Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 5.3263 | L +0.0175S −0.0082 | pay 0.0022% / 1h | 49m 11s | $509K | $1.1M | 50x | Long GMX5% off | |
| SHORT | 5.3256 | +0.0066 | get 0.0008% / 1h | 49m 11s | $53K | $197K | 20x | Short Bullet |
Price gap−0.013%
Funding gap−0.0109% /8h
Funding costs $3 a day on $10k at the current rate. Swap the legs.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$27−0.0109% /8h now · paid −0.273% over the last 7D
Price$0spread −0.013% now, avg −0.008% → −0.004% if it goes back
Costsno datano order book for GMX
Result, before costs−$28−0.28%no pointscosts unknown: no order book for GMX · What the last 7D really paid, hour by hour → backtest
Price and funding
1h · loading 5m…Price spread
Prices
Fundingper 8h
P&L
PRICE SPREAD · 7D
Now−0.013%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hNEAR on 45 exchanges
lowest funding firstBefore you open
2 ok · 1 to watch- Note: Order book unknown—No order-book sample for GMX: its slippage is not counted.
- Note: Margin at max leverage$200 + $500GMX 50x, Bullet 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- OK: Same payment interval1h / 1hBoth legs pay at the same time.Next 24h at the current rates, on $10k a leg: −$3.27Long GMX: 24 payments, −$5.24; short Bullet: 24 payments, +$1.98.
- Note: Gap at its usual level−0.013% vs −0.008%The price leg adds little either way.
- Watch: Short leg is thinner$53K vs $509K OIBullet sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- OK: No KYC on either legGMX No · Bullet NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0144%/8h × 21 periods−$30.14
Price spread−0.013% → −0.008% (7d avg)−$0.44
Slippage, 4 ordersno data for GMX—
Fee GMX bp × 2 orders−$12.00
Fee Bullet bp × 2 orders−$8.00
Net, fees only · 7 days · $10k−$50.58
Costs to cover0.200%Break-evennever at this rate
Slippage: GMX: no order-book sample; Bullet: live order book, 14 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGGMX—————
SELL · SHORTBullet1.135.9 bp−$69.0 bp−$90doesn’t fitdoesn’t fit
Closing costs about the same again.
GMX: no data.
| 09-30 02:45 | MEXC | Other | Not NEAR anymore. It’s here. 👀 $NRR is officially trading on NYSE Arca. Continuation or sell the news? 🤔 @MEXC on X ↗ |
| 09-30 01:05 | Reya | Listing | NEARRUSDPERP no longer reported ($NEAR) seen by our collector |
| 09-29 11:00 | Bulk | Listing | NEAR-USD no longer reported ($NEAR) seen by our collector |
| 09-28 18:50 | Aevo | Other | bitcoin:native is back near $83k after trading above $86k last week. Whether you trade the continuation or pullback, all options and this week’s Perp Majors count toward the volume requirement for our year-end reward. This week’s Perp Majors include: BTC, ETH, SOL, ZEC, NEAR, HYPE, LIT, SPY, QQQ, HOOD, SNDK, MU, NVDA, TSLA, GOOGL. @aevoxyz on X ↗ |
| 09-28 14:46 | RISEx | Other | This week on RISEx Market Desk: Macro: A third central bank joins the hiking cycle, and Friday delivers the first jobs report since the Fed’s pivot Crypto: Solana’s biggest upgrade yet goes live, NEAR ETF clears key hurdles, and Zcash pulls off a 3-for-1 split. Equities: One trade, three tickers - Micron ($MU) reports after the close, with potential spillover to $SKHYNIX, $DRAM, and $SNDK Watching Friday closely. Trade well @risextrade on X ↗ |
| 09-28 03:00 | MEXC | Other | NEAR enough to get interesting. 👀 ETF access is getting closer. Momentum holds or cools off? @MEXC on X ↗ |
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