Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.030%
Price spread now: Bitget against GMX+0.274%7-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 +$3 a day on $10k at the current rate, and Bitget is 0.274% dearer against GMX than usual: you sell high and buy low: +$27 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX MEW/USD [WBTC.b-USDC] | 0.0004750 | L 0.0000% / S 0.0000% | get 0.0000% / 1h | 42m 54s | — | — | 100x |
| Short | Bitget MEWUSDT | 0.0004763 | 0.0100 | get 0.0050% / 4h | 42m 54s | $486K | $543K | 50x |
GMX MEW/USD [WBTC.b-USDC]
Bitget MEWUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- $21
- Price spread: +0.274% → 0.000%
- $27.37
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- $24.37
- Costs to cover
- 0.240%
- Break-even
- from the start
Slippage unknown: GMX: no order-book sample; Bitget: live order book, 53 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 Bitget live order book, 53 min ago | 8.48 bp | 24.8 bp −$25 | 78.7 bp −$787 | 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.
MEW on 12 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 MEW/USD [WBTC.b-USDC]long | L 0.0000% / S 0.0000% | 1h | 0.0004750 | long leg | — | — | 100x | |
| Injective MEW/USDC PERP | +0.0033% | 1h | 0.0004219 | −11.179% | $46 | $14K | 5.5x | as long as short |
| Binance MEWUSDT | +0.0100% | 4h | 0.0004761 | +0.238% | $1.3M | $3.6M | 50x | as long as short |
| Bybit MEWUSDT | +0.0100% | 4h | 0.0004761 | +0.232% | $1.5M | $1.6M | 25x | as long as short |
| OKX MEW-USDT-SWAP | +0.0100% | 4h | 0.0004756 | +0.126% | $551K | $929K | 20x | as long as short |
| Gate MEW_USDT | +0.0100% | 4h | 0.0004758 | +0.168% | $139K | $146K | 50x | as long as short |
| MEXC MEW_USDT | +0.0100% | 4h | 0.0004763 | +0.274% | $376K | $179K | 125x | as long as short |
| KuCoin MEWUSDTM | +0.0100% | 4h | 0.0004771 | +0.442% | $338K | $118K | 30x | as long as short |
| Bitget MEWUSDTshort | +0.0100% | 4h | 0.0004763 | +0.274% | $486K | $543K | 50x | |
| BingX MEW-USDT | +0.0100% | 4h | 0.0004767 | +0.358% | — | $6.7M | — | as long as short |
Injective MEW/USDC PERP
Binance MEWUSDT
Bybit MEWUSDT
OKX MEW-USDT-SWAP
Gate MEW_USDT
MEXC MEW_USDT
KuCoin MEWUSDTM
BingX MEW-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni MEW | +0.0100% | 4h | 0.0004764 | +0.296% | $84K | $36K | — | as long as short |
| Kraken Futures PF_MEWUSD | +0.0744% | 1h | 0.0004769 | +0.398% | $94K | $136K | 10x | as long as short |
Variational Omni MEW
Kraken Futures PF_MEWUSD