin against BingX−0.348%7-day average −0.047% · you buy dearer than you sell
Net, funding: paid 7d − costs−$921as in the Funding arb table
Net, price: spread back to 7d avg − costs−$948as in the Price arb table
costs, in and out, $10k−$9189.184% of the position
Funding, last 7 days−0.025%−$2 on $10k
+Price spread, last 4 days (all we have)+0.256%+$26 · spread now −0.348%, 7d avg −0.047%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.301% cheaper against BingX than usual: you would sell low and buy high, −$30 on $10k if it goes back to its 7-day average of −0.047%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX GMX-USDT | 8.0510 | 0.0100 | pay 0.0100% / 8h | 4h 26m | — | $2.3M | — |
| Short | KuCoin GMXUSDTM | 8.0230 | 0.0100 | get 0.0100% / 8h | 4h 26m | $159K | $54K | 30x |
BingX GMX-USDT
KuCoin GMXUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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: −0.348% → −0.047%
- −$30.07
- Slippage, 4 orders
- −$896.37
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$948.44
- Costs to cover
- 9.184%
- Break-even
- never at this rate
Slippage from BingX: live order book, 7 min ago; KuCoin: live order book, 54 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, 7 min ago | 5.58 bp | 27.2 bp −$27 | 64.0 bp −$640 | 397.4 bp −$39.7K | 448.2 bp −$224.1K |
| Sell KuCoin live order book, 54 min ago | 79.87 bp | 341.8 bp −$342 | 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 | 7.5900 | −5.726% | $4K | $4K | 5.5x | as long as short |
| Binance GMXUSDT | +0.0100% | 8h | 8.0476 | −0.042% | $2.3M | $1.9M | 50x | as long as short |
| Bybit GMXUSDT | +0.0100% | 8h | 8.0480 | −0.037% | $829K | $246K | 20x | as long as short |
| OKX GMX-USDT-SWAP | +0.0100% | 8h | 8.0470 | −0.050% | $296K | $493K | 20x | as long as short |
| Gate GMX_USDT | +0.0100% | 8h | 8.0500 | −0.012% | $198K | $73K | 33x | as long as short |
| MEXC GMX_USDT | +0.0100% | 8h | 8.0490 | −0.025% | $378K | $178K | 125x | as long as short |
| KuCoin GMXUSDTMshort | +0.0100% | 8h | 8.0230 | −0.348% | $159K | $54K | 30x | |
| Bitget GMXUSDT | +0.0100% | 8h | 8.0440 | −0.087% | $417K | $207K | 50x | as long as short |
| BingX GMX-USDTlong | +0.0100% | 8h | 8.0510 | long leg | — | $2.3M | — | |
| Variational Omni GMX | +0.0100% | 8h | 8.0656 | +0.181% | $21K | $54K | — | as long as short |
Injective GMX/USDC PERP
Binance GMXUSDT
Bybit GMXUSDT
OKX GMX-USDT-SWAP
Gate GMX_USDT
MEXC GMX_USDT
Bitget GMXUSDT
Variational Omni GMXShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin GMX-USDT | +0.0122% | 8h | 8.0650 | +0.174% | $109K | $26K | 50x | as long as short |
| Kraken Futures PF_GMXUSD | +0.0194% | 1h | 8.0451 | −0.074% | $33K | $463 | 10x | as long as short |
| Lighter GMX | +0.0304% | 1h | 8.0673 | +0.202% | $77K | $90K | 5x | as long as short |
| Hyperliquid GMX | +0.0371% | 1h | 8.0621 | +0.138% | $896K | $149K | 3x | as long as short |
| GMX GMX/USD [GMX-USDC] | L +0.0417% / S −0.0142% | 1h | 8.0438 | −0.090% | $394K | — | 100x | as long as short |
BloFin GMX-USDT
Kraken Futures PF_GMXUSD
Lighter GMX
Hyperliquid GMX
GMX GMX/USD [GMX-USDC]