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: KuCoin against Variational Omni−0.110%7-day average · you buy dearer than you sell
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: KuCoin is 0.110% cheaper against Variational Omni than usual: you would sell low and buy high, −$11 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni GMX8.07890.0100pay 0.0100% / 8h5h 13m$21K$54K
ShortKuCoin GMXUSDTM8.07000.0100get 0.0100% / 8h5h 13m$161K$54K30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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: −0.110% → 0.000%
−$11.05
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$23.05
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: Variational Omni: no order-book sample; KuCoin: live order book, 7 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 KuCoin live order book, 7 min ago79.87 bp341.8 bp −$342doesn't fitdoesn'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%1h7.6100−5.804%$4K$4K5.5xas long as short
Binance GMXUSDT+0.0100%8h8.0800+0.014%$2.3M$1.9M50xas long as short
Bybit GMXUSDT+0.0100%8h8.0790+0.001%$838K$245K20xas long as short
OKX GMX-USDT-SWAP+0.0100%8h8.0670−0.148%$298K$502K20xas long as short
Gate GMX_USDT+0.0100%8h8.0600−0.234%$199K$77K33xas long as short
MEXC GMX_USDT+0.0100%8h8.0790+0.001%$380K$178K125xas long as short
KuCoin GMXUSDTMshort+0.0100%8h8.0700−0.110%$161K$54K30x
Bitget GMXUSDT+0.0100%8h8.0710−0.098%$419K$203K50xas long as short
BingX GMX-USDT+0.0100%8h8.0760−0.036%$2.3Mas long as short
Variational Omni GMXlong+0.0100%8h8.0789long leg$21K$54K
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin GMX-USDT+0.0112%8h8.0860+0.088%$110K$26K50xas long as short
Hyperliquid GMX+0.0171%1h8.0927+0.171%$903K$154K3xas long as short
Kraken Futures PF_GMXUSD+0.0305%1h8.0651−0.171%$33K$46310xas long as short
GMX GMX/USD [GMX-USDC]L +0.0417% / S −0.0142%1h8.0727−0.077%$396K100xas long as short
Lighter GMX+0.0544%1h8.0906+0.145%$77K$90K5xas long as short