Funding you earn now, next payment 02:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.030%
Price spread now: GMX against Gate−0.162%7-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 −$3 a day on $10k at the current rate, and GMX is 0.162% cheaper against Gate than usual: you would sell low and buy high (−$16 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate MEME_USDT | 0.0006170 | 0.0100 | pay 0.0050% / 4h | 2h 55m | $431K | $73K | 20x |
| Short | GMX MEME/USD [WBTC.b-USDC] | 0.0006160 | L 0.0000% / S 0.0000% | get 0.0000% / 1h | 55m 45s | — | — | 100x |
Gate MEME_USDT
GMX MEME/USD [WBTC.b-USDC]Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX against Gate. 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
- −$21
- Price spread: −0.162% → 0.000%
- −$16.21
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- −$64.21
- Costs to cover
- 0.270%
- Break-even
- never at this rate
Slippage unknown: Gate: live order book, 10 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 Gate live order book, 10 min ago | 7.18 bp | 29.7 bp −$30 | doesn't fit | 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 | 0.0006160 | −0.162% | — | — | 100x | |
| Bybit MEMEUSDT | +0.0012% | 4h | 0.0006178 | +0.130% | $1.3M | $608K | 50x | as long as short |
| Hyperliquid MEME | +0.0100% | 1h | 0.0006180 | +0.162% | $572K | $162K | 3x | as long as short |
| Binance MEMEUSDT | +0.0100% | 4h | 0.0006176 | +0.092% | $2.5M | $4.7M | 50x | as long as short |
| OKX MEME-USDT-SWAP | +0.0100% | 4h | 0.0006174 | +0.065% | $639K | $2.1M | 20x | as long as short |
| Gate MEME_USDTlong | +0.0100% | 4h | 0.0006170 | long leg | $431K | $73K | 20x | |
| MEXC MEME_USDT | +0.0100% | 4h | 0.0006178 | +0.130% | $926K | $359K | 50x | as long as short |
| KuCoin MEMEUSDTM | +0.0100% | 4h | 0.0006175 | +0.081% | $185K | $53K | 30x | as long as short |
| Bitget MEMEUSDT | +0.0100% | 4h | 0.0006176 | +0.097% | $444K | $771K | 25x | as long as short |
| BingX MEME-USDT | +0.0100% | 4h | 0.0006169 | −0.016% | — | $2.4M | — | as long as short |
Bybit MEMEUSDT
Hyperliquid MEME
Binance MEMEUSDT
OKX MEME-USDT-SWAP
MEXC MEME_USDT
KuCoin MEMEUSDTM
Bitget MEMEUSDT
BingX MEME-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin MEME-USDT | +0.0130% | 4h | 0.0006210 | +0.648% | $130K | $6K | 50x | as long as short |
BloFin MEME-USDT