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 Bybit0.000%7-day average +0.020% · you sell dearer than you buy
Net, funding: paid 7d − costs−$109as in the Funding arb table
Net, price: spread back to 7d avg − costs−$126as in the Price arb table
costs, in and out, $10k−$1241.236% of the position
Funding, last 7 days+0.149%+$15 on $10k
+Price spread, last 4 days (all we have)−0.059%−$6 · spread now 0.000%, 7d avg +0.020%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit GMXUSDT | 8.0160 | 0.0100 | pay 0.0100% / 8h | 1h 58m | $823K | $243K | 20x |
| Short | MEXC GMX_USDT | 8.0160 | 0.0100 | get 0.0100% / 8h | 1h 58m | $377K | $176K | 125x |
Bybit GMXUSDT
MEXC GMX_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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: 0.000% → +0.020%
- −$1.96
- Slippage, 4 orders
- −$108.62
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$125.59
- Costs to cover
- 1.236%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 47 min ago; MEXC: live order book, 32 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, 47 min ago | 6.24 bp | 52.3 bp −$52 | 164.1 bp −$1,641 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 32 min ago | 3.76 bp | 9.3 bp −$9 | 116.9 bp −$1,169 | 293.2 bp −$29.3K | 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 | 7.5500 | −5.813% | $4K | $4K | 5.5x | as long as short |
| Kraken Futures PF_GMXUSD | −0.0470% | 1h | 8.0157 | −0.004% | $33K | $463 | 10x | as long as short |
| Binance GMXUSDT | +0.0100% | 8h | 8.0217 | +0.071% | $2.3M | $1.8M | 50x | as long as short |
| Bybit GMXUSDTlong | +0.0100% | 8h | 8.0160 | long leg | $823K | $243K | 20x | |
| OKX GMX-USDT-SWAP | +0.0100% | 8h | 8.0200 | +0.050% | $294K | $430K | 20x | as long as short |
| Gate GMX_USDT | +0.0100% | 8h | 8.0170 | +0.012% | $195K | $70K | 33x | as long as short |
| MEXC GMX_USDTshort | +0.0100% | 8h | 8.0160 | 0.000% | $377K | $176K | 125x | |
| KuCoin GMXUSDTM | +0.0100% | 8h | 8.0110 | −0.062% | $159K | $56K | 30x | as long as short |
| Bitget GMXUSDT | +0.0100% | 8h | 8.0110 | −0.062% | $415K | $192K | 50x | as long as short |
| BingX GMX-USDT | +0.0100% | 8h | 8.0190 | +0.037% | — | $2.3M | — | as long as short |
Injective GMX/USDC PERP
Kraken Futures PF_GMXUSD
Binance GMXUSDT
OKX GMX-USDT-SWAP
Gate GMX_USDT
KuCoin GMXUSDTM
Bitget GMXUSDT
BingX GMX-USDTShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni GMX | +0.0100% | 8h | 8.0225 | +0.081% | $21K | $53K | — | as long as short |
| BloFin GMX-USDT | +0.0124% | 8h | 8.0240 | +0.100% | $107K | $26K | 50x | as long as short |
| Hyperliquid GMX | +0.0349% | 1h | 8.0385 | +0.281% | $891K | $149K | 3x | as long as short |
| GMX GMX/USD [GMX-USDC] | L +0.0417% / S −0.0142% | 1h | 8.0091 | −0.086% | $393K | — | 100x | as long as short |
| Lighter GMX | +0.0632% | 1h | 8.0446 | +0.357% | $76K | $89K | 5x | as long as short |
Variational Omni GMX
BloFin GMX-USDT
Hyperliquid GMX
GMX GMX/USD [GMX-USDC]
Lighter GMX