S

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0277%/8h= +30.4% APRnext payment +$0.35 per $10,000 · paid last 24h +0.152%

Price spread now: Extended against GMX−0.171%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on GMX Short on Extended

What this pair did over the last

the charts below follow

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—+ Points / potential airdropExtended: Active · farm boardneeds both histories

Funding pays, the price is against you. Extended is 0.171% cheaper against GMX than usual: you would sell low and buy high (spread −0.171% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$17 on $10k: about 2.1 days of funding at the current rate (+$8 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GMX S/USD [WBTC.b-USDC]	0.03930	L −0.0173% / S +0.0169%	get 0.0022% / 1h	45m 18s	$1K	—	100x
Short	Extended S-USD	0.03923	0.0104	get 0.0013% / 1h	45m 18s	$221K	$883K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against GMX. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee GMXbpFee ExtendedbpOrdersPrice spread, now −0.171%Rate

Funding earned: $58.24
Price spread: −0.171% → 0.000%: −$17.11
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee Extended: 2.5 bp × 2 orders: −$5
Net: $24.14
Costs to cover: 0.170%
Break-even: 4.1 days

Slippage unknown: GMX: no order-book sample; Extended: live order book, 42 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 Extended live order book, 42 min ago	3.79 bp	38.7 bp −$39	271.4 bp −$2,714	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.

S on 25 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
Kraken Futures PF_SUSD	−0.1453%	1h	0.03927	−0.085%	$33K	$33K	10x	as long as short
Coinbase International S-PERP-INTX	−0.1264%	1h	0.03826	−2.649%	$47K	$5K	25x	as long as short
Variational Omni S	−0.1174%	4h	0.03921	−0.244%	$610K	$34K	—	as long as short
GMX S/USD [WBTC.b-USDC]long	L −0.0173% / S +0.0169%	1h	0.03930	long leg	$1K	—	100x
Reya SRUSDPERP	−0.0101%	1h	0.03924	−0.165%	$4	—	15x	as long as short
Aster SUSDT	−0.0033%	4h	0.03930	−0.002%	$43K	$212K	10x	as long as short
01 Exchange SUSD	−0.0032%	1h	0.03920	−0.257%	$24K	$3K	5x	as long as short
Orderly PERP_S_USDC	−0.0018%	4h	0.03929	−0.028%	$101K	$340K	10x	as long as short
gTrade (Gains Network) S/USD	L +0.0001% / S +0.0006%	1h	0.03930	−0.003%	$606	—	150x	as long as short
Deribit S_USDC-PERPETUAL	+0.0004%	1h	0.03933	+0.074%	$66K	$10K	10x	as long as short

Show all 25 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective S/USDC PERP	+0.0033%	1h	0.04100	+4.323%	$2K	$37K	12x	as long as short
OKX S-USDT-SWAP	+0.0080%	4h	0.03923	−0.181%	$977K	$7.7M	20x	as long as short
Lighter S	+0.0096%	1h	0.03932	+0.048%	$165K	$240K	5x	as long as short
Hyperliquid S	+0.0100%	1h	0.03925	−0.135%	$990K	$929K	5x	as long as short
Binance SUSDT	+0.0100%	4h	0.03926	−0.104%	$5.4M	$24.3M	75x	as long as short
Bybit SUSDT	+0.0100%	4h	0.03918	−0.308%	$5.6M	$6.5M	50x	as long as short
Gate S_USDT	+0.0100%	4h	0.03921	−0.232%	$320K	$291K	50x	as long as short
MEXC S_USDT	+0.0100%	4h	0.03926	−0.104%	$3.5M	$2.5M	200x	as long as short
KuCoin SUSDTM	+0.0100%	4h	0.03924	−0.155%	$1.8M	$3.1M	50x	as long as short
Bitget SUSDT	+0.0100%	4h	0.03930	−0.003%	$1.2M	$3.0M	50x	as long as short
BingX S-USDT	+0.0100%	4h	0.03925	−0.130%	—	$6.8M	—	as long as short
ApeX Omni SUSDT	+0.0100%	1h	0.03930	−0.003%	$23K	$474K	50x	as long as short
Extended S-USDshort	+0.0104%	1h	0.03923	−0.171%	$221K	$883K	10x
BloFin S-USDT	+0.0340%	4h	0.03928	−0.053%	$273K	$179K	75x	as long as short
Backpack S_USDC_PERP	+0.0346%	1h	0.03940	+0.252%	$115K	$285K	5x	as long as short