Funding you earn now, next payment 09:00 UTC−0.1084%/8h= −118.7% APRnext payment −$1.36 per $10,000 · paid last 24h −0.221%
Price spread now: GMX against dYdX−0.118%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 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
Both sides work against this trade now: funding costs −$33 a day on $10k at the current rate, and GMX is 0.118% cheaper against dYdX than usual: you would sell low and buy high (−$12 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | dYdX APT-USD | 0.7694 | 0.1174 | pay 0.0147% / 1h | 26m 45s | $54K | $6K | 10x |
| Short | GMX APT/USD [ETH-USDC] | 0.7685 | L +0.0136% / S −0.0090% | get 0.0011% / 1h | 26m 45s | $16K | — | 100x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX against dYdX. 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
- −$227.7
- Price spread: −0.118% → 0.000%
- −$11.79
- Slippage, 4 orders
- no order book: not counted
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- −$261.49
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: dYdX: no order-book sample; GMX: 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 dYdX no order-book sample | — | — | — | — | — |
| Sell GMX no order-book sample | — | — | — | — | — |
dYdX and GMX: 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.
APT on 30 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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni APT | −0.0072% | 8h | 0.7675 | −0.240% | $490K | $412K | — | as long as short |
| Gate APT_USDT | −0.0007% | 8h | 0.7683 | −0.139% | $2.6M | $4.3M | 75x | as long as short |
| gTrade (Gains Network) APT/USD | L −0.0004% / S +0.0005% | 1h | 0.7677 | −0.216% | $21K | — | 150x | as long as short |
| Deribit APT_USDC-PERPETUAL | 0.0000% | 1h | 0.7683 | −0.139% | $20K | $597K | 50x | as long as short |
| Orderly PERP_APT_USDC | +0.0017% | 8h | 0.7678 | −0.204% | $10K | $6K | 10x | as long as short |
| Injective APT/USDC PERP | +0.0033% | 1h | 0.7780 | +1.122% | $2K | $240K | 12x | as long as short |
| Bybit APTUSDT | +0.0041% | 8h | 0.7676 | −0.230% | $27.3M | $35.9M | 50x | as long as short |
| Lighter APT | +0.0096% | 1h | 0.7677 | −0.217% | $410K | $414K | 10x | as long as short |
| Hyperliquid APT | +0.0100% | 1h | 0.7677 | −0.217% | $5.0M | $6.1M | 10x | as long as short |
| Aster APTUSDT | +0.0100% | 8h | 0.7689 | −0.064% | $91K | $861K | 20x | as long as short |
Show all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance APTUSDT | +0.0100% | 8h | 0.7684 | −0.129% | $28.0M | $93.0M | 75x | as long as short |
| OKX APT-USDT-SWAP | +0.0100% | 8h | 0.7676 | −0.230% | $5.7M | $22.8M | 50x | as long as short |
| MEXC APT_USDT | +0.0100% | 8h | 0.7687 | −0.087% | $21.5M | $13.8M | 200x | as long as short |
| KuCoin APTUSDTM | +0.0100% | 8h | 0.7684 | −0.126% | $4.8M | $10.8M | 50x | as long as short |
| Bitget APTUSDT | +0.0100% | 8h | 0.7676 | −0.230% | $8.7M | $11.4M | 75x | as long as short |
| BingX APT-USDC | +0.0100% | 8h | 0.7682 | −0.152% | — | $6.5M | — | as long as short |
| Backpack APT_USDC_PERP | +0.0100% | 1h | 0.7683 | −0.139% | $177K | $296K | 20x | as long as short |
| ApeX Omni APTUSDT | +0.0100% | 1h | 0.7680 | −0.178% | $59K | $582K | 50x | as long as short |
| SunX APT-USDT | +0.0100% | 8h | 0.7670 | −0.308% | $6K | $1.3M | 20x | as long as short |
| SoDEX APT-USD | +0.0100% | 1h | 0.7681 | −0.165% | $90 | $6K | 5x | as long as short |
| HTX APT-USDT | +0.0100% | 8h | 0.7682 | −0.152% | $252K | $147K | 50x | as long as short |
| Extended APT-USD | +0.0104% | 1h | 0.7676 | −0.229% | $79K | $640K | 25x | as long as short |
| Aevo APT-PERP | +0.0104% | 1h | 0.7681 | −0.162% | $28K | $5K | 3x | as long as short |
| GMX APT/USD [ETH-USDC]short | L +0.0136% / S −0.0090% | 1h | 0.7685 | −0.118% | $16K | — | 100x | |
| Kraken Futures PF_APTUSD | +0.0144% | 1h | 0.7685 | −0.112% | $527K | $536K | 50x | as long as short |
| BloFin APT-USDT | +0.0220% | 8h | 0.7685 | −0.113% | $1.4M | $760K | 75x | as long as short |
| Coinbase International APT-PERP-INTX | +0.0336% | 1h | 0.7689 | −0.061% | $221K | $299K | 50x | as long as short |
| Reya APTRUSDPERP | +0.0503% | 1h | 0.7677 | −0.222% | $3K | — | 20x | as long as short |
| dYdX APT-USDlong | +0.1174% | 1h | 0.7694 | long leg | $54K | $6K | 10x | |
| 01 Exchange APTUSD | +0.3944% | 1h | 0.7793 | +1.291% | $2K | — | 5x | as long as short |
GMX APT/USD [ETH-USDC]
Variational Omni APT
Gate APT_USDT
gTrade (Gains Network) APT/USD
Deribit APT_USDC-PERPETUAL
Injective APT/USDC PERP
Bybit APTUSDT
Lighter APT
Hyperliquid APT
Aster APTUSDT
Binance APTUSDT
OKX APT-USDT-SWAP
MEXC APT_USDT
KuCoin APTUSDTM
Bitget APTUSDT
BingX APT-USDC
Backpack APT_USDC_PERP
ApeX Omni APTUSDT
SunX APT-USDT
SoDEX APT-USD
HTX APT-USDT
Extended APT-USD
Kraken Futures PF_APTUSD
BloFin APT-USDT
Coinbase International APT-PERP-INTX
01 Exchange APTUSD