Funding you earn now, next payment 04:00 UTC+0.1165%/8h= +127.6% APRpaid last 24h +0.336%
Price spread now: HTX against GMX−0.511%52s7-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
Funding pays, the price is against you. HTX is 0.511% cheaper against GMX than usual: you would sell low and buy high (spread −0.511% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$51 on $10k: about 35 hours of funding at the current rate (+$35 a day). The two prices were read 52 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 OP/USD [OP-USDC] | 0.1264 | L −0.1065% / S +0.0229% | get 0.0133% / 1h | 44m 19s | $13K | — | 100x |
| Short | HTX OP-USDT | 0.1258 | 0.0100 | get 0.0100% / 8h | 4h 44m | $173K | $232K | 50x |
GMX OP/USD [OP-USDC]
HTX OP-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX 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
- $244.68
- Price spread: −0.511% → 0.000%
- −$51.09
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- $169.59
- Costs to cover
- 0.240%
- Break-even
- 2.1 days
Slippage unknown: GMX: no order-book sample; HTX: live order book, 12 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 HTX live order book, 12 min ago | 9.05 bp | 23.1 bp −$23 | doesn't fit | 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.
OP on 30 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective OP/USDC PERP | −0.1607% | 1h | 0.1256 | −0.669% | $35K | $58K | 12x | as long as short |
| GMX OP/USD [OP-USDC]long | L −0.1065% / S +0.0229% | 1h | 0.1264 | long leg | $13K | — | 100x | |
| dYdX OP-USD | 0.0000% | 1h | 0.1261 | −0.293% | $39K | $519 | 10x | as long as short |
| Deribit OP_USDC-PERPETUAL | 0.0000% | 1h | 0.1259 | −0.432% | $42K | $151K | 25x | as long as short |
| gTrade (Gains Network) OP/USD | L +0.0004% / S −0.0004% | 1h | 0.1265 | +0.025% | — | — | 150x | as long as short |
| OKX OP-USDT-SWAP | +0.0036% | 8h | 0.1264 | −0.036% | $6.2M | $28.9M | 50x | as long as short |
| Variational Omni OP | +0.0044% | 8h | 0.1262 | −0.217% | $223K | $49K | — | as long as short |
| Orderly PERP_OP_USDC | +0.0054% | 8h | 0.1265 | +0.043% | $6K | $44K | 10x | as long as short |
| Lighter OP | +0.0096% | 1h | 0.1262 | −0.163% | $279K | $939K | 15x | as long as short |
| Hyperliquid OP | +0.0100% | 1h | 0.1266 | +0.090% | $3.7M | $3.0M | 5x | as long as short |
Injective OP/USDC PERP
dYdX OP-USD
Deribit OP_USDC-PERPETUAL
gTrade (Gains Network) OP/USD
OKX OP-USDT-SWAP
Variational Omni OP
Orderly PERP_OP_USDC
Lighter OP
Hyperliquid OPShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster OPUSDT | +0.0100% | 8h | 0.1263 | −0.126% | $211K | $219K | 10x | as long as short |
| Binance OPUSDT | +0.0100% | 8h | 0.1265 | +0.034% | $20.5M | $60.9M | 75x | as long as short |
| Bybit OPUSDT | +0.0100% | 8h | 0.1264 | −0.036% | $18.5M | $25.2M | 75x | as long as short |
| Gate OP_USDT | +0.0100% | 8h | 0.1264 | −0.021% | $2.0M | $1.4M | 50x | as long as short |
| MEXC OP_USDT | +0.0100% | 8h | 0.1265 | +0.019% | $21.2M | $7.1M | 300x | as long as short |
| KuCoin OPUSDTM | +0.0100% | 8h | 0.1263 | −0.115% | $2.9M | $6.6M | 75x | as long as short |
| Bitget OPUSDT | +0.0100% | 8h | 0.1264 | −0.036% | $5.8M | $6.5M | 75x | as long as short |
| BingX OP-USDC | +0.0100% | 8h | 0.1265 | +0.043% | — | $1.6M | — | as long as short |
| Backpack OP_USDC_PERP | +0.0100% | 1h | 0.1258 | −0.471% | $120K | $194K | 10x | as long as short |
| edgeX OPUSDC | +0.0100% | 4h | 0.1260 | −0.325% | $4K | $389K | 10x | as long as short |
| GRVT OP_USDT_Perp | +0.0100% | 8h | 0.1257 | −0.583% | $317K | $5.1M | 10x | as long as short |
| ApeX Omni OPUSDT | +0.0100% | 1h | 0.1261 | −0.274% | $43K | $709K | 50x | as long as short |
| SoDEX OP-USD | +0.0100% | 1h | 0.1258 | −0.495% | $198 | $6K | 5x | as long as short |
| HTX OP-USDTshort | +0.0100% | 8h | 0.1258 | −0.511% | $173K | $232K | 50x | |
| Extended OP-USD | +0.0104% | 1h | 0.1262 | −0.179% | $101K | $391K | 25x | as long as short |
| Aevo OP-PERP | +0.0104% | 1h | 0.1263 | −0.076% | $3K | $1K | 3x | as long as short |
| Coinbase International OP-PERP-INTX | +0.0168% | 1h | 0.1262 | −0.195% | $24K | $70K | 50x | as long as short |
| BloFin OP-USDT | +0.0220% | 8h | 0.1259 | −0.432% | $1.0M | $277K | 75x | as long as short |
| Kraken Futures PF_OPUSD | +0.0350% | 1h | 0.1259 | −0.459% | $786K | $572K | 20x | as long as short |
| Reya OPRUSDPERP | +0.0441% | 1h | 0.1264 | −0.012% | $703 | — | 20x | as long as short |
Aster OPUSDT
Binance OPUSDT
Bybit OPUSDT
Gate OP_USDT
MEXC OP_USDT
KuCoin OPUSDTM
Bitget OPUSDT
BingX OP-USDC
Backpack OP_USDC_PERP
edgeX OPUSDC
GRVT OP_USDT_Perp
ApeX Omni OPUSDT
SoDEX OP-USD
Extended OP-USD
Aevo OP-PERP
Coinbase International OP-PERP-INTX
BloFin OP-USDT
Kraken Futures PF_OPUSD
Reya OPRUSDPERP