Funding you earn now, next payment 00:00 UTC+0.0648%/8h= +70.9% APRpaid last 24h +0.431%
Price spread now: GMX against OKX+0.061%7-day average +0.073% · 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)+1.290%+$129 on $10k
+Price spread, last 3 days (all we have)+0.004%$0 · spread now +0.061%, 7d avg +0.073%
=The price spread sits at its 7-day average of +0.073%, so right now this pair is about funding alone: +$19 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX FIL-USDT-SWAP | 0.9852 | 0.0018 | pay 0.0018% / 8h | 39m 47s | $18.1M | $98.4M | 50x |
| Short | GMX FIL/USD [WBTC.b-USDC] | 0.9858 | L +0.0570% / S −0.0666% | get 0.0083% / 1h | 39m 47s | $196K | — | 100x |
OKX FIL-USDT-SWAP
GMX FIL/USD [WBTC.b-USDC]Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX against OKX. 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
- $136
- Price spread: +0.061% → +0.073%
- −$1.19
- Slippage, 4 orders
- no order book: not counted
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- $112.81
- Costs to cover
- 0.220%
- Break-even
- 1.2 days
Slippage unknown: OKX: live order book, 4 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 OKX live order book, 4 min ago | 0.51 bp | 7.4 bp −$7 | 15.3 bp −$153 | 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.
FIL 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 FIL_USDC-PERPETUAL | −0.0764% | 1h | 0.9853 | +0.010% | $170K | $23K | 25x | as long as short |
| Kraken Futures PF_FILUSD | −0.0395% | 1h | 0.9856 | +0.044% | $1.3M | $2.4M | 50x | as long as short |
| Coinbase International FIL-PERP-INTX | −0.0352% | 1h | 0.9870 | +0.183% | $316K | $1.9M | 50x | as long as short |
| Injective FIL/USDC PERP | −0.0245% | 1h | 0.9855 | +0.030% | $2K | $240K | 12x | as long as short |
| KuCoin FILUSDTM | −0.0010% | 8h | 0.9854 | +0.020% | $7.4M | $7.1M | 50x | as long as short |
| gTrade (Gains Network) FIL/USD | L −0.0004% / S +0.0006% | 1h | 0.9856 | +0.044% | $24K | — | 150x | as long as short |
| dYdX FIL-USD | 0.0000% | 1h | 0.9856 | +0.039% | $57K | $2K | 10x | as long as short |
| OKX FIL-USDT-SWAPlong | +0.0018% | 8h | 0.9852 | long leg | $18.1M | $98.4M | 50x | |
| Bitget FILUSDT | +0.0031% | 8h | 0.9852 | 0.000% | $10.9M | $21.6M | 75x | as long as short |
| Bybit FILUSDT | +0.0047% | 8h | 0.9856 | +0.041% | $15.4M | $18.3M | 25x | as long as short |
Deribit FIL_USDC-PERPETUAL
Kraken Futures PF_FILUSD
Coinbase International FIL-PERP-INTX
Injective FIL/USDC PERP
KuCoin FILUSDTM
gTrade (Gains Network) FIL/USD
dYdX FIL-USD
Bitget FILUSDT
Bybit FILUSDTShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance FILUSDT | +0.0054% | 8h | 0.9855 | +0.030% | $57.2M | $178.3M | 75x | as long as short |
| Extended FIL-USD | +0.0056% | 1h | 0.9849 | −0.029% | $689K | $2.3M | 10x | as long as short |
| MEXC FIL_USDC | +0.0060% | 8h | 0.9846 | −0.061% | $250K | $104K | 50x | as long as short |
| BingX FIL-USDT | +0.0061% | 8h | 0.9852 | 0.000% | — | $11.9M | — | as long as short |
| Lighter FIL | +0.0064% | 1h | 0.9850 | −0.018% | $158K | $347K | 5x | as long as short |
| Gate FIL_USDT | +0.0084% | 8h | 0.9854 | +0.020% | $7.9M | $16.2M | 50x | as long as short |
| Hyperliquid FIL | +0.0100% | 1h | 0.9856 | +0.040% | $8.5M | $9.5M | 5x | as long as short |
| Aster FILUSDT | +0.0100% | 8h | 0.9860 | +0.079% | $497K | $529K | 20x | as long as short |
| Variational Omni FIL | +0.0100% | 8h | 0.9868 | +0.165% | $439K | $277K | — | as long as short |
| edgeX FILUSDC | +0.0100% | 4h | 0.9892 | +0.410% | $45K | $295K | 10x | as long as short |
| GRVT FIL_USDT_Perp | +0.0100% | 8h | 0.9875 | +0.236% | $295K | $818K | 10x | as long as short |
| ApeX Omni FILUSDT | +0.0100% | 1h | 0.9890 | +0.386% | $30K | $197K | 50x | as long as short |
| Orderly PERP_FIL_USDC_mythos | +0.0100% | 4h | 0.9863 | +0.116% | $5K | — | 10x | as long as short |
| SunX FIL-USDT | +0.0100% | 8h | 0.9850 | −0.020% | $3K | $1.1M | 20x | as long as short |
| SoDEX FIL-USD | +0.0100% | 1h | 0.9851 | −0.010% | $484 | $11K | 5x | as long as short |
| HTX FIL-USDT | +0.0100% | 8h | 0.9860 | +0.081% | $629K | $5.7M | 75x | as long as short |
| Phemex FILUSDT | +0.0100% | 8h | 0.9860 | +0.081% | $1.1M | $2.3M | 50x | as long as short |
| BloFin FIL-USDT | +0.0177% | 8h | 0.9866 | +0.142% | $2.7M | $566K | 75x | as long as short |
| GMX FIL/USD [WBTC.b-USDC]short | L +0.0570% / S −0.0666% | 1h | 0.9858 | +0.061% | $196K | — | 100x |
Binance FILUSDT
Extended FIL-USD
MEXC FIL_USDC
BingX FIL-USDT
Lighter FIL
Gate FIL_USDT
Hyperliquid FIL
Aster FILUSDT
Variational Omni FIL
edgeX FILUSDC
GRVT FIL_USDT_Perp
ApeX Omni FILUSDT
Orderly PERP_FIL_USDC_mythos
SunX FIL-USDT
SoDEX FIL-USD
HTX FIL-USDT
Phemex FILUSDT
BloFin FIL-USDT