Settings8H · net · $10k
Funding arb · Price arb /

GMX

all GMX markets
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Alert: funding
Alert: spread
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: Binance against Variational Omni+0.020%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.020% dearer against Variational Omni than usual: you sell high and buy low, +$2 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni GMX8.02830.0100pay 0.0100% / 8h6h 54m$21K$54K
ShortBinance GMXUSDT8.02990.0100get 0.0100% / 8h6h 54m$2.3M$1.9M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Variational Omni. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: +0.020% → 0.000%
$2.01
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Binance: 5 bp × 2 orders
−$10
Net
−$7.99
Costs to cover
0.100%
Break-even
never at this rate
Slippage unknown: Variational Omni: no order-book sample; Binance: live order book, 10 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Variational Omni no order-book sample
Sell Binance live order book, 10 min ago0.62 bp26.7 bp −$27113.7 bp −$1,137doesn't fitdoesn't fit
Variational Omni: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective GMX/USDC PERP−0.5000%1h7.5600−5.833%$4K$4K5.5xas long as short
Kraken Futures PF_GMXUSD−0.0548%1h8.0313+0.038%$33K$60010xas long as short
Binance GMXUSDTshort+0.0100%8h8.0299+0.020%$2.3M$1.9M50x
Bybit GMXUSDT+0.0100%8h8.0310+0.034%$838K$260K20xas long as short
OKX GMX-USDT-SWAP+0.0100%8h8.0270−0.016%$294K$522K20xas long as short
Gate GMX_USDT+0.0100%8h8.0170−0.140%$198K$78K33xas long as short
MEXC GMX_USDT+0.0100%8h8.0310+0.034%$395K$176K125xas long as short
KuCoin GMXUSDTM+0.0100%8h8.0680+0.495%$182K$37K30xas long as short
Bitget GMXUSDT+0.0100%8h8.0250−0.041%$401K$207K50xas long as short
BingX GMX-USDT+0.0100%8h8.0300+0.022%$2.3Mas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni GMXlong+0.0100%8h8.0283long leg$21K$54K
Lighter GMX+0.0120%1h8.0552+0.336%$76K$92K5xas long as short
BloFin GMX-USDT+0.0125%8h8.0620+0.420%$110K$26K50xas long as short
Hyperliquid GMX+0.0153%1h8.0401+0.148%$917K$148K3xas long as short
GMX GMX/USD [GMX-USDC]L +0.0416% / S −0.0141%1h8.0193−0.112%$393K100xas long as short