Funding you earn now, next payment 04:00 UTC+0.0204%/8h= +22.3% APRpaid last 24h +0.054%
Price spread now: Lighter against OKX+0.252%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.168%+$17 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Lighter is 0.252% dearer against OKX than usual: you sell high and buy low: +$25 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX GMX-USDT-SWAP | 8.0470 | 0.0100 | pay 0.0100% / 8h | 4h 26m | $296K | $493K | 20x |
| Short | Lighter GMX | 8.0673 | 0.0304 | get 0.0038% / 1h | 26m 15s | $77K | $90K | 5x |
OKX GMX-USDT-SWAP
Lighter GMXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter 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
- $42.84
- Price spread: +0.252% → 0.000%
- $25.23
- Slippage, 4 orders
- no order book: not counted
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $58.07
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: OKX: live order book, 30 min ago; Lighter: no order-book sample. Net counts fees only.
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 | 3.72 bp | 39.3 bp −$39 | 9903.9 bp −$99.0K | doesn't fit | doesn't fit |
| Sell Lighter no order-book sample | — | — | — | — | — |
Lighter: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | 7.5900 | −5.679% | $4K | $4K | 5.5x | as long as short |
| Binance GMXUSDT | +0.0100% | 8h | 8.0476 | +0.008% | $2.3M | $1.9M | 50x | as long as short |
| Bybit GMXUSDT | +0.0100% | 8h | 8.0480 | +0.012% | $829K | $246K | 20x | as long as short |
| OKX GMX-USDT-SWAPlong | +0.0100% | 8h | 8.0470 | long leg | $296K | $493K | 20x | |
| Gate GMX_USDT | +0.0100% | 8h | 8.0500 | +0.037% | $198K | $73K | 33x | as long as short |
| MEXC GMX_USDT | +0.0100% | 8h | 8.0490 | +0.025% | $378K | $178K | 125x | as long as short |
| KuCoin GMXUSDTM | +0.0100% | 8h | 8.0230 | −0.298% | $159K | $54K | 30x | as long as short |
| Bitget GMXUSDT | +0.0100% | 8h | 8.0440 | −0.037% | $417K | $207K | 50x | as long as short |
| BingX GMX-USDT | +0.0100% | 8h | 8.0510 | +0.050% | — | $2.3M | — | as long as short |
| Variational Omni GMX | +0.0100% | 8h | 8.0656 | +0.231% | $21K | $54K | — | as long as short |
Injective GMX/USDC PERP
Binance GMXUSDT
Bybit GMXUSDT
Gate GMX_USDT
MEXC GMX_USDT
KuCoin GMXUSDTM
Bitget GMXUSDT
BingX GMX-USDT
Variational Omni GMXShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin GMX-USDT | +0.0122% | 8h | 8.0650 | +0.224% | $109K | $26K | 50x | as long as short |
| Kraken Futures PF_GMXUSD | +0.0194% | 1h | 8.0451 | −0.024% | $33K | $463 | 10x | as long as short |
| Lighter GMXshort | +0.0304% | 1h | 8.0673 | +0.252% | $77K | $90K | 5x | |
| Hyperliquid GMX | +0.0371% | 1h | 8.0621 | +0.188% | $896K | $149K | 3x | as long as short |
| GMX GMX/USD [GMX-USDC] | L +0.0417% / S −0.0142% | 1h | 8.0438 | −0.040% | $394K | — | 100x | as long as short |
BloFin GMX-USDT
Kraken Futures PF_GMXUSD
Hyperliquid GMX
GMX GMX/USD [GMX-USDC]