Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against KuCoin+0.300%7-day average +0.118% · you sell dearer than you buy
Net, funding: paid 7d − costs−$574as in the Funding arb table
Net, price: spread back to 7d avg − costs−$556as in the Price arb table
costs, in and out, $10k−$5745.739% of the position
Funding, last 7 days+0.001%$0 on $10k
+Price spread, last 4 days (all we have)−0.082%−$8 · spread now +0.300%, 7d avg +0.118%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.182% dearer against KuCoin than usual: you sell high and buy low, +$18 on $10k if it goes back to its 7-day average of +0.118%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin GMXUSDTM | 8.0020 | 0.0100 | pay 0.0100% / 8h | 5h 30m | $165K | $43K | 30x |
| Short | Binance GMXUSDT | 8.0260 | 0.0100 | get 0.0100% / 8h | 5h 30m | $2.3M | $1.6M | 50x |
KuCoin GMXUSDTM
Binance GMXUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against KuCoin. 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: +0.300% → +0.118%
- $18.16
- Slippage, 4 orders
- −$551.87
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$555.71
- Costs to cover
- 5.739%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 71 min ago; Binance: live order book, 12 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 KuCoin live order book, 71 min ago | 40.81 bp | 303.1 bp −$303 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 12 min ago | 1.24 bp | 32.7 bp −$33 | 121.3 bp −$1,213 | doesn't fit | doesn't fit |
GMX on 15 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_GMXUSD | −0.0640% | 1h | 8.0273 | +0.316% | $33K | $480 | 10x | as long as short |
| BloFin GMX-USDT | +0.0096% | 8h | 8.0000 | −0.025% | $106K | $25K | 50x | as long as short |
| Lighter GMX | +0.0096% | 1h | 8.0407 | +0.484% | $76K | $84K | 5x | as long as short |
| Hyperliquid GMX | +0.0100% | 1h | 8.0357 | +0.421% | $892K | $115K | 3x | as long as short |
| Binance GMXUSDTshort | +0.0100% | 8h | 8.0260 | +0.300% | $2.3M | $1.6M | 50x | |
| Bybit GMXUSDT | +0.0100% | 8h | 8.0170 | +0.187% | $826K | $214K | 20x | as long as short |
| OKX GMX-USDT-SWAP | +0.0100% | 8h | 8.0160 | +0.175% | $288K | $297K | 20x | as long as short |
| Gate GMX_USDT | +0.0100% | 8h | 8.0260 | +0.300% | $194K | $62K | 33x | as long as short |
| MEXC GMX_USDT | +0.0100% | 8h | 8.0210 | +0.237% | $379K | $137K | 125x | as long as short |
| KuCoin GMXUSDTMlong | +0.0100% | 8h | 8.0020 | long leg | $165K | $43K | 30x |
Kraken Futures PF_GMXUSD
BloFin GMX-USDT
Lighter GMX
Hyperliquid GMX
Bybit GMXUSDT
OKX GMX-USDT-SWAP
Gate GMX_USDT
MEXC GMX_USDTShow all 15 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget GMXUSDT | +0.0100% | 8h | 8.0220 | +0.250% | $410K | $160K | 50x | as long as short |
| BingX GMX-USDT | +0.0100% | 8h | 8.0170 | +0.187% | — | $2.3M | — | as long as short |
| Variational Omni GMX | +0.0100% | 8h | 8.0206 | +0.233% | $21K | $45K | — | as long as short |
| GMX GMX/USD [GMX-USDC] | L +0.0604% / S −0.0190% | 1h | 8.0283 | +0.328% | $437K | — | 100x | as long as short |
| Injective GMX/USDC PERP | +0.0742% | 1h | 8.0100 | +0.100% | $4K | $3K | 5.5x | as long as short |
Bitget GMXUSDT
BingX GMX-USDT
Variational Omni GMX
GMX GMX/USD [GMX-USDC]
Injective GMX/USDC PERP