Funding you earn now, next payment 02:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.030%
Price spread now: GMX against MEXC−0.144%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 0.144% cheaper against MEXC than usual: you would sell low and buy high (−$14 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 | MEXC MEME_USDT | 0.0006239 | 0.0100 | pay 0.0050% / 4h | 2h 50m | $940K | $364K | 50x |
| Short | GMX MEME/USD [WBTC.b-USDC] | 0.0006230 | L 0.0000% / S 0.0000% | get 0.0000% / 1h | 50m 07s | — | — | 100x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX against MEXC. 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: −0.144% → 0.000%
- −$14.43
- Slippage, 4 orders
- no order book: not counted
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- −$51.43
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: MEXC: live order book, 11 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 MEXC live order book, 11 min ago | 4.83 bp | 11.9 bp −$12 | 31.4 bp −$314 | 60.0 bp −$6,000 | 79.9 bp −$40.0K |
| 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 | 0.0006230 | −0.144% | — | — | 100x | |
| BloFin MEME-USDT | +0.0073% | 4h | 0.0006229 | −0.160% | $131K | $6K | 50x | as long as short |
| Bybit MEMEUSDT | +0.0086% | 4h | 0.0006236 | −0.048% | $1.3M | $614K | 50x | as long as short |
| Hyperliquid MEME | +0.0100% | 1h | 0.0006240 | +0.016% | $578K | $162K | 3x | as long as short |
| Binance MEMEUSDT | +0.0100% | 4h | 0.0006237 | −0.034% | $2.5M | $4.8M | 50x | as long as short |
| OKX MEME-USDT-SWAP | +0.0100% | 4h | 0.0006233 | −0.096% | $645K | $2.1M | 20x | as long as short |
| Gate MEME_USDT | +0.0100% | 4h | 0.0006232 | −0.112% | $436K | $73K | 20x | as long as short |
| MEXC MEME_USDTlong | +0.0100% | 4h | 0.0006239 | long leg | $940K | $364K | 50x | |
| KuCoin MEMEUSDTM | +0.0100% | 4h | 0.0006233 | −0.096% | $187K | $53K | 30x | as long as short |
| Bitget MEMEUSDT | +0.0100% | 4h | 0.0006238 | −0.016% | $451K | $772K | 25x | as long as short |
Show all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX MEME-USDT | +0.0100% | 4h | 0.0006235 | −0.064% | — | $2.4M | — | as long as short |
MEXC MEME_USDT
GMX MEME/USD [WBTC.b-USDC]
BloFin MEME-USDT
Bybit MEMEUSDT
Hyperliquid MEME
Binance MEMEUSDT
OKX MEME-USDT-SWAP
Gate MEME_USDT
KuCoin MEMEUSDTM
Bitget MEMEUSDT
BingX MEME-USDT