Funding you earn now, next payment 04:00 UTC−0.0320%/8h= −35.0% APRnext payment −$0.40 per $10,000 · paid last 24h −0.080%
Price spread now: gTrade (Gains Network) against GMX−0.016%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$10 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX ALGO/USD [WBTC.b-USDC] | 0.1098 | L +0.0317% / S −0.0313% | pay 0.0040% / 1h | 35m 39s | $7K | — | 100x |
| Short | gTrade (Gains Network) ALGO/USD | 0.1098 | L −0.0001% / S +0.0003% | pay 0.0000% / 1h | 35m 39s | $16K | — | 150x |
GMX ALGO/USD [WBTC.b-USDC]
gTrade (Gains Network) ALGO/USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
gTrade (Gains Network) against GMX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$67.22
- Price spread: −0.016% → 0.000%
- −$1.64
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Net
- −$90.86
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: GMX: no order-book sample; gTrade (Gains Network): no order-book sample. Net counts fees only.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy GMX no order-book sample | — | — | — | — | — |
| Sell gTrade (Gains Network) no order-book sample | — | — | — | — | — |
GMX and gTrade (Gains Network): no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
ALGO on 22 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit ALGO_USDC-PERPETUAL | −0.0570% | 1h | 0.1096 | −0.146% | $87K | $44K | 25x | as long as short |
| gTrade (Gains Network) ALGO/USDshort | L −0.0001% / S +0.0003% | 1h | 0.1098 | −0.016% | $16K | — | 150x | |
| Injective ALGO/USDC PERP | +0.0033% | 1h | 0.1120 | +2.013% | $834 | $233K | 12x | as long as short |
| Coinbase International ALGO-PERP-INTX | +0.0080% | 1h | 0.1116 | +1.685% | $88K | $291K | 50x | as long as short |
| Hyperliquid ALGO | +0.0100% | 1h | 0.1099 | +0.118% | $3.6M | $2.0M | 5x | as long as short |
| Aster ALGOUSDT | +0.0100% | 8h | 0.1099 | +0.078% | $44K | $38K | 5x | as long as short |
| Binance ALGOUSDT | +0.0100% | 8h | 0.1101 | +0.240% | $9.6M | $35.0M | 75x | as long as short |
| Bybit ALGOUSDT | +0.0100% | 8h | 0.1099 | +0.137% | $11.1M | $12.8M | 75x | as long as short |
| OKX ALGO-USDT-SWAP | +0.0100% | 8h | 0.1101 | +0.273% | $2.8M | $7.7M | 50x | as long as short |
| Gate ALGO_USDT | +0.0100% | 8h | 0.1096 | −0.155% | $848K | $891K | 50x | as long as short |
Deribit ALGO_USDC-PERPETUAL
Injective ALGO/USDC PERP
Coinbase International ALGO-PERP-INTX
Hyperliquid ALGO
Aster ALGOUSDT
Binance ALGOUSDT
Bybit ALGOUSDT
OKX ALGO-USDT-SWAP
Gate ALGO_USDTShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC ALGO_USDT | +0.0100% | 8h | 0.1101 | +0.264% | $22.8M | $3.1M | 200x | as long as short |
| KuCoin ALGOUSDTM | +0.0100% | 8h | 0.1099 | +0.055% | $3.5M | $1.5M | 50x | as long as short |
| Bitget ALGOUSDT | +0.0100% | 8h | 0.1100 | +0.191% | $5.5M | $3.5M | 75x | as long as short |
| BingX ALGO-USDT | +0.0100% | 8h | 0.1100 | +0.219% | — | $3.3M | — | as long as short |
| Variational Omni ALGO | +0.0100% | 8h | 0.1096 | −0.204% | $60K | $12K | — | as long as short |
| HTX ALGO-USDT | +0.0100% | 8h | 0.1098 | −0.009% | $59K | $140K | 75x | as long as short |
| Extended ALGO-USD | +0.0104% | 1h | 0.1100 | +0.211% | $4K | $227K | 10x | as long as short |
| Phemex ALGOUSDT | +0.0139% | 8h | 0.1099 | +0.100% | $3.7M | $1.8M | 50x | as long as short |
| BloFin ALGO-USDT | +0.0220% | 8h | 0.1100 | +0.191% | $479K | $878K | 75x | as long as short |
| GMX ALGO/USD [WBTC.b-USDC]long | L +0.0317% / S −0.0313% | 1h | 0.1098 | long leg | $7K | — | 100x | |
| Kraken Futures PF_ALGOUSD | +0.0382% | 1h | 0.1097 | −0.081% | $810K | $1.1M | 50x | as long as short |
| dYdX ALGO-USD | +0.1231% | 1h | 0.1100 | +0.209% | $159K | $4K | 5x | as long as short |
MEXC ALGO_USDT
KuCoin ALGOUSDTM
Bitget ALGOUSDT
BingX ALGO-USDT
Variational Omni ALGO
HTX ALGO-USDT
Extended ALGO-USD
Phemex ALGOUSDT
BloFin ALGO-USDT
Kraken Futures PF_ALGOUSD
dYdX ALGO-USD