Settings8H · net · $10k
Funding arb · Price arb /

CC

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Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC−0.0353%/8h= −38.6% APRpaid last 24h −0.105%
Price spread now: Paradex against GMX−0.052%162s7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropParadex: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$11 a day on $10k at the current rate, and Paradex is 0.052% cheaper against GMX than usual: you would sell low and buy high (−$5 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 162 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGMX CC/USD [WBTC.b-USDC]0.1180L +0.0448% / S −0.0241%pay 0.0056% / 1h48m 54s$44K50x
ShortParadex CC-USD-PERP0.11790.0095get 0.0095% / 8h5h 48m$1K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Paradex against GMX. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$74.09
Price spread: −0.052% → 0.000%
−$5.18
Slippage, 4 orders
no order book: not counted
Fee GMX: 6 bp × 2 orders
−$12
Fee Paradex: 2 bp × 2 orders
−$4
Net
−$95.27
Costs to cover
0.160%
Break-even
never at this rate
Slippage unknown: GMX: no order-book sample; Paradex: 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
LegHalf-spread$10k$100k$1M$5M
Buy GMX no order-book sample
Sell Paradex no order-book sample
GMX and Paradex: 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.

CC on 18 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective CC/USDC PERP+0.0033%1h0.1180+0.027%$402$3K5.5xas long as short
Paradex CC-USD-PERPshort+0.0095%8h0.1179−0.052%$1K5x
Aster CCUSDT+0.0100%4h0.1179−0.050%$35K$23K20xas long as short
Binance CCUSDT+0.0100%4h0.1179−0.060%$11.1M$11.5M75xas long as short
Bybit CCUSDT+0.0100%4h0.1179−0.075%$10.9M$3.5M25xas long as short
OKX CC-USDT-SWAP+0.0100%4h0.1180+0.027%$2.5M$2.6M20xas long as short
Gate CC_USDT+0.0100%4h0.1178−0.125%$362K$146K50xas long as short
MEXC CC_USDT+0.0100%4h0.1179−0.083%$1.8M$374K100xas long as short
KuCoin CCUSDTM+0.0100%4h0.1179−0.024%$489K$80K50xas long as short
Bitget CCUSDT+0.0100%4h0.1180+0.036%$909K$698K20xas long as short
Show all 18 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX CC-USDT+0.0100%4h0.1179−0.058%$6.6Mas long as short
Backpack CC_USDC_PERP+0.0100%1h0.1179−0.049%$15K$17K10xas long as short
Variational Omni CC+0.0100%4h0.1178−0.138%$600K$37Kas long as short
GRVT CC_USDT_Perp+0.0100%4h0.1179−0.083%$84K$3.3M10xas long as short
BloFin CC-USDT+0.0340%4h0.1179−0.015%$602K$85K75xas long as short
GMX CC/USD [WBTC.b-USDC]longL +0.0448% / S −0.0241%1h0.1180long leg$44K50x
Hyperliquid CC+0.0703%1h0.1182+0.192%$5.6M$1.3M3xas long as short
Lighter CC+0.1104%1h0.1184+0.383%$254K$160K5xas long as short