S

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0306%/8h= +33.5% APRnext payment +$0.38 per $10,000 · paid last 24h +0.109%

Price spread now: ApeX Omni against GMX−0.857%68s7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on GMX Short on ApeX Omni

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 days—no price history on both exchanges yet

Together, before fees—needs both histories

Funding pays, the price is against you. ApeX Omni is 0.857% cheaper against GMX than usual: you would sell low and buy high (spread −0.857% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$86 on $10k: about 9.3 days of funding at the current rate (+$9 a day). The two prices were read 68 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	GMX S/USD [WBTC.b-USDC]	0.04095	L −0.0206% / S +0.0198%	get 0.0026% / 1h	2m 00s	$1K	—	100x
Short	ApeX Omni SUSDT	0.04060	0.0100	get 0.0013% / 1h	2m 00s	$24K	$487K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against GMX. 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

Position, each leg$Hold fordaysFee GMXbpFee ApeX OmnibpOrdersPrice spread, now −0.857%Rate

Funding earned: $64.24
Price spread: −0.857% → 0.000%: −$85.71
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$43.47
Costs to cover: 0.220%
Break-even: 11.7 days

Slippage unknown: GMX: no order-book sample; ApeX Omni: live order book, 46 min ago. 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 GMX no order-book sample	—	—	—	—	—
Sell ApeX Omni live order book, 46 min ago	25.25 bp	79.5 bp −$80	doesn't fit	doesn't fit	doesn't fit

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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
01 Exchange SUSD	−1.1224%	1h	0.03870	−5.497%	$24K	$2K	5x	as long as short
Kraken Futures PF_SUSD	−0.1777%	1h	0.04093	−0.056%	$35K	$16K	10x	as long as short
Coinbase International S-PERP-INTX	−0.1232%	1h	0.03961	−3.275%	$48K	$18K	25x	as long as short
GMX S/USD [WBTC.b-USDC]long	L −0.0206% / S +0.0198%	1h	0.04095	long leg	$1K	—	100x
Reya SRUSDPERP	−0.0101%	1h	0.04094	−0.021%	$4	—	15x	as long as short
Variational Omni S	−0.0004%	4h	0.04043	−1.265%	$628K	$25K	—	as long as short
gTrade (Gains Network) S/USD	L +0.0001% / S +0.0006%	1h	0.04095	+0.003%	$631	—	150x	as long as short
Injective S/USDC PERP	+0.0033%	1h	0.04100	+0.120%	$2K	$37K	12x	as long as short
Orderly PERP_S_USDC	+0.0085%	4h	0.04096	+0.022%	$102K	$561K	10x	as long as short
Lighter S	+0.0096%	1h	0.04100	+0.120%	$175K	$140K	5x	as long as short

Show all 25 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid S	+0.0100%	1h	0.04094	−0.024%	$1.0M	$597K	5x	as long as short
Aster SUSDT	+0.0100%	4h	0.04090	−0.116%	$48K	$111K	10x	as long as short
Binance SUSDT	+0.0100%	4h	0.04090	−0.132%	$5.8M	$13.7M	75x	as long as short
Bybit SUSDT	+0.0100%	4h	0.04084	−0.271%	$5.8M	$4.3M	50x	as long as short
OKX S-USDT-SWAP	+0.0100%	4h	0.04089	−0.149%	$1.0M	$3.8M	20x	as long as short
Gate S_USDT	+0.0100%	4h	0.04089	−0.149%	$333K	$185K	50x	as long as short
MEXC S_USDT	+0.0100%	4h	0.04091	−0.100%	$4.0M	$1.8M	200x	as long as short
KuCoin SUSDTM	+0.0100%	4h	0.04089	−0.149%	$1.9M	$2.8M	50x	as long as short
Bitget SUSDT	+0.0100%	4h	0.04093	−0.051%	$1.2M	$2.3M	50x	as long as short
BingX S-USDT	+0.0100%	4h	0.04092	−0.076%	—	$6.8M	—	as long as short
ApeX Omni SUSDTshort	+0.0100%	1h	0.04060	−0.857%	$24K	$487K	50x
Extended S-USD	+0.0104%	1h	0.04089	−0.160%	$230K	$592K	10x	as long as short
BloFin S-USDT	+0.0340%	4h	0.04072	−0.564%	$277K	$117K	75x	as long as short
Deribit S_USDC-PERPETUAL	+0.1215%	1h	0.04102	+0.168%	$69K	$10K	10x	as long as short
Backpack S_USDC_PERP	+0.2423%	1h	0.04110	+0.364%	$120K	$426K	5x	as long as short