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: BingX against MEXC+0.062%7-day average −0.048% · you sell dearer than you buy
Net, funding: paid 7d − costs−$79as in the Funding arb table
Net, price: spread back to 7d avg − costs−$70as in the Price arb table
costs, in and out, $10k−$810.806% of the position
Funding, last 7 days+0.019%+$2 on $10k
+Price spread, last 4 days (all we have)−0.065%−$6 · spread now +0.062%, 7d avg −0.048%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.110% dearer against MEXC than usual: you sell high and buy low, +$11 on $10k if it goes back to its 7-day average of −0.048%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC GMX_USDT | 8.0640 | 0.0100 | pay 0.0100% / 8h | 6h 48m | $379K | $179K | 125x |
| Short | BingX GMX-USDT | 8.0690 | 0.0100 | get 0.0100% / 8h | 6h 48m | — | $2.3M | — |
MEXC GMX_USDT
BingX GMX-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX 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: +0.062% → −0.048%
- $11.02
- Slippage, 4 orders
- −$66.62
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$69.59
- Costs to cover
- 0.806%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 2 min ago; BingX: live order book, 14 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, 2 min ago | 1.24 bp | 9.0 bp −$9 | 95.5 bp −$955 | 293.4 bp −$29.3K | doesn't fit |
| Sell BingX live order book, 14 min ago | 6.79 bp | 33.1 bp −$33 | 71.0 bp −$710 | 434.2 bp −$43.4K | 491.4 bp −$245.7K |
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 | 7.6100 | −5.630% | $4K | $4K | 5.5x | as long as short |
| Kraken Futures PF_GMXUSD | −0.0545% | 1h | 8.0770 | +0.161% | $33K | $600 | 10x | as long as short |
| BloFin GMX-USDT | +0.0083% | 8h | 8.0840 | +0.248% | $110K | $26K | 50x | as long as short |
| Binance GMXUSDT | +0.0100% | 8h | 8.0690 | +0.062% | $2.3M | $1.9M | 50x | as long as short |
| Bybit GMXUSDT | +0.0100% | 8h | 8.0670 | +0.037% | $843K | $260K | 20x | as long as short |
| OKX GMX-USDT-SWAP | +0.0100% | 8h | 8.0720 | +0.099% | $297K | $527K | 20x | as long as short |
| Gate GMX_USDT | +0.0100% | 8h | 8.0520 | −0.149% | $199K | $78K | 33x | as long as short |
| MEXC GMX_USDTlong | +0.0100% | 8h | 8.0640 | long leg | $379K | $179K | 125x | |
| KuCoin GMXUSDTM | +0.0100% | 8h | 8.0880 | +0.298% | $182K | $37K | 30x | as long as short |
| Bitget GMXUSDT | +0.0100% | 8h | 8.0580 | −0.074% | $404K | $207K | 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
KuCoin GMXUSDTM
Bitget GMXUSDTShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX GMX-USDTshort | +0.0100% | 8h | 8.0690 | +0.062% | — | $2.3M | — | |
| Variational Omni GMX | +0.0100% | 8h | 8.0633 | −0.009% | $21K | $54K | — | as long as short |
| Hyperliquid GMX | +0.0305% | 1h | 8.0871 | +0.286% | $922K | $149K | 3x | as long as short |
| GMX GMX/USD [GMX-USDC] | L +0.0416% / S −0.0141% | 1h | 8.0752 | +0.139% | $396K | — | 100x | as long as short |
| Lighter GMX | +0.0424% | 1h | 8.0937 | +0.368% | $77K | $92K | 5x | as long as short |
Variational Omni GMX
Hyperliquid GMX
GMX GMX/USD [GMX-USDC]
Lighter GMX