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: Gate against Binance+0.080%7-day average −0.023% · you sell dearer than you buy
Net, funding: paid 7d − costs−$259as in the Funding arb table
Net, price: spread back to 7d avg − costs−$255as in the Price arb table
costs, in and out, $10k−$2652.650% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.060%+$6 on $10k
Price spread, last 2 days (all we have)0.000%$0 · spread now +0.080%, 7d avg −0.023%
Together, before fees+0.060%+$6 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: Gate is 0.103% dearer against Binance than usual: you sell high and buy low, +$10 on $10k if it goes back to its 7-day average of −0.023%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance GDXUSDT94.5040get 0.0000% / 8h5h 14m$410K$242K20x
ShortGate GDX_USDT94.5800get 0.0000% / 8h5h 14m$168K$149K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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: +0.080% → −0.023%
$10.29
Slippage, 4 orders
−$240.02
Fee Binance: 5 bp × 2 orders
−$10
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$254.72
Costs to cover
2.650%
Break-even
never at this rate
Slippage from Binance: live order book, 62 min ago; Gate: 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, 62 min ago3.69 bp22.4 bp −$2287.3 bp −$873doesn't fitdoesn't fit
Sell Gate live order book, 41 min ago13.23 bp95.9 bp −$96doesn't fitdoesn'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
edgeX GDXUSDC−0.0031%4h94.619+0.121%$96K$226K10xas long as short
Binance GDXUSDTlong0.0000%8h94.504long leg$410K$242K20x
Bybit GDXUSDT0.0000%8h94.500−0.004%$242K$40K25xas long as short
Gate GDX_USDTshort0.0000%8h94.580+0.080%$168K$149K20x
MEXC GDX_USDT0.0000%8h94.540+0.038%$845K$87K20xas long as short
Bitget GDXUSDT0.0000%8h94.530+0.027%$248K$351K20xas long as short
HTX GDX-USDT0.0000%8h94.570+0.070%$8K$323K20xas long as short
Vest GDX-USD-PERP+0.0046%1h94.620+0.123%25xas long as short