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: MEXC against Bybit−0.032%7-day average −0.008% · you buy dearer than you sell
Net, funding: paid 7d − costs−$208as in the Funding arb table
Net, price: spread back to 7d avg − costs−$210as in the Price arb table
costs, in and out, $10k−$2082.077% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 4 days (all we have)−0.046%−$5 · spread now −0.032%, 7d avg −0.008%
Together, before fees−0.046%−$5 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: MEXC is 0.024% cheaper against Bybit than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of −0.008%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit GDXUSDT94.2800get 0.0000% / 8h3h 26m$242K$40K25x
ShortMEXC GDX_USDT94.2500get 0.0000% / 8h3h 26m$843K$88K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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: −0.032% → −0.008%
−$2.4
Slippage, 4 orders
−$196.73
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee MEXC: 0 bp × 2 orders
$0
Net
−$210.13
Costs to cover
2.077%
Break-even
never at this rate
Slippage from Bybit: live order book, 9 min ago; MEXC: live order book, 19 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, 9 min ago8.49 bp94.1 bp −$94378.9 bp −$3,789doesn't fitdoesn't fit
Sell MEXC live order book, 19 min ago4.77 bp29.7 bp −$30160.6 bp −$1,606221.5 bp −$22.2Kdoesn'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−0.0682%4h94.245−0.037%$96K$224K10xas long as short
Binance GDXUSDT0.0000%8h94.234−0.049%$421K$261K20xas long as short
Bybit GDXUSDTlong0.0000%8h94.280long leg$242K$40K25x
Gate GDX_USDT0.0000%8h94.250−0.032%$168K$146K20xas long as short
MEXC GDX_USDTshort0.0000%8h94.250−0.032%$843K$88K20x
Bitget GDXUSDT0.0000%8h94.370+0.095%$282K$338K20xas long as short
HTX GDX-USDT0.0000%8h94.260−0.021%$8K$320K20xas long as short
Vest GDX-USD-PERP+0.0046%1h94.290+0.011%25xas long as short