Settings8H · net · $10k
Funding arb · Price arb /

GMX

all GMX markets
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Alert: funding
Alert: spread
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: Variational Omni against KuCoin+0.456%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Variational Omni is 0.456% dearer against KuCoin than usual: you sell high and buy low, +$46 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin GMXUSDTM8.02900.0100pay 0.0100% / 8h4h 26m$159K$54K30x
ShortVariational Omni GMX8.06560.0100get 0.0100% / 8h4h 26m$21K$54K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni against KuCoin. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: +0.456% → 0.000%
$45.57
Slippage, 4 orders
no order book: not counted
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Variational Omni: 0 bp × 2 orders
$0
Net
$33.57
Costs to cover
0.120%
Break-even
from the start
Slippage unknown: KuCoin: live order book, 53 min ago; 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
LegHalf-spread$10k$100k$1M$5M
Buy KuCoin live order book, 53 min ago79.87 bp514.8 bp −$515doesn't fitdoesn't fitdoesn't fit
Sell Variational Omni no order-book sample
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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective GMX/USDC PERP−0.5000%1h7.5900−5.468%$4K$4K5.5xas long as short
Binance GMXUSDT+0.0100%8h8.0494+0.254%$2.3M$1.9M50xas long as short
Bybit GMXUSDT+0.0100%8h8.0480+0.237%$829K$246K20xas long as short
OKX GMX-USDT-SWAP+0.0100%8h8.0470+0.224%$296K$493K20xas long as short
Gate GMX_USDT+0.0100%8h8.0500+0.262%$198K$73K33xas long as short
MEXC GMX_USDT+0.0100%8h8.0470+0.224%$378K$178K125xas long as short
KuCoin GMXUSDTMlong+0.0100%8h8.0290long leg$159K$54K30x
Bitget GMXUSDT+0.0100%8h8.0410+0.149%$417K$207K50xas long as short
BingX GMX-USDT+0.0100%8h8.0510+0.274%$2.3Mas long as short
Variational Omni GMXshort+0.0100%8h8.0656+0.456%$21K$54K
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin GMX-USDT+0.0122%8h8.0650+0.448%$109K$26K50xas long as short
Kraken Futures PF_GMXUSD+0.0194%1h8.0508+0.271%$33K$46310xas long as short
Lighter GMX+0.0312%1h8.0737+0.557%$77K$90K5xas long as short
Hyperliquid GMX+0.0371%1h8.0621+0.412%$896K$149K3xas long as short
GMX GMX/USD [GMX-USDC]L +0.0417% / S −0.0142%1h8.0438+0.184%$394K100xas long as short