Funding you earn now, next payment 07:00 UTC+0.0146%/8h= +16.0% APRpaid last 24h +0.088%
Price spread now: GMX against OKX−0.032%7-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 0.032% cheaper against OKX than usual: you would sell low and buy high (spread −0.032% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$3 on $10k: about 17 hours of funding at the current rate (+$4 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX MON-USDT-SWAP | 0.02501 | 0.0100 | pay 0.0050% / 4h | 1h 49m | $4.2M | $6.2M | 50x |
| Short | GMX MON/USD [ETH-USDC] | 0.02500 | L +0.0231% / S −0.0246% | get 0.0031% / 1h | 49m 12s | $6K | — | 50x |
OKX MON-USDT-SWAP
GMX MON/USD [ETH-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
- $30.73
- Price spread: −0.032% → 0.000%
- −$3.2
- Slippage, 4 orders
- no order book: not counted
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- $5.53
- Costs to cover
- 0.220%
- Break-even
- 5.7 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 | 2.00 bp | 17.2 bp −$17 | 83.8 bp −$838 | 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.
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 | |
|---|---|---|---|---|---|---|---|---|
| Phoenix MON | 0.0000% | 1h | 0.02500 | −0.056% | $13K | $353K | 5x | as long as short |
| Backpack MON_USDC_PERP | +0.0022% | 1h | 0.02502 | +0.032% | $114K | $154K | 10x | as long as short |
| Bybit MONUSDT | +0.0043% | 8h | 0.02500 | −0.040% | $20.6M | $13.7M | 50x | as long as short |
| Orderly PERP_MON_USDC | +0.0085% | 4h | 0.02501 | 0.000% | $16K | $48K | 10x | as long as short |
| Lighter MON | +0.0096% | 1h | 0.02502 | +0.040% | $803K | $786K | 10x | as long as short |
| Paradex MON-USD-PERP | +0.0100% | 8h | 0.02501 | +0.003% | $8K | $42 | 5x | as long as short |
| Nado MON-PERP | +0.0100% | 1h | 0.02501 | +0.008% | $399K | $578K | 10x | as long as short |
| Aster MONUSDT | +0.0100% | 4h | 0.02501 | −0.013% | $99K | $221K | 10x | as long as short |
| dYdX MON-USD | +0.0100% | 1h | 0.02502 | +0.060% | $13K | — | 5x | as long as short |
| Pacifica MON | +0.0100% | 1h | 0.02502 | +0.040% | $139K | $91K | 3x | as long as short |
Phoenix MON
Backpack MON_USDC_PERP
Bybit MONUSDT
Orderly PERP_MON_USDC
Lighter MON
Paradex MON-USD-PERP
Nado MON-PERP
Aster MONUSDT
dYdX MON-USD
Pacifica MONShow all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance MONUSDT | +0.0100% | 4h | 0.02500 | −0.023% | $23.8M | $27.7M | 75x | as long as short |
| OKX MON-USDT-SWAPlong | +0.0100% | 4h | 0.02501 | long leg | $4.2M | $6.2M | 50x | |
| Bulk MON-USD | +0.0100% | 1h | 0.02500 | −0.040% | $103K | $1K | 10x | as long as short |
| Gate MON_USDT | +0.0100% | 4h | 0.02500 | −0.040% | $936K | $1.0M | 50x | as long as short |
| KuCoin MONUSDTM | +0.0100% | 4h | 0.02505 | +0.160% | $2.9M | $766K | 75x | as long as short |
| Bitget MONUSDT | +0.0100% | 4h | 0.02501 | 0.000% | $2.7M | $2.3M | 25x | as long as short |
| Variational Omni MON | +0.0100% | 8h | 0.02498 | −0.136% | $741K | $413K | — | as long as short |
| edgeX MONUSDC | +0.0100% | 4h | 0.02500 | −0.028% | $41K | $250K | 10x | as long as short |
| GRVT MON_USDT_Perp | +0.0100% | 4h | 0.02501 | +0.006% | $556K | $1.5M | 10x | as long as short |
| ApeX Omni MONUSDT | +0.0100% | 1h | 0.02502 | +0.040% | $68K | $533K | 50x | as long as short |
| SoDEX MON-USD | +0.0100% | 1h | 0.02500 | −0.040% | $5K | $6K | 5x | as long as short |
| Extended MON-USD | +0.0104% | 1h | 0.02503 | +0.085% | $48K | $267K | 10x | as long as short |
| Aevo MON-PERP | +0.0104% | 1h | 0.02500 | −0.032% | $38K | — | 3x | as long as short |
| Injective MON/USDC PERP | +0.0109% | 1h | 0.02503 | +0.080% | $5K | $110 | 5.5x | as long as short |
| Aftermath Perps MONUSD | +0.0147% | 1h | 0.02504 | +0.130% | $6K | $98K | 10x | as long as short |
| 01 Exchange MONUSD | +0.0224% | 1h | 0.02504 | +0.104% | $7K | $2K | 5x | as long as short |
| GMX MON/USD [ETH-USDC]short | L +0.0231% / S −0.0246% | 1h | 0.02500 | −0.032% | $6K | — | 50x | |
| Deribit MON_USDC-PERPETUAL | +0.0270% | 1h | 0.02502 | +0.024% | $74K | $135K | 25x | as long as short |
| BloFin MON-USDT | +0.0340% | 4h | 0.02502 | +0.040% | $1.3M | $347K | 75x | as long as short |
| Hyperliquid MON | +0.0388% | 1h | 0.02504 | +0.104% | $33.8M | $7.8M | 5x | as long as short |
| Perpl MON | +0.0447% | 43m | 0.02503 | +0.080% | $114K | $2.2M | 10x | as long as short |
| Coinbase International MON-PERP-INTX | +0.0576% | 1h | 0.02542 | +1.659% | $112K | $55K | 50x | as long as short |
| Kraken Futures PF_MONUSD | +0.0844% | 1h | 0.02504 | +0.104% | $269K | $118K | 10x | as long as short |
Binance MONUSDT
Bulk MON-USD
Gate MON_USDT
KuCoin MONUSDTM
Bitget MONUSDT
Variational Omni MON
edgeX MONUSDC
GRVT MON_USDT_Perp
ApeX Omni MONUSDT
SoDEX MON-USD
Extended MON-USD
Aevo MON-PERP
Injective MON/USDC PERP
Aftermath Perps MONUSD
01 Exchange MONUSD
Deribit MON_USDC-PERPETUAL
BloFin MON-USDT
Hyperliquid MON
Perpl MON
Coinbase International MON-PERP-INTX
Kraken Futures PF_MONUSD