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: BingX against Bitget+0.050%7-day average −0.037% · you sell dearer than you buy
Net, funding: paid 7d − costs−$114as in the Funding arb table
Net, price: spread back to 7d avg − costs−$106as in the Price arb table
costs, in and out, $10k−$1151.148% of the position
Funding, last 7 days+0.005%$0 on $10k
+Price spread, last 4 days (all we have)−0.095%−$10 · spread now +0.050%, 7d avg −0.037%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.087% dearer against Bitget than usual: you sell high and buy low, +$9 on $10k if it goes back to its 7-day average of −0.037%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget GMXUSDT | 8.0590 | 0.0100 | pay 0.0100% / 8h | 4h 31m | $418K | $207K | 50x |
| Short | BingX GMX-USDT | 8.0630 | 0.0100 | get 0.0100% / 8h | 4h 31m | — | $2.3M | — |
Bitget GMXUSDT
BingX GMX-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Bitget. 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: +0.050% → −0.037%
- $8.71
- Slippage, 4 orders
- −$92.77
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$106.06
- Costs to cover
- 1.148%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 19 min ago; BingX: live order book, 2 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 Bitget live order book, 19 min ago | 6.23 bp | 30.1 bp −$30 | 156.9 bp −$1,569 | doesn't fit | doesn't fit |
| Sell BingX live order book, 2 min ago | 5.58 bp | 34.6 bp −$35 | 89.4 bp −$894 | 482.1 bp −$48.2K | 546.7 bp −$273.4K |
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 | −6.192% | $4K | $4K | 5.5x | as long as short |
| BloFin GMX-USDT | +0.0095% | 8h | 8.0530 | −0.074% | $109K | $26K | 50x | as long as short |
| Binance GMXUSDT | +0.0100% | 8h | 8.0738 | +0.184% | $2.3M | $1.9M | 50x | as long as short |
| Bybit GMXUSDT | +0.0100% | 8h | 8.0680 | +0.112% | $831K | $246K | 20x | as long as short |
| OKX GMX-USDT-SWAP | +0.0100% | 8h | 8.0610 | +0.025% | $297K | $496K | 20x | as long as short |
| Gate GMX_USDT | +0.0100% | 8h | 8.0500 | −0.112% | $198K | $73K | 33x | as long as short |
| MEXC GMX_USDT | +0.0100% | 8h | 8.0710 | +0.149% | $379K | $177K | 125x | as long as short |
| KuCoin GMXUSDTM | +0.0100% | 8h | 8.0290 | −0.372% | $159K | $54K | 30x | as long as short |
| Bitget GMXUSDTlong | +0.0100% | 8h | 8.0590 | long leg | $418K | $207K | 50x | |
| BingX GMX-USDTshort | +0.0100% | 8h | 8.0630 | +0.050% | — | $2.3M | — |
Injective GMX/USDC PERP
BloFin GMX-USDT
Binance GMXUSDT
Bybit GMXUSDT
OKX GMX-USDT-SWAP
Gate GMX_USDT
MEXC GMX_USDT
KuCoin GMXUSDTMShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni GMX | +0.0100% | 8h | 8.0206 | −0.477% | $21K | $54K | — | as long as short |
| Kraken Futures PF_GMXUSD | +0.0194% | 1h | 8.0573 | −0.022% | $33K | $463 | 10x | as long as short |
| Lighter GMX | +0.0240% | 1h | 8.0812 | +0.275% | $77K | $90K | 5x | as long as short |
| Hyperliquid GMX | +0.0390% | 1h | 8.0835 | +0.304% | $898K | $149K | 3x | as long as short |
| GMX GMX/USD [GMX-USDC] | L +0.0417% / S −0.0142% | 1h | 8.0613 | +0.028% | $395K | — | 100x | as long as short |
Variational Omni GMX
Kraken Futures PF_GMXUSD
Lighter GMX
Hyperliquid GMX
GMX GMX/USD [GMX-USDC]