Funding you earn now, next payment 00:00 UTC−0.0295%/8h= −32.3% APRpaid last 24h −0.056%
Price spread now: Gate against GMX−0.203%7-day average −0.045% · 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)−0.204%−$20 on $10k
+Price spread, last 3 days (all we have)−0.122%−$12 · spread now −0.203%, 7d avg −0.045%
=Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and Gate is 0.158% cheaper against GMX than usual: you would sell low and buy high (−$16 if the spread goes back to its 7-day average of −0.045%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX ARB/USD [ARB-USDC] | 0.2273 | L +0.0296% / S −0.0186% | pay 0.0037% / 1h | 25m 31s | $930K | — | 150x |
| Short | Gate ARB_USDT | 0.2269 | 0.0001 | get 0.0001% / 8h | 25m 31s | $5.5M | $20.2M | 60x |
GMX ARB/USD [ARB-USDC]
Gate ARB_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$62.03
- Price spread: −0.203% → −0.045%
- −$15.79
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$104.83
- Costs to cover
- 0.270%
- Break-even
- never at this rate
Slippage unknown: GMX: no order-book sample; Gate: live order book, 3 min ago. 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 Gate live order book, 3 min ago | 1.76 bp | 16.1 bp −$16 | 30.1 bp −$301 | 108.4 bp −$10.8K | doesn't fit |
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.
ARB on 36 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective ARB/USDC PERP | −0.1785% | 1h | 0.2263 | −0.454% | $41K | $372K | 12x | as long as short |
| Polymarket Perps ARB-USD | −0.0271% | 1h | 0.2274 | +0.043% | $75K | $2.0M | 10x | as long as short |
| Variational Omni ARB | −0.0183% | 8h | 0.2274 | +0.021% | $2.0M | $2.8M | — | as long as short |
| 01 Exchange ARBUSD | −0.0176% | 1h | 0.2266 | −0.335% | $7K | $2K | 10x | as long as short |
| Bybit ARBUSDT | −0.0163% | 8h | 0.2264 | −0.414% | $58.3M | $128.2M | 50x | as long as short |
| OKX ARB-USDT-SWAP | −0.0109% | 8h | 0.2264 | −0.397% | $22.9M | $159.5M | 50x | as long as short |
| MEXC ARB_USDT | −0.0108% | 8h | 0.2270 | −0.164% | $38.0M | $59.7M | 200x | as long as short |
| Deribit ARB_USDC-PERPETUAL | −0.0058% | 1h | 0.2273 | −0.032% | $26K | $32K | 25x | as long as short |
| SoDEX ARB-USD | −0.0052% | 1h | 0.2272 | −0.049% | $4K | $2.6M | 5x | as long as short |
| Orderly PERP_ARB_USDC | −0.0039% | 8h | 0.2273 | −0.014% | $13K | $395K | 10x | as long as short |
Injective ARB/USDC PERP
Polymarket Perps ARB-USD
Variational Omni ARB
01 Exchange ARBUSD
Bybit ARBUSDT
OKX ARB-USDT-SWAP
MEXC ARB_USDT
Deribit ARB_USDC-PERPETUAL
SoDEX ARB-USD
Orderly PERP_ARB_USDCShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| dYdX ARB-USD | 0.0000% | 1h | 0.2271 | −0.084% | $67K | $4K | 10x | as long as short |
| Gate ARB_USDTshort | +0.0001% | 8h | 0.2269 | −0.203% | $5.5M | $20.2M | 60x | |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0005% | 1h | 0.2274 | +0.019% | $55K | — | 150x | as long as short |
| Binance ARBUSDT | +0.0016% | 8h | 0.2266 | −0.326% | $66.5M | $313.0M | 75x | as long as short |
| Extended ARB-USD | +0.0016% | 1h | 0.2267 | −0.264% | $361K | $2.3M | 25x | as long as short |
| BloFin ARB-USDT | +0.0061% | 8h | 0.2276 | +0.140% | $3.2M | $2.8M | 75x | as long as short |
| Bitget ARBUSDT | +0.0063% | 8h | 0.2268 | −0.234% | $21.3M | $35.9M | 50x | as long as short |
| BingX ARB-USDC | +0.0066% | 8h | 0.2266 | −0.300% | — | $6.5M | — | as long as short |
| Aevo ARB-PERP | +0.0088% | 1h | 0.2274 | +0.026% | $149K | $12K | 3x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2271 | −0.080% | $1.4M | $7.4M | 15x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2273 | +0.004% | $41.4M | $47.5M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2271 | −0.114% | $707K | $1.6M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2272 | −0.063% | $48K | $184K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2270 | −0.150% | $19.7M | $16.1M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2279 | +0.237% | $40K | $460K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2274 | +0.030% | $486K | $3.6M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2281 | +0.338% | $123K | $295K | 50x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2279 | +0.250% | $2K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2275 | +0.061% | $290K | $1.1M | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2276 | +0.118% | $5.2M | $13.1M | 50x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0216% | 1h | 0.2281 | +0.338% | $513K | $2.3M | 50x | as long as short |
| Kraken Futures PF_ARBUSD | +0.0235% | 1h | 0.2274 | +0.043% | $1.2M | $4.9M | 50x | as long as short |
| Reya ARBRUSDPERP | +0.0290% | 1h | 0.2274 | +0.010% | $2K | $695 | 20x | as long as short |
| GMX ARB/USD [ARB-USDC]long | L +0.0296% / S −0.0186% | 1h | 0.2273 | long leg | $930K | — | 150x | |
| RISEx ARB/USDC | +0.0330% | 1h | 0.2267 | −0.259% | $515K | $2.7M | 10x | as long as short |
| Backpack ARB_USDC_PERP | +0.0474% | 1h | 0.2275 | +0.078% | $925K | $2.8M | 20x | as long as short |
dYdX ARB-USD
gTrade (Gains Network) ARB/USD
Binance ARBUSDT
Extended ARB-USD
BloFin ARB-USDT
Bitget ARBUSDT
BingX ARB-USDC
Aevo ARB-PERP
Lighter ARB
Hyperliquid ARB
Aster ARBUSDT
Pacifica ARB
KuCoin ARBUSDTM
edgeX ARBUSDC
GRVT ARB_USDT_Perp
ApeX Omni ARBUSDT
SunX ARB-USDT
HTX ARB-USDT
Phemex ARBUSDT
Coinbase International ARB-PERP-INTX
Kraken Futures PF_ARBUSD
Reya ARBRUSDPERP
RISEx ARB/USDC
Backpack ARB_USDC_PERP