Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.000004000 | L +0.0242S −0.0195 | pay 0.0030% / 1h | 4m 16s | $18K | $70K | 50x | Long GMX5% off | |
| SHORT | 0.000004346 | −0.0158 | pay 0.0020% / 1h | 4m 16s | $149K | $36K | 10x | Short Polymarket Perps |
Price gap+8.650%
Funding gap−0.0401% /8h
The gap pays +$865 on $10k if it goes back to zero (no 7-day history yet), but funding costs $12 a day and eats that in about 2 months. At the last 7 days' pace that is about 7 months.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$28−0.0401% /8h now · paid −0.281% over the last 7D
Price—spread +8.650% now · no price history on both exchanges yet
Costsno datano order book for GMX
Result, before costs—no pointsneeds both price histories
Price and funding
1h · historyPrice spread
Prices
Fundingper 8h
PRICE SPREAD · 7D
Now+8.650%
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
/8hPEPE on 39 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 + $1,000GMX 50x, Polymarket Perps 10x. 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: −$12.03Long GMX: 24 payments, −$7.27; short Polymarket Perps: 24 payments, −$4.75.
- Note: No 7-day spread history+8.650%The gap cannot be compared with its average yet.
- Watch: Long leg is thinner$18K vs $149K OIGMX 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 · Polymarket Perps NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0134%/8h × 21 periods−$28.13
Price spread+8.650% → 0+$865.00
Slippage, 4 ordersno data for GMX—
Fee GMX bp × 2 orders−$12.00
Fee Polymarket Perps bp × 2 orders−$8.00
Net, fees only · 7 days · $10k+$816.87
Costs to cover0.200%Break-evenfrom the start
Slippage: GMX: no order-book sample; Polymarket Perps: live order book, 37 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGGMX—————
SELL · SHORTPolymarket Perps2.296.3 bp−$610.3 bp−$103doesn’t fitdoesn’t fit
Closing costs about the same again.
GMX: no data.
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