Funding you earn now, next payment 12:00 UTC−0.0028%/8h= −3.1% APRpaid last 24h −0.057%
Price spread now: MEXC against Lighter−0.357%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.133%−$13 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and MEXC is 0.357% cheaper against Lighter than usual: you would sell low and buy high (−$36 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter GMX | 8.0949 | 0.0128 | pay 0.0016% / 1h | 10m 46s | $77K | $78K | 5x |
| Short | MEXC GMX_USDT | 8.0660 | 0.0100 | get 0.0100% / 8h | 4h 10m | $375K | $139K | 125x |
Lighter GMX
MEXC GMX_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against Lighter. 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
- −$5.88
- Price spread: −0.357% → 0.000%
- −$35.7
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$45.58
- Costs to cover
- 0.040%
- Break-even
- never at this rate
Slippage unknown: Lighter: no order-book sample; MEXC: live order book, 13 min ago. 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 Lighter no order-book sample | — | — | — | — | — |
| Sell MEXC live order book, 13 min ago | 1.25 bp | 8.4 bp −$8 | 135.2 bp −$1,352 | 292.4 bp −$29.2K | doesn't fit |
Lighter: 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 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 | −0.1041% | 1h | 8.0576 | −0.461% | $33K | $398 | 10x | as long as short |
| Injective GMX/USDC PERP | +0.0033% | 1h | 7.5200 | −7.102% | $4K | $3K | 5.5x | as long as short |
| BloFin GMX-USDT | +0.0090% | 8h | 8.0610 | −0.419% | $107K | $25K | 50x | as long as short |
| Binance GMXUSDT | +0.0100% | 8h | 8.0650 | −0.369% | $2.3M | $1.6M | 50x | as long as short |
| Bybit GMXUSDT | +0.0100% | 8h | 8.0580 | −0.456% | $824K | $208K | 20x | as long as short |
| OKX GMX-USDT-SWAP | +0.0100% | 8h | 8.0500 | −0.555% | $290K | $289K | 20x | as long as short |
| Gate GMX_USDT | +0.0100% | 8h | 8.0470 | −0.592% | $193K | $62K | 33x | as long as short |
| MEXC GMX_USDTshort | +0.0100% | 8h | 8.0660 | −0.357% | $375K | $139K | 125x | |
| KuCoin GMXUSDTM | +0.0100% | 8h | 8.0480 | −0.579% | $165K | $43K | 30x | as long as short |
| Bitget GMXUSDT | +0.0100% | 8h | 8.0580 | −0.456% | $408K | $160K | 50x | as long as short |
Kraken Futures PF_GMXUSD
Injective GMX/USDC PERP
BloFin GMX-USDT
Binance GMXUSDT
Bybit GMXUSDT
OKX GMX-USDT-SWAP
Gate GMX_USDT
KuCoin GMXUSDTM
Bitget GMXUSDTShow all 15 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX GMX-USDT | +0.0100% | 8h | 8.0550 | −0.493% | — | $2.3M | — | as long as short |
| Variational Omni GMX | +0.0100% | 8h | 8.0472 | −0.589% | $21K | $48K | — | as long as short |
| Lighter GMXlong | +0.0128% | 1h | 8.0949 | long leg | $77K | $78K | 5x | |
| Hyperliquid GMX | +0.0312% | 1h | 8.0784 | −0.204% | $896K | $114K | 3x | as long as short |
| GMX GMX/USD [GMX-USDC] | L +0.0547% / S −0.0176% | 1h | 8.0602 | −0.428% | $454K | — | 100x | as long as short |
BingX GMX-USDT
Variational Omni GMX
Hyperliquid GMX
GMX GMX/USD [GMX-USDC]