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 Bybit0.000%7-day average −0.070% · you sell dearer than you buy
Net, funding: paid 7d − costs−$230as in the Funding arb table
Net, price: spread back to 7d avg − costs−$226as in the Price arb table
costs, in and out, $10k−$2332.329% 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 4 days (all we have)−0.295%−$30 · spread now 0.000%, 7d avg −0.070%
Together, before fees−0.271%−$27 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 0.070% dearer against Bybit than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of −0.070%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit GDXUSDT94.5300get 0.0000% / 8h5h 14m$242K$40K25x
ShortBitget GDXUSDT94.5300get 0.0000% / 8h5h 14m$248K$351K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Bybit. 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: 0.000% → −0.070%
$7.04
Slippage, 4 orders
−$209.93
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$225.89
Costs to cover
2.329%
Break-even
never at this rate
Slippage from Bybit: live order book, 31 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 Bybit live order book, 31 min ago8.47 bp97.6 bp −$98382.2 bp −$3,822doesn't fitdoesn't fit
Sell Bitget live order book, 41 min ago15.86 bp25.5 bp −$2639.7 bp −$397doesn'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+0.094%$96K$226K10xas long as short
Binance GDXUSDT0.0000%8h94.522−0.008%$411K$242K20xas long as short
Bybit GDXUSDTlong0.0000%8h94.530long leg$242K$40K25x
Gate GDX_USDT0.0000%8h94.610+0.085%$168K$150K20xas long as short
MEXC GDX_USDT0.0000%8h94.5300.000%$845K$87K20xas long as short
Bitget GDXUSDTshort0.0000%8h94.5300.000%$248K$351K20x
HTX GDX-USDT0.0000%8h94.570+0.042%$8K$323K20xas long as short
Vest GDX-USD-PERP+0.0046%1h94.570+0.042%25xas long as short