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: MEXC against Bitget+0.187%7-day average +0.007% · you sell dearer than you buy
Net, funding: paid 7d − costs−$68as in the Funding arb table
Net, price: spread back to 7d avg − costs−$49as in the Price arb table
costs, in and out, $10k−$670.665% of the position
Funding, last 7 days−0.014%−$1 on $10k
+Price spread, last 4 days (all we have)−0.185%−$18 · spread now +0.187%, 7d avg +0.007%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.180% dearer against Bitget than usual: you sell high and buy low, +$18 on $10k if it goes back to its 7-day average of +0.007%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget GMXUSDT | 8.0320 | 0.0100 | pay 0.0100% / 8h | 6h 06m | $404K | $207K | 50x |
| Short | MEXC GMX_USDT | 8.0470 | 0.0100 | get 0.0100% / 8h | 6h 06m | $378K | $181K | 125x |
Bitget GMXUSDT
MEXC GMX_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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: +0.187% → +0.007%
- $17.98
- Slippage, 4 orders
- −$50.54
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$48.56
- Costs to cover
- 0.665%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 54 min ago; MEXC: live order book, 44 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, 54 min ago | 6.20 bp | 26.1 bp −$26 | 150.7 bp −$1,507 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 44 min ago | 1.24 bp | 9.7 bp −$10 | 120.1 bp −$1,201 | 294.5 bp −$29.4K | doesn't fit |
GMX on 14 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 | 7.5700 | −5.752% | $4K | $4K | 5.5x | as long as short |
| Kraken Futures PF_GMXUSD | −0.0548% | 1h | 8.0386 | +0.082% | $33K | $569 | 10x | as long as short |
| Binance GMXUSDT | +0.0100% | 8h | 8.0456 | +0.169% | $2.3M | $1.9M | 50x | as long as short |
| Bybit GMXUSDT | +0.0100% | 8h | 8.0450 | +0.162% | $840K | $252K | 20x | as long as short |
| OKX GMX-USDT-SWAP | +0.0100% | 8h | 8.0400 | +0.100% | $296K | $516K | 20x | as long as short |
| Gate GMX_USDT | +0.0100% | 8h | 8.0500 | +0.224% | $198K | $78K | 33x | as long as short |
| MEXC GMX_USDTshort | +0.0100% | 8h | 8.0470 | +0.187% | $378K | $181K | 125x | |
| KuCoin GMXUSDTM | +0.0100% | 8h | 8.0640 | +0.398% | $182K | $31K | 30x | as long as short |
| Bitget GMXUSDTlong | +0.0100% | 8h | 8.0320 | long leg | $404K | $207K | 50x | |
| BingX GMX-USDT | +0.0100% | 8h | 8.0430 | +0.137% | — | $2.3M | — | as long as short |
Injective GMX/USDC PERP
Kraken Futures PF_GMXUSD
Binance GMXUSDT
Bybit GMXUSDT
OKX GMX-USDT-SWAP
Gate GMX_USDT
KuCoin GMXUSDTM
BingX GMX-USDTShow all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni GMX | +0.0100% | 8h | 8.0521 | +0.250% | $21K | $54K | — | as long as short |
| GMX GMX/USD [GMX-USDC] | L +0.0416% / S −0.0141% | 1h | 8.0347 | +0.033% | $394K | — | 100x | as long as short |
| Lighter GMX | +0.0568% | 1h | 8.0595 | +0.342% | $76K | $92K | 5x | as long as short |
| Hyperliquid GMX | +0.0590% | 1h | 8.0495 | +0.218% | $901K | $158K | 3x | as long as short |
Variational Omni GMX
GMX GMX/USD [GMX-USDC]
Lighter GMX
Hyperliquid GMX