GMX

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	HyperliquidGMX	8.3126	+0.0100	pay 0.0013% / 1h	59m 57s	$923K	$614K	3x	Long Hyperliquid4% off
SHORT	GMXGMX/USD [GMX-USDC]	8.2865	L +0.0366S −0.0134	get 0.0017% / 1h	59m 57s	$239K	$4K	50x	Short GMX5% off

Price gap−0.314%57s

Funding gap+0.0034% /8h

Funding pays +$1 a day on $10k, but the gap is 0.144% under its 7d average: −$14 if it goes back, about 14 days of funding.

If you open now and hold

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

Funding+$10+0.0034% /8h now · paid +0.103% over the last 7D

Price—spread −0.314%57s now · prices read too far apart to compare

Costsno datano order book for GMX

Result, before costs—+ Points / potential airdropHyperliquid: Season 2 · farm boardneeds both prices read together

Price and funding

1h · history

Price spread

Prices

Fundingper 8h

PRICE SPREAD · 7D

Now−0.314%

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$3,333 + $200
Hyperliquid 3x, GMX 50x. 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: +$1.02Long Hyperliquid: 24 payments, −$3.00; short GMX: 24 payments, +$4.02.
Watch: Prices read 57 s apart−0.314% vs −0.170%
Part of this gap may be the market moving.
Watch: Short leg is thinner$239K 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 legHyperliquid No · GMX 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+0.0049%/8h × 21 periods+$10.32

Price spreadprices read too far apart to compare—

Slippage, 4 ordersno data for GMX—

Fee Hyperliquid bp × 2 orders−$9.00

Fee GMX bp × 2 orders−$12.00

Net, fees only · 7 days · $10k−$10.68

price spread not counted: prices read too far apart

Costs to cover0.210%Break-even14.2 days

Slippage: Hyperliquid: live order book, 53 min ago; GMX: no order-book sample

Cost to enter

taker + slippage from mid, one side

BUY · LONGHyperliquid5.7428.2 bp−$28doesn’t fitdoesn’t fitdoesn’t fit

SELL · SHORTGMX—————

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