Funding you earn now, next payment 03:00 UTC−0.0205%/8h= −22.4% APRpaid last 24h +0.217%
Price spread now: Variational Omni against Kraken Futures+0.172%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
The price spread pays, funding is against you. Variational Omni is 0.172% dearer against Kraken Futures than usual: you sell high and buy low (spread +0.172% now, against zero (this spread has no 7-day history yet)): +$17 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 2.8 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_GMXUSD | 8.0651 | 0.0305 | pay 0.0038% / 1h | 13m 45s | $33K | $463 | 10x |
| Short | Variational Omni GMX | 8.0789 | 0.0100 | get 0.0100% / 8h | 5h 13m | $21K | $54K | — |
Kraken Futures PF_GMXUSD
Variational Omni GMXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni 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
- −$43.01
- Price spread: +0.172% → 0.000%
- $17.17
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$35.84
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: Kraken Futures: no order-book sample; Variational Omni: no order-book sample. 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 Variational Omni no order-book sample | — | — | — | — | — |
Kraken Futures and Variational Omni: 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 | 7.6100 | −5.643% | $4K | $4K | 5.5x | as long as short |
| Binance GMXUSDT | +0.0100% | 8h | 8.0782 | +0.163% | $2.3M | $1.9M | 50x | as long as short |
| Bybit GMXUSDT | +0.0100% | 8h | 8.0780 | +0.160% | $839K | $245K | 20x | as long as short |
| OKX GMX-USDT-SWAP | +0.0100% | 8h | 8.0670 | +0.024% | $298K | $502K | 20x | as long as short |
| Gate GMX_USDT | +0.0100% | 8h | 8.0600 | −0.063% | $199K | $77K | 33x | as long as short |
| MEXC GMX_USDT | +0.0100% | 8h | 8.0790 | +0.173% | $380K | $178K | 125x | as long as short |
| KuCoin GMXUSDTM | +0.0100% | 8h | 8.0700 | +0.061% | $161K | $54K | 30x | as long as short |
| Bitget GMXUSDT | +0.0100% | 8h | 8.0700 | +0.061% | $419K | $203K | 50x | as long as short |
| BingX GMX-USDT | +0.0100% | 8h | 8.0760 | +0.135% | — | $2.3M | — | as long as short |
| Variational Omni GMXshort | +0.0100% | 8h | 8.0789 | +0.172% | $21K | $54K | — |
Injective GMX/USDC PERP
Binance GMXUSDT
Bybit GMXUSDT
OKX GMX-USDT-SWAP
Gate GMX_USDT
MEXC GMX_USDT
KuCoin GMXUSDTM
Bitget GMXUSDT
BingX GMX-USDTShow 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 | +0.259% | $110K | $26K | 50x | as long as short |
| Hyperliquid GMX | +0.0171% | 1h | 8.0875 | +0.278% | $903K | $154K | 3x | as long as short |
| Kraken Futures PF_GMXUSDlong | +0.0305% | 1h | 8.0651 | long leg | $33K | $463 | 10x | |
| GMX GMX/USD [GMX-USDC] | L +0.0417% / S −0.0142% | 1h | 8.0678 | +0.033% | $396K | — | 100x | as long as short |
| Lighter GMX | +0.0544% | 1h | 8.0906 | +0.317% | $77K | $90K | 5x | as long as short |
BloFin GMX-USDT
Hyperliquid GMX
GMX GMX/USD [GMX-USDC]
Lighter GMX