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: BingX against Gate+0.197%7-day average +0.141% · you sell dearer than you buy
Net, funding: paid 7d − costs−$841as in the Funding arb table
Net, price: spread back to 7d avg − costs−$835as in the Price arb table
costs, in and out, $10k−$8418.405% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)−0.027%−$3 · spread now +0.197%, 7d avg +0.141%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.056% dearer against Gate than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of +0.141%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate GMX_USDT | 8.1250 | 0.0100 | pay 0.0100% / 8h | 7h 42m | $205K | $77K | 33x |
| Short | BingX GMX-USDT | 8.1410 | 0.0100 | get 0.0100% / 8h | 7h 42m | — | $2.3M | — |
Gate GMX_USDT
BingX GMX-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Gate. 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: +0.197% → +0.141%
- $5.61
- Slippage, 4 orders
- −$815.54
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$834.93
- Costs to cover
- 8.405%
- Break-even
- never at this rate
Slippage from Gate: live order book, 23 min ago; BingX: live order book, 11 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 Gate live order book, 23 min ago | 4.34 bp | 346.6 bp −$347 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 11 min ago | 5.53 bp | 29.9 bp −$30 | 81.9 bp −$819 | 472.0 bp −$47.2K | 528.8 bp −$264.4K |
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 | 7.6600 | −5.723% | $4K | $5K | 5.5x | as long as short |
| Kraken Futures PF_GMXUSD | −0.0607% | 1h | 8.1484 | +0.288% | $33K | $600 | 10x | as long as short |
| BloFin GMX-USDT | +0.0084% | 8h | 8.1480 | +0.283% | $110K | $31K | 50x | as long as short |
| Hyperliquid GMX | +0.0100% | 1h | 8.1610 | +0.443% | $933K | $167K | 3x | as long as short |
| Binance GMXUSDT | +0.0100% | 8h | 8.1408 | +0.194% | $2.3M | $2.0M | 50x | as long as short |
| Bybit GMXUSDT | +0.0100% | 8h | 8.1360 | +0.135% | $848K | $265K | 20x | as long as short |
| OKX GMX-USDT-SWAP | +0.0100% | 8h | 8.1270 | +0.025% | $298K | $548K | 20x | as long as short |
| Gate GMX_USDTlong | +0.0100% | 8h | 8.1250 | long leg | $205K | $77K | 33x | |
| MEXC GMX_USDT | +0.0100% | 8h | 8.1500 | +0.308% | $401K | $173K | 125x | as long as short |
| KuCoin GMXUSDTM | +0.0100% | 8h | 8.1350 | +0.123% | $184K | $36K | 30x | as long as short |
Injective GMX/USDC PERP
Kraken Futures PF_GMXUSD
BloFin GMX-USDT
Hyperliquid GMX
Binance GMXUSDT
Bybit GMXUSDT
OKX GMX-USDT-SWAP
MEXC GMX_USDT
KuCoin GMXUSDTMShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget GMXUSDT | +0.0100% | 8h | 8.1290 | +0.049% | $408K | $202K | 50x | as long as short |
| BingX GMX-USDTshort | +0.0100% | 8h | 8.1410 | +0.197% | — | $2.3M | — | |
| Variational Omni GMX | +0.0100% | 8h | 8.1322 | +0.089% | $21K | $54K | — | as long as short |
| Lighter GMX | +0.0192% | 1h | 8.1821 | +0.703% | $78K | $93K | 5x | as long as short |
| GMX GMX/USD [GMX-USDC] | L +0.0416% / S −0.0141% | 1h | 8.1491 | +0.297% | $399K | — | 100x | as long as short |
Bitget GMXUSDT
Variational Omni GMX
Lighter GMX
GMX GMX/USD [GMX-USDC]