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 Gate+0.275%7-day average −0.016% · you sell dearer than you buy
Net, funding: paid 7d − costs−$227as in the Funding arb table
Net, price: spread back to 7d avg − costs−$194as in the Price arb table
costs, in and out, $10k−$2232.230% 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)−0.276%−$28 · spread now +0.275%, 7d avg −0.016%
Together, before fees−0.312%−$31 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 0.291% dearer against Gate than usual: you sell high and buy low, +$29 on $10k if it goes back to its 7-day average of −0.016%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate GDX_USDT94.6200get 0.0000% / 8h6h 06m$167K$151K20x
ShortBitget GDXUSDT94.8800get 0.0000% / 8h6h 06m$248K$345K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Gate. 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: +0.275% → −0.016%
$29.11
Slippage, 4 orders
−$196
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$193.89
Costs to cover
2.230%
Break-even
never at this rate
Slippage from Gate: live order book, 54 min ago; Bitget: live order book, 54 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 Gate live order book, 54 min ago23.71 bp107.1 bp −$107doesn't fitdoesn't fitdoesn't fit
Sell Bitget live order book, 54 min ago18.44 bp29.3 bp −$2946.6 bp −$466doesn'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 GDXUSDT0.0000%8h94.522−0.103%$411K$236K20xas long as short
Bybit GDXUSDT0.0000%8h94.520−0.106%$241K$39K25xas long as short
Gate GDX_USDTlong0.0000%8h94.620long leg$167K$151K20x
MEXC GDX_USDT0.0000%8h94.540−0.085%$845K$88K20xas long as short
Bitget GDXUSDTshort0.0000%8h94.880+0.275%$248K$345K20x
HTX GDX-USDT0.0000%8h94.540−0.085%$8K$325K20xas long as short
edgeX GDXUSDC+0.0016%4h94.547−0.077%$96K$225K10xas long as short
Vest GDX-USD-PERP+0.0046%1h94.570−0.053%25xas long as short