data as of
Settings8H · net · $10k
Funding arb /

S

all S markets
SwapPrice view
Alert
Funding spread now, next payment 17:00 UTC+0.0475%/8h
paid, last 24h+0.228%paid, last 3 days+0.755%to open and closeno order book
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGMX S/USD [WBTC.b-USDC]0.03890L −0.0375% / S +0.0346%get 0.0047% / 1h16m 12s$1K100x
ShortBingX S-USDT0.038830.0100get 0.0050% / 4h3h 16m$7.0M

Funding history

latest
Range statsloading…

Funding on every exchange

click an exchange to add or hide it
latest

Profit calculator

Funding earned
$99.65
Slippage, 4 orders
no order book: not counted
Fee GMX: 6 bp × 2 orders
−$12
Fee BingX: 5 bp × 2 orders
−$10
Net
$77.65
Break-even
1.5 days
Slippage unknown: GMX: no order-book sample; BingX: live order book, 13 min ago. Net counts fees only.

Price risk

price view
Price gap now
−0.175%
Avg gap 7d
A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy GMX no order-book sample
Sell BingX live order book, 13 min ago5.12 bp18.3 bp −$1851.5 bp −$515297.1 bp −$29.7K720.8 bp −$360.4K
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.
ExchangeFunding /8hEveryOIVol 24hMax lev
01 Exchange SUSD−1.0976%1h$23K$3K5xas long as short
Kraken Futures PF_SUSD−0.2945%1h$33K$48K10xas long as short
Coinbase International S-PERP-INTX−0.2448%1h$47K$11K25xas long as short
Variational Omni S−0.0859%4h$601K$121Kas long as short
GMX S/USD [WBTC.b-USDC]longL −0.0375% / S +0.0346%1h$1K100x
Orderly PERP_S_USDC−0.0128%4h$103K$330K10xas long as short
Aster SUSDT−0.0113%4h$42K$263K10xas long as short
Reya SRUSDPERP−0.0101%1h$415xas long as short
gTrade (Gains Network) S/USDL +0.0001% / S +0.0006%1h$599150xas long as short
Deribit S_USDC-PERPETUAL+0.0007%1h$65K$11K10xas long as short
Show all 25 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Injective S/USDC PERP+0.0033%1h$2K$120K12xas long as short
Lighter S+0.0096%1h$163K$325K5xas long as short
Hyperliquid S+0.0100%1h$1.0M$1.5M5xas long as short
Binance SUSDT+0.0100%4h$5.3M$40.5M75xas long as short
Bybit SUSDT+0.0100%4h$5.6M$9.5M50xas long as short
OKX S-USDT-SWAP+0.0100%4h$978K$12.3M20xas long as short
Gate S_USDT+0.0100%4h$323K$375K50xas long as short
MEXC S_USDT+0.0100%4h$3.5M$3.5M200xas long as short
KuCoin SUSDTM+0.0100%4h$1.8M$3.8M50xas long as short
Bitget SUSDT+0.0100%4h$1.1M$4.7M50xas long as short
BingX S-USDTshort+0.0100%4h$7.0M
Backpack S_USDC_PERP+0.0100%1h$113K$231K5xas long as short
ApeX Omni SUSDT+0.0100%1h$20K$501K50xas long as short
Extended S-USD+0.0104%1h$217K$947K10xas long as short
BloFin S-USDT+0.0340%4h$284K$263K75xas long as short