Settings8H · net · $10k
Funding arb · Price arb /

GDX

RWAall GDX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against Binance+0.026%7-day average −0.081% · you sell dearer than you buy
Net, funding: paid 7d − costs−$89as in the Funding arb table
Net, price: spread back to 7d avg − costs−$81as in the Price arb table
costs, in and out, $10k−$910.912% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.025%+$2 on $10k
Price spread, last 2 days (all we have)+0.041%+$4 · spread now +0.026%, 7d avg −0.081%
Together, before fees+0.066%+$7 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.107% dearer against Binance than usual: you sell high and buy low, +$11 on $10k if it goes back to its 7-day average of −0.081%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance GDXUSDT94.0850get 0.0000% / 8h1h 58m$424K$264K20x
ShortBitget GDXUSDT94.1100get 0.0000% / 8h1h 58m$274K$367K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Binance. 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

Funding earned
$0
Price spread: +0.026% → −0.081%
$10.68
Slippage, 4 orders
−$69.2
Fee Binance: 5 bp × 2 orders
−$10
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$80.52
Costs to cover
0.912%
Break-even
never at this rate
Slippage from Binance: live order book, 33 min ago; Bitget: live order book, 41 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 33 min ago1.06 bp35.0 bp −$35113.7 bp −$1,137doesn't fitdoesn't fit
Sell Bitget live order book, 41 min ago9.54 bp16.3 bp −$1627.9 bp −$279doesn't fitdoesn't fit

GDX on 8 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance GDXUSDTlong0.0000%8h94.085long leg$424K$264K20x
Bybit GDXUSDT0.0000%8h93.970−0.123%$248K$47K25xas long as short
Gate GDX_USDT0.0000%8h94.070−0.016%$168K$139K20xas long as short
MEXC GDX_USDT0.0000%8h94.050−0.038%$841K$86K20xas long as short
Bitget GDXUSDTshort0.0000%8h94.110+0.026%$274K$367K20x
HTX GDX-USDT0.0000%8h94.130+0.047%$8K$321K20xas long as short
Vest GDX-USD-PERP+0.0046%1h93.910−0.186%25xas long as short
edgeX GDXUSDC+0.0442%4h94.107+0.022%$96K$226K10xas long as short