Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against KuCoin−0.025%7-day average +0.097% · you buy dearer than you sell
Net, funding: paid 7d − costs−$906as in the Funding arb table
Net, price: spread back to 7d avg − costs−$919as in the Price arb table
costs, in and out, $10k−$9079.070% of the position
Funding, last 7 days+0.006%+$1 on $10k
+Price spread, last 4 days (all we have)+0.175%+$18 · spread now −0.025%, 7d avg +0.097%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.122% cheaper against KuCoin than usual: you would sell low and buy high, −$12 on $10k if it goes back to its 7-day average of +0.097%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin GMXUSDTM | 7.9950 | 0.0100 | pay 0.0100% / 8h | 1h 54m | $159K | $56K | 30x |
| Short | MEXC GMX_USDT | 7.9930 | 0.0100 | get 0.0100% / 8h | 1h 54m | $376K | $176K | 125x |
KuCoin GMXUSDTM
MEXC GMX_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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: −0.025% → +0.097%
- −$12.17
- Slippage, 4 orders
- −$890.96
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$919.13
- Costs to cover
- 9.070%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 61 min ago; MEXC: live order book, 36 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, 61 min ago | 47.72 bp | 558.6 bp −$559 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 36 min ago | 3.76 bp | 9.3 bp −$9 | 116.9 bp −$1,169 | 293.2 bp −$29.3K | doesn't fit |
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 | 7.5400 | −5.691% | $4K | $4K | 5.5x | as long as short |
| Kraken Futures PF_GMXUSD | −0.0471% | 1h | 7.9981 | +0.038% | $33K | $463 | 10x | as long as short |
| BloFin GMX-USDT | +0.0079% | 8h | 8.0000 | +0.063% | $107K | $26K | 50x | as long as short |
| Binance GMXUSDT | +0.0100% | 8h | 7.9958 | +0.010% | $2.3M | $1.8M | 50x | as long as short |
| Bybit GMXUSDT | +0.0100% | 8h | 7.9950 | 0.000% | $821K | $243K | 20x | as long as short |
| OKX GMX-USDT-SWAP | +0.0100% | 8h | 7.9900 | −0.063% | $293K | $428K | 20x | as long as short |
| Gate GMX_USDT | +0.0100% | 8h | 8.0000 | +0.063% | $194K | $70K | 33x | as long as short |
| MEXC GMX_USDTshort | +0.0100% | 8h | 7.9930 | −0.025% | $376K | $176K | 125x | |
| KuCoin GMXUSDTMlong | +0.0100% | 8h | 7.9950 | long leg | $159K | $56K | 30x | |
| Bitget GMXUSDT | +0.0100% | 8h | 7.9920 | −0.038% | $414K | $192K | 50x | as long as short |
Injective GMX/USDC PERP
Kraken Futures PF_GMXUSD
BloFin GMX-USDT
Binance GMXUSDT
Bybit GMXUSDT
OKX GMX-USDT-SWAP
Gate GMX_USDT
Bitget GMXUSDTShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX GMX-USDT | +0.0100% | 8h | 7.9990 | +0.050% | — | $2.3M | — | as long as short |
| Variational Omni GMX | +0.0100% | 8h | 8.0056 | +0.133% | $21K | $53K | — | as long as short |
| GMX GMX/USD [GMX-USDC] | L +0.0417% / S −0.0142% | 1h | 7.9931 | −0.024% | $392K | — | 100x | as long as short |
| Hyperliquid GMX | +0.0466% | 1h | 8.0043 | +0.116% | $887K | $143K | 3x | as long as short |
| Lighter GMX | +0.0680% | 1h | 8.0145 | +0.244% | $76K | $89K | 5x | as long as short |
BingX GMX-USDT
Variational Omni GMX
GMX GMX/USD [GMX-USDC]
Hyperliquid GMX
Lighter GMX