Funding you earn now, next payment 03:00 UTC+0.0426%/8h= +46.6% APRpaid last 24h +0.101%
Price spread now: GMX against Bybit+0.354%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
Both sides work for this trade now. Funding pays +$13 a day on $10k at the current rate, and GMX is 0.354% dearer against Bybit than usual: you sell high and buy low: +$35 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 | Bybit DYDXUSDT | 0.1367 | 0.0100 | pay 0.0100% / 8h | 5h 06m | $4.6M | $2.5M | 75x |
| Short | GMX DYDX/USD [WBTC.b-USDC] | 0.1372 | L +0.0187% / S −0.0526% | get 0.0066% / 1h | 6m 39s | $930 | — | 100x |
Bybit DYDXUSDT
GMX DYDX/USD [WBTC.b-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
- $89.36
- Price spread: +0.354% → 0.000%
- $35.41
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- $101.77
- Costs to cover
- 0.230%
- Break-even
- from the start
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 | 0.37 bp | 39.4 bp −$39 | 208.6 bp −$2,086 | 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.
DYDX on 21 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 DYDX/USDC PERP | −0.0118% | 1h | 0.1368 | +0.088% | $6K | $52K | 12x | as long as short |
| BloFin DYDX-USDT | +0.0092% | 8h | 0.1379 | +0.893% | $302K | $12K | 75x | as long as short |
| Lighter DYDX | +0.0096% | 1h | 0.1370 | +0.241% | $62K | $48K | 5x | as long as short |
| Hyperliquid DYDX | +0.0100% | 1h | 0.1373 | +0.424% | $2.1M | $719K | 5x | as long as short |
| Aster DYDXUSDT | +0.0100% | 8h | 0.1370 | +0.251% | $5K | $11K | 5x | as long as short |
| Binance DYDXUSDT | +0.0100% | 8h | 0.1370 | +0.238% | $5.3M | $8.3M | 75x | as long as short |
| Bybit DYDXUSDTlong | +0.0100% | 8h | 0.1367 | long leg | $4.6M | $2.5M | 75x | |
| OKX DYDX-USDT-SWAP | +0.0100% | 8h | 0.1369 | +0.146% | $2.1M | $3.3M | 20x | as long as short |
| Arcus DYDX-USD | +0.0100% | 1h | 0.1371 | +0.307% | $53K | $20K | 5x | as long as short |
| Gate DYDX_USDT | +0.0100% | 8h | 0.1368 | +0.088% | $386K | $474K | 75x | as long as short |
Injective DYDX/USDC PERP
BloFin DYDX-USDT
Lighter DYDX
Hyperliquid DYDX
Aster DYDXUSDT
Binance DYDXUSDT
OKX DYDX-USDT-SWAP
Arcus DYDX-USD
Gate DYDX_USDTShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC DYDX_USDT | +0.0100% | 8h | 0.1371 | +0.307% | $3.0M | $814K | 125x | as long as short |
| KuCoin DYDXUSDTM | +0.0100% | 8h | 0.1369 | +0.161% | $2.3M | $3.8M | 50x | as long as short |
| Bitget DYDXUSDT | +0.0100% | 8h | 0.1369 | +0.161% | $1.4M | $1.1M | 10x | as long as short |
| BingX DYDX-USDT | +0.0100% | 8h | 0.1369 | +0.161% | — | $3.0M | — | as long as short |
| Extended DYDX-USD | +0.0104% | 1h | 0.1369 | +0.192% | $3K | $112K | 10x | as long as short |
| Aevo DYDX-PERP | +0.0104% | 1h | 0.1372 | +0.345% | $50K | — | 3x | as long as short |
| GMX DYDX/USD [WBTC.b-USDC]short | L +0.0187% / S −0.0526% | 1h | 0.1372 | +0.354% | $930 | — | 100x | |
| Deribit DYDX_USDC-PERPETUAL | +0.0479% | 1h | 0.1372 | +0.380% | — | — | 25x | as long as short |
| Kraken Futures PF_DYDXUSD | +0.0748% | 1h | 0.1373 | +0.437% | $310K | $352K | 20x | as long as short |
| Coinbase International DYDX-PERP-INTX | +0.0840% | 1h | 0.1380 | +0.966% | $17K | $37K | 50x | as long as short |
| dYdX DYDX-USD | +0.3004% | 1h | 0.1370 | +0.208% | $78K | $2K | 5x | as long as short |
MEXC DYDX_USDT
KuCoin DYDXUSDTM
Bitget DYDXUSDT
BingX DYDX-USDT
Extended DYDX-USD
Aevo DYDX-PERP
Deribit DYDX_USDC-PERPETUAL
Kraken Futures PF_DYDXUSD
Coinbase International DYDX-PERP-INTX
dYdX DYDX-USD