Funding you earn now, next payment 23:00 UTC+0.0530%/8h= +58.0% APRpaid last 24h +0.072%
Price spread now: GMX against Gate+0.075%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 +$16 a day on $10k at the current rate, and GMX is 0.075% dearer against Gate than usual: you sell high and buy low: +$7 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 | Gate ICP_USDT | 2.9960 | −0.0050 | get 0.0050% / 8h | 1h 14m | $1.9M | $2.8M | 50x |
| Short | GMX ICP/USD [WBTC.b-USDC] | 2.9982 | L +0.0505% / S −0.0480% | get 0.0060% / 1h | 14m 35s | $37K | — | 100x |
Gate ICP_USDT
GMX ICP/USD [WBTC.b-USDC]Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX against Gate. 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
- $111.29
- Price spread: +0.075% → 0.000%
- $7.46
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- $91.75
- Costs to cover
- 0.270%
- Break-even
- 1.2 days
Slippage unknown: Gate: live order book, 3 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 Gate live order book, 3 min ago | 1.67 bp | 20.6 bp −$21 | 43.3 bp −$433 | 68.4 bp −$6,838 | 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.
ICP on 27 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 | |
|---|---|---|---|---|---|---|---|---|
| Phemex ICPUSDT | −0.1487% | 8h | 2.9800 | −0.534% | $1.7M | $772K | 50x | as long as short |
| Variational Omni ICP | −0.0159% | 8h | 2.9981 | +0.071% | $1.1M | $107K | — | as long as short |
| Injective ICP/USDC PERP | −0.0152% | 1h | 2.9665 | −0.985% | $202 | $200K | 12x | as long as short |
| Deribit ICP_USDC-PERPETUAL | −0.0117% | 1h | 2.9978 | +0.060% | $267 | $464 | 50x | as long as short |
| Gate ICP_USDTlong | −0.0050% | 8h | 2.9960 | long leg | $1.9M | $2.8M | 50x | |
| dYdX ICP-USD | 0.0000% | 1h | 2.9986 | +0.086% | $70K | $4K | 5x | as long as short |
| gTrade (Gains Network) ICP/USD | L +0.0006% / S −0.0010% | 1h | 2.9984 | +0.080% | $27K | — | 150x | as long as short |
| Lighter ICP | +0.0096% | 1h | 3.0014 | +0.180% | $166K | $443K | 5x | as long as short |
| Aster ICPUSDT | +0.0100% | 8h | 3.0009 | +0.164% | $203K | $1.4M | 20x | as long as short |
| Pacifica ICP | +0.0100% | 1h | 2.9998 | +0.127% | $136K | $11K | 5x | as long as short |
Phemex ICPUSDT
Variational Omni ICP
Injective ICP/USDC PERP
Deribit ICP_USDC-PERPETUAL
dYdX ICP-USD
gTrade (Gains Network) ICP/USD
Lighter ICP
Aster ICPUSDT
Pacifica ICPShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance ICPUSDT | +0.0100% | 8h | 2.9983 | +0.077% | $29.7M | $50.4M | 75x | as long as short |
| Bybit ICPUSDT | +0.0100% | 8h | 2.9960 | 0.000% | $17.4M | $17.9M | 75x | as long as short |
| OKX ICP-USDT-SWAP | +0.0100% | 8h | 2.9970 | +0.033% | $5.9M | $16.0M | 50x | as long as short |
| MEXC ICP_USDT | +0.0100% | 8h | 2.9980 | +0.067% | $19.6M | $8.8M | 50x | as long as short |
| KuCoin ICPUSDTM | +0.0100% | 8h | 2.9980 | +0.067% | $5.1M | $13.0M | 50x | as long as short |
| Bitget ICPUSDT | +0.0100% | 8h | 2.9980 | +0.067% | $6.8M | $4.5M | 50x | as long as short |
| BingX ICP-USDT | +0.0100% | 8h | 2.9980 | +0.067% | — | $4.9M | — | as long as short |
| edgeX ICPUSDC | +0.0100% | 4h | 3.0000 | +0.134% | $23K | $279K | 10x | as long as short |
| GRVT ICP_USDT_Perp | +0.0100% | 8h | 2.9987 | +0.090% | $574K | $435K | 10x | as long as short |
| SunX ICP-USDT | +0.0100% | 8h | 3.0000 | +0.134% | $1K | $1.8M | 20x | as long as short |
| HTX ICP-USDT | +0.0100% | 8h | 3.0010 | +0.167% | $107K | $219K | 20x | as long as short |
| Extended ICP-USD | +0.0104% | 1h | 2.9976 | +0.054% | $25K | $118K | 10x | as long as short |
| BloFin ICP-USDT | +0.0220% | 8h | 3.0020 | +0.200% | $1.2M | $2.3M | 75x | as long as short |
| Kraken Futures PF_ICPUSD | +0.0223% | 1h | 3.0007 | +0.156% | $487K | $528K | 50x | as long as short |
| Coinbase International ICP-PERP-INTX | +0.0240% | 1h | 3.0030 | +0.234% | $63K | $91K | 50x | as long as short |
| GMX ICP/USD [WBTC.b-USDC]short | L +0.0505% / S −0.0480% | 1h | 2.9982 | +0.075% | $37K | — | 100x | |
| Hyperliquid ICP | +0.0675% | 1h | 3.0048 | +0.294% | $4.8M | $5.0M | 5x | as long as short |
Binance ICPUSDT
Bybit ICPUSDT
OKX ICP-USDT-SWAP
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
BloFin ICP-USDT
Kraken Futures PF_ICPUSD
Coinbase International ICP-PERP-INTX
Hyperliquid ICP