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: Bitget against Bybit+0.087%7-day average +0.009% · you sell dearer than you buy
Net, funding: paid 7d − costs−$143as in the Funding arb table
Net, price: spread back to 7d avg − costs−$151as in the Price arb table
costs, in and out, $10k−$1591.589% of the position
Funding, last 7 days+0.163%+$16 on $10k
+Price spread, last 4 days (all we have)−0.130%−$13 · spread now +0.087%, 7d avg +0.009%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.079% dearer against Bybit than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of +0.009%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit GMXUSDT | 8.0040 | 0.0100 | pay 0.0100% / 8h | 2h 42m | $823K | $247K | 20x |
| Short | Bitget GMXUSDT | 8.0110 | 0.0100 | get 0.0100% / 8h | 2h 42m | $415K | $208K | 50x |
Bybit GMXUSDT
Bitget GMXUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Bybit. 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: +0.087% → +0.009%
- $7.87
- Slippage, 4 orders
- −$135.87
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$151
- Costs to cover
- 1.589%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 2 min ago; Bitget: live order book, 63 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 Bybit live order book, 2 min ago | 6.24 bp | 52.3 bp −$52 | 164.1 bp −$1,641 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 63 min ago | 5.59 bp | 21.5 bp −$21 | 144.6 bp −$1,446 | 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 | 7.5400 | −5.797% | $4K | $4K | 5.5x | as long as short |
| Kraken Futures PF_GMXUSD | +0.0044% | 1h | 8.0019 | −0.026% | $33K | $463 | 10x | as long as short |
| BloFin GMX-USDT | +0.0078% | 8h | 8.0070 | +0.037% | $108K | $25K | 50x | as long as short |
| Binance GMXUSDT | +0.0100% | 8h | 8.0090 | +0.062% | $2.3M | $1.9M | 50x | as long as short |
| Bybit GMXUSDTlong | +0.0100% | 8h | 8.0040 | long leg | $823K | $247K | 20x | |
| OKX GMX-USDT-SWAP | +0.0100% | 8h | 8.0000 | −0.050% | $293K | $489K | 20x | as long as short |
| Gate GMX_USDT | +0.0100% | 8h | 8.0100 | +0.075% | $195K | $68K | 33x | as long as short |
| MEXC GMX_USDT | +0.0100% | 8h | 8.0090 | +0.062% | $375K | $176K | 125x | as long as short |
| KuCoin GMXUSDTM | +0.0100% | 8h | 7.9800 | −0.300% | $161K | $56K | 30x | as long as short |
| Bitget GMXUSDTshort | +0.0100% | 8h | 8.0110 | +0.087% | $415K | $208K | 50x |
Injective GMX/USDC PERP
Kraken Futures PF_GMXUSD
BloFin GMX-USDT
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 | |
|---|---|---|---|---|---|---|---|---|
| BingX GMX-USDT | +0.0100% | 8h | 8.0050 | +0.012% | — | $2.3M | — | as long as short |
| Variational Omni GMX | +0.0100% | 8h | 8.0241 | +0.251% | $21K | $54K | — | as long as short |
| GMX GMX/USD [GMX-USDC] | L +0.0417% / S −0.0142% | 1h | 8.0021 | −0.024% | $393K | — | 100x | as long as short |
| Lighter GMX | +0.0440% | 1h | 8.0222 | +0.227% | $76K | $89K | 5x | as long as short |
| Hyperliquid GMX | +0.0475% | 1h | 8.0201 | +0.201% | $891K | $151K | 3x | as long as short |
BingX GMX-USDT
Variational Omni GMX
GMX GMX/USD [GMX-USDC]
Lighter GMX
Hyperliquid GMX