Funding you earn now, next payment 01:00 UTC−0.0058%/8h= −6.4% APRpaid last 24h −0.029%
Price spread now: GMX against BloFin−0.211%111s7-day average — · you buy dearer than you sell
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 against this trade now: funding costs −$2 a day on $10k at the current rate, and GMX is 0.211% cheaper against BloFin than usual: you would sell low and buy high (−$21 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 111 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 | BloFin MEME-USDT | 0.0006153 | 0.0058 | pay 0.0029% / 4h | 3h 39m | $129K | $6K | 50x |
| Short | GMX MEME/USD [WBTC.b-USDC] | 0.0006140 | L 0.0000% / S 0.0000% | get 0.0000% / 1h | 39m 29s | — | — | 100x |
BloFin MEME-USDT
GMX MEME/USD [WBTC.b-USDC]Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX against BloFin. 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
- −$12.26
- Price spread: −0.211% → 0.000%
- −$21.13
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- −$57.39
- Costs to cover
- 0.240%
- Break-even
- never at this rate
Slippage unknown: BloFin: live order book, 16 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 BloFin live order book, 16 min ago | 3.25 bp | 17.9 bp −$18 | 59.2 bp −$592 | 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.
MEME on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| GMX MEME/USD [WBTC.b-USDC]short | L 0.0000% / S 0.0000% | 1h | 0.0006140 | −0.211% | — | — | 100x | |
| BloFin MEME-USDTlong | +0.0058% | 4h | 0.0006153 | long leg | $129K | $6K | 50x | |
| Hyperliquid MEME | +0.0100% | 1h | 0.0006140 | −0.211% | $561K | $154K | 3x | as long as short |
| Binance MEMEUSDT | +0.0100% | 4h | 0.0006150 | −0.042% | $2.5M | $4.5M | 50x | as long as short |
| Bybit MEMEUSDT | +0.0100% | 4h | 0.0006150 | −0.049% | $1.3M | $570K | 50x | as long as short |
| OKX MEME-USDT-SWAP | +0.0100% | 4h | 0.0006153 | 0.000% | $642K | $2.0M | 20x | as long as short |
| Gate MEME_USDT | +0.0100% | 4h | 0.0006148 | −0.081% | $426K | $74K | 20x | as long as short |
| MEXC MEME_USDT | +0.0100% | 4h | 0.0006149 | −0.065% | $921K | $343K | 50x | as long as short |
| KuCoin MEMEUSDTM | +0.0100% | 4h | 0.0006147 | −0.098% | $184K | $53K | 30x | as long as short |
| Bitget MEMEUSDT | +0.0100% | 4h | 0.0006150 | −0.049% | $444K | $760K | 25x | as long as short |
Hyperliquid MEME
Binance MEMEUSDT
Bybit MEMEUSDT
OKX MEME-USDT-SWAP
Gate MEME_USDT
MEXC MEME_USDT
KuCoin MEMEUSDTM
Bitget MEMEUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX MEME-USDT | +0.0100% | 4h | 0.0006149 | −0.065% | — | $2.4M | — | as long as short |
BingX MEME-USDT