Funding you earn now, next payment 02:00 UTC+0.0476%/8h= +52.1% APRpaid last 24h +0.047%
Price spread now: Lighter against BingX+0.265%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.083%+$8 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$14 a day on $10k at the current rate, and Lighter is 0.265% dearer against BingX than usual: you sell high and buy low: +$27 more if the spread goes back to zero (this spread has no 7-day history yet).
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.083% in total (about 4.3% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX GMX-USDT | 8.0370 | 0.0100 | pay 0.0100% / 8h | 6h 05m | — | $2.3M | — |
| Short | Lighter GMX | 8.0583 | 0.0576 | get 0.0072% / 1h | 5m 39s | $76K | $92K | 5x |
BingX GMX-USDT
Lighter GMXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter 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
- $99.96
- Price spread: +0.265% → 0.000%
- $26.5
- Slippage, 4 orders
- no order book: not counted
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $116.46
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: BingX: live order book, 13 min ago; Lighter: 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy BingX live order book, 13 min ago | 6.20 bp | 28.2 bp −$28 | 59.1 bp −$591 | 379.1 bp −$37.9K | 434.7 bp −$217.3K |
| Sell Lighter no order-book sample | — | — | — | — | — |
Lighter: 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 14 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 | 7.5700 | −5.811% | $4K | $4K | 5.5x | as long as short |
| Kraken Futures PF_GMXUSD | −0.0548% | 1h | 8.0421 | +0.064% | $33K | $569 | 10x | as long as short |
| Binance GMXUSDT | +0.0100% | 8h | 8.0427 | +0.071% | $2.3M | $1.9M | 50x | as long as short |
| Bybit GMXUSDT | +0.0100% | 8h | 8.0400 | +0.037% | $839K | $252K | 20x | as long as short |
| OKX GMX-USDT-SWAP | +0.0100% | 8h | 8.0400 | +0.037% | $296K | $511K | 20x | as long as short |
| Gate GMX_USDT | +0.0100% | 8h | 8.0500 | +0.162% | $198K | $78K | 33x | as long as short |
| MEXC GMX_USDT | +0.0100% | 8h | 8.0410 | +0.050% | $378K | $181K | 125x | as long as short |
| KuCoin GMXUSDTM | +0.0100% | 8h | 8.0540 | +0.212% | $181K | $31K | 30x | as long as short |
| Bitget GMXUSDT | +0.0100% | 8h | 8.0330 | −0.050% | $404K | $206K | 50x | as long as short |
| BingX GMX-USDTlong | +0.0100% | 8h | 8.0370 | long leg | — | $2.3M | — |
Injective GMX/USDC PERP
Kraken Futures PF_GMXUSD
Binance GMXUSDT
Bybit GMXUSDT
OKX GMX-USDT-SWAP
Gate GMX_USDT
MEXC GMX_USDT
KuCoin GMXUSDTM
Bitget GMXUSDTShow all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni GMX | +0.0100% | 8h | 8.0431 | +0.076% | $21K | $54K | — | as long as short |
| GMX GMX/USD [GMX-USDC] | L +0.0417% / S −0.0141% | 1h | 8.0381 | +0.013% | $394K | — | 100x | as long as short |
| Hyperliquid GMX | +0.0571% | 1h | 8.0531 | +0.200% | $902K | $158K | 3x | as long as short |
| Lighter GMXshort | +0.0576% | 1h | 8.0583 | +0.265% | $76K | $92K | 5x |
Variational Omni GMX
GMX GMX/USD [GMX-USDC]
Hyperliquid GMX