Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 11.380 | L +0.0178S −0.0119 | pay 0.0022% / 1h | 45m 57s | $1.3M | $463K | 100x | Long GMX5% off | |
| SHORT | 11.393 | +0.0069 | get 0.0009% / 1h | 45m 57s | $166K | $12K | — | Short AZverse |
Price gap+0.112%
Funding gap−0.0109% /8h
The gap pays +$4 on $10k if it goes back to its 7d average, but funding costs $3 a day and eats that in about 29 hours.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$3−0.0109% /8h now · paid −0.031% over the last 20 hours (all we have)
Price+$4spread +0.112% now, avg +0.072% → +0.040% if it goes back
Costsno datano order book for GMX and AZverse
Result, before costs+$1+0.01%no pointscosts unknown: no order book for GMX and AZverse · What the last 7D really paid, hour by hour → backtest
Price and funding
1h · historyPrice spread
Prices
Fundingper 8h
PRICE SPREAD · 7D
Now+0.112%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hLINK on 43 exchanges
lowest funding firstBefore you open
3 ok · 1 to watch- Note: Order book unknown—No order-book sample for GMX and AZverse: its slippage is not counted.
- Note: Margin at max leverage$100 + —GMX 100x, AZverse —. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- OK: Same payment interval1h / 1hBoth legs pay at the same time.Next 24h at the current rates, on $10k a leg: −$3.27Long GMX: 24 payments, −$5.34; short AZverse: 24 payments, +$2.07.
- OK: Entry gap works for you+0.112% vs +0.072%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Short leg is thinner$166K vs $1.3M OIAZverse sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- OK: No KYC on either legGMX No · AZverse NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0121%/8h × 21 periods−$25.42
Price spread+0.112% → +0.072% (7d avg)+$3.95
Slippage, 4 ordersno data for GMX and AZverse—
Fee GMX bp × 2 orders−$12.00
Fee AZverse bp × 2 orders−$12.00
Net, fees only · 7 days · $10k−$45.46
Costs to cover0.240%Break-evennever at this rate
Slippage: GMX: no order-book sample; AZverse: no order-book sampleCost to enter
taker + slippage from mid, one sideBUY · LONGGMX—————
SELL · SHORTAZverse—————
Closing costs about the same again.
GMX and AZverse: no data.
| 10-23 14:30 | Lighter RH | Listing | new market LINK ($LINK) seen by our collector |
| 10-23 09:05 | Reya | Listing | new market LINKRUSDPERP ($LINK) seen by our collector |
| 10-21 12:23 | OKX | Other | ZEC (@Zcash) takes the spotlight in X Drops in Europe. Hold ZEC, TAO, LTC, ONDO, LINK, ZRO, LIT, ENA, DOGE or ARB for a share of 200 $ZEC, with 2× on all ZEC trades. Ends Oct 26, 14:00 CEST. @okx on X ↗ |
| 09-28 15:17 | OKX | Other | New X Drops just went live in Europe. Trade XDP, HYPE, TAO, LINK, PUMP, UNI, LTC, DOGE, FET, or AAVE for a share of 23M $XDP. $XDP trades get a 3× boost. @okx on X ↗ |
| 09-28 14:27 | BloFin | Other | Start your week with BloFin Earn’s Monday Exclusive! Take advantage of high-yield savings on BTC and LINK with returns up to 55% APR. @BloFin_Official on X ↗ |
| 09-19 12:00 | KuCoin | Other | Altseason 2026 hasn't officially started—CoinMarketCap's Altcoin Season Index sits near 44, well below the 75 threshold, and Bitcoin dominance is still holding around 58%. But a handful of names are already breaking away: HYPE and ZEC are leading on market cap and momentum, LINK and ONDO anchor the RWA/oracle narrative, while UNI, AAVE, XRP, PENGU, PONS, and Binance Life round out the top 10 watchlist. Which 10 altcoins are traders positioning in before the rotation? We break it all down on the KuCoin Blog 👇 @kucoincom on X ↗ |

Lighter RH
OKX
BloFin
KuCoin