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: OKX against MEXC−0.075%7-day average −0.099% · you buy dearer than you sell
Net, funding: paid 7d − costs−$93as in the Funding arb table
Net, price: spread back to 7d avg − costs−$86as in the Price arb table
costs, in and out, $10k−$890.887% of the position
Funding, last 7 days−0.046%−$5 on $10k
+Price spread, last 4 days (all we have)+0.197%+$20 · spread now −0.075%, 7d avg −0.099%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.024% dearer against MEXC than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of −0.099%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC GMX_USDT | 7.9690 | 0.0100 | pay 0.0100% / 8h | 4h 50m | $371K | $136K | 125x |
| Short | OKX GMX-USDT-SWAP | 7.9630 | 0.0100 | get 0.0100% / 8h | 4h 50m | $286K | $298K | 20x |
MEXC GMX_USDT
OKX GMX-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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: −0.075% → −0.099%
- $2.36
- Slippage, 4 orders
- −$74.66
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$86.29
- Costs to cover
- 0.887%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 46 min ago; OKX: live order book, 53 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, 46 min ago | 1.24 bp | 7.9 bp −$8 | 87.0 bp −$870 | 287.8 bp −$28.8K | doesn't fit |
| Sell OKX live order book, 53 min ago | 5.62 bp | 36.3 bp −$36 | doesn't fit | doesn't fit | doesn't fit |
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 | −0.1053% | 1h | 7.9685 | −0.006% | $33K | $398 | 10x | as long as short |
| Injective GMX/USDC PERP | +0.0033% | 1h | 7.5200 | −5.634% | $4K | $3K | 5.5x | as long as short |
| Lighter GMX | +0.0096% | 1h | 7.9822 | +0.166% | $76K | $78K | 5x | as long as short |
| BloFin GMX-USDT | +0.0096% | 8h | 7.9780 | +0.113% | $106K | $25K | 50x | as long as short |
| Hyperliquid GMX | +0.0100% | 1h | 7.9832 | +0.178% | $885K | $113K | 3x | as long as short |
| Binance GMXUSDT | +0.0100% | 8h | 7.9689 | −0.001% | $2.3M | $1.6M | 50x | as long as short |
| Bybit GMXUSDT | +0.0100% | 8h | 7.9620 | −0.088% | $814K | $216K | 20x | as long as short |
| OKX GMX-USDT-SWAPshort | +0.0100% | 8h | 7.9630 | −0.075% | $286K | $298K | 20x | |
| Gate GMX_USDT | +0.0100% | 8h | 7.9700 | +0.013% | $191K | $62K | 33x | as long as short |
| MEXC GMX_USDTlong | +0.0100% | 8h | 7.9690 | long leg | $371K | $136K | 125x |
Kraken Futures PF_GMXUSD
Injective GMX/USDC PERP
Lighter GMX
BloFin GMX-USDT
Hyperliquid GMX
Binance GMXUSDT
Bybit GMXUSDT
Gate GMX_USDTShow all 15 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin GMXUSDTM | +0.0100% | 8h | 7.9320 | −0.464% | $163K | $43K | 30x | as long as short |
| Bitget GMXUSDT | +0.0100% | 8h | 7.9710 | +0.025% | $406K | $163K | 50x | as long as short |
| BingX GMX-USDT | +0.0100% | 8h | 7.9660 | −0.038% | — | $2.3M | — | as long as short |
| Variational Omni GMX | +0.0100% | 8h | 7.9744 | +0.068% | $20K | $47K | — | as long as short |
| GMX GMX/USD [GMX-USDC] | L +0.0610% / S −0.0199% | 1h | 7.9632 | −0.073% | $434K | — | 100x | as long as short |
KuCoin GMXUSDTM
Bitget GMXUSDT
BingX GMX-USDT
Variational Omni GMX
GMX GMX/USD [GMX-USDC]