Funding you earn now, next payment 07:00 UTC−0.0183%/8h= −20.0% APRpaid last 24h −0.030%
Price spread now: BloFin against GMX+0.064%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
The price spread pays, funding is against you. BloFin is 0.064% dearer against GMX than usual: you sell high and buy low (spread +0.064% now, against zero (this spread has no 7-day history yet)): +$6 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 28 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX MEGA/USD [ETH-USDC] | 0.04519 | L +0.0237% / S −0.5353% | pay 0.0030% / 1h | 55m 17s | $3K | — | 45x |
| Short | BloFin MEGA-USDT | 0.04522 | 0.0054 | get 0.0027% / 4h | 1h 55m | $199K | $93K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against GMX. 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
- −$38.42
- Price spread: +0.064% → 0.000%
- $6.42
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$56
- Costs to cover
- 0.240%
- Break-even
- never at this rate
Slippage unknown: GMX: no order-book sample; BloFin: live order book, 20 min ago. 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 GMX no order-book sample | — | — | — | — | — |
| Sell BloFin live order book, 20 min ago | 7.71 bp | 26.5 bp −$27 | 81.7 bp −$817 | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) MEGA/USD | L +0.0001% / S +0.0023% | 1h | 0.04519 | 0.000% | $1K | — | 150x | as long as short |
| Bybit MEGAUSDT | +0.0024% | 4h | 0.04518 | −0.024% | $3.4M | $5.9M | 20x | as long as short |
| BloFin MEGA-USDTshort | +0.0054% | 4h | 0.04522 | +0.064% | $199K | $93K | 50x | |
| Nado MEGA-PERP | +0.0062% | 1h | 0.04521 | +0.042% | $195K | $142K | 2x | as long as short |
| Aster MEGAUSDT | +0.0100% | 4h | 0.04521 | +0.033% | $20K | $96K | 5x | as long as short |
| Pacifica MEGA | +0.0100% | 1h | 0.04523 | +0.097% | $14K | $10K | 3x | as long as short |
| Binance MEGAUSDT | +0.0100% | 4h | 0.04522 | +0.060% | $4.0M | $13.8M | 50x | as long as short |
| OKX MEGA-USDT-SWAP | +0.0100% | 4h | 0.04515 | −0.091% | $914K | $3.2M | 20x | as long as short |
| Bulk MEGA-USD | +0.0100% | 1h | 0.04535 | +0.352% | $134K | $111 | 10x | as long as short |
| Gate MEGA_USDT | +0.0100% | 4h | 0.04519 | −0.002% | $204K | $326K | 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 | 0.04519 | −0.002% | $780K | $403K | 50x | as long as short |
| KuCoin MEGAUSDTM | +0.0100% | 4h | 0.04518 | −0.024% | $226K | $120K | 50x | as long as short |
| Bitget MEGAUSDT | +0.0100% | 4h | 0.04520 | +0.020% | $1.0M | $1.5M | 50x | as long as short |
| BingX MEGA-USDT | +0.0100% | 4h | 0.04517 | −0.046% | — | $1.7M | — | as long as short |
| Variational Omni MEGA | +0.0100% | 4h | 0.04520 | +0.013% | $318K | $227K | — | as long as short |
| GRVT MEGA_USDT_Perp | +0.0100% | 4h | 0.04528 | +0.197% | $23K | $1.9M | 10x | as long as short |
| ApeX Omni MEGAUSDT | +0.0100% | 1h | 0.04527 | +0.175% | $23K | $228K | 50x | as long as short |
| Orderly PERP_MEGA_USDC | +0.0100% | 4h | 0.04519 | −0.002% | $3K | $2K | 10x | as long as short |
| SunX MEGA-USDT | +0.0100% | 4h | 0.04518 | −0.024% | $2K | $1.9M | 10x | as long as short |
| Extended MEGA-USD | +0.0104% | 1h | 0.04518 | −0.028% | $127K | $410K | 5x | as long as short |
| Reya MEGARUSDPERP | +0.0159% | 1h | 0.04518 | −0.029% | $3 | — | 3x | as long as short |
| Phoenix MEGA | +0.0177% | 1h | 0.04534 | +0.330% | $21K | $7K | 5x | as long as short |
| Lighter MEGA | +0.0232% | 1h | 0.04537 | +0.396% | $608K | $377K | 3x | as long as short |
| GMX MEGA/USD [ETH-USDC]long | L +0.0237% / S −0.5353% | 1h | 0.04519 | long leg | $3K | — | 45x | |
| Hyperliquid MEGA | +0.0327% | 1h | 0.04529 | +0.223% | $7.8M | $2.6M | 3x | as long as short |
| Backpack MEGA_USDC_PERP | +0.0608% | 1h | 0.04525 | +0.131% | $18K | $56K | 5x | as long as short |
| Coinbase International MEGA-PERP-INTX | +0.0872% | 1h | 0.04589 | +1.558% | $5K | $12K | 50x | as long as short |
| Deribit MEGA_USDC-PERPETUAL | +0.1056% | 1h | 0.04525 | +0.133% | $110 | $15 | 25x | as long as short |
GMX MEGA/USD [ETH-USDC]
BloFin MEGA-USDT
gTrade (Gains Network) MEGA/USD
Bybit MEGAUSDT
Aster MEGAUSDT
Pacifica MEGA
Binance MEGAUSDT
OKX MEGA-USDT-SWAP
Bulk MEGA-USD
Gate MEGA_USDT
MEXC MEGA_USDT
KuCoin MEGAUSDTM
Bitget MEGAUSDT
BingX MEGA-USDT
Variational Omni MEGA
GRVT MEGA_USDT_Perp
ApeX Omni MEGAUSDT
SunX MEGA-USDT
Extended MEGA-USD
Phoenix MEGA
Lighter MEGA
Hyperliquid MEGA
Backpack MEGA_USDC_PERP
Coinbase International MEGA-PERP-INTX
Deribit MEGA_USDC-PERPETUAL