Funding you earn now, next payment 02:00 UTC+0.5469%/8h= +598.8% APRnext payment +$6.84 per $10,000 · paid last 24h +1.294%
Price spread now: GMX against ApeX Omni−0.221%68s7-day average — · you buy dearer than you sell
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
Funding pays, the price is against you. GMX is 0.221% cheaper against ApeX Omni than usual: you would sell low and buy high (spread −0.221% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$22 on $10k: about 3 hours of funding at the current rate (+$164 a day). The two prices were read 68 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 | ApeX Omni MEGAUSDT | 0.04529 | −0.0116 | get 0.0015% / 1h | 48m 03s | $24K | $232K | 50x |
| Short | GMX MEGA/USD [ETH-USDC] | 0.04519 | L +0.0237% / S −0.5353% | get 0.0669% / 1h | 48m 03s | $3K | — | 45x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX against ApeX Omni. 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
- $1,148.45
- Price spread: −0.221% → 0.000%
- −$22.08
- Slippage, 4 orders
- no order book: not counted
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- $1,104.37
- Costs to cover
- 0.220%
- Break-even
- 0.3 days
Slippage unknown: ApeX Omni: live order book, 18 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 ApeX Omni live order book, 18 min ago | 9.75 bp | 18.6 bp −$19 | 125.2 bp −$1,252 | 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.
MEGA on 28 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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International MEGA-PERP-INTX | −0.0432% | 1h | 0.04490 | −0.852% | $5K | $12K | 50x | as long as short |
| ApeX Omni MEGAUSDTlong | −0.0116% | 1h | 0.04529 | long leg | $24K | $232K | 50x | |
| gTrade (Gains Network) MEGA/USD | L −0.0018% / S +0.0023% | 1h | 0.04520 | −0.202% | $12K | — | 150x | as long as short |
| Nado MEGA-PERP | +0.0089% | 1h | 0.04525 | −0.077% | $195K | $140K | 2x | as long as short |
| Aster MEGAUSDT | +0.0100% | 4h | 0.04527 | −0.045% | $17K | $90K | 5x | as long as short |
| Pacifica MEGA | +0.0100% | 1h | 0.04537 | +0.183% | $14K | $9K | 3x | as long as short |
| Binance MEGAUSDT | +0.0100% | 4h | 0.04536 | +0.151% | $4.0M | $13.5M | 50x | as long as short |
| Bybit MEGAUSDT | +0.0100% | 4h | 0.04534 | +0.110% | $3.5M | $5.4M | 20x | as long as short |
| OKX MEGA-USDT-SWAP | +0.0100% | 4h | 0.04534 | +0.110% | $931K | $3.1M | 20x | as long as short |
| Gate MEGA_USDT | +0.0100% | 4h | 0.04528 | −0.022% | $201K | $319K | 20x | as long as short |
Show all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC MEGA_USDT | +0.0100% | 4h | 0.04537 | +0.177% | $841K | $359K | 50x | as long as short |
| KuCoin MEGAUSDTM | +0.0100% | 4h | 0.04535 | +0.132% | $237K | $117K | 50x | as long as short |
| Bitget MEGAUSDT | +0.0100% | 4h | 0.04535 | +0.132% | $1.1M | $1.5M | 50x | as long as short |
| BingX MEGA-USDT | +0.0100% | 4h | 0.04534 | +0.110% | — | $1.7M | — | as long as short |
| Variational Omni MEGA | +0.0100% | 4h | 0.04528 | −0.027% | $319K | $227K | — | as long as short |
| GRVT MEGA_USDT_Perp | +0.0100% | 4h | 0.04552 | +0.508% | $28K | $1.7M | 10x | as long as short |
| Orderly PERP_MEGA_USDC | +0.0100% | 4h | 0.04521 | −0.177% | $3K | $2K | 10x | as long as short |
| SunX MEGA-USDT | +0.0100% | 4h | 0.04530 | +0.022% | $1K | $1.9M | 10x | as long as short |
| Bulk MEGA-USD | +0.0100% | 1h | 0.04600 | +1.565% | $136K | $4K | 10x | as long as short |
| Extended MEGA-USD | +0.0104% | 1h | 0.04535 | +0.129% | $127K | $824K | 5x | as long as short |
| Backpack MEGA_USDC_PERP | +0.0139% | 1h | 0.04533 | +0.088% | $18K | $43K | 5x | as long as short |
| BloFin MEGA-USDT | +0.0140% | 4h | 0.04533 | +0.088% | $203K | $89K | 50x | as long as short |
| Reya MEGARUSDPERP | +0.0159% | 1h | 0.04523 | −0.126% | $3 | — | 3x | as long as short |
| Phoenix MEGA | +0.0173% | 1h | 0.04531 | +0.044% | $21K | $7K | 5x | as long as short |
| GMX MEGA/USD [ETH-USDC]short | L +0.0237% / S −0.5353% | 1h | 0.04519 | −0.221% | $3K | — | 45x | |
| Lighter MEGA | +0.1216% | 1h | 0.04549 | +0.442% | $640K | $324K | 3x | as long as short |
| Hyperliquid MEGA | +0.2159% | 1h | 0.04546 | +0.384% | $7.8M | $2.5M | 3x | as long as short |
| Deribit MEGA_USDC-PERPETUAL | +0.2315% | 1h | 0.04534 | +0.110% | $110 | $15 | 25x | as long as short |
ApeX Omni MEGAUSDT
GMX MEGA/USD [ETH-USDC]
Coinbase International MEGA-PERP-INTX
gTrade (Gains Network) MEGA/USD
Aster MEGAUSDT
Pacifica MEGA
Binance MEGAUSDT
Bybit MEGAUSDT
OKX MEGA-USDT-SWAP
Gate MEGA_USDT
MEXC MEGA_USDT
KuCoin MEGAUSDTM
Bitget MEGAUSDT
BingX MEGA-USDT
Variational Omni MEGA
GRVT MEGA_USDT_Perp
SunX MEGA-USDT
Bulk MEGA-USD
Extended MEGA-USD
Backpack MEGA_USDC_PERP
BloFin MEGA-USDT
Phoenix MEGA
Lighter MEGA
Hyperliquid MEGA
Deribit MEGA_USDC-PERPETUAL