Funding you earn now, next payment 08:00 UTC+0.3317%/8h= +363.3% APRpaid last 24h +0.638%
Price spread now: GMX against BloFin+0.195%51s7-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 +$100 a day on $10k at the current rate, and GMX is 0.195% dearer against BloFin than usual: you sell high and buy low: +$19 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 51 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 | BloFin ORDI-USDT | 4.8790 | 0.0041 | pay 0.0021% / 4h | 9m 49s | $593K | $308K | 75x |
| Short | GMX ORDI/USD [WBTC.b-USDC] | 4.8885 | L +0.0239% / S −0.3359% | get 0.0420% / 1h | 9m 49s | $8K | — | 100x |
BloFin ORDI-USDT
GMX ORDI/USD [WBTC.b-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
- $696.66
- Price spread: +0.195% → 0.000%
- $19.46
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- $692.11
- Costs to cover
- 0.240%
- Break-even
- 0.0 days
Slippage unknown: BloFin: live order book, 7 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, 7 min ago | 3.07 bp | 11.0 bp −$11 | 21.4 bp −$214 | 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.
ORDI on 19 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ORDIUSD | −0.0304% | 1h | 4.8847 | +0.118% | $69K | $43K | 25x | as long as short |
| dYdX ORDI-USD | 0.0000% | 1h | 4.8762 | −0.057% | $33K | $577 | 5x | as long as short |
| Injective ORDI/USDC PERP | +0.0033% | 1h | 4.5550 | −6.641% | $776 | $20K | 5.5x | as long as short |
| Gate ORDI_USDT | +0.0038% | 4h | 4.8810 | +0.041% | $1.2M | $2.7M | 50x | as long as short |
| BloFin ORDI-USDTlong | +0.0041% | 4h | 4.8790 | long leg | $593K | $308K | 75x | |
| Hyperliquid ORDI | +0.0100% | 1h | 4.8888 | +0.201% | $705K | $667K | 3x | as long as short |
| Aster ORDIUSDT | +0.0100% | 4h | 4.8860 | +0.143% | $10K | $347K | 5x | as long as short |
| Binance ORDIUSDT | +0.0100% | 4h | 4.8850 | +0.123% | $10.0M | $33.8M | 50x | as long as short |
| Bybit ORDIUSDT | +0.0100% | 4h | 4.8780 | −0.020% | $4.1M | $4.5M | 50x | as long as short |
| OKX ORDI-USDT-SWAP | +0.0100% | 4h | 4.8810 | +0.041% | $5.2M | $17.7M | 20x | as long as short |
Kraken Futures PF_ORDIUSD
dYdX ORDI-USD
Injective ORDI/USDC PERP
Gate ORDI_USDT
Hyperliquid ORDI
Aster ORDIUSDT
Binance ORDIUSDT
Bybit ORDIUSDT
OKX ORDI-USDT-SWAPShow all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC ORDI_USDT | +0.0100% | 4h | 4.8860 | +0.143% | $6.6M | $3.3M | 200x | as long as short |
| KuCoin ORDIUSDTM | +0.0100% | 4h | 4.8877 | +0.178% | $1.0M | $794K | 50x | as long as short |
| Bitget ORDIUSDT | +0.0100% | 4h | 4.8830 | +0.082% | $2.8M | $3.5M | 50x | as long as short |
| BingX ORDI-USDC | +0.0100% | 4h | 4.8820 | +0.061% | — | $2.3M | — | as long as short |
| Variational Omni ORDI | +0.0100% | 4h | 4.8744 | −0.094% | $26K | $32K | — | as long as short |
| SunX ORDI-USDT | +0.0100% | 4h | 4.8740 | −0.102% | $1K | $1.2M | 20x | as long as short |
| HTX ORDI-USDT | +0.0100% | 4h | 4.8830 | +0.082% | $85K | $338K | 75x | as long as short |
| Extended ORDI-USD | +0.0104% | 1h | 4.8867 | +0.157% | $2K | $222K | 5x | as long as short |
| GMX ORDI/USD [WBTC.b-USDC]short | L +0.0239% / S −0.3359% | 1h | 4.8885 | +0.195% | $8K | — | 100x |
MEXC ORDI_USDT
KuCoin ORDIUSDTM
Bitget ORDIUSDT
BingX ORDI-USDC
Variational Omni ORDI
SunX ORDI-USDT
HTX ORDI-USDT
Extended ORDI-USD