Funding you earn now, next payment 00:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.097%
Price spread now: GMX against Bybit+0.187%7-day average — · you sell dearer than you buy
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 pays, funding is against you. GMX is 0.187% dearer against Bybit than usual: you sell high and buy low (spread +0.187% now, against zero (this spread has no 7-day history yet)): +$19 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 12 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit CHZUSDT | 0.01606 | 0.0100 | pay 0.0100% / 8h | 46m 27s | $4.0M | $1.4M | 75x |
| Short | GMX CHZ/USD [ETH-USDC] | 0.01609 | L +0.0380% / S −0.0050% | get 0.0006% / 1h | 46m 27s | $8K | — | 50x |
Bybit CHZUSDT
GMX CHZ/USD [ETH-USDC]Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX against Bybit. 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
- −$10.53
- Price spread: +0.187% → 0.000%
- $18.68
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- −$14.85
- Costs to cover
- 0.230%
- Break-even
- never at this rate
Slippage unknown: Bybit: live order book, 1 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 Bybit live order book, 1 min ago | 3.12 bp | 32.3 bp −$32 | 98.3 bp −$983 | 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.
CHZ on 19 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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX CHZ-USD | −0.1132% | 1h | 0.01608 | +0.139% | $2K | $5 | 5x | as long as short |
| Injective CHZ/USDC PERP | +0.0033% | 1h | 0.01574 | −1.993% | $1K | $7 | 5.5x | as long as short |
| Aster CHZUSDT | +0.0100% | 8h | 0.01609 | +0.188% | $21K | $6K | 10x | as long as short |
| Binance CHZUSDT | +0.0100% | 8h | 0.01609 | +0.189% | $6.9M | $11.9M | 75x | as long as short |
| Bybit CHZUSDTlong | +0.0100% | 8h | 0.01606 | long leg | $4.0M | $1.4M | 75x | |
| OKX CHZ-USDT-SWAP | +0.0100% | 8h | 0.01610 | +0.249% | $1.6M | $3.2M | 50x | as long as short |
| Gate CHZ_USDT | +0.0100% | 8h | 0.01608 | +0.125% | $315K | $312K | 50x | as long as short |
| MEXC CHZ_USDT | +0.0100% | 8h | 0.01609 | +0.187% | $4.4M | $915K | 200x | as long as short |
| KuCoin CHZUSDTM | +0.0100% | 8h | 0.01609 | +0.187% | $700K | $136K | 50x | as long as short |
| Bitget CHZUSDT | +0.0100% | 8h | 0.01608 | +0.125% | $3.8M | $774K | 75x | as long as short |
dYdX CHZ-USD
Injective CHZ/USDC PERP
Aster CHZUSDT
Binance CHZUSDT
OKX CHZ-USDT-SWAP
Gate CHZ_USDT
MEXC CHZ_USDT
KuCoin CHZUSDTM
Bitget CHZUSDTShow all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX CHZ-USDT | +0.0100% | 8h | 0.01609 | +0.187% | — | $2.4M | — | as long as short |
| Variational Omni CHZ | +0.0100% | 8h | 0.01606 | +0.019% | $4K | $4K | — | as long as short |
| ApeX Omni CHZUSDT | +0.0100% | 1h | 0.01608 | +0.125% | $45K | $673K | 50x | as long as short |
| SoDEX CHZ-USD | +0.0100% | 1h | 0.01608 | +0.125% | $301 | $6K | 5x | as long as short |
| HTX CHZ-USDT | +0.0100% | 8h | 0.01608 | +0.125% | $53K | $84K | 20x | as long as short |
| Extended CHZ-USD | +0.0104% | 1h | 0.01609 | +0.193% | $2K | $273K | 10x | as long as short |
| BloFin CHZ-USDT | +0.0117% | 8h | 0.01610 | +0.249% | $327K | $27K | 75x | as long as short |
| Kraken Futures PF_CHZUSD | +0.0379% | 1h | 0.01609 | +0.164% | $78K | $50K | 25x | as long as short |
| GMX CHZ/USD [ETH-USDC]short | L +0.0380% / S −0.0050% | 1h | 0.01609 | +0.187% | $8K | — | 50x |
BingX CHZ-USDT
Variational Omni CHZ
ApeX Omni CHZUSDT
SoDEX CHZ-USD
HTX CHZ-USDT
Extended CHZ-USD
BloFin CHZ-USDT
Kraken Futures PF_CHZUSD