Funding you earn now, next payment 01:00 UTC+0.0058%/8h= +6.4% APRpaid last 24h +0.029%
Price spread now: BloFin against GMX+0.049%51s7-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 +$2 a day on $10k at the current rate, and BloFin is 0.049% dearer against GMX than usual: you sell high and buy low: +$5 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 51 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 | GMX MEME/USD [WBTC.b-USDC] | 0.0006150 | L 0.0000% / S 0.0000% | get 0.0000% / 1h | 39m 59s | — | — | 100x |
| Short | BloFin MEME-USDT | 0.0006153 | 0.0058 | get 0.0029% / 4h | 3h 39m | $129K | $6K | 50x |
GMX MEME/USD [WBTC.b-USDC]
BloFin MEME-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against GMX. 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: +0.049% → 0.000%
- $4.88
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$6.86
- Costs to cover
- 0.240%
- Break-even
- 10.9 days
Slippage unknown: GMX: no order-book sample; BloFin: live order book, 16 min ago. 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 GMX no order-book sample | — | — | — | — | — |
| Sell BloFin live order book, 16 min ago | 3.25 bp | 13.3 bp −$13 | 40.4 bp −$404 | doesn't fit | doesn't fit |
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]long | L 0.0000% / S 0.0000% | 1h | 0.0006150 | long leg | — | — | 100x | |
| BloFin MEME-USDTshort | +0.0058% | 4h | 0.0006153 | +0.049% | $129K | $6K | 50x | |
| Hyperliquid MEME | +0.0100% | 1h | 0.0006160 | +0.163% | $563K | $154K | 3x | as long as short |
| Binance MEMEUSDT | +0.0100% | 4h | 0.0006155 | +0.081% | $2.5M | $4.5M | 50x | as long as short |
| Bybit MEMEUSDT | +0.0100% | 4h | 0.0006149 | −0.016% | $1.3M | $570K | 50x | as long as short |
| OKX MEME-USDT-SWAP | +0.0100% | 4h | 0.0006153 | +0.049% | $642K | $2.0M | 20x | as long as short |
| Gate MEME_USDT | +0.0100% | 4h | 0.0006148 | −0.033% | $426K | $74K | 20x | as long as short |
| MEXC MEME_USDT | +0.0100% | 4h | 0.0006153 | +0.049% | $922K | $343K | 50x | as long as short |
| KuCoin MEMEUSDTM | +0.0100% | 4h | 0.0006147 | −0.049% | $184K | $53K | 30x | as long as short |
| Bitget MEMEUSDT | +0.0100% | 4h | 0.0006155 | +0.081% | $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 | −0.016% | — | $2.4M | — | as long as short |
BingX MEME-USDT