Funding you earn now, next payment 12:00 UTC+0.0038%/8h= +4.2% APRpaid last 24h +0.056%
Price spread now: Lighter against BloFin+0.412%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.127%+$13 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Lighter is 0.412% dearer against BloFin than usual: you sell high and buy low: +$41 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin GMX-USDT | 8.0610 | 0.0090 | pay 0.0090% / 8h | 4h 11m | $107K | $25K | 50x |
| Short | Lighter GMX | 8.0942 | 0.0128 | get 0.0016% / 1h | 11m 12s | $77K | $78K | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against BloFin. 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
- $7.97
- Price spread: +0.412% → 0.000%
- $41.19
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $37.15
- Costs to cover
- 0.120%
- Break-even
- from the start
Slippage unknown: BloFin: live order book, 9 min ago; Lighter: no order-book sample. Net counts fees only.
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 BloFin live order book, 9 min ago | 3.11 bp | 15.7 bp −$16 | 50.2 bp −$502 | doesn't fit | doesn't fit |
| Sell Lighter no order-book sample | — | — | — | — | — |
Lighter: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
GMX on 15 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_GMXUSD | −0.1041% | 1h | 8.0576 | −0.043% | $33K | $398 | 10x | as long as short |
| Injective GMX/USDC PERP | +0.0033% | 1h | 7.5200 | −6.711% | $4K | $3K | 5.5x | as long as short |
| BloFin GMX-USDTlong | +0.0090% | 8h | 8.0610 | long leg | $107K | $25K | 50x | |
| Binance GMXUSDT | +0.0100% | 8h | 8.0650 | +0.050% | $2.3M | $1.6M | 50x | as long as short |
| Bybit GMXUSDT | +0.0100% | 8h | 8.0570 | −0.050% | $824K | $208K | 20x | as long as short |
| OKX GMX-USDT-SWAP | +0.0100% | 8h | 8.0500 | −0.136% | $290K | $289K | 20x | as long as short |
| Gate GMX_USDT | +0.0100% | 8h | 8.0470 | −0.174% | $193K | $62K | 33x | as long as short |
| MEXC GMX_USDT | +0.0100% | 8h | 8.0660 | +0.062% | $375K | $139K | 125x | as long as short |
| KuCoin GMXUSDTM | +0.0100% | 8h | 8.0480 | −0.161% | $165K | $43K | 30x | as long as short |
| Bitget GMXUSDT | +0.0100% | 8h | 8.0580 | −0.037% | $408K | $160K | 50x | as long as short |
Show all 15 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX GMX-USDT | +0.0100% | 8h | 8.0550 | −0.074% | — | $2.3M | — | as long as short |
| Variational Omni GMX | +0.0100% | 8h | 8.0472 | −0.171% | $21K | $48K | — | as long as short |
| Lighter GMXshort | +0.0128% | 1h | 8.0942 | +0.412% | $77K | $78K | 5x | |
| Hyperliquid GMX | +0.0312% | 1h | 8.0779 | +0.210% | $896K | $114K | 3x | as long as short |
| GMX GMX/USD [GMX-USDC] | L +0.0547% / S −0.0176% | 1h | 8.0602 | −0.010% | $454K | — | 100x | as long as short |
BloFin GMX-USDT
Lighter GMX
Kraken Futures PF_GMXUSD
Injective GMX/USDC PERP
Binance GMXUSDT
Bybit GMXUSDT
OKX GMX-USDT-SWAP
Gate GMX_USDT
MEXC GMX_USDT
KuCoin GMXUSDTM
Bitget GMXUSDT
BingX GMX-USDT
Variational Omni GMX
Hyperliquid GMX
GMX GMX/USD [GMX-USDC]