Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.3786 | L +0.0251S −0.0203 | pay 0.0031% / 1h | 52m 53s | $17K | $268K | 50x | Long GMX5% off | |
| SHORT | 0.3804 | +0.0897 | get 0.0112% / 1h | 52m 53s | $3K | $129K | 10x | Short Aftermath Perps5% off |
Price gap+0.473%
Funding gap+0.0646% /8h
Both sides work: funding pays +$19 a day on $10k, and the gap is 0.426% above its 7d average: +$43 more if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$109+0.0646% /8h now · paid +1.089% over the last 7D
Price+$43spread +0.473% now, avg +0.047% → +0.426% if it goes back
Costsno datano order book for GMX
Result, before costs+$151+1.51%no pointscosts unknown: no order book for GMX · What the last 7D really paid, hour by hour → backtest
Price and funding
1h · historyPrice spread
Prices
Fundingper 8h
PRICE SPREAD · 7D
Now+0.473%
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
/8hWLD on 43 exchanges
lowest funding firstBefore you open
3 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, Aftermath 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: +$19.38Long GMX: 24 payments, −$7.54; short Aftermath Perps: 24 payments, +$26.92.
- OK: Entry gap works for you+0.473% vs +0.047%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Short leg is thinner$3K vs $17K OIAftermath Perps 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 · Aftermath Perps NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0518%/8h × 21 periods+$108.86
Price spread+0.473% → +0.047% (7d avg)+$42.58
Slippage, 4 ordersno data for GMX—
Fee GMX bp × 2 orders−$12.00
Fee Aftermath Perps bp × 2 orders−$9.00
Net, fees only · 7 days · $10k+$130.44
Costs to cover0.210%Break-evenfrom the start
Slippage: GMX: no order-book sample; Aftermath Perps: live order book, 25 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGGMX—————
SELL · SHORTAftermath Perps12.3229.6 bp−$30doesn’t fitdoesn’t fitdoesn’t fit
Closing costs about the same again.
GMX: no data.
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