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: Binance against Bitget+0.303%7-day average +0.079% · you sell dearer than you buy
Net, funding: paid 7d − costs−$72as in the Funding arb table
Net, price: spread back to 7d avg − costs−$47as in the Price arb table
costs, in and out, $10k−$690.693% 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)−0.430%−$43 · spread now +0.303%, 7d avg +0.079%
Together, before fees−0.454%−$45 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: Binance is 0.225% dearer against Bitget than usual: you sell high and buy low, +$22 on $10k if it goes back to its 7-day average of +0.079%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget GDXUSDT94.2700get 0.0000% / 8h4h 26m$282K$349K20x
ShortBinance GDXUSDT94.5560get 0.0000% / 8h4h 26m$423K$261K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Bitget. 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: +0.303% → +0.079%
$22.48
Slippage, 4 orders
−$47.35
Fee Bitget: 6 bp × 2 orders
−$12
Fee Binance: 5 bp × 2 orders
−$10
Net
−$46.86
Costs to cover
0.693%
Break-even
never at this rate
Slippage from Bitget: live order book, 24 min ago; Binance: live order book, 35 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 Bitget live order book, 24 min ago8.49 bp15.7 bp −$1619.0 bp −$190doesn't fitdoesn't fit
Sell Binance live order book, 35 min ago5.82 bp24.5 bp −$2595.6 bp −$956doesn'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 GDXUSDTshort0.0000%8h94.556+0.303%$423K$261K20x
Bybit GDXUSDT0.0000%8h94.460+0.202%$242K$41K25xas long as short
Gate GDX_USDT0.0000%8h94.530+0.276%$168K$150K20xas long as short
MEXC GDX_USDT0.0000%8h94.510+0.255%$845K$88K20xas long as short
Bitget GDXUSDTlong0.0000%8h94.270long leg$282K$349K20x
HTX GDX-USDT0.0000%8h94.540+0.286%$8K$321K20xas long as short
Vest GDX-USD-PERP+0.0046%1h94.230−0.042%25xas long as short
edgeX GDXUSDC+0.0249%4h94.521+0.266%$96K$226K10xas long as short