Funding you earn now, next payment 23:00 UTC+0.0258%/8h= +28.2% APRpaid last 24h +0.054%
Price spread now: GMX against BloFin+0.180%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 +$8 a day on $10k at the current rate, and GMX is 0.180% dearer against BloFin than usual: you sell high and buy low: +$18 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 | BloFin MON-USDT | 0.02555 | 0.0340 | pay 0.0170% / 4h | 1h 04m | $1.4M | $305K | 75x |
| Short | GMX MON/USD [ETH-USDC] | 0.02560 | L +0.0260% / S −0.0598% | get 0.0075% / 1h | 4m 54s | $8K | — | 50x |
BloFin MON-USDT
GMX MON/USD [ETH-USDC]Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX against BloFin. 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
- $54.14
- Price spread: +0.180% → 0.000%
- $18
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- $48.15
- Costs to cover
- 0.240%
- Break-even
- 0.8 days
Slippage unknown: BloFin: live order book, 8 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 BloFin live order book, 8 min ago | 5.84 bp | 15.1 bp −$15 | 34.8 bp −$348 | 163.6 bp −$16.4K | 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.
MON on 33 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit MONUSDT | −0.0071% | 8h | 0.02558 | +0.117% | $21.2M | $11.9M | 50x | as long as short |
| Injective MON/USDC PERP | −0.0053% | 1h | 0.02575 | +0.783% | $6K | $109 | 5.5x | as long as short |
| Phoenix MON | 0.0000% | 1h | 0.02565 | +0.380% | $13K | $362K | 5x | as long as short |
| Perpl MON | 0.0000% | 43m | 0.02560 | +0.188% | $129K | $1.8M | 10x | as long as short |
| Deribit MON_USDC-PERPETUAL | 0.0000% | 1h | 0.02560 | +0.196% | $69K | $119K | 25x | as long as short |
| Aftermath Perps MONUSD | +0.0027% | 1h | 0.02564 | +0.356% | $2K | $74K | 10x | as long as short |
| 01 Exchange MONUSD | +0.0040% | 1h | 0.02560 | +0.180% | $6K | $1K | 5x | as long as short |
| Orderly PERP_MON_USDC | +0.0066% | 4h | 0.02559 | +0.157% | $17K | $64K | 10x | as long as short |
| Paradex MON-USD-PERP | +0.0088% | 8h | 0.02556 | +0.037% | $8K | $42 | 5x | as long as short |
| Lighter MON | +0.0096% | 1h | 0.02559 | +0.157% | $854K | $784K | 10x | as long as short |
Bybit MONUSDT
Injective MON/USDC PERP
Phoenix MON
Perpl MON
Deribit MON_USDC-PERPETUAL
Aftermath Perps MONUSD
01 Exchange MONUSD
Orderly PERP_MON_USDC
Paradex MON-USD-PERP
Lighter MONShow all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid MON | +0.0100% | 1h | 0.02559 | +0.141% | $34.6M | $7.5M | 5x | as long as short |
| Aster MONUSDT | +0.0100% | 4h | 0.02560 | +0.201% | $108K | $231K | 10x | as long as short |
| dYdX MON-USD | +0.0100% | 1h | 0.02560 | +0.183% | $13K | — | 5x | as long as short |
| Pacifica MON | +0.0100% | 1h | 0.02557 | +0.078% | $141K | $104K | 3x | as long as short |
| Binance MONUSDT | +0.0100% | 4h | 0.02561 | +0.216% | $24.4M | $24.9M | 75x | as long as short |
| OKX MON-USDT-SWAP | +0.0100% | 4h | 0.02559 | +0.157% | $4.3M | $5.9M | 50x | as long as short |
| Bulk MON-USD | +0.0100% | 1h | 0.02569 | +0.531% | $108K | $3K | 10x | as long as short |
| Gate MON_USDT | +0.0100% | 4h | 0.02560 | +0.196% | $991K | $879K | 50x | as long as short |
| Bitget MONUSDT | +0.0100% | 4h | 0.02561 | +0.235% | $2.7M | $1.8M | 25x | as long as short |
| Backpack MON_USDC_PERP | +0.0100% | 1h | 0.02558 | +0.129% | $127K | $142K | 10x | as long as short |
| Variational Omni MON | +0.0100% | 8h | 0.02553 | −0.072% | $770K | $408K | — | as long as short |
| edgeX MONUSDC | +0.0100% | 4h | 0.02550 | −0.184% | $47K | $243K | 10x | as long as short |
| GRVT MON_USDT_Perp | +0.0100% | 4h | 0.02570 | +0.575% | $576K | $1.5M | 10x | as long as short |
| ApeX Omni MONUSDT | +0.0100% | 1h | 0.02553 | −0.078% | $68K | $482K | 50x | as long as short |
| Nado MON-PERP | +0.0100% | 1h | 0.02561 | +0.225% | $389K | $543K | 10x | as long as short |
| SoDEX MON-USD | +0.0100% | 1h | 0.02559 | +0.157% | $5K | $6K | 5x | as long as short |
| Extended MON-USD | +0.0104% | 1h | 0.02561 | +0.241% | $51K | $407K | 10x | as long as short |
| Aevo MON-PERP | +0.0104% | 1h | 0.02558 | +0.117% | $39K | — | 3x | as long as short |
| Kraken Futures PF_MONUSD | +0.0175% | 1h | 0.02562 | +0.293% | $269K | $78K | 10x | as long as short |
| GMX MON/USD [ETH-USDC]short | L +0.0260% / S −0.0598% | 1h | 0.02560 | +0.180% | $8K | — | 50x | |
| KuCoin MONUSDTM | +0.0276% | 4h | 0.02561 | +0.235% | $3.0M | $707K | 75x | as long as short |
| BloFin MON-USDTlong | +0.0340% | 4h | 0.02555 | long leg | $1.4M | $305K | 75x | |
| Coinbase International MON-PERP-INTX | +0.0536% | 1h | 0.02561 | +0.227% | $113K | $50K | 50x | as long as short |
Hyperliquid MON
Aster MONUSDT
dYdX MON-USD
Pacifica MON
Binance MONUSDT
OKX MON-USDT-SWAP
Bulk MON-USD
Gate MON_USDT
Bitget MONUSDT
Backpack MON_USDC_PERP
Variational Omni MON
edgeX MONUSDC
GRVT MON_USDT_Perp
ApeX Omni MONUSDT
Nado MON-PERP
SoDEX MON-USD
Extended MON-USD
Aevo MON-PERP
Kraken Futures PF_MONUSD
KuCoin MONUSDTM
Coinbase International MON-PERP-INTX