Funding you earn now, next payment 12:00 UTC−0.0500%/8h= −54.7% APRpaid last 24h −0.140%
Price spread now: Orderly against GMX+0.109%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
The price spread pays, funding is against you. Orderly is 0.109% dearer against GMX than usual: you sell high and buy low (spread +0.109% now, against zero (this spread has no 7-day history yet)): +$11 on $10k if it goes back. Holding the pair costs −$15 a day in funding at the current rate, which eats that in about 17 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX FIL/USD [WBTC.b-USDC] | 0.9936 | L +0.0600% / S −0.0280% | pay 0.0075% / 1h | 45m 01s | $266K | — | 100x |
| Short | Orderly PERP_FIL_USDC_mythos | 0.9947 | 0.0100 | get 0.0050% / 4h | 45m 01s | $4K | $798 | 10x |
GMX FIL/USD [WBTC.b-USDC]
Orderly PERP_FIL_USDC_mythosFunding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly 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
- −$104.91
- Price spread: +0.109% → 0.000%
- $10.88
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$112.03
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: GMX: no order-book sample; Orderly: 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 GMX no order-book sample | — | — | — | — | — |
| Sell Orderly no order-book sample | — | — | — | — | — |
GMX and Orderly: 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.
FIL on 29 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International FIL-PERP-INTX | −0.0104% | 1h | 0.9930 | −0.063% | $324K | $2.0M | 50x | as long as short |
| gTrade (Gains Network) FIL/USD | L −0.0004% / S +0.0006% | 1h | 0.9937 | +0.004% | $25K | — | 150x | as long as short |
| dYdX FIL-USD | 0.0000% | 1h | 0.9925 | −0.114% | $58K | $2K | 10x | as long as short |
| Bybit FILUSDT | +0.0016% | 8h | 0.9938 | +0.017% | $15.4M | $17.8M | 25x | as long as short |
| Injective FIL/USDC PERP | +0.0033% | 1h | 0.9855 | −0.818% | $2K | $240K | 12x | as long as short |
| Deribit FIL_USDC-PERPETUAL | +0.0052% | 1h | 0.9943 | +0.068% | $170K | $8K | 25x | as long as short |
| Lighter FIL | +0.0096% | 1h | 0.9934 | −0.020% | $156K | $261K | 5x | as long as short |
| Hyperliquid FIL | +0.0100% | 1h | 0.9940 | +0.036% | $8.0M | $3.1M | 5x | as long as short |
| Aster FILUSDT | +0.0100% | 8h | 0.9946 | +0.101% | $506K | $275K | 20x | as long as short |
| Binance FILUSDT | +0.0100% | 8h | 0.9945 | +0.083% | $57.5M | $152.9M | 75x | as long as short |
Coinbase International FIL-PERP-INTX
gTrade (Gains Network) FIL/USD
dYdX FIL-USD
Bybit FILUSDT
Injective FIL/USDC PERP
Deribit FIL_USDC-PERPETUAL
Lighter FIL
Hyperliquid FIL
Aster FILUSDT
Binance FILUSDTShow all 29 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX FIL-USDT-SWAP | +0.0100% | 8h | 0.9943 | +0.068% | $17.3M | $90.4M | 50x | as long as short |
| Gate FIL_USDT | +0.0100% | 8h | 0.9936 | −0.003% | $8.3M | $13.4M | 50x | as long as short |
| MEXC FIL_USDC | +0.0100% | 8h | 0.9943 | +0.068% | $227K | $89K | 50x | as long as short |
| KuCoin FILUSDTM | +0.0100% | 8h | 0.9942 | +0.057% | $7.3M | $7.5M | 50x | as long as short |
| Bitget FILUSDT | +0.0100% | 8h | 0.9939 | +0.027% | $11.1M | $16.8M | 75x | as long as short |
| BingX FIL-USDC | +0.0100% | 8h | 0.9939 | +0.027% | — | $6.5M | — | as long as short |
| Variational Omni FIL | +0.0100% | 8h | 0.9909 | −0.275% | $447K | $216K | — | as long as short |
| edgeX FILUSDC | +0.0100% | 4h | 0.9867 | −0.700% | $45K | $296K | 10x | as long as short |
| GRVT FIL_USDT_Perp | +0.0100% | 8h | 0.9919 | −0.177% | $297K | $1.9M | 10x | as long as short |
| ApeX Omni FILUSDT | +0.0100% | 1h | 0.9870 | −0.667% | $23K | $180K | 50x | as long as short |
| Orderly PERP_FIL_USDC_mythosshort | +0.0100% | 4h | 0.9947 | +0.109% | $4K | $798 | 10x | |
| SunX FIL-USDT | +0.0100% | 8h | 0.9930 | −0.063% | $3K | $974K | 20x | as long as short |
| SoDEX FIL-USD | +0.0100% | 1h | 0.9938 | +0.017% | $475 | $8K | 5x | as long as short |
| HTX FIL-USDT | +0.0100% | 8h | 0.9947 | +0.108% | $637K | $4.8M | 75x | as long as short |
| Phemex FILUSDT | +0.0100% | 8h | 0.9930 | −0.063% | $1.3M | $2.4M | 50x | as long as short |
| Extended FIL-USD | +0.0104% | 1h | 0.9943 | +0.065% | $699K | $4.2M | 10x | as long as short |
| Kraken Futures PF_FILUSD | +0.0152% | 1h | 0.9941 | +0.049% | $1.4M | $2.0M | 50x | as long as short |
| BloFin FIL-USDT | +0.0220% | 8h | 0.9927 | −0.093% | $2.5M | $644K | 75x | as long as short |
| GMX FIL/USD [WBTC.b-USDC]long | L +0.0600% / S −0.0280% | 1h | 0.9936 | long leg | $266K | — | 100x |
OKX FIL-USDT-SWAP
Gate FIL_USDT
MEXC FIL_USDC
KuCoin FILUSDTM
Bitget FILUSDT
BingX FIL-USDC
Variational Omni FIL
edgeX FILUSDC
GRVT FIL_USDT_Perp
ApeX Omni FILUSDT
SunX FIL-USDT
SoDEX FIL-USD
HTX FIL-USDT
Phemex FILUSDT
Extended FIL-USD
Kraken Futures PF_FILUSD
BloFin FIL-USDT