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

S

all S markets
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Funding spread now, next payment 15:00 UTC+0.0468%/8h
paid, last 24h+0.160%paid, last 3 days+0.522%to open and closeno order book
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGMX S/USD [WBTC.b-USDC]0.03929L −0.0368% / S +0.0340%get 0.0046% / 1h30m 33s$1K100x
ShortOKX S-USDT-SWAP0.039160.0100get 0.0050% / 4h1h 30m$1.0M$12.7M20x

Funding history

latest
Range statsloading…

Funding on every exchange

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latest

Profit calculator

Funding earned
$98.18
Slippage, 4 orders
no order book: not counted
Fee GMX: 6 bp × 2 orders
−$12
Fee OKX: 5 bp × 2 orders
−$10
Net
$76.18
Break-even
1.6 days
Slippage unknown: GMX: no order-book sample; OKX: live order book, 4 min ago. Net counts fees only.

Price risk

price view
Price gap now
−0.323%
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 OKX live order book, 4 min ago2.55 bp37.3 bp −$37doesn't fitdoesn't fitdoesn'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.
ExchangeFunding /8hEveryOIVol 24hMax lev
01 Exchange SUSD−1.3768%1h$22K$3K5xas long as short
Coinbase International S-PERP-INTX−0.2344%1h$47K$13K25xas long as short
Kraken Futures PF_SUSD−0.1656%1h$33K$48K10xas long as short
Variational Omni S−0.1199%4h$610K$125Kas long as short
Aster SUSDT−0.0394%4h$46K$256K10xas long as short
GMX S/USD [WBTC.b-USDC]longL −0.0368% / S +0.0340%1h$1K100x
Orderly PERP_S_USDC−0.0257%4h$104K$337K10xas long as short
Reya SRUSDPERP−0.0101%1h$415xas long as short
Deribit S_USDC-PERPETUAL−0.0005%1h$66K$12K10xas long as short
gTrade (Gains Network) S/USDL +0.0001% / S +0.0006%1h$606150xas long as short
Show all 25 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Injective S/USDC PERP+0.0033%1h$2K$193K12xas long as short
Lighter S+0.0096%1h$169K$328K5xas long as short
Bybit SUSDT+0.0097%4h$5.6M$9.5M50xas long as short
Hyperliquid S+0.0100%1h$1.1M$1.5M5xas long as short
Binance SUSDT+0.0100%4h$5.3M$40.8M75xas long as short
OKX S-USDT-SWAPshort+0.0100%4h$1.0M$12.7M20x
Gate S_USDT+0.0100%4h$330K$404K50xas long as short
MEXC S_USDT+0.0100%4h$3.6M$3.5M200xas long as short
KuCoin SUSDTM+0.0100%4h$1.8M$4.0M50xas long as short
Bitget SUSDT+0.0100%4h$1.2M$4.6M50xas long as short
BingX S-USDT+0.0100%4h$7.0Mas long as short
Backpack S_USDC_PERP+0.0100%1h$118K$198K5xas long as short
ApeX Omni SUSDT+0.0100%1h$24K$514K50xas long as short
Extended S-USD+0.0104%1h$221K$949K10xas long as short
BloFin S-USDT+0.0340%4h$281K$233K75xas long as short