Funding you earn now, next payment 05:00 UTC+0.0267%/8h= +29.3% APRpaid last 24h +0.068%
Price spread now: GMX against edgeX−0.407%70s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Funding pays, the price is against you. GMX is 0.407% cheaper against edgeX than usual: you would sell low and buy high (spread −0.407% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$41 on $10k: about 5.1 days of funding at the current rate (+$8 a day). The two prices were read 70 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX ICPUSDC | 2.9425 | 0.0100 | pay 0.0050% / 4h | 3h 07m | $23K | $279K | 10x |
| Short | GMX ICP/USD [WBTC.b-USDC] | 2.9305 | L +0.0432% / S −0.0367% | get 0.0046% / 1h | 7m 53s | $30K | — | 100x |
edgeX ICPUSDC
GMX ICP/USD [WBTC.b-USDC]Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX against edgeX. 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
- $56.12
- Price spread: −0.407% → 0.000%
- −$40.67
- Slippage, 4 orders
- no order book: not counted
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- −$5.54
- Costs to cover
- 0.210%
- Break-even
- 7.7 days
Slippage unknown: edgeX: live order book, 45 min ago; GMX: 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 edgeX live order book, 45 min ago | 8.43 bp | 13.1 bp −$13 | 26.5 bp −$265 | doesn't fit | doesn't fit |
| Sell GMX no order-book sample | — | — | — | — | — |
GMX: 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.
ICP on 27 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ICPUSD | −0.0058% | 1h | 2.9309 | −0.393% | $490K | $631K | 50x | as long as short |
| dYdX ICP-USD | 0.0000% | 1h | 2.9275 | −0.510% | $68K | $3K | 5x | as long as short |
| Deribit ICP_USDC-PERPETUAL | 0.0000% | 1h | 2.9315 | −0.373% | $191 | $439 | 50x | as long as short |
| gTrade (Gains Network) ICP/USD | L +0.0006% / S −0.0002% | 1h | 2.9311 | −0.385% | $10K | — | 150x | as long as short |
| Injective ICP/USDC PERP | +0.0033% | 1h | 2.9665 | +0.817% | $202 | $200K | 12x | as long as short |
| Phemex ICPUSDT | +0.0044% | 8h | 2.9350 | −0.254% | $1.7M | $783K | 50x | as long as short |
| Variational Omni ICP | +0.0075% | 8h | 2.9260 | −0.561% | $1.0M | $134K | — | as long as short |
| Lighter ICP | +0.0096% | 1h | 2.9320 | −0.356% | $142K | $491K | 5x | as long as short |
| Hyperliquid ICP | +0.0100% | 1h | 2.9351 | −0.250% | $4.5M | $4.8M | 5x | as long as short |
| Aster ICPUSDT | +0.0100% | 8h | 2.9313 | −0.380% | $263K | $1.5M | 20x | as long as short |
Kraken Futures PF_ICPUSD
dYdX ICP-USD
Deribit ICP_USDC-PERPETUAL
gTrade (Gains Network) ICP/USD
Injective ICP/USDC PERP
Phemex ICPUSDT
Variational Omni ICP
Lighter ICP
Hyperliquid ICP
Aster ICPUSDTShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica ICP | +0.0100% | 1h | 2.9296 | −0.437% | $133K | $10K | 5x | as long as short |
| Binance ICPUSDT | +0.0100% | 8h | 2.9317 | −0.367% | $28.7M | $48.4M | 75x | as long as short |
| Bybit ICPUSDT | +0.0100% | 8h | 2.9300 | −0.424% | $16.8M | $17.5M | 75x | as long as short |
| OKX ICP-USDT-SWAP | +0.0100% | 8h | 2.9330 | −0.322% | $5.6M | $14.9M | 50x | as long as short |
| Gate ICP_USDT | +0.0100% | 8h | 2.9300 | −0.424% | $1.8M | $2.9M | 50x | as long as short |
| MEXC ICP_USDT | +0.0100% | 8h | 2.9320 | −0.356% | $18.3M | $10.3M | 50x | as long as short |
| KuCoin ICPUSDTM | +0.0100% | 8h | 2.9310 | −0.390% | $4.8M | $12.3M | 50x | as long as short |
| Bitget ICPUSDT | +0.0100% | 8h | 2.9330 | −0.322% | $7.0M | $4.5M | 50x | as long as short |
| BingX ICP-USDT | +0.0100% | 8h | 2.9300 | −0.424% | — | $5.7M | — | as long as short |
| edgeX ICPUSDClong | +0.0100% | 4h | 2.9425 | long leg | $23K | $279K | 10x | |
| GRVT ICP_USDT_Perp | +0.0100% | 8h | 2.9418 | −0.022% | $565K | $492K | 10x | as long as short |
| SunX ICP-USDT | +0.0100% | 8h | 2.9300 | −0.424% | $2K | $1.5M | 20x | as long as short |
| HTX ICP-USDT | +0.0100% | 8h | 2.9250 | −0.594% | $102K | $115K | 20x | as long as short |
| Extended ICP-USD | +0.0104% | 1h | 2.9307 | −0.400% | $22K | $133K | 10x | as long as short |
| BloFin ICP-USDT | +0.0220% | 8h | 2.9260 | −0.560% | $1.2M | $2.3M | 75x | as long as short |
| Coinbase International ICP-PERP-INTX | +0.0352% | 1h | 2.9530 | +0.358% | $57K | $69K | 50x | as long as short |
| GMX ICP/USD [WBTC.b-USDC]short | L +0.0432% / S −0.0367% | 1h | 2.9305 | −0.407% | $30K | — | 100x |
Pacifica ICP
Binance ICPUSDT
Bybit ICPUSDT
OKX ICP-USDT-SWAP
Gate ICP_USDT
MEXC ICP_USDT
KuCoin ICPUSDTM
Bitget ICPUSDT
BingX ICP-USDT
GRVT ICP_USDT_Perp
SunX ICP-USDT
HTX ICP-USDT
Extended ICP-USD
BloFin ICP-USDT
Coinbase International ICP-PERP-INTX