Funding you earn now, next payment 08:00 UTC−0.0654%/8h= −71.6% APRnext payment −$0.82 per $10,000 · paid last 24h −0.176%
Price spread now: GMX against Extended−0.058%7-day average +0.030% · 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)−0.664%−$66 on $10k
+Price spread, last 4 days (all we have)+0.268%+$27 · spread now −0.058%, 7d avg +0.030%
=Together, before fees−0.396%+ Points / potential airdropExtended: Active · farm board−$40 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$20 a day on $10k at the current rate, and GMX is 0.088% cheaper against Extended than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of +0.030%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended AR-USD | 4.2798 | 0.0104 | pay 0.0013% / 1h | 17m 58s | $39K | $243K | 10x |
| Short | GMX AR/USD [WBTC.b-USDC] | 4.2774 | L −0.0140% / S +0.0550% | pay 0.0069% / 1h | 17m 58s | $549K | — | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX against Extended. 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
- −$137.37
- Price spread: −0.058% → +0.030%
- −$8.76
- Slippage, 4 orders
- no order book: not counted
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- −$163.13
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: Extended: live order book, 19 min ago; 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 Extended live order book, 19 min ago | 4.35 bp | 26.6 bp −$27 | 267.7 bp −$2,677 | doesn't fit | doesn't fit |
| Sell GMX no order-book sample | — | — | — | — | — |
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.
AR on 17 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ARUSD | −0.1518% | 1h | 4.2750 | −0.113% | $53K | $135K | 20x | as long as short |
| GMX AR/USD [WBTC.b-USDC]short | L −0.0140% / S +0.0550% | 1h | 4.2774 | −0.058% | $549K | — | 50x | |
| Injective AR/USDC PERP | +0.0033% | 1h | 4.4240 | +3.368% | $2K | $5K | 5.5x | as long as short |
| Aster ARUSDT | +0.0100% | 8h | 4.2796 | −0.006% | $32K | $283K | 10x | as long as short |
| Binance ARUSDT | +0.0100% | 8h | 4.2813 | +0.034% | $8.5M | $46.2M | 75x | as long as short |
| Bybit ARUSDT | +0.0100% | 8h | 4.2780 | −0.043% | $4.4M | $8.5M | 75x | as long as short |
| OKX AR-USDT-SWAP | +0.0100% | 8h | 4.2760 | −0.090% | $2.2M | $15.2M | 20x | as long as short |
| Gate AR_USDT | +0.0100% | 8h | 4.2750 | −0.113% | $2.0M | $3.2M | 50x | as long as short |
| MEXC AR_USDT | +0.0100% | 8h | 4.2810 | +0.027% | $5.9M | $4.0M | 100x | as long as short |
| KuCoin ARUSDTM | +0.0100% | 8h | 4.2780 | −0.043% | $1.1M | $1.2M | 50x | as long as short |
Show all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget ARUSDT | +0.0100% | 8h | 4.2750 | −0.113% | $3.7M | $5.0M | 75x | as long as short |
| BingX AR-USDT | +0.0100% | 8h | 4.2780 | −0.043% | — | $2.7M | — | as long as short |
| Variational Omni AR | +0.0100% | 8h | 4.2638 | −0.376% | $245K | $514K | — | as long as short |
| ApeX Omni ARUSDT | +0.0100% | 1h | 4.2720 | −0.183% | $20K | $710K | 50x | as long as short |
| Extended AR-USDlong | +0.0104% | 1h | 4.2798 | long leg | $39K | $243K | 10x | |
| BloFin AR-USDT | +0.0220% | 8h | 4.2860 | +0.144% | $414K | $445K | 20x | as long as short |
| Hyperliquid AR | +0.0370% | 1h | 4.2860 | +0.144% | $3.9M | $4.6M | 5x | as long as short |
Extended AR-USD
GMX AR/USD [WBTC.b-USDC]
Kraken Futures PF_ARUSD
Injective AR/USDC PERP
Aster ARUSDT
Binance ARUSDT
Bybit ARUSDT
OKX AR-USDT-SWAP
Gate AR_USDT
MEXC AR_USDT
KuCoin ARUSDTM
Bitget ARUSDT
BingX AR-USDT
Variational Omni AR
ApeX Omni ARUSDT
BloFin AR-USDT
Hyperliquid AR