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: Bybit against MEXC−0.025%7-day average −0.020% · you buy dearer than you sell
Net, funding: paid 7d − costs−$133as in the Funding arb table
Net, price: spread back to 7d avg − costs−$118as in the Price arb table
costs, in and out, $10k−$1181.177% of the position
Funding, last 7 days−0.149%−$15 on $10k
+Price spread, last 4 days (all we have)+0.084%+$8 · spread now −0.025%, 7d avg −0.020%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC GMX_USDT | 7.9990 | 0.0100 | pay 0.0100% / 8h | 2h 37m | $375K | $177K | 125x |
| Short | Bybit GMXUSDT | 7.9970 | 0.0100 | get 0.0100% / 8h | 2h 37m | $822K | $248K | 20x |
MEXC GMX_USDT
Bybit GMXUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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: −0.025% → −0.020%
- −$0.54
- Slippage, 4 orders
- −$102.69
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$118.22
- Costs to cover
- 1.177%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 58 min ago; Bybit: live order book, 7 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, 58 min ago | 1.24 bp | 8.2 bp −$8 | 114.0 bp −$1,140 | 291.7 bp −$29.2K | doesn't fit |
| Sell Bybit live order book, 7 min ago | 6.24 bp | 48.1 bp −$48 | 214.3 bp −$2,143 | 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 | 7.5200 | −5.988% | $4K | $4K | 5.5x | as long as short |
| Kraken Futures PF_GMXUSD | +0.0045% | 1h | 7.9776 | −0.267% | $33K | $463 | 10x | as long as short |
| Binance GMXUSDT | +0.0100% | 8h | 8.0005 | +0.019% | $2.3M | $1.9M | 50x | as long as short |
| Bybit GMXUSDTshort | +0.0100% | 8h | 7.9970 | −0.025% | $822K | $248K | 20x | |
| OKX GMX-USDT-SWAP | +0.0100% | 8h | 7.9900 | −0.113% | $293K | $489K | 20x | as long as short |
| Gate GMX_USDT | +0.0100% | 8h | 7.9720 | −0.338% | $193K | $70K | 33x | as long as short |
| MEXC GMX_USDTlong | +0.0100% | 8h | 7.9990 | long leg | $375K | $177K | 125x | |
| KuCoin GMXUSDTM | +0.0100% | 8h | 7.9900 | −0.113% | $159K | $57K | 30x | as long as short |
| Bitget GMXUSDT | +0.0100% | 8h | 7.9890 | −0.125% | $414K | $208K | 50x | as long as short |
| BingX GMX-USDT | +0.0100% | 8h | 7.9920 | −0.088% | — | $2.3M | — | as long as short |
Injective GMX/USDC PERP
Kraken Futures PF_GMXUSD
Binance GMXUSDT
OKX GMX-USDT-SWAP
Gate GMX_USDT
KuCoin GMXUSDTM
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 | 7.9933 | −0.072% | $21K | $54K | — | as long as short |
| BloFin GMX-USDT | +0.0113% | 8h | 7.9800 | −0.238% | $108K | $25K | 50x | as long as short |
| Lighter GMX | +0.0304% | 1h | 8.0115 | +0.156% | $76K | $89K | 5x | as long as short |
| GMX GMX/USD [GMX-USDC] | L +0.0417% / S −0.0142% | 1h | 7.9782 | −0.261% | $392K | — | 100x | as long as short |
| Hyperliquid GMX | +0.0432% | 1h | 8.0078 | +0.110% | $889K | $151K | 3x | as long as short |
Variational Omni GMX
BloFin GMX-USDT
Lighter GMX
GMX GMX/USD [GMX-USDC]
Hyperliquid GMX