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: KuCoin against OKX−0.112%7-day average +0.006% · you buy dearer than you sell
Net, funding: paid 7d − costs−$951as in the Funding arb table
Net, price: spread back to 7d avg − costs−$967as in the Price arb table
costs, in and out, $10k−$9559.554% of the position
Funding, last 7 days+0.048%+$5 on $10k
+Price spread, last 4 days (all we have)−0.155%−$16 · spread now −0.112%, 7d avg +0.006%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.118% cheaper against OKX than usual: you would sell low and buy high, −$12 on $10k if it goes back to its 7-day average of +0.006%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX GMX-USDT-SWAP | 8.0200 | 0.0100 | pay 0.0100% / 8h | 1h 57m | $294K | $430K | 20x |
| Short | KuCoin GMXUSDTM | 8.0110 | 0.0100 | get 0.0100% / 8h | 1h 57m | $159K | $56K | 30x |
OKX GMX-USDT-SWAP
KuCoin GMXUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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: −0.112% → +0.006%
- −$11.77
- Slippage, 4 orders
- −$933.4
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$967.17
- Costs to cover
- 9.554%
- Break-even
- never at this rate
Slippage from OKX: live order book, 48 min ago; KuCoin: live order book, 58 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, 48 min ago | 6.86 bp | 35.8 bp −$36 | 6756.9 bp −$67.6K | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 58 min ago | 47.72 bp | 325.1 bp −$325 | 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 | 7.5500 | −5.860% | $4K | $4K | 5.5x | as long as short |
| Kraken Futures PF_GMXUSD | −0.0470% | 1h | 8.0157 | −0.054% | $33K | $463 | 10x | as long as short |
| Binance GMXUSDT | +0.0100% | 8h | 8.0190 | −0.012% | $2.3M | $1.8M | 50x | as long as short |
| Bybit GMXUSDT | +0.0100% | 8h | 8.0160 | −0.050% | $823K | $243K | 20x | as long as short |
| OKX GMX-USDT-SWAPlong | +0.0100% | 8h | 8.0200 | long leg | $294K | $430K | 20x | |
| Gate GMX_USDT | +0.0100% | 8h | 8.0060 | −0.175% | $195K | $70K | 33x | as long as short |
| MEXC GMX_USDT | +0.0100% | 8h | 8.0190 | −0.012% | $377K | $176K | 125x | as long as short |
| KuCoin GMXUSDTMshort | +0.0100% | 8h | 8.0110 | −0.112% | $159K | $56K | 30x | |
| Bitget GMXUSDT | +0.0100% | 8h | 8.0110 | −0.112% | $415K | $192K | 50x | as long as short |
| BingX GMX-USDT | +0.0100% | 8h | 8.0200 | 0.000% | — | $2.3M | — | as long as short |
Injective GMX/USDC PERP
Kraken Futures PF_GMXUSD
Binance GMXUSDT
Bybit GMXUSDT
Gate GMX_USDT
MEXC GMX_USDT
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 | 8.0225 | +0.031% | $21K | $53K | — | as long as short |
| BloFin GMX-USDT | +0.0124% | 8h | 8.0240 | +0.050% | $107K | $26K | 50x | as long as short |
| GMX GMX/USD [GMX-USDC] | L +0.0417% / S −0.0142% | 1h | 8.0091 | −0.136% | $393K | — | 100x | as long as short |
| Hyperliquid GMX | +0.0450% | 1h | 8.0319 | +0.148% | $890K | $149K | 3x | as long as short |
| Lighter GMX | +0.0776% | 1h | 8.0339 | +0.173% | $76K | $89K | 5x | as long as short |
Variational Omni GMX
BloFin GMX-USDT
GMX GMX/USD [GMX-USDC]
Hyperliquid GMX
Lighter GMX