GDX

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	BinanceGDXUSDT	83.228	0	0.0000% / 8h	7h 51m	$427K	$1.2M	20x	Long Binance
SHORT	KuCoinGDXUSDTM	83.130	0	0.0000% / 8h	7h 51m	$4K	$800K	20x	Short KuCoin

Price gap−0.118%

Funding gap0.0000% /8h

Funding is ≈ 0 and the gap is 0.096% under its 7d average: the price leg works against you, −$10 on $10k if it goes back.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast

Funding−$10.0000% /8h now · paid −0.013% over the last 7D

Price−$10spread −0.118% now, avg −0.021% → −0.096% if it goes back

Costsdoesn’t fit$10k a leg is deeper than the books hold

Result, before costs−$11−0.11%no pointscosts unknown: book too thin at $10k ·

Price and funding

1h · history

Entry / Exit

Price spread

Prices

Fundingper 8h

ENTRY / EXIT · 7D

Entry now—

Entry average—

Best entry—

Exit now—

Exit average—

Best exit—

Exit free—

PRICE SPREAD · 7D

Now−0.118%

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

GDX on 10 exchanges

lowest funding first

Before you open

1 ok · 4 to watch

Problem: Doesn’t fit the books—
$10k a leg is deeper than KuCoin’s order book right now.
Note: Margin at max leverage$500 + $500
Binance 20x, KuCoin 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
OK: Same payment interval8h / 8h
Both legs pay at the same time.
Next 24h at the current rates, on $10k a leg: $0.00Long Binance: 3 payments, $0.00; short KuCoin: 3 payments, $0.00.
Watch: Gap narrower than usual−0.118% vs −0.021%
Less room for the price leg to pay you. If it goes back to average, the short loses.
Watch: Short leg is thinner$4K vs $427K OI
KuCoin sets your exit cost. Check its book before closing.
Note: No points program—
Neither exchange runs points right now.
Watch: KYCBinance Yes · KuCoin Yes
Verified KYC to deposit or trade; futures accounts under 30 days old are capped at 20x.

Profit calculator

both legs, in and out

Position, each leg

Hold for

Orders

Price spread

Funding rate

Funding earned−0.0007%/8h × 21 periods−$1.39

Price spread−0.118% → −0.021% (7d avg)−$9.65

Slippage, 4 ordersdoesn’t fit the book at $10k—

Fee Binance bp × 2 orders−$8.00

Fee KuCoin bp × 2 orders−$12.00

Net · 7 days · $10k—

doesn’t fit the books at $10k

Costs to cover—Break-even—

Slippage: Binance: live order book, 14 min ago; KuCoin: live order book, 16 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGBinance13.3031.1 bp−$31doesn’t fitdoesn’t fitdoesn’t fit

SELL · SHORTKuCoin14.48doesn’t fitdoesn’t fitdoesn’t fitdoesn’t fit

Closing costs about the same again.

GDX news

posts that mention GDX, from every exchange

11-03 01:05	edgeX	Listing	GDXUSDC no longer reported ($GDX) seen by our collector
10-30 09:00	KuCoin	Listing	new market GDXUSDTM ($GDX) seen by our collector
10-13 11:32	Paragon	Listing	VanEck Gold Miners ($GDX) is now trading 24/7 on Hyperliquid. Up to 10x leverage. The largest global gold mining companies. Trade now on Hyperliquid: @tradeparagon on X ↗
10-13 10:50	Paragon	Listing	new market para:GDX ($GDX) seen by our collector
09-21 13:35	gTrade (Gains Network)	Listing	new market GDX/USD ($GDX) seen by our collector

GDX