Funding you earn now, next payment 05:00 UTC+0.0363%/8h= +39.7% APRpaid last 24h +0.193%
Price spread now: KuCoin against Kraken Futures−0.004%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$11 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_GMXUSD | 8.0183 | −0.0263 | get 0.0033% / 1h | 24m 10s | $33K | $463 | 10x |
| Short | KuCoin GMXUSDTM | 8.0180 | 0.0100 | get 0.0100% / 8h | 3h 24m | $159K | $55K | 30x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Kraken Futures. 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
- $76.13
- Price spread: −0.004% → 0.000%
- −$0.4
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- $53.73
- Costs to cover
- 0.220%
- Break-even
- 2.1 days
Slippage unknown: Kraken Futures: no order-book sample; KuCoin: live order book, 46 min ago. Net counts fees only.
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 Kraken Futures no order-book sample | — | — | — | — | — |
| Sell KuCoin live order book, 46 min ago | 37.32 bp | 252.5 bp −$253 | doesn't fit | doesn't fit | doesn't fit |
Kraken Futures: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | 7.5700 | −5.591% | $4K | $4K | 5.5x | as long as short |
| Kraken Futures PF_GMXUSDlong | −0.0263% | 1h | 8.0183 | long leg | $33K | $463 | 10x | |
| BloFin GMX-USDT | +0.0079% | 8h | 8.0260 | +0.096% | $108K | $25K | 50x | as long as short |
| Binance GMXUSDT | +0.0100% | 8h | 8.0200 | +0.021% | $2.3M | $1.9M | 50x | as long as short |
| Bybit GMXUSDT | +0.0100% | 8h | 8.0180 | −0.004% | $824K | $247K | 20x | as long as short |
| OKX GMX-USDT-SWAP | +0.0100% | 8h | 8.0110 | −0.091% | $295K | $489K | 20x | as long as short |
| Gate GMX_USDT | +0.0100% | 8h | 8.0130 | −0.066% | $198K | $73K | 33x | as long as short |
| MEXC GMX_USDT | +0.0100% | 8h | 8.0210 | +0.033% | $376K | $178K | 125x | as long as short |
| KuCoin GMXUSDTMshort | +0.0100% | 8h | 8.0180 | −0.004% | $159K | $55K | 30x | |
| Bitget GMXUSDT | +0.0100% | 8h | 8.0120 | −0.079% | $415K | $208K | 50x | as long as short |
Show all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX GMX-USDT | +0.0100% | 8h | 8.0200 | +0.021% | — | $2.3M | — | as long as short |
| Variational Omni GMX | +0.0100% | 8h | 8.0265 | +0.102% | $21K | $54K | — | as long as short |
| GMX GMX/USD [GMX-USDC] | L +0.0417% / S −0.0142% | 1h | 8.0085 | −0.123% | $393K | — | 100x | as long as short |
| Lighter GMX | +0.0456% | 1h | 8.0340 | +0.196% | $76K | $89K | 5x | as long as short |
| Hyperliquid GMX | +0.0655% | 1h | 8.0303 | +0.149% | $891K | $150K | 3x | as long as short |
Kraken Futures PF_GMXUSD
KuCoin GMXUSDTM
Injective GMX/USDC PERP
BloFin GMX-USDT
Binance GMXUSDT
Bybit GMXUSDT
OKX GMX-USDT-SWAP
Gate GMX_USDT
MEXC GMX_USDT
Bitget GMXUSDT
BingX GMX-USDT
Variational Omni GMX
GMX GMX/USD [GMX-USDC]
Lighter GMX
Hyperliquid GMX