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 OKX+0.148%7-day average +0.051% · you sell dearer than you buy
Net, funding: paid 7d − costs−$119as in the Funding arb table
Net, price: spread back to 7d avg − costs−$116as in the Price arb table
costs, in and out, $10k−$1261.261% of the position
Funding, last 7 days+0.073%+$7 on $10k
+Price spread, last 4 days (all we have)−0.229%−$23 · spread now +0.148%, 7d avg +0.051%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.097% dearer against OKX than usual: you sell high and buy low, +$10 on $10k if it goes back to its 7-day average of +0.051%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX GMX-USDT-SWAP | 8.1340 | 0.0100 | pay 0.0100% / 8h | 7h 40m | $298K | $549K | 20x |
| Short | BingX GMX-USDT | 8.1460 | 0.0100 | get 0.0100% / 8h | 7h 40m | — | $2.3M | — |
OKX GMX-USDT-SWAP
BingX GMX-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against OKX. 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: +0.148% → +0.051%
- $9.66
- Slippage, 4 orders
- −$106.06
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$116.4
- Costs to cover
- 1.261%
- Break-even
- never at this rate
Slippage from OKX: live order book, 30 min ago; BingX: live order book, 3 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 OKX live order book, 30 min ago | 8.03 bp | 32.4 bp −$32 | 9619.4 bp −$96.2K | doesn't fit | doesn't fit |
| Sell BingX live order book, 3 min ago | 4.91 bp | 34.4 bp −$34 | 88.0 bp −$880 | 478.9 bp −$47.9K | 536.2 bp −$268.1K |
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 | 7.6700 | −5.704% | $4K | $5K | 5.5x | as long as short |
| Kraken Futures PF_GMXUSD | −0.0607% | 1h | 8.1492 | +0.187% | $33K | $600 | 10x | as long as short |
| BloFin GMX-USDT | +0.0092% | 8h | 8.1500 | +0.197% | $110K | $31K | 50x | as long as short |
| Hyperliquid GMX | +0.0100% | 1h | 8.1633 | +0.360% | $933K | $167K | 3x | as long as short |
| Binance GMXUSDT | +0.0100% | 8h | 8.1500 | +0.197% | $2.3M | $2.0M | 50x | as long as short |
| Bybit GMXUSDT | +0.0100% | 8h | 8.1500 | +0.197% | $850K | $266K | 20x | as long as short |
| OKX GMX-USDT-SWAPlong | +0.0100% | 8h | 8.1340 | long leg | $298K | $549K | 20x | |
| Gate GMX_USDT | +0.0100% | 8h | 8.1340 | 0.000% | $205K | $77K | 33x | as long as short |
| MEXC GMX_USDT | +0.0100% | 8h | 8.1540 | +0.246% | $404K | $174K | 125x | as long as short |
| KuCoin GMXUSDTM | +0.0100% | 8h | 8.1390 | +0.061% | $184K | $36K | 30x | as long as short |
Injective GMX/USDC PERP
Kraken Futures PF_GMXUSD
BloFin GMX-USDT
Hyperliquid GMX
Binance GMXUSDT
Bybit GMXUSDT
Gate GMX_USDT
MEXC GMX_USDT
KuCoin GMXUSDTMShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget GMXUSDT | +0.0100% | 8h | 8.1400 | +0.074% | $408K | $202K | 50x | as long as short |
| BingX GMX-USDTshort | +0.0100% | 8h | 8.1460 | +0.148% | — | $2.3M | — | |
| Variational Omni GMX | +0.0100% | 8h | 8.1412 | +0.089% | $21K | $54K | — | as long as short |
| Lighter GMX | +0.0208% | 1h | 8.1855 | +0.633% | $78K | $93K | 5x | as long as short |
| GMX GMX/USD [GMX-USDC] | L +0.0416% / S −0.0141% | 1h | 8.1515 | +0.215% | $399K | — | 100x | as long as short |
Bitget GMXUSDT
Variational Omni GMX
Lighter GMX
GMX GMX/USD [GMX-USDC]