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: Gate against Bitget−0.124%7-day average −0.180% · you buy dearer than you sell
Net, funding: paid 7d − costs−$823as in the Funding arb table
Net, price: spread back to 7d avg − costs−$818as in the Price arb table
costs, in and out, $10k−$8238.235% of the position
Funding, last 7 days+0.005%$0 on $10k
+Price spread, last 4 days (all we have)+0.071%+$7 · spread now −0.124%, 7d avg −0.180%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.056% dearer against Bitget than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of −0.180%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget GMXUSDT | 8.0770 | 0.0100 | pay 0.0100% / 8h | 5h 20m | $420K | $203K | 50x |
| Short | Gate GMX_USDT | 8.0670 | 0.0100 | get 0.0100% / 8h | 5h 20m | $199K | $77K | 33x |
Bitget GMXUSDT
Gate GMX_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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: −0.124% → −0.180%
- $5.6
- Slippage, 4 orders
- −$796.48
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$817.87
- Costs to cover
- 8.235%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 35 min ago; Gate: live order book, 35 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, 35 min ago | 8.10 bp | 33.8 bp −$34 | 193.8 bp −$1,938 | doesn't fit | doesn't fit |
| Sell Gate live order book, 35 min ago | 4.36 bp | 381.9 bp −$382 | 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 | 7.6100 | −5.782% | $4K | $4K | 5.5x | as long as short |
| Binance GMXUSDT | +0.0100% | 8h | 8.0900 | +0.161% | $2.3M | $1.9M | 50x | as long as short |
| Bybit GMXUSDT | +0.0100% | 8h | 8.0790 | +0.025% | $840K | $245K | 20x | as long as short |
| OKX GMX-USDT-SWAP | +0.0100% | 8h | 8.0800 | +0.037% | $299K | $502K | 20x | as long as short |
| Gate GMX_USDTshort | +0.0100% | 8h | 8.0670 | −0.124% | $199K | $77K | 33x | |
| MEXC GMX_USDT | +0.0100% | 8h | 8.0880 | +0.136% | $380K | $178K | 125x | as long as short |
| KuCoin GMXUSDTM | +0.0100% | 8h | 8.0700 | −0.087% | $161K | $54K | 30x | as long as short |
| Bitget GMXUSDTlong | +0.0100% | 8h | 8.0770 | long leg | $420K | $203K | 50x | |
| BingX GMX-USDT | +0.0100% | 8h | 8.0800 | +0.037% | — | $2.3M | — | as long as short |
| Variational Omni GMX | +0.0100% | 8h | 8.0849 | +0.098% | $21K | $54K | — | as long as short |
Injective GMX/USDC PERP
Binance GMXUSDT
Bybit GMXUSDT
OKX GMX-USDT-SWAP
MEXC GMX_USDT
KuCoin GMXUSDTM
BingX GMX-USDT
Variational Omni GMXShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin GMX-USDT | +0.0124% | 8h | 8.0820 | +0.062% | $110K | $26K | 50x | as long as short |
| Hyperliquid GMX | +0.0177% | 1h | 8.0977 | +0.256% | $904K | $154K | 3x | as long as short |
| Kraken Futures PF_GMXUSD | +0.0304% | 1h | 8.0829 | +0.073% | $33K | $463 | 10x | as long as short |
| GMX GMX/USD [GMX-USDC] | L +0.0417% / S −0.0142% | 1h | 8.0788 | +0.022% | $396K | — | 100x | as long as short |
| Lighter GMX | +0.0544% | 1h | 8.1019 | +0.308% | $77K | $90K | 5x | as long as short |
BloFin GMX-USDT
Hyperliquid GMX
Kraken Futures PF_GMXUSD
GMX GMX/USD [GMX-USDC]
Lighter GMX