Settings8H · net · $10k
Funding arb · Price arb /

GDX

RWAall GDX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0468%/8h= −51.2% APRpaid last 24h +0.049%
Price spread now: edgeX against HTX−0.014%7-day average −0.035% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.008%+$1 on $10k
Price spread, last 4 days (all we have)−0.041%−$4 · spread now −0.014%, 7d avg −0.035%
Together, before fees−0.034%+ Points / potential airdropedgeX: Active · farm board−$3 on $10k · with fees, hour by hour
The price spread pays, funding is against you. edgeX is 0.021% dearer against HTX than usual: you sell high and buy low (spread −0.014% now, against its 7-day average of −0.035%): +$2 on $10k if it goes back. Holding the pair costs −$14 a day in funding at the current rate, which eats that in about 4 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.008% in total (about 0.4% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX GDX-USDT94.2600get 0.0000% / 8h3h 30m$8K$320K20x
ShortedgeX GDXUSDC94.247−0.0468pay 0.0234% / 4h3h 30m$96K$226K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against HTX. 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
−$98.25
Price spread: −0.014% → −0.035%
$2.06
Slippage, 4 orders
no order book: not counted
Fee HTX: 6 bp × 2 orders
−$12
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$117.19
Costs to cover
0.210%
Break-even
never at this rate
Slippage unknown: HTX: live order book, 22 min ago; edgeX: live order book, 22 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy HTX live order book, 22 min ago44.01 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell edgeX live order book, 22 min ago8.48 bp33.4 bp −$33doesn'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 GDXUSDCshort−0.0468%4h94.247−0.014%$96K$226K10x
Binance GDXUSDT0.0000%8h94.238−0.023%$421K$261K20xas long as short
Bybit GDXUSDT0.0000%8h94.250−0.011%$241K$39K25xas long as short
Gate GDX_USDT0.0000%8h94.250−0.011%$168K$146K20xas long as short
MEXC GDX_USDT0.0000%8h94.250−0.011%$843K$88K20xas long as short
Bitget GDXUSDT0.0000%8h94.300+0.042%$282K$338K20xas long as short
HTX GDX-USDTlong0.0000%8h94.260long leg$8K$320K20x
Vest GDX-USD-PERP+0.0046%1h94.290+0.032%25xas long as short