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: MEXC against OKX+0.037%7-day average +0.102% · you sell dearer than you buy
Net, funding: paid 7d − costs−$84as in the Funding arb table
Net, price: spread back to 7d avg − costs−$96as in the Price arb table
costs, in and out, $10k−$890.891% of the position
Funding, last 7 days+0.054%+$5 on $10k
+Price spread, last 4 days (all we have)−0.155%−$16 · spread now +0.037%, 7d avg +0.102%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.065% cheaper against OKX than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of +0.102%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX GMX-USDT-SWAP | 8.0080 | 0.0100 | pay 0.0100% / 8h | 2h 36m | $293K | $490K | 20x |
| Short | MEXC GMX_USDT | 8.0110 | 0.0100 | get 0.0100% / 8h | 2h 36m | $375K | $177K | 125x |
OKX GMX-USDT-SWAP
MEXC GMX_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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: +0.037% → +0.102%
- −$6.45
- Slippage, 4 orders
- −$75.06
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$95.52
- Costs to cover
- 0.891%
- Break-even
- never at this rate
Slippage from OKX: live order book, 9 min ago; MEXC: live order book, 59 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, 9 min ago | 6.86 bp | 35.8 bp −$36 | 6756.9 bp −$67.6K | doesn't fit | doesn't fit |
| Sell MEXC live order book, 59 min ago | 1.24 bp | 9.2 bp −$9 | 117.2 bp −$1,172 | 291.8 bp −$29.2K | 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 | 7.5200 | −6.094% | $4K | $4K | 5.5x | as long as short |
| Kraken Futures PF_GMXUSD | +0.0044% | 1h | 8.0023 | −0.071% | $33K | $463 | 10x | as long as short |
| Binance GMXUSDT | +0.0100% | 8h | 8.0130 | +0.062% | $2.3M | $1.9M | 50x | as long as short |
| Bybit GMXUSDT | +0.0100% | 8h | 8.0070 | −0.012% | $823K | $248K | 20x | as long as short |
| OKX GMX-USDT-SWAPlong | +0.0100% | 8h | 8.0080 | long leg | $293K | $490K | 20x | |
| Gate GMX_USDT | +0.0100% | 8h | 7.9840 | −0.300% | $193K | $70K | 33x | as long as short |
| MEXC GMX_USDTshort | +0.0100% | 8h | 8.0110 | +0.037% | $375K | $177K | 125x | |
| KuCoin GMXUSDTM | +0.0100% | 8h | 7.9900 | −0.225% | $159K | $57K | 30x | as long as short |
| Bitget GMXUSDT | +0.0100% | 8h | 8.0090 | +0.012% | $415K | $208K | 50x | as long as short |
| BingX GMX-USDT | +0.0100% | 8h | 8.0040 | −0.050% | — | $2.3M | — | as long as short |
Injective GMX/USDC PERP
Kraken Futures PF_GMXUSD
Binance GMXUSDT
Bybit GMXUSDT
Gate GMX_USDT
KuCoin GMXUSDTM
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 | 7.9933 | −0.184% | $21K | $54K | — | as long as short |
| BloFin GMX-USDT | +0.0113% | 8h | 7.9820 | −0.325% | $108K | $25K | 50x | as long as short |
| Lighter GMX | +0.0304% | 1h | 8.0242 | +0.202% | $76K | $89K | 5x | as long as short |
| GMX GMX/USD [GMX-USDC] | L +0.0417% / S −0.0142% | 1h | 8.0026 | −0.067% | $393K | — | 100x | as long as short |
| Hyperliquid GMX | +0.0448% | 1h | 8.0242 | +0.202% | $891K | $151K | 3x | as long as short |
Variational Omni GMX
BloFin GMX-USDT
Lighter GMX
GMX GMX/USD [GMX-USDC]
Hyperliquid GMX