Funding you earn now, next payment 06:00 UTC+0.0267%/8h= +29.3% APRpaid last 24h +0.081%
Price spread now: GMX against OKX+0.066%52s7-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 +$8 a day on $10k at the current rate, and GMX is 0.066% dearer against OKX than usual: you sell high and buy low: +$7 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 52 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 | OKX ICP-USDT-SWAP | 2.9280 | 0.0100 | pay 0.0100% / 8h | 2h 56m | $5.6M | $14.9M | 50x |
| Short | GMX ICP/USD [WBTC.b-USDC] | 2.9299 | L +0.0431% / S −0.0367% | get 0.0046% / 1h | 56m 30s | $30K | — | 100x |
OKX ICP-USDT-SWAP
GMX ICP/USD [WBTC.b-USDC]Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX against OKX. 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: +0.066% → 0.000%
- $6.56
- Slippage, 4 orders
- no order book: not counted
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- $40.69
- Costs to cover
- 0.220%
- Break-even
- 1.9 days
Slippage unknown: OKX: live order book, 2 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 OKX live order book, 2 min ago | 3.43 bp | 9.6 bp −$10 | 32.0 bp −$320 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit ICP_USDC-PERPETUAL | −0.0125% | 1h | 2.9296 | +0.055% | $191 | $439 | 50x | as long as short |
| Kraken Futures PF_ICPUSD | −0.0068% | 1h | 2.9315 | +0.118% | $487K | $626K | 50x | as long as short |
| dYdX ICP-USD | 0.0000% | 1h | 2.9287 | +0.025% | $68K | $3K | 5x | as long as short |
| gTrade (Gains Network) ICP/USD | L +0.0006% / S −0.0002% | 1h | 2.9303 | +0.078% | $10K | — | 150x | as long as short |
| Injective ICP/USDC PERP | +0.0033% | 1h | 2.9665 | +1.315% | $202 | $200K | 12x | as long as short |
| Variational Omni ICP | +0.0070% | 8h | 2.9175 | −0.359% | $1.0M | $134K | — | as long as short |
| Lighter ICP | +0.0096% | 1h | 2.9285 | +0.017% | $141K | $492K | 5x | as long as short |
| Hyperliquid ICP | +0.0100% | 1h | 2.9300 | +0.068% | $4.5M | $4.8M | 5x | as long as short |
| Aster ICPUSDT | +0.0100% | 8h | 2.9294 | +0.047% | $262K | $1.5M | 20x | as long as short |
| Pacifica ICP | +0.0100% | 1h | 2.9293 | +0.044% | $133K | $10K | 5x | as long as short |
Deribit ICP_USDC-PERPETUAL
Kraken Futures PF_ICPUSD
dYdX ICP-USD
gTrade (Gains Network) ICP/USD
Injective ICP/USDC PERP
Variational Omni ICP
Lighter ICP
Hyperliquid ICP
Aster ICPUSDT
Pacifica ICPShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance ICPUSDT | +0.0100% | 8h | 2.9281 | +0.003% | $28.7M | $48.5M | 75x | as long as short |
| Bybit ICPUSDT | +0.0100% | 8h | 2.9270 | −0.034% | $16.9M | $17.7M | 75x | as long as short |
| OKX ICP-USDT-SWAPlong | +0.0100% | 8h | 2.9280 | long leg | $5.6M | $14.9M | 50x | |
| Gate ICP_USDT | +0.0100% | 8h | 2.9280 | 0.000% | $1.8M | $2.8M | 50x | as long as short |
| MEXC ICP_USDT | +0.0100% | 8h | 2.9270 | −0.034% | $18.0M | $9.9M | 50x | as long as short |
| KuCoin ICPUSDTM | +0.0100% | 8h | 2.9300 | +0.068% | $4.8M | $12.2M | 50x | as long as short |
| Bitget ICPUSDT | +0.0100% | 8h | 2.9300 | +0.068% | $6.9M | $4.6M | 50x | as long as short |
| BingX ICP-USDT | +0.0100% | 8h | 2.9280 | 0.000% | — | $5.8M | — | as long as short |
| edgeX ICPUSDC | +0.0100% | 4h | 2.9193 | −0.296% | $23K | $281K | 10x | as long as short |
| GRVT ICP_USDT_Perp | +0.0100% | 8h | 2.9198 | −0.280% | $561K | $492K | 10x | as long as short |
| SunX ICP-USDT | +0.0100% | 8h | 2.9300 | +0.068% | $2K | $1.5M | 20x | as long as short |
| HTX ICP-USDT | +0.0100% | 8h | 2.9250 | −0.102% | $102K | $117K | 20x | as long as short |
| Phemex ICPUSDT | +0.0100% | 8h | 2.9290 | +0.034% | $1.7M | $781K | 50x | as long as short |
| Extended ICP-USD | +0.0104% | 1h | 2.9273 | −0.025% | $22K | $131K | 10x | as long as short |
| BloFin ICP-USDT | +0.0220% | 8h | 2.9300 | +0.068% | $1.2M | $2.3M | 75x | as long as short |
| Coinbase International ICP-PERP-INTX | +0.0336% | 1h | 2.9530 | +0.854% | $57K | $69K | 50x | as long as short |
| GMX ICP/USD [WBTC.b-USDC]short | L +0.0431% / S −0.0367% | 1h | 2.9299 | +0.066% | $30K | — | 100x |
Binance ICPUSDT
Bybit ICPUSDT
Gate ICP_USDT
MEXC 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
BloFin ICP-USDT
Coinbase International ICP-PERP-INTX