Funding you earn now, next payment 06:00 UTC+0.0166%/8h= +18.1% APRpaid last 24h +0.087%
Price spread now: GMX against OKX−0.089%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 0.089% cheaper against OKX than usual: you would sell low and buy high (spread −0.089% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$9 on $10k: about 43 hours of funding at the current rate (+$5 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX OKB-USDT-SWAP | 121.70 | 0.0100 | pay 0.0050% / 4h | 2h 05m | $30.0M | $47.5M | 20x |
| Short | GMX OKB/USD [ETH-USDC] | 121.59 | L +0.0269% / S −0.0266% | get 0.0033% / 1h | 5m 25s | $3K | — | 100x |
OKX OKB-USDT-SWAP
GMX OKB/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
- $34.77
- Price spread: −0.089% → 0.000%
- −$8.88
- Slippage, 4 orders
- no order book: not counted
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- $3.89
- Costs to cover
- 0.220%
- Break-even
- 6.2 days
Slippage unknown: OKX: live order book, 3 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, 3 min ago | 0.41 bp | 8.4 bp −$8 | 25.9 bp −$259 | 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.
OKB on 10 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster OKBUSDT | −0.1468% | 1h | 120.70 | −0.822% | $49K | $39K | 5x | as long as short |
| Injective OKB/USDC PERP | +0.0033% | 1h | 123.18 | +1.216% | $25 | $302K | 5.5x | as long as short |
| BingX OKB-USDT | +0.0036% | 4h | 121.70 | 0.000% | — | $2.8M | — | as long as short |
| Bybit OKBUSDT | +0.0100% | 4h | 121.79 | +0.074% | $2.5M | $1.0M | 25x | as long as short |
| OKX OKB-USDT-SWAPlong | +0.0100% | 4h | 121.70 | long leg | $30.0M | $47.5M | 20x | |
| Gate OKB_USDT | +0.0100% | 8h | 121.59 | −0.090% | $1.5M | $660K | 25x | as long as short |
| MEXC OKB_USDT | +0.0100% | 4h | 121.69 | −0.008% | $1.1M | $475K | 25x | as long as short |
| Variational Omni OKB | +0.0100% | 4h | 121.80 | +0.085% | $56K | $34K | — | as long as short |
| HTX OKB-USDT | +0.0100% | 8h | 121.78 | +0.066% | $66K | $328K | 10x | as long as short |
| GMX OKB/USD [ETH-USDC]short | L +0.0269% / S −0.0266% | 1h | 121.59 | −0.089% | $3K | — | 100x |
Aster OKBUSDT
Injective OKB/USDC PERP
BingX OKB-USDT
Bybit OKBUSDT
Gate OKB_USDT
MEXC OKB_USDT
Variational Omni OKB
HTX OKB-USDT