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: OKX against KuCoin−0.062%7-day average +0.007% · you buy dearer than you sell
Net, funding: paid 7d − costs−$607as in the Funding arb table
Net, price: spread back to 7d avg − costs−$609as in the Price arb table
costs, in and out, $10k−$6026.024% of the position
Funding, last 7 days−0.044%−$4 on $10k
+Price spread, last 4 days (all we have)+0.508%+$51 · spread now −0.062%, 7d avg +0.007%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.069% cheaper against KuCoin than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of +0.007%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin GMXUSDTM | 8.0670 | 0.0100 | pay 0.0100% / 8h | 6h 58m | $166K | $49K | 30x |
| Short | OKX GMX-USDT-SWAP | 8.0620 | 0.0100 | get 0.0100% / 8h | 6h 58m | $291K | $329K | 20x |
KuCoin GMXUSDTM
OKX GMX-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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: −0.062% → +0.007%
- −$6.88
- Slippage, 4 orders
- −$580.44
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$609.33
- Costs to cover
- 6.024%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 22 min ago; OKX: live order book, 32 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, 22 min ago | 21.21 bp | 232.6 bp −$233 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 32 min ago | 6.27 bp | 29.9 bp −$30 | doesn't fit | doesn't fit | 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 | 7.6000 | −5.789% | $4K | $3K | 5.5x | as long as short |
| Kraken Futures PF_GMXUSD | −0.0122% | 1h | 8.0629 | −0.051% | $33K | $463 | 10x | as long as short |
| Binance GMXUSDT | +0.0100% | 8h | 8.0681 | +0.014% | $2.3M | $1.7M | 50x | as long as short |
| Bybit GMXUSDT | +0.0100% | 8h | 8.0640 | −0.037% | $820K | $229K | 20x | as long as short |
| OKX GMX-USDT-SWAPshort | +0.0100% | 8h | 8.0620 | −0.062% | $291K | $329K | 20x | |
| Gate GMX_USDT | +0.0100% | 8h | 8.0600 | −0.087% | $200K | $56K | 33x | as long as short |
| MEXC GMX_USDT | +0.0100% | 8h | 8.0680 | +0.012% | $377K | $138K | 125x | as long as short |
| KuCoin GMXUSDTMlong | +0.0100% | 8h | 8.0670 | long leg | $166K | $49K | 30x | |
| Bitget GMXUSDT | +0.0100% | 8h | 8.0710 | +0.050% | $413K | $171K | 50x | as long as short |
| BingX GMX-USDT | +0.0100% | 8h | 8.0700 | +0.037% | — | $2.3M | — | as long as short |
Injective GMX/USDC PERP
Kraken Futures PF_GMXUSD
Binance GMXUSDT
Bybit GMXUSDT
Gate GMX_USDT
MEXC GMX_USDT
Bitget GMXUSDT
BingX GMX-USDTShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni GMX | +0.0100% | 8h | 8.0655 | −0.018% | $21K | $48K | — | as long as short |
| BloFin GMX-USDT | +0.0122% | 8h | 8.0760 | +0.112% | $106K | $25K | 50x | as long as short |
| Hyperliquid GMX | +0.0190% | 1h | 8.0796 | +0.156% | $896K | $125K | 3x | as long as short |
| Lighter GMX | +0.0432% | 1h | 8.0915 | +0.304% | $77K | $85K | 5x | as long as short |
| GMX GMX/USD [GMX-USDC] | L +0.0461% / S −0.0145% | 1h | 8.0724 | +0.067% | $402K | — | 100x | as long as short |
Variational Omni GMX
BloFin GMX-USDT
Hyperliquid GMX
Lighter GMX
GMX GMX/USD [GMX-USDC]