Funding you earn now, next payment 11:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.030%
Price spread now: GMX against KuCoin−0.133%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 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 0.133% cheaper against KuCoin than usual: you would sell low and buy high (−$13 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 | KuCoin MEMEUSDTM | 0.0006008 | 0.0100 | pay 0.0050% / 4h | 1h 30m | $162K | $49K | 30x |
| Short | GMX MEME/USD [WBTC.b-USDC] | 0.0006000 | L 0.0000% / S 0.0000% | get 0.0000% / 1h | 30m 54s | — | — | 100x |
KuCoin MEMEUSDTM
GMX MEME/USD [WBTC.b-USDC]Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX against KuCoin. 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: −0.133% → 0.000%
- −$13.32
- Slippage, 4 orders
- no order book: not counted
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- −$58.32
- Costs to cover
- 0.240%
- Break-even
- never at this rate
Slippage unknown: KuCoin: live order book, 71 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 KuCoin live order book, 71 min ago | 12.17 bp | 146.7 bp −$147 | 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 exchanges
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 | 0.0006000 | −0.133% | — | — | 100x | |
| Hyperliquid MEME | +0.0100% | 1h | 0.0006010 | +0.033% | $529K | $213K | 3x | as long as short |
| Binance MEMEUSDT | +0.0100% | 4h | 0.0006012 | +0.067% | $2.4M | $5.4M | 50x | as long as short |
| Bybit MEMEUSDT | +0.0100% | 4h | 0.0006010 | +0.033% | $1.2M | $822K | 50x | as long as short |
| OKX MEME-USDT-SWAP | +0.0100% | 4h | 0.0006006 | −0.033% | $596K | $1.8M | 20x | as long as short |
| Gate MEME_USDT | +0.0100% | 4h | 0.0006010 | +0.033% | $426K | $91K | 20x | as long as short |
| MEXC MEME_USDT | +0.0100% | 4h | 0.0006010 | +0.033% | $776K | $469K | 50x | as long as short |
| KuCoin MEMEUSDTMlong | +0.0100% | 4h | 0.0006008 | long leg | $162K | $49K | 30x | |
| Bitget MEMEUSDT | +0.0100% | 4h | 0.0006018 | +0.166% | $475K | $796K | 25x | as long as short |
| BingX MEME-USDT | +0.0100% | 4h | 0.0006010 | +0.033% | — | $2.4M | — | as long as short |
Hyperliquid MEME
Binance MEMEUSDT
Bybit MEMEUSDT
OKX MEME-USDT-SWAP
Gate MEME_USDT
MEXC MEME_USDT
Bitget MEMEUSDT
BingX MEME-USDTShow all 11 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin MEME-USDT | +0.0128% | 4h | 0.0006013 | +0.083% | $123K | $6K | 50x | as long as short |
BloFin MEME-USDT