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 Bitget−0.043%7-day average +0.019% · you buy dearer than you sell
Net, funding: paid 7d − costs−$230as in the Funding arb table
Net, price: spread back to 7d avg − costs−$240as in the Price arb table
costs, in and out, $10k−$2332.335% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.035%+$4 on $10k
Price spread, last 4 days (all we have)+0.029%+$3 · spread now −0.043%, 7d avg +0.019%
Together, before fees+0.065%+$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 0.062% cheaper against Bitget than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of +0.019%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget GDXUSDT94.1100get 0.0000% / 8h1h 59m$274K$367K20x
ShortGate GDX_USDT94.0700get 0.0000% / 8h1h 59m$168K$145K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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: −0.043% → +0.019%
−$6.18
Slippage, 4 orders
−$206.46
Fee Bitget: 6 bp × 2 orders
−$12
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$239.64
Costs to cover
2.335%
Break-even
never at this rate
Slippage from Bitget: live order book, 40 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 Bitget live order book, 40 min ago9.54 bp17.2 bp −$1721.4 bp −$214doesn't fitdoesn't fit
Sell Gate live order book, 41 min ago12.20 bp41.9 bp −$42doesn'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−0.0250%4h94.123+0.013%$96K$226K10xas long as short
Binance GDXUSDT0.0000%8h94.090−0.021%$424K$264K20xas long as short
Bybit GDXUSDT0.0000%8h93.990−0.128%$248K$47K25xas long as short
Gate GDX_USDTshort0.0000%8h94.070−0.043%$168K$145K20x
MEXC GDX_USDT0.0000%8h94.090−0.021%$841K$89K20xas long as short
Bitget GDXUSDTlong0.0000%8h94.110long leg$274K$367K20x
HTX GDX-USDT0.0000%8h94.130+0.021%$8K$320K20xas long as short
Vest GDX-USD-PERP+0.0046%1h93.910−0.213%25xas long as short