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: OKX against Variational Omni−0.241%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 4 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: OKX is 0.241% cheaper against Variational Omni than usual: you would sell low and buy high, −$24 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni GMX7.99330.0100pay 0.0100% / 8h2h 38m$21K$54K
ShortOKX GMX-USDT-SWAP7.97400.0100get 0.0100% / 8h2h 38m$292K$488K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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: −0.241% → 0.000%
−$24.1
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee OKX: 5 bp × 2 orders
−$10
Net
−$34.1
Costs to cover
0.100%
Break-even
never at this rate
Slippage unknown: Variational Omni: no order-book sample; OKX: 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 OKX live order book, 7 min ago6.86 bp35.9 bp −$36doesn'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%1h7.5200−5.921%$4K$4K5.5xas long as short
Kraken Futures PF_GMXUSD+0.0045%1h7.9657−0.344%$33K$46310xas long as short
Binance GMXUSDT+0.0100%8h7.9860−0.091%$2.3M$1.9M50xas long as short
Bybit GMXUSDT+0.0100%8h7.9780−0.191%$820K$248K20xas long as short
OKX GMX-USDT-SWAPshort+0.0100%8h7.9740−0.241%$292K$488K20x
Gate GMX_USDT+0.0100%8h7.9720−0.266%$193K$70K33xas long as short
MEXC GMX_USDT+0.0100%8h7.9830−0.128%$374K$177K125xas long as short
KuCoin GMXUSDTM+0.0100%8h7.9550−0.479%$158K$57K30xas long as short
Bitget GMXUSDT+0.0100%8h7.9780−0.191%$413K$208K50xas long as short
BingX GMX-USDT+0.0100%8h7.9810−0.153%$2.3Mas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni GMXlong+0.0100%8h7.9933long leg$21K$54K
BloFin GMX-USDT+0.0113%8h7.9800−0.166%$108K$25K50xas long as short
Lighter GMX+0.0312%1h7.9954+0.027%$76K$89K5xas long as short
GMX GMX/USD [GMX-USDC]L +0.0417% / S −0.0142%1h7.9723−0.262%$391K100xas long as short
Hyperliquid GMX+0.0419%1h7.9917−0.020%$888K$151K3xas long as short