Funding you earn now, next payment 22:00 UTC−0.0534%/8h= −58.4% APRnext payment −$0.67 per $10,000 · paid last 24h −0.108%
Price spread now: dYdX against GMX+0.031%7-day average — · you sell dearer than you buy
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
=Together, before fees—needs both histories
The price spread pays, funding is against you. dYdX is 0.031% dearer against GMX than usual: you sell high and buy low (spread +0.031% now, against zero (this spread has no 7-day history yet)): +$3 on $10k if it goes back. Holding the pair costs −$16 a day in funding at the current rate, which eats that in about 5 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX ICP/USD [WBTC.b-USDC] | 2.9880 | L +0.0534% / S −0.0529% | pay 0.0067% / 1h | 25m 03s | $40K | — | 100x |
| Short | dYdX ICP-USD | 2.9889 | 0 | get 0.0000% / 1h | 25m 03s | $70K | $4K | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
dYdX against GMX. 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
- −$112.05
- Price spread: +0.031% → 0.000%
- $3.1
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- −$130.95
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: GMX: no order-book sample; dYdX: 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 GMX no order-book sample | — | — | — | — | — |
| Sell dYdX no order-book sample | — | — | — | — | — |
GMX and dYdX: 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 | |
|---|---|---|---|---|---|---|---|---|
| Phemex ICPUSDT | −0.1408% | 8h | 2.9710 | −0.567% | $1.7M | $780K | 50x | as long as short |
| Variational Omni ICP | −0.0245% | 8h | 2.9864 | −0.052% | $1.1M | $119K | — | as long as short |
| Injective ICP/USDC PERP | −0.0199% | 1h | 2.9665 | −0.718% | $202 | $200K | 12x | as long as short |
| Gate ICP_USDT | −0.0102% | 8h | 2.9850 | −0.099% | $1.9M | $2.7M | 50x | as long as short |
| Deribit ICP_USDC-PERPETUAL | −0.0051% | 1h | 2.9886 | +0.022% | $266 | $464 | 50x | as long as short |
| dYdX ICP-USDshort | 0.0000% | 1h | 2.9889 | +0.031% | $70K | $4K | 5x | |
| Bybit ICPUSDT | +0.0005% | 8h | 2.9870 | −0.032% | $17.2M | $17.6M | 75x | as long as short |
| gTrade (Gains Network) ICP/USD | L +0.0006% / S −0.0010% | 1h | 2.9887 | +0.024% | $27K | — | 150x | as long as short |
| Aster ICPUSDT | +0.0100% | 8h | 2.9891 | +0.040% | $188K | $1.5M | 20x | as long as short |
| Pacifica ICP | +0.0100% | 1h | 2.9888 | +0.029% | $135K | $11K | 5x | as long as short |
Show all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance ICPUSDT | +0.0100% | 8h | 2.9880 | +0.002% | $29.1M | $48.9M | 75x | as long as short |
| OKX ICP-USDT-SWAP | +0.0100% | 8h | 2.9860 | −0.065% | $5.8M | $15.7M | 50x | as long as short |
| MEXC ICP_USDT | +0.0100% | 8h | 2.9880 | +0.002% | $19.2M | $8.5M | 50x | as long as short |
| KuCoin ICPUSDTM | +0.0100% | 8h | 2.9880 | +0.002% | $5.3M | $12.8M | 50x | as long as short |
| Bitget ICPUSDT | +0.0100% | 8h | 2.9880 | +0.002% | $6.9M | $4.4M | 50x | as long as short |
| BingX ICP-USDT | +0.0100% | 8h | 2.9870 | −0.032% | — | $4.9M | — | as long as short |
| edgeX ICPUSDC | +0.0100% | 4h | 2.9855 | −0.081% | $23K | $276K | 10x | as long as short |
| GRVT ICP_USDT_Perp | +0.0100% | 8h | 2.9854 | −0.085% | $572K | $481K | 10x | as long as short |
| SunX ICP-USDT | +0.0100% | 8h | 2.9870 | −0.032% | $1K | $1.7M | 20x | as long as short |
| HTX ICP-USDT | +0.0100% | 8h | 2.9810 | −0.233% | $106K | $219K | 20x | as long as short |
| Extended ICP-USD | +0.0104% | 1h | 2.9872 | −0.024% | $24K | $123K | 10x | as long as short |
| Lighter ICP | +0.0136% | 1h | 2.9911 | +0.105% | $167K | $442K | 5x | as long as short |
| Kraken Futures PF_ICPUSD | +0.0147% | 1h | 2.9916 | +0.122% | $490K | $517K | 50x | as long as short |
| BloFin ICP-USDT | +0.0220% | 8h | 2.9890 | +0.035% | $1.2M | $2.2M | 75x | as long as short |
| Coinbase International ICP-PERP-INTX | +0.0232% | 1h | 2.9890 | +0.035% | $62K | $89K | 50x | as long as short |
| GMX ICP/USD [WBTC.b-USDC]long | L +0.0534% / S −0.0529% | 1h | 2.9880 | long leg | $40K | — | 100x | |
| Hyperliquid ICP | +0.0875% | 1h | 2.9939 | +0.199% | $4.7M | $5.0M | 5x | as long as short |
GMX ICP/USD [WBTC.b-USDC]
Phemex ICPUSDT
Variational Omni ICP
Injective ICP/USDC PERP
Gate ICP_USDT
Deribit ICP_USDC-PERPETUAL
Bybit ICPUSDT
gTrade (Gains Network) ICP/USD
Aster ICPUSDT
Pacifica ICP
Binance ICPUSDT
OKX ICP-USDT-SWAP
MEXC ICP_USDT
KuCoin ICPUSDTM
Bitget ICPUSDT
BingX ICP-USDT
edgeX ICPUSDC
GRVT ICP_USDT_Perp
SunX ICP-USDT
HTX ICP-USDT
Extended ICP-USD
Lighter ICP
Kraken Futures PF_ICPUSD
BloFin ICP-USDT
Coinbase International ICP-PERP-INTX
Hyperliquid ICP