Funding you earn now, next payment 20:00 UTC+0.0231%/8hpaid last 24h +0.070%
Price spread now: GMX against OKX+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 +$7 a day on $10k at the current rate, and GMX is 0.075% dearer against OKX than usual: you sell high and buy low: +$8 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 | OKX ICP-USDT-SWAP | 2.9350 | 0.0076 | pay 0.0076% / 8h | 4h 24m | $5.7M | $15.4M | 50x |
| Short | GMX ICP/USD [WBTC.b-USDC] | 2.9372 | L +0.0395% / S −0.0307% | get 0.0038% / 1h | 24m 08s | $30K | — | 100x |
OKX ICP-USDT-SWAP
GMX ICP/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
- $48.45
- Price spread: +0.075% → 0.000%
- $7.53
- Slippage, 4 orders
- no order book: not counted
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- $33.98
- Costs to cover
- 0.220%
- Break-even
- 2.1 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 | 1.71 bp | 11.3 bp −$11 | 28.2 bp −$282 | 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.
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 | −0.0594% | 8h | 2.9150 | −0.681% | $1.7M | $796K | 50x | as long as short |
| Kraken Futures PF_ICPUSD | −0.0483% | 1h | 2.9374 | +0.082% | $484K | $536K | 50x | as long as short |
| Variational Omni ICP | −0.0358% | 8h | 2.9250 | −0.341% | $1.0M | $115K | — | as long as short |
| Injective ICP/USDC PERP | −0.0291% | 1h | 2.9175 | −0.596% | $198 | $118K | 12x | as long as short |
| Bybit ICPUSDT | −0.0238% | 8h | 2.9330 | −0.068% | $16.8M | $16.9M | 75x | as long as short |
| Gate ICP_USDT | −0.0210% | 8h | 2.9350 | 0.000% | $1.8M | $2.7M | 50x | as long as short |
| Deribit ICP_USDC-PERPETUAL | −0.0056% | 1h | 2.9366 | +0.055% | $262 | $464 | 50x | as long as short |
| dYdX ICP-USD | 0.0000% | 1h | 2.9365 | +0.051% | $68K | $4K | 5x | as long as short |
| gTrade (Gains Network) ICP/USD | L +0.0006% / S −0.0010% | 1h | 2.9378 | +0.094% | $26K | — | 150x | as long as short |
| OKX ICP-USDT-SWAPlong | +0.0076% | 8h | 2.9350 | long leg | $5.7M | $15.4M | 50x |
Phemex ICPUSDT
Kraken Futures PF_ICPUSD
Variational Omni ICP
Injective ICP/USDC PERP
Bybit ICPUSDT
Gate ICP_USDT
Deribit ICP_USDC-PERPETUAL
dYdX ICP-USD
gTrade (Gains Network) ICP/USDShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter ICP | +0.0096% | 1h | 2.9356 | +0.020% | $195K | $369K | 5x | as long as short |
| Aster ICPUSDT | +0.0100% | 8h | 2.9368 | +0.060% | $194K | $1.6M | 20x | as long as short |
| Pacifica ICP | +0.0100% | 1h | 2.9378 | +0.095% | $133K | $10K | 5x | as long as short |
| Binance ICPUSDT | +0.0100% | 8h | 2.9350 | 0.000% | $28.4M | $47.5M | 75x | as long as short |
| MEXC ICP_USDT | +0.0100% | 8h | 2.9350 | 0.000% | $18.8M | $7.6M | 50x | as long as short |
| KuCoin ICPUSDTM | +0.0100% | 8h | 2.9370 | +0.068% | $5.3M | $12.1M | 50x | as long as short |
| Bitget ICPUSDT | +0.0100% | 8h | 2.9350 | 0.000% | $6.8M | $4.3M | 50x | as long as short |
| BingX ICP-USDT | +0.0100% | 8h | 2.9350 | 0.000% | — | $4.6M | — | as long as short |
| edgeX ICPUSDC | +0.0100% | 4h | 2.9279 | −0.243% | $23K | $275K | 10x | as long as short |
| GRVT ICP_USDT_Perp | +0.0100% | 8h | 2.9236 | −0.388% | $558K | $469K | 10x | as long as short |
| SunX ICP-USDT | +0.0100% | 8h | 2.9350 | 0.000% | $2K | $1.7M | 20x | as long as short |
| HTX ICP-USDT | +0.0100% | 8h | 2.9320 | −0.102% | $104K | $220K | 20x | as long as short |
| Extended ICP-USD | +0.0104% | 1h | 2.9357 | +0.022% | $24K | $133K | 10x | as long as short |
| BloFin ICP-USDT | +0.0220% | 8h | 2.9320 | −0.102% | $1.2M | $2.3M | 75x | as long as short |
| Coinbase International ICP-PERP-INTX | +0.0280% | 1h | 2.9400 | +0.170% | $62K | $85K | 50x | as long as short |
| GMX ICP/USD [WBTC.b-USDC]short | L +0.0395% / S −0.0307% | 1h | 2.9372 | +0.075% | $30K | — | 100x | |
| Hyperliquid ICP | +0.0563% | 1h | 2.9391 | +0.140% | $4.9M | $4.5M | 5x | as long as short |
Lighter ICP
Aster ICPUSDT
Pacifica ICP
Binance ICPUSDT
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
Coinbase International ICP-PERP-INTX
Hyperliquid ICP