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: KuCoin against Gate+0.124%7-day average +0.098% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,617as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,612as in the Price arb table
costs, in and out, $10k−$1,61516.146% of the position
Funding, last 7 days−0.025%−$2 on $10k
+Price spread, last 4 days (all we have)−0.229%−$23 · spread now +0.124%, 7d avg +0.098%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.027% dearer against Gate than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.098%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate GMX_USDT | 8.0600 | 0.0100 | pay 0.0100% / 8h | 5h 14m | $199K | $77K | 33x |
| Short | KuCoin GMXUSDTM | 8.0700 | 0.0100 | get 0.0100% / 8h | 5h 14m | $161K | $54K | 30x |
Gate GMX_USDT
KuCoin GMXUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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: +0.124% → +0.098%
- $2.65
- Slippage, 4 orders
- −$1,587.59
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$1,611.94
- Costs to cover
- 16.146%
- Break-even
- never at this rate
Slippage from Gate: live order book, 42 min ago; KuCoin: live order book, 6 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, 42 min ago | 4.36 bp | 376.1 bp −$376 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 6 min ago | 79.87 bp | 341.8 bp −$342 | doesn't fit | 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 | 7.6100 | −5.583% | $4K | $4K | 5.5x | as long as short |
| Binance GMXUSDT | +0.0100% | 8h | 8.0750 | +0.186% | $2.3M | $1.9M | 50x | as long as short |
| Bybit GMXUSDT | +0.0100% | 8h | 8.0790 | +0.236% | $839K | $245K | 20x | as long as short |
| OKX GMX-USDT-SWAP | +0.0100% | 8h | 8.0670 | +0.087% | $298K | $502K | 20x | as long as short |
| Gate GMX_USDTlong | +0.0100% | 8h | 8.0600 | long leg | $199K | $77K | 33x | |
| MEXC GMX_USDT | +0.0100% | 8h | 8.0740 | +0.174% | $380K | $178K | 125x | as long as short |
| KuCoin GMXUSDTMshort | +0.0100% | 8h | 8.0700 | +0.124% | $161K | $54K | 30x | |
| Bitget GMXUSDT | +0.0100% | 8h | 8.0670 | +0.087% | $419K | $203K | 50x | as long as short |
| BingX GMX-USDT | +0.0100% | 8h | 8.0720 | +0.149% | — | $2.3M | — | as long as short |
| Variational Omni GMX | +0.0100% | 8h | 8.0789 | +0.235% | $21K | $54K | — | as long as short |
Injective GMX/USDC PERP
Binance GMXUSDT
Bybit GMXUSDT
OKX GMX-USDT-SWAP
MEXC GMX_USDT
Bitget GMXUSDT
BingX GMX-USDT
Variational Omni GMXShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin GMX-USDT | +0.0112% | 8h | 8.0860 | +0.323% | $110K | $26K | 50x | as long as short |
| Hyperliquid GMX | +0.0172% | 1h | 8.0852 | +0.313% | $902K | $154K | 3x | as long as short |
| Kraken Futures PF_GMXUSD | +0.0305% | 1h | 8.0651 | +0.063% | $33K | $463 | 10x | as long as short |
| GMX GMX/USD [GMX-USDC] | L +0.0417% / S −0.0142% | 1h | 8.0678 | +0.096% | $396K | — | 100x | as long as short |
| Lighter GMX | +0.0544% | 1h | 8.0918 | +0.395% | $77K | $90K | 5x | as long as short |
BloFin GMX-USDT
Hyperliquid GMX
Kraken Futures PF_GMXUSD
GMX GMX/USD [GMX-USDC]
Lighter GMX