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: Binance against MEXC+0.003%7-day average +0.003% · you sell dearer than you buy
Net, funding: paid 7d − costs−$68as in the Funding arb table
Net, price: spread back to 7d avg − costs−$68as in the Price arb table
costs, in and out, $10k−$680.683% of the position
Funding, last 7 days−0.001%$0 on $10k
+Price spread, last 4 days (all we have)+0.047%+$5 · spread now +0.003%, 7d avg +0.003%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC GMX_USDT | 8.0860 | 0.0100 | pay 0.0100% / 8h | 6h 49m | $380K | $179K | 125x |
| Short | Binance GMXUSDT | 8.0862 | 0.0100 | get 0.0100% / 8h | 6h 49m | $2.3M | $1.9M | 50x |
MEXC GMX_USDT
Binance GMXUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against MEXC. 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: +0.003% → +0.003%
- −$0.01
- Slippage, 4 orders
- −$54.28
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$68.29
- Costs to cover
- 0.683%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 1 min ago; Binance: live order book, 15 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 MEXC live order book, 1 min ago | 1.24 bp | 9.0 bp −$9 | 95.5 bp −$955 | 293.4 bp −$29.3K | doesn't fit |
| Sell Binance live order book, 15 min ago | 0.62 bp | 26.7 bp −$27 | 113.7 bp −$1,137 | 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 | 7.5900 | −6.134% | $4K | $4K | 5.5x | as long as short |
| Kraken Futures PF_GMXUSD | −0.0545% | 1h | 8.0764 | −0.119% | $33K | $600 | 10x | as long as short |
| BloFin GMX-USDT | +0.0071% | 8h | 8.0500 | −0.445% | $110K | $26K | 50x | as long as short |
| Binance GMXUSDTshort | +0.0100% | 8h | 8.0862 | +0.003% | $2.3M | $1.9M | 50x | |
| Bybit GMXUSDT | +0.0100% | 8h | 8.0800 | −0.074% | $844K | $260K | 20x | as long as short |
| OKX GMX-USDT-SWAP | +0.0100% | 8h | 8.0800 | −0.074% | $297K | $528K | 20x | as long as short |
| Gate GMX_USDT | +0.0100% | 8h | 8.0480 | −0.470% | $198K | $78K | 33x | as long as short |
| MEXC GMX_USDTlong | +0.0100% | 8h | 8.0860 | long leg | $380K | $179K | 125x | |
| KuCoin GMXUSDTM | +0.0100% | 8h | 8.0930 | +0.087% | $182K | $37K | 30x | as long as short |
| Bitget GMXUSDT | +0.0100% | 8h | 8.0750 | −0.136% | $405K | $207K | 50x | as long as short |
Injective GMX/USDC PERP
Kraken Futures PF_GMXUSD
BloFin GMX-USDT
Bybit GMXUSDT
OKX GMX-USDT-SWAP
Gate GMX_USDT
KuCoin GMXUSDTM
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 | 8.0700 | −0.198% | — | $2.3M | — | as long as short |
| Variational Omni GMX | +0.0100% | 8h | 8.0633 | −0.281% | $21K | $54K | — | as long as short |
| Hyperliquid GMX | +0.0284% | 1h | 8.0973 | +0.140% | $923K | $149K | 3x | as long as short |
| Lighter GMX | +0.0384% | 1h | 8.1019 | +0.197% | $77K | $92K | 5x | as long as short |
| GMX GMX/USD [GMX-USDC] | L +0.0416% / S −0.0141% | 1h | 8.0689 | −0.211% | $395K | — | 100x | as long as short |
BingX GMX-USDT
Variational Omni GMX
Hyperliquid GMX
Lighter GMX
GMX GMX/USD [GMX-USDC]