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: KuCoin against Bitget+0.223%7-day average −0.088% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,172as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,139as in the Price arb table
costs, in and out, $10k−$1,17011.702% of the position
Funding, last 7 days−0.020%−$2 on $10k
+Price spread, last 4 days (all we have)−0.340%−$34 · spread now +0.223%, 7d avg −0.088%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.311% dearer against Bitget than usual: you sell high and buy low, +$31 on $10k if it goes back to its 7-day average of −0.088%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget GMXUSDT | 8.0750 | 0.0100 | pay 0.0100% / 8h | 6h 49m | $405K | $207K | 50x |
| Short | KuCoin GMXUSDTM | 8.0930 | 0.0100 | get 0.0100% / 8h | 6h 49m | $182K | $37K | 30x |
Bitget GMXUSDT
KuCoin GMXUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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: +0.223% → −0.088%
- $31.09
- Slippage, 4 orders
- −$1,146.2
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$1,139.11
- Costs to cover
- 11.702%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 11 min ago; KuCoin: live order book, 55 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, 11 min ago | 6.20 bp | 26.1 bp −$26 | 150.7 bp −$1,507 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 55 min ago | 20.87 bp | 602.7 bp −$603 | 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 | 7.5900 | −6.006% | $4K | $4K | 5.5x | as long as short |
| Kraken Futures PF_GMXUSD | −0.0545% | 1h | 8.0764 | +0.018% | $33K | $600 | 10x | as long as short |
| BloFin GMX-USDT | +0.0071% | 8h | 8.0500 | −0.310% | $110K | $26K | 50x | as long as short |
| Binance GMXUSDT | +0.0100% | 8h | 8.0862 | +0.139% | $2.3M | $1.9M | 50x | as long as short |
| Bybit GMXUSDT | +0.0100% | 8h | 8.0800 | +0.062% | $844K | $260K | 20x | as long as short |
| OKX GMX-USDT-SWAP | +0.0100% | 8h | 8.0800 | +0.062% | $297K | $528K | 20x | as long as short |
| Gate GMX_USDT | +0.0100% | 8h | 8.0480 | −0.334% | $198K | $78K | 33x | as long as short |
| MEXC GMX_USDT | +0.0100% | 8h | 8.0860 | +0.136% | $380K | $179K | 125x | as long as short |
| KuCoin GMXUSDTMshort | +0.0100% | 8h | 8.0930 | +0.223% | $182K | $37K | 30x | |
| Bitget GMXUSDTlong | +0.0100% | 8h | 8.0750 | long leg | $405K | $207K | 50x |
Injective GMX/USDC PERP
Kraken Futures PF_GMXUSD
BloFin GMX-USDT
Binance GMXUSDT
Bybit GMXUSDT
OKX GMX-USDT-SWAP
Gate GMX_USDT
MEXC GMX_USDTShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX GMX-USDT | +0.0100% | 8h | 8.0700 | −0.062% | — | $2.3M | — | as long as short |
| Variational Omni GMX | +0.0100% | 8h | 8.0633 | −0.146% | $21K | $54K | — | as long as short |
| Hyperliquid GMX | +0.0284% | 1h | 8.0973 | +0.276% | $923K | $149K | 3x | as long as short |
| Lighter GMX | +0.0384% | 1h | 8.1019 | +0.333% | $77K | $92K | 5x | as long as short |
| GMX GMX/USD [GMX-USDC] | L +0.0416% / S −0.0141% | 1h | 8.0689 | −0.075% | $395K | — | 100x | as long as short |
BingX GMX-USDT
Variational Omni GMX
Hyperliquid GMX
Lighter GMX
GMX GMX/USD [GMX-USDC]