GMX

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	GMXGMX/USD [GMX-USDC]	8.3256	L +0.0366S −0.0134	pay 0.0046% / 1h	4m 47s	$240K	$4K	50x	Long GMX5% off
SHORT	HyperliquidGMX	8.3331	+0.0100	get 0.0013% / 1h	4m 47s	$923K	$612K	3x	Short Hyperliquid4% off

Price gap+0.090%

Funding gap−0.0266% /8h

Both sides work against this direction now: funding costs $8 a day on $10k and the gap is 0.080% under its 7d average. Swap the legs.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast

Funding−$60−0.0266% /8h now · paid −0.598% over the last 7D

Price−$8spread +0.090% now, avg +0.170% → −0.080% if it goes back

Costsno datano order book for GMX

Result, before costs−$68−0.68%+ Points / potential airdropHyperliquid: Season 2 · farm boardcosts unknown: no order book for GMX ·

Price and funding

1h · history

Price spread

Prices

Fundingper 8h

PRICE SPREAD · 7D

Now+0.090%

Average—

Range—

Wider than now—

FUNDING SPREAD · 7D

Average /8h—

Highest—

Lowest—

Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

GMX on 14 exchanges

lowest funding first

Before you open

3 ok · 2 to watch

Note: Order book unknown—
No order-book sample for GMX: its slippage is not counted.
Note: Margin at max leverage$200 + $3,333
GMX 50x, Hyperliquid 3x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
OK: Same payment interval1h / 1h
Both legs pay at the same time.
Next 24h at the current rates, on $10k a leg: −$7.99Long GMX: 24 payments, −$10.99; short Hyperliquid: 24 payments, +$3.00.
Watch: Gap narrower than usual+0.090% vs +0.170%
Less room for the price leg to pay you. If it goes back to average, the short loses.
Watch: Long leg is thinner$240K vs $923K OI
GMX sets your exit cost. Check its book before closing.
OK: Points on a legHyperliquid Season 2
Volume here counts toward the points program.
OK: No KYC on either legGMX No · Hyperliquid No
Both exchanges let you trade without ID.

Profit calculator

both legs, in and out

Position, each leg

Hold for

Orders

Price spread

Funding rate

Funding earned−0.0285%/8h × 21 periods−$59.83

Price spread+0.090% → +0.170% (7d avg)−$8.00

Slippage, 4 ordersno data for GMX—

Fee GMX bp × 2 orders−$12.00

Fee Hyperliquid bp × 2 orders−$9.00

Net, fees only · 7 days · $10k−$88.83

Costs to cover0.210%Break-evennever at this rate

Slippage: GMX: no order-book sample; Hyperliquid: live order book, 48 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGGMX—————

SELL · SHORTHyperliquid5.7423.7 bp−$24doesn’t fitdoesn’t fitdoesn’t fit

Closing costs about the same again.
GMX: no data.

GMX news

posts that mention GMX, from every exchange

11-06 00:13	GMX	Other	One month in, the GMX Dollar Vault backs 7 markets: BTC, ETH, NEAR, ZEC, HYPE, XRP and SOL. One $USDG deposit, spread across all of them, earning from the volume, withdrawable any time. Full launch boost runs until 30 Nov. Here's how it works: @GMX_IO on X ↗
10-29 16:51	GMX	Other	GMX is the liquidity layer for platforms that build on top of it: permissionless, composable, and peer-to-pool. Welcome to the ecosystem, Foxify. @GMX_IO on X ↗
10-29 11:11	GMX	Other	Looking forward to working with @falconfinance as part of GMX’s treasury management strategy. @GMX_IO on X ↗
10-27 16:42	GMX	Other	GMX staking on Arbitrum and Avalanche moves to a new contract on 28 October: 🔹Unstaking will now require a request. Tokens can then be withdrawn 180 days later. 🔹Staked GMX and esGMX stay in place. No action needed. 🔹The 80% Staking Power threshold applies when the request is submitted. 1/2 @GMX_IO on X ↗
10-20 10:20	GMX	Other	The SDK, REST API, and subgraph are available at Rob (@__BoTu) is also at Open House in Singapore this week; connect with him there to go deeper on integrating GMX: 2/2 @GMX_IO on X ↗
10-20 10:20	GMX	Other	Builders at Founder House don't have to bootstrap their own liquidity. 50,000+ users already contribute over 200 million in liquidity to GMX's composable pools, and anyone can easily build on them. Route trades to GMX's markets, and earn a sizable share of the fees they generate ⬇️ 1/2 @GMX_IO on X ↗

GMX