Funding you earn now, next payment 04:00 UTC−0.0087%/8h= −9.6% APRpaid last 24h −0.021%
Price spread now: Bitget against GMX−0.236%7-day average — · 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)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Bitget is 0.236% cheaper against GMX than usual: you would sell low and buy high (−$24 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX DYDX/USD [WBTC.b-USDC] | 0.1375 | L +0.0187% / S −0.0526% | pay 0.0023% / 1h | 20m 56s | $933 | — | 100x |
| Short | Bitget DYDXUSDT | 0.1372 | 0.0100 | get 0.0100% / 8h | 4h 20m | $1.4M | $1.1M | 10x |
GMX DYDX/USD [WBTC.b-USDC]
Bitget DYDXUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- −$18.33
- Price spread: −0.236% → 0.000%
- −$23.63
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$65.96
- Costs to cover
- 0.240%
- Break-even
- never at this rate
Slippage unknown: GMX: no order-book sample; Bitget: live order book, 6 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 Bitget live order book, 6 min ago | 3.63 bp | 30.9 bp −$31 | 115.8 bp −$1,158 | doesn't fit | 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.
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 | −0.0539% | 1h | 0.1376 | +0.055% | $6K | $52K | 12x | as long as short |
| BloFin DYDX-USDT | +0.0079% | 8h | 0.1377 | +0.127% | $298K | $12K | 75x | as long as short |
| Lighter DYDX | +0.0096% | 1h | 0.1376 | +0.040% | $62K | $48K | 5x | as long as short |
| Hyperliquid DYDX | +0.0100% | 1h | 0.1376 | +0.084% | $2.1M | $721K | 5x | as long as short |
| Aster DYDXUSDT | +0.0100% | 8h | 0.1373 | −0.166% | $5K | $11K | 5x | as long as short |
| Binance DYDXUSDT | +0.0100% | 8h | 0.1372 | −0.236% | $5.3M | $8.3M | 75x | as long as short |
| Bybit DYDXUSDT | +0.0100% | 8h | 0.1369 | −0.418% | $4.6M | $2.5M | 75x | as long as short |
| OKX DYDX-USDT-SWAP | +0.0100% | 8h | 0.1371 | −0.302% | $2.2M | $3.3M | 20x | as long as short |
| Gate DYDX_USDT | +0.0100% | 8h | 0.1375 | −0.033% | $388K | $476K | 75x | as long as short |
| MEXC DYDX_USDT | +0.0100% | 8h | 0.1371 | −0.309% | $2.9M | $809K | 125x | as long as short |
Injective DYDX/USDC PERP
BloFin DYDX-USDT
Lighter DYDX
Hyperliquid DYDX
Aster DYDXUSDT
Binance DYDXUSDT
Bybit DYDXUSDT
OKX DYDX-USDT-SWAP
Gate DYDX_USDT
MEXC DYDX_USDTShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin DYDXUSDTM | +0.0100% | 8h | 0.1373 | −0.164% | $2.3M | $3.7M | 50x | as long as short |
| Bitget DYDXUSDTshort | +0.0100% | 8h | 0.1372 | −0.236% | $1.4M | $1.1M | 10x | |
| BingX DYDX-USDT | +0.0100% | 8h | 0.1371 | −0.309% | — | $3.0M | — | as long as short |
| Extended DYDX-USD | +0.0104% | 1h | 0.1372 | −0.250% | $1K | $110K | 10x | as long as short |
| Aevo DYDX-PERP | +0.0104% | 1h | 0.1375 | −0.018% | $50K | — | 3x | as long as short |
| Arcus DYDX-USD | +0.0162% | 1h | 0.1377 | +0.127% | $53K | $20K | 5x | as long as short |
| GMX DYDX/USD [WBTC.b-USDC]long | L +0.0187% / S −0.0526% | 1h | 0.1375 | long leg | $933 | — | 100x | |
| Deribit DYDX_USDC-PERPETUAL | +0.0477% | 1h | 0.1376 | +0.055% | — | — | 25x | as long as short |
| Kraken Futures PF_DYDXUSD | +0.0553% | 1h | 0.1377 | +0.101% | $310K | $352K | 20x | as long as short |
| Coinbase International DYDX-PERP-INTX | +0.0856% | 1h | 0.1380 | +0.345% | $17K | $37K | 50x | as long as short |
| dYdX DYDX-USD | +0.2878% | 1h | 0.1376 | +0.022% | $78K | $2K | 5x | as long as short |
KuCoin DYDXUSDTM
BingX DYDX-USDT
Extended DYDX-USD
Aevo DYDX-PERP
Arcus DYDX-USD
Deribit DYDX_USDC-PERPETUAL
Kraken Futures PF_DYDXUSD
Coinbase International DYDX-PERP-INTX
dYdX DYDX-USD