Funding you earn now, next payment 09:00 UTC+0.0937%/8h= +102.6% APRnext payment +$1.17 per $10,000 · paid last 24h +0.388%
Price spread now: GMX against dYdX+0.222%7-day average — · you sell dearer than you buy
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 for this trade now. Funding pays +$28 a day on $10k at the current rate, and GMX is 0.222% dearer against dYdX than usual: you sell high and buy low: +$22 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | dYdX DOT-USD | 1.1646 | 0 | get 0.0000% / 1h | 33m 33s | $141K | $6K | 10x |
| Short | GMX DOT/USD [WBTC.b-USDC] | 1.1672 | L +0.0291% / S −0.0937% | get 0.0117% / 1h | 33m 33s | $20K | — | 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
- $196.78
- Price spread: +0.222% → 0.000%
- $22.17
- Slippage, 4 orders
- no order book: not counted
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- $196.95
- Costs to cover
- 0.220%
- Break-even
- from the start
Slippage unknown: dYdX: live order book, just now; 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 live order book, just now | 21.27 bp | 26.5 bp −$27 | 64.6 bp −$646 | 68.4 bp −$6,838 | 72.0 bp −$36.0K |
| 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.
DOT on 29 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit DOT_USDC-PERPETUAL | −0.2479% | 1h | 1.1694 | +0.412% | $254K | $169K | 50x | as long as short |
| Reya DOTRUSDPERP | −0.0166% | 1h | 1.1657 | +0.096% | $252 | — | — | as long as short |
| dYdX DOT-USDlong | 0.0000% | 1h | 1.1646 | long leg | $141K | $6K | 10x | |
| gTrade (Gains Network) DOT/USD | L 0.0000% / S +0.0004% | 1h | 1.1668 | +0.189% | $3K | — | 150x | as long as short |
| Injective DOT/USDC PERP | +0.0033% | 1h | 1.2020 | +3.211% | $328 | $121K | 12x | as long as short |
| Coinbase International DOT-PERP-INTX | +0.0072% | 1h | 1.1680 | +0.292% | $170K | $2.0M | 50x | as long as short |
| Lighter DOT | +0.0096% | 1h | 1.1645 | −0.009% | $244K | $671K | 10x | as long as short |
| Hyperliquid DOT | +0.0100% | 1h | 1.1642 | −0.035% | $5.5M | $4.6M | 10x | as long as short |
| Aster DOTUSDT | +0.0100% | 8h | 1.1654 | +0.067% | $840K | $621K | 50x | as long as short |
| Binance DOTUSDT | +0.0100% | 8h | 1.1641 | −0.043% | $42.4M | $89.0M | 75x | as long as short |
Show all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit DOTUSDT | +0.0100% | 8h | 1.1637 | −0.077% | $23.6M | $20.4M | 75x | as long as short |
| OKX DOT-USDT-SWAP | +0.0100% | 8h | 1.1642 | −0.035% | $9.0M | $25.3M | 50x | as long as short |
| Gate DOT_USDT | +0.0100% | 8h | 1.1650 | +0.034% | $6.6M | $11.8M | 75x | as long as short |
| MEXC DOT_USDT | +0.0100% | 8h | 1.1644 | −0.017% | $31.4M | $65.1M | 300x | as long as short |
| KuCoin DOTUSDTM | +0.0100% | 8h | 1.1643 | −0.026% | $6.1M | $9.5M | 75x | as long as short |
| Bitget DOTUSDT | +0.0100% | 8h | 1.1636 | −0.086% | $22.4M | $14.4M | 75x | as long as short |
| BingX DOT-USDC | +0.0100% | 8h | 1.1646 | 0.000% | — | $1.3M | — | as long as short |
| Backpack DOT_USDC_PERP | +0.0100% | 1h | 1.1676 | +0.257% | $86K | $134K | 10x | as long as short |
| Variational Omni DOT | +0.0100% | 8h | 1.1664 | +0.151% | $531K | $50K | — | as long as short |
| edgeX DOTUSDC | +0.0100% | 4h | 1.1664 | +0.157% | $34K | $336K | 20x | as long as short |
| GRVT DOT_USDT_Perp | +0.0100% | 8h | 1.1668 | +0.191% | $222K | $439K | 10x | as long as short |
| Orderly PERP_DOT_USDC | +0.0100% | 8h | 1.1690 | +0.378% | $8K | $19K | 10x | as long as short |
| SunX DOT-USDT | +0.0100% | 8h | 1.1678 | +0.275% | $2K | $1.4M | 20x | as long as short |
| HTX DOT-USDT | +0.0100% | 8h | 1.1660 | +0.120% | $263K | $283K | 75x | as long as short |
| Phemex DOTUSDT | +0.0100% | 8h | 1.1690 | +0.378% | $2.4M | $2.2M | 50x | as long as short |
| Extended DOT-USD | +0.0104% | 1h | 1.1636 | −0.086% | $16K | $271K | 25x | as long as short |
| BloFin DOT-USDT | +0.0220% | 8h | 1.1670 | +0.206% | $1.9M | $899K | 75x | as long as short |
| Kraken Futures PF_DOTUSD | +0.0244% | 1h | 1.1688 | +0.364% | $4.4M | $1.5M | 50x | as long as short |
| GMX DOT/USD [WBTC.b-USDC]short | L +0.0291% / S −0.0937% | 1h | 1.1672 | +0.222% | $20K | — | 100x |
GMX DOT/USD [WBTC.b-USDC]
Deribit DOT_USDC-PERPETUAL
gTrade (Gains Network) DOT/USD
Injective DOT/USDC PERP
Coinbase International DOT-PERP-INTX
Lighter DOT
Hyperliquid DOT
Aster DOTUSDT
Binance DOTUSDT
Bybit DOTUSDT
OKX DOT-USDT-SWAP
Gate DOT_USDT
MEXC DOT_USDT
KuCoin DOTUSDTM
Bitget DOTUSDT
BingX DOT-USDC
Backpack DOT_USDC_PERP
Variational Omni DOT
edgeX DOTUSDC
GRVT DOT_USDT_Perp
SunX DOT-USDT
HTX DOT-USDT
Phemex DOTUSDT
Extended DOT-USD
BloFin DOT-USDT
Kraken Futures PF_DOTUSD