Funding you earn now, next payment 02:00 UTC+0.0380%/8h= +41.6% APRpaid last 24h +0.064%
Price spread now: GMX against MEXC+0.059%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
Both sides work for this trade now. Funding pays +$11 a day on $10k at the current rate, and GMX is 0.059% dearer against MEXC than usual: you sell high and buy low: +$6 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC ICP_USDT | 3.0140 | 0.0100 | pay 0.0100% / 8h | 6h 23m | $19.5M | $10.1M | 50x |
| Short | GMX ICP/USD [WBTC.b-USDC] | 3.0158 | L +0.0509% / S −0.0480% | get 0.0060% / 1h | 23m 56s | $37K | — | 100x |
MEXC ICP_USDT
GMX ICP/USD [WBTC.b-USDC]Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX against MEXC. 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
- $79.79
- Price spread: +0.059% → 0.000%
- $5.87
- Slippage, 4 orders
- no order book: not counted
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- $73.66
- Costs to cover
- 0.120%
- Break-even
- 0.5 days
Slippage unknown: MEXC: live order book, 5 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 MEXC live order book, 5 min ago | 1.66 bp | 3.2 bp −$3 | 10.6 bp −$106 | 71.4 bp −$7,142 | 148.9 bp −$74.4K |
| 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 26 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit ICP_USDC-PERPETUAL | −0.0247% | 1h | 3.0147 | +0.023% | $269 | $464 | 50x | as long as short |
| dYdX ICP-USD | 0.0000% | 1h | 3.0177 | +0.124% | $70K | $4K | 5x | as long as short |
| Variational Omni ICP | +0.0002% | 8h | 3.0160 | +0.066% | $1.1M | $118K | — | as long as short |
| gTrade (Gains Network) ICP/USD | L +0.0006% / S −0.0011% | 1h | 3.0170 | +0.100% | $23K | — | 150x | as long as short |
| Injective ICP/USDC PERP | +0.0033% | 1h | 2.9665 | −1.576% | $202 | $200K | 12x | as long as short |
| Lighter ICP | +0.0096% | 1h | 3.0184 | +0.146% | $165K | $491K | 5x | as long as short |
| Aster ICPUSDT | +0.0100% | 8h | 3.0174 | +0.114% | $281K | $1.7M | 20x | as long as short |
| Pacifica ICP | +0.0100% | 1h | 3.0179 | +0.131% | $137K | $11K | 5x | as long as short |
| Binance ICPUSDT | +0.0100% | 8h | 3.0141 | +0.003% | $29.8M | $53.9M | 75x | as long as short |
| Bybit ICPUSDT | +0.0100% | 8h | 3.0140 | 0.000% | $17.7M | $19.0M | 75x | as long as short |
Deribit ICP_USDC-PERPETUAL
dYdX ICP-USD
Variational Omni ICP
gTrade (Gains Network) ICP/USD
Injective ICP/USDC PERP
Lighter ICP
Aster ICPUSDT
Pacifica ICP
Binance ICPUSDT
Bybit ICPUSDTShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX ICP-USDT-SWAP | +0.0100% | 8h | 3.0140 | 0.000% | $5.9M | $17.2M | 50x | as long as short |
| Gate ICP_USDT | +0.0100% | 8h | 3.0160 | +0.066% | $1.9M | $3.1M | 50x | as long as short |
| MEXC ICP_USDTlong | +0.0100% | 8h | 3.0140 | long leg | $19.5M | $10.1M | 50x | |
| KuCoin ICPUSDTM | +0.0100% | 8h | 3.0130 | −0.033% | $5.0M | $13.4M | 50x | as long as short |
| Bitget ICPUSDT | +0.0100% | 8h | 3.0160 | +0.066% | $7.1M | $4.9M | 50x | as long as short |
| BingX ICP-USDT | +0.0100% | 8h | 3.0150 | +0.033% | — | $6.0M | — | as long as short |
| edgeX ICPUSDC | +0.0100% | 4h | 3.0111 | −0.096% | $23K | $278K | 10x | as long as short |
| GRVT ICP_USDT_Perp | +0.0100% | 8h | 3.0134 | −0.021% | $585K | $491K | 10x | as long as short |
| SunX ICP-USDT | +0.0100% | 8h | 3.0140 | 0.000% | $2K | $1.8M | 20x | as long as short |
| HTX ICP-USDT | +0.0100% | 8h | 3.0120 | −0.066% | $105K | $239K | 20x | as long as short |
| Phemex ICPUSDT | +0.0100% | 8h | 3.0100 | −0.133% | $1.8M | $793K | 50x | as long as short |
| Extended ICP-USD | +0.0104% | 1h | 3.0142 | +0.007% | $22K | $131K | 10x | as long as short |
| Hyperliquid ICP | +0.0249% | 1h | 3.0185 | +0.149% | $4.7M | $5.0M | 5x | as long as short |
| Coinbase International ICP-PERP-INTX | +0.0256% | 1h | 3.0180 | +0.133% | $65K | $71K | 50x | as long as short |
| GMX ICP/USD [WBTC.b-USDC]short | L +0.0509% / S −0.0480% | 1h | 3.0158 | +0.059% | $37K | — | 100x | |
| Kraken Futures PF_ICPUSD | +0.0890% | 1h | 3.0180 | +0.131% | $547K | $611K | 50x | as long as short |
OKX ICP-USDT-SWAP
Gate ICP_USDT
KuCoin ICPUSDTM
Bitget ICPUSDT
BingX ICP-USDT
edgeX ICPUSDC
GRVT ICP_USDT_Perp
SunX ICP-USDT
HTX ICP-USDT
Phemex ICPUSDT
Extended ICP-USD
Hyperliquid ICP
Coinbase International ICP-PERP-INTX
Kraken Futures PF_ICPUSD