TxFlow Level Up: trade perps and earn up to 300 USDC at $4M volume. Until Nov 2 Join
Settings8H · net · $10k
LanguageThe language of the site
ThemeDark, or a soft blue-grey
FundingPeriod funding rates are shown in
UnitsPercent or basis points
CostsCount taker fees and slippage in Net
SizePosition per leg used for Net and slippage
ExchangesWhich exchanges to include everywhere
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Backtest 30d
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG1.6805L +0.0145S −0.0135pay 0.0018% / 1h51m 26s$9K$68K50xLong GMX5% off
SHORT1.6844−0.0472pay 0.0059% / 1h51m 26s$201K$38K5xShort Phoenix
Price gap+0.231%
Funding gap−0.0617% /8h

The gap pays +$23 on $10k if it goes back to zero (no 7-day history yet), but funding costs $19 a day and eats that in about 30 hours.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding−$124−0.0617% /8h now · paid −1.242% over the last 7D
Price—spread +0.231% now · no price history on both exchanges yet
Costsno datano order book for GMX
Result, before costs—no pointsneeds both price histories

Price and funding

1h · history
PRICE SPREAD · 7D
Now+0.231%
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

/8h

ZRO on 31 exchanges

lowest funding first

Before you open

2 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 + $2,000
    GMX 50x, Phoenix 5x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
  • OK: Same payment interval1h / 1h
    Both legs pay at the same time.
    Next 24h at the current rates, on $10k a leg: −$18.51Long GMX: 24 payments, −$4.34; short Phoenix: 24 payments, −$14.17.
  • Note: No 7-day spread history+0.231%
    The gap cannot be compared with its average yet.
  • Watch: Long leg is thinner$9K vs $201K OI
    GMX 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 · Phoenix No
    Both exchanges let you trade without ID.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned−0.0591%/8h × 21 periods−$124.19
Price spread+0.231% → 0+$23.11
Slippage, 4 ordersno data for GMX—
Fee GMX bp × 2 orders−$12.00
Fee Phoenix bp × 2 orders−$7.00
Net, fees only · 7 days · $10k−$120.07
Costs to cover0.190%Break-evenfrom the start
Slippage: GMX: no order-book sample; Phoenix: live order book, 60 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGGMX—————
SELL · SHORTPhoenix2.9520.3 bp−$2059.0 bp−$590doesn’t fitdoesn’t fit

Closing costs about the same again.
GMX: no data.

Alert

ZRO news

posts that mention ZRO, from every exchangeSearch all news →
10-26 07:15AZverseListingnew market zro_usdt ($ZRO) seen by our collector
10-21 12:23OKXOtherZEC (@Zcash) takes the spotlight in X Drops in Europe. Hold ZEC, TAO, LTC, ONDO, LINK, ZRO, LIT, ENA, DOGE or ARB for a share of 200 $ZEC, with 2× on all ZEC trades. Ends Oct 26, 14:00 CEST. @okx on X ↗
10-19 19:00RISExOtherThe Fed’s gone quiet. Oct 28 hike odds have already slipped to the 10 - 16% range So Big Tech's earnings and Friday’s flash PMIs will most likely carry the tape for this week On crypto: ZRO unlock alongside ZEC's NU7 decision Watch out for Wednesday and Friday @risextrade on X ↗
10-15 13:32RISExOtherHappy trading $GOOGL: $STRK: $ZRO: @risextrade on X ↗
10-15 13:32RISExListingThis week adds: $GOOGL, Google how to long it. (20x) $STRK, Startnet your L2 bags. (5x) $ZRO, Zero hops between chains. (5x) All three are live More next week. @risextrade on X ↗
10-15 07:23RISExListingnew market ZRO/USDC ($ZRO) seen by our collector