Head to head
the arrow points to the better figure| GMX | OKX | |
|---|---|---|
| Trading | ||
| — | BTC trade, $10k | $10.01 |
| — | BTC trade, $1M | $1,150 |
| — | BTC book depth | $11.0M |
| 0.060%/0.040% | Taker / maker▶ | 0.050%/0.020% |
| 100x | Max leverage≈ | 100x |
| Size | ||
| $68.6M | Volume 24h▶ | $32.78B |
| $62.5M | Volume, 7-day average▶ | $22.93B |
| $48.7Mlongs + shorts | Open interest | $6.77Bone side |
| $203.8M | TVL | — |
| Markets | ||
| 124 | Markets▶ | 527 |
| 8 | Stocks & RWA▶ | 232 |
| 1h | Funding paid every | 1h or 2h or 4h or 8h |
| L +0.0192% / S −0.0170% | BTC funding /8h | +0.0100% |
| +1.294% | BTC longs paid, 30d | +0.561% |
| Access | ||
| No ID | ◀KYC | Required |
| $GMX | Token | $OKB |
| Not active | Airdrop | — |
Cost to trade BTC
| Size | GMX | OKX |
|---|---|---|
| $1k | — | $1.0010.0 bp |
| $10k | — | $10.0110.0 bp |
| $100k | — | $10010.0 bp |
| $1M | — | $1,15011.5 bp |
| $5M | — | $7,65915.3 bp |
BTC funding per day
pair pageSize
daily, last 90 daysVolume by asset class
last 90 daysOn both: 96
funding /8h · Net 7d at $10k| Asset | GMX | OKX | Spread | Net 7d |
|---|---|---|---|---|
| BTC | L +0.0192% / S −0.0170% | +0.0100% | +0.0070% | — |
| ETH | L +0.0225% / S −0.0204% | +0.0100% | +0.0104% | — |
| SOL | L +0.0130% / S −0.0122% | 0.0000% | +0.0122% | — |
| LINK | L +0.0192% / S −0.0146% | +0.0100% | +0.0046% | — |
| SUI | L +0.0491% / S −0.0193% | +0.0018% | +0.0176% | — |
| XRP | L +0.0336% / S −0.0214% | +0.0100% | +0.0114% | — |
| ONDO | L +0.0429% / S −0.0145% | +0.0062% | +0.0082% | — |
| VVV | L +0.0328% / S −0.0154% | +0.0096% | +0.0057% | — |
| ZEC | L −0.0140% / S +0.0166% | +0.0100% | +0.0240% | — |
| ARB | L +0.0074% / S +0.0018% | −0.0041% | +0.0023% | — |
| DOGE | L +0.0196% / S −0.0117% | +0.0029% | +0.0088% | — |
| GMX | L +0.0345% / S −0.0135% | +0.0100% | +0.0035% | — |
| AVAX | L +0.0368% / S −0.0084% | +0.0005% | +0.0079% | — |
| HYPE | L +0.0121% / S −0.0097% | −0.0013% | +0.0110% | — |
| NEAR | L +0.0385% / S −0.0052% | +0.0100% | −0.0048% | — |
| ADA | L +0.0535% / S −0.0248% | +0.0079% | +0.0169% | — |
| TAO | L +0.0331% / S −0.0184% | −0.0057% | +0.0242% | — |
| AAVE | L +0.0312% / S −0.0149% | +0.0028% | +0.0120% | — |
| CVX | L +0.0113% / S +0.0105% | −0.0109% | +0.0005% | — |
| LIT | L −0.0044% / S +0.0273% | +0.0028% | +0.0072% | — |
Only on OKX: 429
SNDK · SOXL · MU · SKHYNIX · INTC · GOOGL · CRCL · SKHY · MSTR · NVDA · TSLA · SOXS · AAPL · KORU · GRAM · SNXX · UNITREE · CAP · PONS · MRVL · ANTHROPIC · LITE · ETC · DRAM · TQQQ · MSFT · COIN · STRK · AAOI · AMD · TSM · PIEVERSE · AMZN · NBIS · EWY · GRASS · META · SAMSUNG · AVGO · BEAT · ETHFI · MUBARAK · BMNR · USELESS · ZHONGJI · OPENAI · ZHIPU · ORCL · ZAMA · RAY · XIAOMI · AKE · CXMT · SAND · SOON · GRVT · SQQQ · TRB · LAB · MINIMAX · and 369 more
Questions
Which has more markets, GMX or OKX?
GMX lists 124 active markets and OKX 527; 96 assets trade on both, 8 of them stocks, commodities or other real-world assets.
Does GMX or OKX require KYC?
GMX: No ID. OKX: Advanced verification before trading, deposits or withdrawals.
Can you arbitrage funding between GMX and OKX?
Not profitably right now: none of the 96 assets on both paid more in funding over the last 7 days than a round trip on both costs.
Which is bigger, GMX or OKX?
24-hour volume: GMX $68.6M, OKX $32.78B. Open interest as each reports it: $48.7M and $6.77B. GMX reports open interest as the sum of its traders' longs and shorts; OKX reports one side. For the same positions GMX's figure reads about twice as large. TVL: $203.8M and none published.

