Settings8H · net · $10k
Funding arb · Price arb /

GMX

all GMX markets
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Alert: funding
Alert: spread
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: Variational Omni against BingX−0.022%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Variational Omni is 0.022% cheaper against BingX than usual: you would sell low and buy high, −$2 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX GMX-USDT8.03000.0100pay 0.0100% / 8h6h 54m$2.3M
ShortVariational Omni GMX8.02830.0100get 0.0100% / 8h6h 54m$21K$54K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni against BingX. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: −0.022% → 0.000%
−$2.17
Slippage, 4 orders
no order book: not counted
Fee BingX: 5 bp × 2 orders
−$10
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$12.17
Costs to cover
0.100%
Break-even
never at this rate
Slippage unknown: BingX: live order book, 8 min ago; Variational Omni: 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
LegHalf-spread$10k$100k$1M$5M
Buy BingX live order book, 8 min ago6.79 bp28.8 bp −$2964.2 bp −$642427.4 bp −$42.7K492.8 bp −$246.4K
Sell Variational Omni no order-book sample
Variational Omni: 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 15 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective GMX/USDC PERP−0.5000%1h7.5600−5.853%$4K$4K5.5xas long as short
Kraken Futures PF_GMXUSD−0.0548%1h8.0313+0.017%$33K$60010xas long as short
Binance GMXUSDT+0.0100%8h8.0337+0.046%$2.3M$1.9M50xas long as short
Bybit GMXUSDT+0.0100%8h8.0310+0.012%$838K$260K20xas long as short
OKX GMX-USDT-SWAP+0.0100%8h8.0380+0.100%$294K$523K20xas long as short
Gate GMX_USDT+0.0100%8h8.0170−0.162%$198K$78K33xas long as short
MEXC GMX_USDT+0.0100%8h8.0310+0.012%$395K$176K125xas long as short
KuCoin GMXUSDTM+0.0100%8h8.0680+0.473%$182K$37K30xas long as short
Bitget GMXUSDT+0.0100%8h8.0250−0.062%$401K$207K50xas long as short
BingX GMX-USDTlong+0.0100%8h8.0300long leg$2.3M
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni GMXshort+0.0100%8h8.0283−0.022%$21K$54K
Lighter GMX+0.0120%1h8.0552+0.314%$76K$92K5xas long as short
BloFin GMX-USDT+0.0125%8h8.0620+0.399%$110K$26K50xas long as short
Hyperliquid GMX+0.0179%1h8.0404+0.130%$917K$148K3xas long as short
GMX GMX/USD [GMX-USDC]L +0.0416% / S −0.0141%1h8.0193−0.133%$393K100xas long as short