S

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0200%/8h= +21.9% APRnext payment +$0.25 per $10,000 · paid last 24h +0.077%

Price spread now: gTrade (Gains Network) against GMX+0.019%7-day average — · you sell dearer than you buy

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

Long on GMX Short on gTrade (Gains Network)

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—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: +$6 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GMX S/USD [WBTC.b-USDC]	0.04019	L −0.0206% / S +0.0198%	get 0.0026% / 1h	17m 49s	$1K	—	100x
Short	gTrade (Gains Network) S/USD	0.04020	L +0.0001% / S +0.0006%	pay 0.0001% / 1h	17m 49s	$620	—	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) 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 gTrade (Gains Network)bpOrdersPrice spread, now +0.019%Rate

Funding earned: $41.96
Price spread: +0.019% → 0.000%: $1.87
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Net: $21.82
Costs to cover: 0.220%
Break-even: 3.4 days

Slippage unknown: GMX: no order-book sample; gTrade (Gains Network): 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 GMX no order-book sample	—	—	—	—	—
Sell gTrade (Gains Network) no order-book sample	—	—	—	—	—

GMX and gTrade (Gains Network): 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
01 Exchange SUSD	−0.9952%	1h	0.03850	−4.215%	$24K	$2K	5x	as long as short
Kraken Futures PF_SUSD	−0.1809%	1h	0.04020	+0.006%	$35K	$16K	10x	as long as short
Coinbase International S-PERP-INTX	−0.1232%	1h	0.03961	−1.453%	$48K	$18K	25x	as long as short
GMX S/USD [WBTC.b-USDC]long	L −0.0206% / S +0.0198%	1h	0.04019	long leg	$1K	—	100x
Reya SRUSDPERP	−0.0101%	1h	0.04019	−0.007%	$4	—	15x	as long as short
Variational Omni S	−0.0081%	4h	0.04012	−0.177%	$623K	$25K	—	as long as short
gTrade (Gains Network) S/USDshort	L +0.0001% / S +0.0006%	1h	0.04020	+0.019%	$620	—	150x
Injective S/USDC PERP	+0.0033%	1h	0.04100	+2.005%	$2K	$37K	12x	as long as short
Orderly PERP_S_USDC	+0.0084%	4h	0.04022	+0.065%	$100K	$553K	10x	as long as short
Lighter S	+0.0096%	1h	0.04027	+0.189%	$171K	$140K	5x	as long as short

Show all 25 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid S	+0.0100%	1h	0.04018	−0.027%	$1.0M	$595K	5x	as long as short
Aster SUSDT	+0.0100%	4h	0.04025	+0.150%	$47K	$111K	10x	as long as short
Binance SUSDT	+0.0100%	4h	0.04023	+0.090%	$5.7M	$13.7M	75x	as long as short
Bybit SUSDT	+0.0100%	4h	0.04021	+0.040%	$5.7M	$4.3M	50x	as long as short
OKX S-USDT-SWAP	+0.0100%	4h	0.04020	+0.015%	$1.0M	$3.8M	20x	as long as short
Gate S_USDT	+0.0100%	4h	0.04019	−0.010%	$327K	$185K	50x	as long as short
MEXC S_USDT	+0.0100%	4h	0.04025	+0.139%	$3.8M	$1.7M	200x	as long as short
KuCoin SUSDTM	+0.0100%	4h	0.04017	−0.060%	$1.8M	$2.7M	50x	as long as short
Bitget SUSDT	+0.0100%	4h	0.04023	+0.090%	$1.2M	$2.3M	50x	as long as short
BingX S-USDT	+0.0100%	4h	0.04024	+0.114%	—	$6.8M	—	as long as short
ApeX Omni SUSDT	+0.0100%	1h	0.04020	+0.015%	$24K	$483K	50x	as long as short
Extended S-USD	+0.0104%	1h	0.04022	+0.058%	$226K	$593K	10x	as long as short
BloFin S-USDT	+0.0340%	4h	0.04024	+0.114%	$277K	$115K	75x	as long as short
Deribit S_USDC-PERPETUAL	+0.0745%	1h	0.04026	+0.164%	$68K	$10K	10x	as long as short
Backpack S_USDC_PERP	+0.2370%	1h	0.04030	+0.264%	$117K	$426K	5x	as long as short