Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Gate against MEXC+0.012%7-day average −0.183% · you sell dearer than you buy
Net, funding: paid 7d − costs−$707as in the Funding arb table
Net, price: spread back to 7d avg − costs−$689as in the Price arb table
costs, in and out, $10k−$7097.089% of the position
Funding, last 7 days+0.019%+$2 on $10k
+Price spread, last 4 days (all we have)−0.065%−$7 · spread now +0.012%, 7d avg −0.183%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.196% dearer against MEXC than usual: you sell high and buy low, +$20 on $10k if it goes back to its 7-day average of −0.183%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC GMX_USDT | 8.0270 | 0.0100 | pay 0.0100% / 8h | 7h 39m | $374K | $157K | 125x |
| Short | Gate GMX_USDT | 8.0280 | 0.0100 | get 0.0100% / 8h | 7h 39m | $195K | $60K | 33x |
MEXC GMX_USDT
Gate GMX_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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: +0.012% → −0.183%
- $19.59
- Slippage, 4 orders
- −$689.87
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$689.29
- Costs to cover
- 7.089%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 41 min ago; Gate: live order book, 52 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, 41 min ago | 2.50 bp | 13.4 bp −$13 | 145.6 bp −$1,456 | 295.4 bp −$29.5K | doesn't fit |
| Sell Gate live order book, 52 min ago | 4.39 bp | 327.8 bp −$328 | doesn't fit | 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 | 7.5600 | −5.818% | $4K | $3K | 5.5x | as long as short |
| Kraken Futures PF_GMXUSD | −0.0167% | 1h | 8.0233 | −0.046% | $33K | $463 | 10x | as long as short |
| BloFin GMX-USDT | +0.0083% | 8h | 8.0330 | +0.075% | $107K | $25K | 50x | as long as short |
| Lighter GMX | +0.0096% | 1h | 8.0421 | +0.188% | $76K | $87K | 5x | as long as short |
| Hyperliquid GMX | +0.0100% | 1h | 8.0361 | +0.113% | $891K | $126K | 3x | as long as short |
| Binance GMXUSDT | +0.0100% | 8h | 8.0280 | +0.012% | $2.3M | $1.7M | 50x | as long as short |
| Bybit GMXUSDT | +0.0100% | 8h | 8.0290 | +0.025% | $819K | $239K | 20x | as long as short |
| OKX GMX-USDT-SWAP | +0.0100% | 8h | 8.0340 | +0.087% | $290K | $379K | 20x | as long as short |
| Gate GMX_USDTshort | +0.0100% | 8h | 8.0280 | +0.012% | $195K | $60K | 33x | |
| MEXC GMX_USDTlong | +0.0100% | 8h | 8.0270 | long leg | $374K | $157K | 125x |
Injective GMX/USDC PERP
Kraken Futures PF_GMXUSD
BloFin GMX-USDT
Lighter GMX
Hyperliquid GMX
Binance GMXUSDT
Bybit GMXUSDT
OKX GMX-USDT-SWAPShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin GMXUSDTM | +0.0100% | 8h | 8.0100 | −0.212% | $161K | $56K | 30x | as long as short |
| Bitget GMXUSDT | +0.0100% | 8h | 8.0290 | +0.025% | $413K | $188K | 50x | as long as short |
| BingX GMX-USDT | +0.0100% | 8h | 8.0260 | −0.012% | — | $2.3M | — | as long as short |
| Variational Omni GMX | +0.0100% | 8h | 8.0272 | +0.002% | $21K | $53K | — | as long as short |
| GMX GMX/USD [GMX-USDC] | L +0.0453% / S −0.0142% | 1h | 8.0231 | −0.048% | $394K | — | 100x | as long as short |
KuCoin GMXUSDTM
Bitget GMXUSDT
BingX GMX-USDT
Variational Omni GMX
GMX GMX/USD [GMX-USDC]