Funding you earn now, next payment 01:00 UTC−0.0610%/8h= −66.7% APRnext payment −$0.76 per $10,000 · paid last 24h −1.146%
Price spread now: GMX against dYdX+0.047%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. GMX is 0.047% dearer against dYdX than usual: you sell high and buy low (spread +0.047% now, against zero (this spread has no 7-day history yet)): +$5 on $10k if it goes back. Holding the pair costs −$18 a day in funding at the current rate, which eats that in about 6 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | dYdX JUP-USD | 0.3007 | 0.0036 | pay 0.0005% / 1h | 18m 13s | $39K | $32K | 5x |
| Short | GMX JUP/USD [WBTC.b-USDC] | 0.3008 | L −0.0210% / S +0.0573% | pay 0.0072% / 1h | 18m 13s | $17K | — | 100x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX against dYdX. 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
- −$128
- Price spread: +0.047% → 0.000%
- $4.69
- Slippage, 4 orders
- no order book: not counted
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- −$145.3
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: dYdX: no order-book sample; 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 dYdX no order-book sample | — | — | — | — | — |
| Sell GMX no order-book sample | — | — | — | — | — |
dYdX and 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.
JUP on 36 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective JUP/USDC PERP | −0.4634% | 1h | 0.2973 | −1.115% | $3K | $206K | 5.5x | as long as short |
| Pacifica JUP | −0.0356% | 1h | 0.3001 | −0.189% | $286K | $148K | 10x | as long as short |
| GMX JUP/USD [WBTC.b-USDC]short | L −0.0210% / S +0.0573% | 1h | 0.3008 | +0.047% | $17K | — | 100x | |
| Deribit JUP_USDC-PERPETUAL | −0.0149% | 1h | 0.3008 | +0.049% | $55K | $16K | 10x | as long as short |
| Kraken Futures PF_JUPUSD | −0.0100% | 1h | 0.3011 | +0.155% | $606K | $526K | 20x | as long as short |
| 01 Exchange JUPUSD | −0.0064% | 1h | 0.3002 | −0.154% | $27K | $19K | 5x | as long as short |
| OKX JUP-USDT-SWAP | −0.0026% | 4h | 0.3009 | +0.083% | $4.1M | $15.7M | 50x | as long as short |
| gTrade (Gains Network) JUP/USD | L +0.0002% / S −0.0001% | 1h | 0.3007 | +0.031% | $1K | — | 150x | as long as short |
| dYdX JUP-USDlong | +0.0036% | 1h | 0.3007 | long leg | $39K | $32K | 5x | |
| Reya JUPRUSDPERP | +0.0057% | 1h | 0.3001 | −0.190% | — | — | 20x | as long as short |
Show all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Paradex JUP-USD-PERP | +0.0077% | 8h | 0.3000 | −0.202% | $9K | $13K | 10x | as long as short |
| Lighter JUP | +0.0096% | 1h | 0.3010 | +0.119% | $755K | $1.3M | 10x | as long as short |
| Orderly PERP_JUP_USDC | +0.0100% | 4h | 0.3009 | +0.083% | $32K | $45K | 10x | as long as short |
| Nado JUP-PERP | +0.0100% | 1h | 0.2999 | −0.267% | $622K | $627K | 10x | as long as short |
| Hyperliquid JUP | +0.0100% | 1h | 0.3014 | +0.232% | $19.4M | $11.7M | 10x | as long as short |
| Aster JUPUSDT | +0.0100% | 4h | 0.3004 | −0.084% | $116K | $329K | 10x | as long as short |
| Binance JUPUSDT | +0.0100% | 4h | 0.3008 | +0.064% | $16.6M | $48.9M | 75x | as long as short |
| Bybit JUPUSDT | +0.0100% | 4h | 0.3008 | +0.049% | $16.5M | $20.6M | 50x | as long as short |
| Bulk JUP-USD | +0.0100% | 1h | 0.3001 | −0.184% | $62K | $8K | 10x | as long as short |
| Gate JUP_USDT | +0.0100% | 4h | 0.3004 | −0.084% | $750K | $1.6M | 75x | as long as short |
| MEXC JUP_USDT | +0.0100% | 4h | 0.3009 | +0.083% | $7.9M | $7.3M | 200x | as long as short |
| KuCoin JUPUSDTM | +0.0100% | 4h | 0.3007 | +0.016% | $4.1M | $6.8M | 50x | as long as short |
| Bitget JUPUSDT | +0.0100% | 4h | 0.3009 | +0.083% | $5.9M | $6.8M | 75x | as long as short |
| BingX JUP-USDT | +0.0100% | 4h | 0.3008 | +0.049% | — | $20.9M | — | as long as short |
| Backpack JUP_USDC_PERP | +0.0100% | 1h | 0.3011 | +0.139% | $996K | $229K | 10x | as long as short |
| Variational Omni JUP | +0.0100% | 4h | 0.3002 | −0.150% | $727K | $770K | — | as long as short |
| GRVT JUP_USDT_Perp | +0.0100% | 4h | 0.3005 | −0.039% | $1.7M | $3.8M | 10x | as long as short |
| ApeX Omni JUPUSDT | +0.0100% | 1h | 0.3004 | −0.084% | $160K | $308K | 50x | as long as short |
| Polymarket Perps JUP-USD | +0.0100% | 1h | 0.3005 | −0.057% | $95K | $111K | 10x | as long as short |
| HTX JUP-USDT | +0.0100% | 4h | 0.2998 | −0.283% | $113K | $54K | 20x | as long as short |
| Phemex JUPUSDT | +0.0100% | 4h | 0.3011 | +0.149% | $2.9M | $3.7M | 50x | as long as short |
| Extended JUP-USD | +0.0104% | 1h | 0.3006 | −0.013% | $2.2M | $488K | 25x | as long as short |
| Aevo JUP-PERP | +0.0104% | 1h | 0.3009 | +0.084% | $41K | — | 3x | as long as short |
| Phoenix JUP | +0.0214% | 1h | 0.3016 | +0.305% | $98K | $469K | 10x | as long as short |
| Coinbase International JUP-PERP-INTX | +0.0280% | 1h | 0.3008 | +0.039% | $75K | $61K | 50x | as long as short |
| BloFin JUP-USDT | +0.0327% | 4h | 0.3001 | −0.184% | $852K | $346K | 50x | as long as short |
GMX JUP/USD [WBTC.b-USDC]
Injective JUP/USDC PERP
Pacifica JUP
Deribit JUP_USDC-PERPETUAL
Kraken Futures PF_JUPUSD
01 Exchange JUPUSD
OKX JUP-USDT-SWAP
gTrade (Gains Network) JUP/USD
Paradex JUP-USD-PERP
Lighter JUP
Hyperliquid JUP
Aster JUPUSDT
Binance JUPUSDT
Bybit JUPUSDT
Bulk JUP-USD
Gate JUP_USDT
MEXC JUP_USDT
KuCoin JUPUSDTM
Bitget JUPUSDT
BingX JUP-USDT
Backpack JUP_USDC_PERP
Variational Omni JUP
GRVT JUP_USDT_Perp
ApeX Omni JUPUSDT
Polymarket Perps JUP-USD
HTX JUP-USDT
Phemex JUPUSDT
Extended JUP-USD
Phoenix JUP
Coinbase International JUP-PERP-INTX
BloFin JUP-USDT