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: Bybit against Bitget0.000%7-day average −0.011% · you sell dearer than you buy
Net, funding: paid 7d − costs−$182as in the Funding arb table
Net, price: spread back to 7d avg − costs−$165as in the Price arb table
costs, in and out, $10k−$1661.657% of the position
Funding, last 7 days−0.163%−$16 on $10k
+Price spread, last 4 days (all we have)+0.060%+$6 · spread now 0.000%, 7d avg −0.011%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget GMXUSDT | 8.1310 | 0.0100 | pay 0.0100% / 8h | 7h 43m | $408K | $202K | 50x |
| Short | Bybit GMXUSDT | 8.1310 | 0.0100 | get 0.0100% / 8h | 7h 43m | $848K | $265K | 20x |
Bitget GMXUSDT
Bybit GMXUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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: 0.000% → −0.011%
- $1.11
- Slippage, 4 orders
- −$142.67
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$164.56
- Costs to cover
- 1.657%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 22 min ago; Bybit: live order book, 26 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, 22 min ago | 5.56 bp | 31.8 bp −$32 | 137.7 bp −$1,377 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 26 min ago | 6.18 bp | 55.8 bp −$56 | 183.5 bp −$1,835 | 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 | 7.6600 | −5.793% | $4K | $5K | 5.5x | as long as short |
| Kraken Futures PF_GMXUSD | −0.0607% | 1h | 8.1408 | +0.121% | $33K | $600 | 10x | as long as short |
| BloFin GMX-USDT | +0.0084% | 8h | 8.1440 | +0.160% | $110K | $31K | 50x | as long as short |
| Hyperliquid GMX | +0.0100% | 1h | 8.1551 | +0.296% | $932K | $167K | 3x | as long as short |
| Binance GMXUSDT | +0.0100% | 8h | 8.1450 | +0.172% | $2.3M | $2.0M | 50x | as long as short |
| Bybit GMXUSDTshort | +0.0100% | 8h | 8.1310 | 0.000% | $848K | $265K | 20x | |
| OKX GMX-USDT-SWAP | +0.0100% | 8h | 8.1400 | +0.111% | $298K | $548K | 20x | as long as short |
| Gate GMX_USDT | +0.0100% | 8h | 8.1240 | −0.086% | $205K | $77K | 33x | as long as short |
| MEXC GMX_USDT | +0.0100% | 8h | 8.1460 | +0.184% | $401K | $173K | 125x | as long as short |
| KuCoin GMXUSDTM | +0.0100% | 8h | 8.1410 | +0.123% | $184K | $36K | 30x | as long as short |
Injective GMX/USDC PERP
Kraken Futures PF_GMXUSD
BloFin GMX-USDT
Hyperliquid GMX
Binance 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget GMXUSDTlong | +0.0100% | 8h | 8.1310 | long leg | $408K | $202K | 50x | |
| BingX GMX-USDT | +0.0100% | 8h | 8.1370 | +0.074% | — | $2.3M | — | as long as short |
| Variational Omni GMX | +0.0100% | 8h | 8.1322 | +0.015% | $21K | $54K | — | as long as short |
| Lighter GMX | +0.0152% | 1h | 8.1738 | +0.526% | $78K | $93K | 5x | as long as short |
| GMX GMX/USD [GMX-USDC] | L +0.0416% / S −0.0141% | 1h | 8.1434 | +0.153% | $399K | — | 100x | as long as short |
BingX GMX-USDT
Variational Omni GMX
Lighter GMX
GMX GMX/USD [GMX-USDC]