Funding you earn now, next payment 02:00 UTC+0.0812%/8h= +88.9% APRpaid last 24h +0.144%
Price spread now: GMX against OKX−0.013%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
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$24 a day on $10k at the current rate. 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 | OKX RENDER-USDT-SWAP | 1.8430 | 0.0100 | pay 0.0050% / 4h | 2h 10m | $3.1M | $8.1M | 20x |
| Short | GMX RENDER/USD [ETH-USDC] | 1.8428 | L +0.0364% / S −0.0912% | get 0.0114% / 1h | 10m 37s | $15K | — | 100x |
OKX RENDER-USDT-SWAP
GMX RENDER/USD [ETH-USDC]Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX against OKX. 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
- $170.57
- Price spread: −0.013% → 0.000%
- −$1.27
- Slippage, 4 orders
- no order book: not counted
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- $147.3
- Costs to cover
- 0.220%
- Break-even
- 1.0 days
Slippage unknown: OKX: live order book, 2 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 OKX live order book, 2 min ago | 2.71 bp | 16.6 bp −$17 | 54.9 bp −$549 | doesn't fit | doesn't fit |
| 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.
RENDER on 21 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 RENDER/USDC PERP | −0.0344% | 1h | 1.8410 | −0.109% | $6K | $188K | 12x | as long as short |
| dYdX RENDER-USD | 0.0000% | 1h | 1.8437 | +0.036% | $19K | $21K | 5x | as long as short |
| Deribit RENDER_USDC-PERPETUAL | 0.0000% | 1h | 1.8449 | +0.103% | $11K | $30K | 25x | as long as short |
| Aster RENDERUSDT | +0.0100% | 4h | 1.8441 | +0.057% | $266K | $141K | 20x | as long as short |
| Binance RENDERUSDT | +0.0100% | 4h | 1.8420 | −0.054% | $12.2M | $45.8M | 75x | as long as short |
| Bybit RENDERUSDT | +0.0100% | 4h | 1.8410 | −0.109% | $11.8M | $12.9M | 50x | as long as short |
| OKX RENDER-USDT-SWAPlong | +0.0100% | 4h | 1.8430 | long leg | $3.1M | $8.1M | 20x | |
| Gate RENDER_USDT | +0.0100% | 4h | 1.8431 | +0.005% | $563K | $1.1M | 50x | as long as short |
| MEXC RENDER_USDT | +0.0100% | 4h | 1.8430 | 0.000% | $11.0M | $10.9M | 200x | as long as short |
| KuCoin RENDERUSDTM | +0.0100% | 4h | 1.8420 | −0.054% | $4.9M | $12.0M | 50x | as long as short |
Injective RENDER/USDC PERP
dYdX RENDER-USD
Deribit RENDER_USDC-PERPETUAL
Aster RENDERUSDT
Binance RENDERUSDT
Bybit RENDERUSDT
Gate RENDER_USDT
MEXC RENDER_USDT
KuCoin RENDERUSDTMShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget RENDERUSDT | +0.0100% | 4h | 1.8427 | −0.016% | $9.9M | $10.6M | 50x | as long as short |
| BingX RENDER-USDT | +0.0100% | 4h | 1.8430 | 0.000% | — | $3.6M | — | as long as short |
| Variational Omni RENDER | +0.0100% | 4h | 1.8432 | +0.010% | $227K | $277K | — | as long as short |
| ApeX Omni RENDERUSDT | +0.0100% | 1h | 1.8426 | −0.022% | $46K | $253K | 50x | as long as short |
| Phemex RENDERUSDT | +0.0100% | 8h | 1.8450 | +0.109% | $1.8M | $3.9M | 50x | as long as short |
| Extended RENDER-USD | +0.0104% | 1h | 1.8421 | −0.046% | $28K | $192K | 10x | as long as short |
| Coinbase International RENDER-PERP-INTX | +0.0168% | 1h | 1.8520 | +0.488% | $151K | $59K | 50x | as long as short |
| Phoenix RENDER | +0.0217% | 1h | 1.8447 | +0.092% | $47K | $297K | 5x | as long as short |
| GMX RENDER/USD [ETH-USDC]short | L +0.0364% / S −0.0912% | 1h | 1.8428 | −0.013% | $15K | — | 100x | |
| Kraken Futures PF_RENDERUSD | +0.0666% | 1h | 1.8473 | +0.233% | $489K | $1.1M | 50x | as long as short |
| Hyperliquid RENDER | +0.0836% | 1h | 1.8448 | +0.098% | $4.2M | $3.3M | 5x | as long as short |
Bitget RENDERUSDT
BingX RENDER-USDT
Variational Omni RENDER
ApeX Omni RENDERUSDT
Phemex RENDERUSDT
Extended RENDER-USD
Coinbase International RENDER-PERP-INTX
Phoenix RENDER
Kraken Futures PF_RENDERUSD
Hyperliquid RENDER