Settings8H · net · $10k
Funding arb · Price arb /

S

all S markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC−0.0302%/8h= −33.1% APRnext payment $0.38 per $10,000 · paid last 24h −0.094%
Price spread now: GMX against Extended+0.013%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropExtended: Active · farm boardneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$9 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended S-USD0.039820.0104pay 0.0013% / 1h29m 50s$224K$593K10x
ShortGMX S/USD [WBTC.b-USDC]0.03982L −0.0206% / S +0.0198%pay 0.0025% / 1h29m 50s$1K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX against Extended. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$63.43
Price spread: +0.013% → 0.000%
$1.32
Slippage, 4 orders
no order book: not counted
Fee Extended: 2.5 bp × 2 orders
−$5
Fee GMX: 6 bp × 2 orders
−$12
Net
−$79.11
Costs to cover
0.170%
Break-even
never at this rate
Slippage unknown: Extended: live order book, 53 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
LegHalf-spread$10k$100k$1M$5M
Buy Extended live order book, 53 min ago6.31 bp25.7 bp −$26237.4 bp −$2,374doesn't fitdoesn'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.

S on 25 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
01 Exchange SUSD−0.8920%1h0.03840−3.558%$24K$2K5xas long as short
Kraken Futures PF_SUSD−0.1827%1h0.03980−0.049%$34K$16K10xas long as short
Coinbase International S-PERP-INTX−0.1232%1h0.03961−0.519%$48K$18K25xas long as short
GMX S/USD [WBTC.b-USDC]shortL −0.0206% / S +0.0198%1h0.03982+0.013%$1K100x
Variational Omni S−0.0140%4h0.03978−0.083%$617K$28Kas long as short
Reya SRUSDPERP−0.0101%1h0.03981−0.007%$415xas long as short
gTrade (Gains Network) S/USDL +0.0001% / S +0.0006%1h0.03981−0.016%$614150xas long as short
Injective S/USDC PERP+0.0033%1h0.04100+2.972%$2K$37K12xas long as short
Orderly PERP_S_USDC+0.0083%4h0.03981−0.017%$99K$528K10xas long as short
Lighter S+0.0096%1h0.03988+0.159%$169K$139K5xas long as short
Show all 25 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid S+0.0100%1h0.03985+0.081%$1.0M$594K5xas long as short
Aster SUSDT+0.0100%4h0.03984+0.068%$46K$142K10xas long as short
Binance SUSDT+0.0100%4h0.03984+0.059%$5.7M$13.8M75xas long as short
Bybit SUSDT+0.0100%4h0.03976−0.143%$5.7M$4.5M50xas long as short
OKX S-USDT-SWAP+0.0100%4h0.03981−0.017%$1.0M$3.8M20xas long as short
Gate S_USDT+0.0100%4h0.03983+0.033%$324K$185K50xas long as short
MEXC S_USDT+0.0100%4h0.03984+0.058%$3.6M$1.7M200xas long as short
KuCoin SUSDTM+0.0100%4h0.03980−0.042%$1.8M$2.7M50xas long as short
Bitget SUSDT+0.0100%4h0.03987+0.134%$1.2M$2.3M50xas long as short
BingX S-USDT+0.0100%4h0.03980−0.042%$6.8Mas long as short
ApeX Omni SUSDT+0.0100%1h0.03980−0.042%$24K$484K50xas long as short
Extended S-USDlong+0.0104%1h0.03982long leg$224K$593K10x
BloFin S-USDT+0.0340%4h0.03990+0.209%$270K$108K75xas long as short
Deribit S_USDC-PERPETUAL+0.0755%1h0.03986+0.109%$67K$10K10xas long as short
Backpack S_USDC_PERP+0.2162%1h0.03990+0.209%$116K$426K5xas long as short