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 Gate+0.125%7-day average +0.186% · you sell dearer than you buy
Net, funding: paid 7d − costs−$675as in the Funding arb table
Net, price: spread back to 7d avg − costs−$679as in the Price arb table
costs, in and out, $10k−$6736.733% of the position
Funding, last 7 days−0.019%−$2 on $10k
+Price spread, last 4 days (all we have)+0.044%+$4 · spread now +0.125%, 7d avg +0.186%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.060% cheaper against Gate than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of +0.186%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate GMX_USDT | 7.9730 | 0.0100 | pay 0.0100% / 8h | 2h 38m | $193K | $70K | 33x |
| Short | MEXC GMX_USDT | 7.9830 | 0.0100 | get 0.0100% / 8h | 2h 38m | $374K | $177K | 125x |
Gate GMX_USDT
MEXC GMX_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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: +0.125% → +0.186%
- −$6.01
- Slippage, 4 orders
- −$654.3
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$679.31
- Costs to cover
- 6.733%
- Break-even
- never at this rate
Slippage from Gate: live order book, 2 min ago; MEXC: live order book, 56 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, 2 min ago | 4.39 bp | 317.1 bp −$317 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 56 min ago | 1.24 bp | 9.2 bp −$9 | 117.2 bp −$1,172 | 291.8 bp −$29.2K | 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 | 7.5200 | −5.682% | $4K | $4K | 5.5x | as long as short |
| Kraken Futures PF_GMXUSD | +0.0045% | 1h | 7.9657 | −0.091% | $33K | $463 | 10x | as long as short |
| Binance GMXUSDT | +0.0100% | 8h | 7.9860 | +0.163% | $2.3M | $1.9M | 50x | as long as short |
| Bybit GMXUSDT | +0.0100% | 8h | 7.9780 | +0.063% | $820K | $248K | 20x | as long as short |
| OKX GMX-USDT-SWAP | +0.0100% | 8h | 7.9740 | +0.013% | $291K | $488K | 20x | as long as short |
| Gate GMX_USDTlong | +0.0100% | 8h | 7.9730 | long leg | $193K | $70K | 33x | |
| MEXC GMX_USDTshort | +0.0100% | 8h | 7.9830 | +0.125% | $374K | $177K | 125x | |
| KuCoin GMXUSDTM | +0.0100% | 8h | 7.9550 | −0.226% | $158K | $57K | 30x | as long as short |
| Bitget GMXUSDT | +0.0100% | 8h | 7.9770 | +0.050% | $413K | $208K | 50x | as long as short |
| BingX GMX-USDT | +0.0100% | 8h | 7.9730 | 0.000% | — | $2.3M | — | as long as short |
Injective GMX/USDC PERP
Kraken Futures PF_GMXUSD
Binance GMXUSDT
Bybit GMXUSDT
OKX GMX-USDT-SWAP
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 | 7.9933 | +0.254% | $21K | $54K | — | as long as short |
| BloFin GMX-USDT | +0.0113% | 8h | 7.9800 | +0.088% | $108K | $25K | 50x | as long as short |
| Lighter GMX | +0.0288% | 1h | 7.9906 | +0.221% | $76K | $89K | 5x | as long as short |
| GMX GMX/USD [GMX-USDC] | L +0.0417% / S −0.0142% | 1h | 7.9723 | −0.008% | $391K | — | 100x | as long as short |
| Hyperliquid GMX | +0.0420% | 1h | 7.9874 | +0.181% | $887K | $151K | 3x | as long as short |
Variational Omni GMX
BloFin GMX-USDT
Lighter GMX
GMX GMX/USD [GMX-USDC]
Hyperliquid GMX