Funding you earn now, next payment 03:00 UTC+1.1426%/8h= +1251.1% APRnext payment +$14.28 per $10,000 · paid last 24h +2.125%
Price spread now: GMX against 01 Exchange+4.876%7-day average — · you sell dearer than you buy
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
Both sides work for this trade now. Funding pays +$343 a day on $10k at the current rate, and GMX is 4.876% dearer against 01 Exchange than usual: you sell high and buy low: +$488 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | 01 Exchange SUSD | 0.03950 | −1.1624 | get 0.1453% / 1h | 15m 53s | $24K | $2K | 5x |
| Short | GMX S/USD [WBTC.b-USDC] | 0.04143 | L −0.0206% / S +0.0198% | pay 0.0025% / 1h | 15m 53s | $1K | — | 100x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX against 01 Exchange. 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
- $2,399.45
- Price spread: +4.876% → 0.000%
- $487.59
- Slippage, 4 orders
- no order book: not counted
- Fee 01 Exchange: 3.5 bp × 2 orders
- −$7
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- $2,868.05
- Costs to cover
- 0.190%
- Break-even
- from the start
Slippage unknown: 01 Exchange: no order-book sample; 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 01 Exchange no order-book sample | — | — | — | — | — |
| Sell GMX no order-book sample | — | — | — | — | — |
01 Exchange and 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 | |
|---|---|---|---|---|---|---|---|---|
| 01 Exchange SUSDlong | −1.1624% | 1h | 0.03950 | long leg | $24K | $2K | 5x | |
| Kraken Futures PF_SUSD | −0.1661% | 1h | 0.04135 | +4.690% | $34K | $16K | 10x | as long as short |
| Coinbase International S-PERP-INTX | −0.1456% | 1h | 0.04022 | +1.823% | $48K | $16K | 25x | as long as short |
| GMX S/USD [WBTC.b-USDC]short | L −0.0206% / S +0.0198% | 1h | 0.04143 | +4.876% | $1K | — | 100x | |
| Variational Omni S | −0.0114% | 4h | 0.04135 | +4.688% | $641K | $31K | — | as long as short |
| Reya SRUSDPERP | −0.0101% | 1h | 0.04136 | +4.703% | $4 | — | 15x | as long as short |
| gTrade (Gains Network) S/USD | L +0.0001% / S +0.0006% | 1h | 0.04142 | +4.859% | $3K | — | 150x | as long as short |
| Injective S/USDC PERP | +0.0033% | 1h | 0.04100 | +3.797% | $2K | $37K | 12x | as long as short |
| Orderly PERP_S_USDC | +0.0068% | 4h | 0.04139 | +4.785% | $103K | $333K | 10x | as long as short |
| Lighter S | +0.0096% | 1h | 0.04144 | +4.911% | $173K | $157K | 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 | 0.04141 | +4.835% | $1.0M | $556K | 5x | as long as short |
| Aster SUSDT | +0.0100% | 4h | 0.04139 | +4.782% | $45K | $133K | 10x | as long as short |
| Binance SUSDT | +0.0100% | 4h | 0.04140 | +4.822% | $5.7M | $13.8M | 75x | as long as short |
| Bybit SUSDT | +0.0100% | 4h | 0.04136 | +4.709% | $5.9M | $4.5M | 50x | as long as short |
| OKX S-USDT-SWAP | +0.0100% | 4h | 0.04136 | +4.709% | $1.1M | $4.0M | 20x | as long as short |
| Gate S_USDT | +0.0100% | 4h | 0.04140 | +4.810% | $340K | $201K | 50x | as long as short |
| MEXC S_USDT | +0.0100% | 4h | 0.04140 | +4.810% | $4.1M | $1.8M | 200x | as long as short |
| KuCoin SUSDTM | +0.0100% | 4h | 0.04136 | +4.709% | $1.9M | $2.7M | 50x | as long as short |
| Bitget SUSDT | +0.0100% | 4h | 0.04138 | +4.759% | $1.2M | $2.1M | 50x | as long as short |
| BingX S-USDT | +0.0100% | 4h | 0.04140 | +4.810% | — | $6.7M | — | as long as short |
| ApeX Omni SUSDT | +0.0100% | 1h | 0.04110 | +4.051% | $25K | $449K | 50x | as long as short |
| Extended S-USD | +0.0104% | 1h | 0.04139 | +4.776% | $234K | $1.1M | 10x | as long as short |
| BloFin S-USDT | +0.0340% | 4h | 0.04106 | +3.949% | $285K | $104K | 75x | as long as short |
| Deribit S_USDC-PERPETUAL | +0.0958% | 1h | 0.04144 | +4.911% | $70K | $10K | 10x | as long as short |
| Backpack S_USDC_PERP | +0.1619% | 1h | 0.04150 | +5.063% | $123K | $373K | 5x | as long as short |
01 Exchange SUSD
GMX S/USD [WBTC.b-USDC]
Kraken Futures PF_SUSD
Coinbase International S-PERP-INTX
Variational Omni S
gTrade (Gains Network) S/USD
Injective S/USDC PERP
Lighter S
Hyperliquid S
Aster SUSDT
Binance SUSDT
Bybit SUSDT
OKX S-USDT-SWAP
Gate S_USDT
MEXC S_USDT
KuCoin SUSDTM
Bitget SUSDT
BingX S-USDT
ApeX Omni SUSDT
Extended S-USD
BloFin S-USDT
Deribit S_USDC-PERPETUAL
Backpack S_USDC_PERP