Funding you earn now, next payment 11:00 UTC+0.0357%/8h= +39.1% APRnext payment +$0.45 per $10,000 · paid last 24h +0.110%
Price spread now: GMX against dYdX+0.168%221s7-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 +$11 a day on $10k at the current rate, and GMX is 0.168% dearer against dYdX than usual: you sell high and buy low: +$17 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 221 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | dYdX ICP-USD | 2.9352 | 0 | get 0.0000% / 1h | 48m 15s | $68K | $2K | 5x |
| Short | GMX ICP/USD [WBTC.b-USDC] | 2.9402 | L +0.0425% / S −0.0357% | get 0.0045% / 1h | 48m 15s | $30K | — | 100x |
dYdX ICP-USD
GMX ICP/USD [WBTC.b-USDC]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
- $75.05
- Price spread: +0.168% → 0.000%
- $16.8
- Slippage, 4 orders
- no order book: not counted
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- $69.85
- Costs to cover
- 0.220%
- Break-even
- 0.5 days
Slippage unknown: dYdX: no order-book sample; 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 no order-book sample | — | — | — | — | — |
| Sell GMX no order-book sample | — | — | — | — | — |
dYdX and 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.
ICP on 27 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 | |
|---|---|---|---|---|---|---|---|---|
| Phemex ICPUSDT | −0.0351% | 8h | 2.9360 | +0.026% | $1.7M | $703K | 50x | as long as short |
| Deribit ICP_USDC-PERPETUAL | −0.0193% | 1h | 2.9339 | −0.046% | $191 | $439 | 50x | as long as short |
| Variational Omni ICP | −0.0156% | 8h | 2.9358 | +0.018% | $1.1M | $195K | — | as long as short |
| dYdX ICP-USDlong | 0.0000% | 1h | 2.9352 | long leg | $68K | $2K | 5x | |
| gTrade (Gains Network) ICP/USD | L +0.0006% / S −0.0004% | 1h | 2.9435 | +0.281% | $6K | — | 150x | as long as short |
| Injective ICP/USDC PERP | +0.0033% | 1h | 2.9665 | +1.065% | $202 | $200K | 12x | as long as short |
| Lighter ICP | +0.0096% | 1h | 2.9360 | +0.026% | $135K | $452K | 5x | as long as short |
| Aster ICPUSDT | +0.0100% | 8h | 2.9357 | +0.017% | $251K | $909K | 20x | as long as short |
| Pacifica ICP | +0.0100% | 1h | 2.9350 | −0.009% | $132K | $9K | 5x | as long as short |
| Binance ICPUSDT | +0.0100% | 8h | 2.9350 | −0.008% | $28.4M | $47.0M | 75x | as long as short |
Phemex ICPUSDT
Deribit ICP_USDC-PERPETUAL
Variational Omni ICP
gTrade (Gains Network) ICP/USD
Injective ICP/USDC PERP
Lighter ICP
Aster ICPUSDT
Pacifica ICP
Binance ICPUSDTShow all 27 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit ICPUSDT | +0.0100% | 8h | 2.9330 | −0.076% | $17.1M | $17.1M | 75x | as long as short |
| OKX ICP-USDT-SWAP | +0.0100% | 8h | 2.9330 | −0.076% | $5.7M | $12.8M | 50x | as long as short |
| Gate ICP_USDT | +0.0100% | 8h | 2.9330 | −0.076% | $1.9M | $2.7M | 50x | as long as short |
| MEXC ICP_USDT | +0.0100% | 8h | 2.9340 | −0.042% | $18.4M | $9.4M | 50x | as long as short |
| KuCoin ICPUSDTM | +0.0100% | 8h | 2.9340 | −0.042% | $4.9M | $10.8M | 50x | as long as short |
| Bitget ICPUSDT | +0.0100% | 8h | 2.9350 | −0.008% | $7.0M | $4.3M | 50x | as long as short |
| BingX ICP-USDT | +0.0100% | 8h | 2.9320 | −0.110% | — | $5.7M | — | as long as short |
| edgeX ICPUSDC | +0.0100% | 4h | 2.9372 | +0.066% | $23K | $279K | 10x | as long as short |
| GRVT ICP_USDT_Perp | +0.0100% | 8h | 2.9423 | +0.239% | $570K | $612K | 10x | as long as short |
| SunX ICP-USDT | +0.0100% | 8h | 2.9340 | −0.042% | $1K | $1.4M | 20x | as long as short |
| HTX ICP-USDT | +0.0100% | 8h | 2.9350 | −0.008% | $102K | $124K | 20x | as long as short |
| Extended ICP-USD | +0.0104% | 1h | 2.9340 | −0.041% | $23K | $242K | 10x | as long as short |
| Kraken Futures PF_ICPUSD | +0.0188% | 1h | 2.9376 | +0.081% | $523K | $585K | 50x | as long as short |
| BloFin ICP-USDT | +0.0220% | 8h | 2.9360 | +0.026% | $1.2M | $2.3M | 75x | as long as short |
| Hyperliquid ICP | +0.0277% | 1h | 2.9383 | +0.104% | $4.6M | $4.3M | 5x | as long as short |
| Coinbase International ICP-PERP-INTX | +0.0424% | 1h | 2.9570 | +0.741% | $58K | $63K | 50x | as long as short |
| GMX ICP/USD [WBTC.b-USDC]short | L +0.0425% / S −0.0357% | 1h | 2.9402 | +0.168% | $30K | — | 100x |
Bybit ICPUSDT
OKX ICP-USDT-SWAP
Gate ICP_USDT
MEXC ICP_USDT
KuCoin ICPUSDTM
Bitget ICPUSDT
BingX ICP-USDT
edgeX ICPUSDC
GRVT ICP_USDT_Perp
SunX ICP-USDT
HTX ICP-USDT
Extended ICP-USD
Kraken Futures PF_ICPUSD
BloFin ICP-USDT
Hyperliquid ICP
Coinbase International ICP-PERP-INTX