Funding you earn now, next payment 03:00 UTC+0.8946%/8h= +979.6% APRnext payment +$11.18 per $10,000 · paid last 24h +2.109%
Price spread now: GMX against 01 Exchange+3.291%7-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 +$268 a day on $10k at the current rate, and GMX is 3.291% dearer against 01 Exchange than usual: you sell high and buy low: +$329 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | 01 Exchange SUSD | 0.03950 | −0.9144 | get 0.1143% / 1h | 55m 27s | $24K | $2K | 5x |
| Short | GMX S/USD [WBTC.b-USDC] | 0.04080 | L −0.0206% / S +0.0198% | pay 0.0025% / 1h | 55m 27s | $1K | — | 100x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX against 01 Exchange. 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
- $1,878.65
- Price spread: +3.291% → 0.000%
- $329.11
- Slippage, 4 orders
- no order book: not counted
- Fee 01 Exchange: 3.5 bp × 2 orders
- −$7
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- $2,188.77
- Costs to cover
- 0.190%
- Break-even
- from the start
Slippage unknown: 01 Exchange: no order-book sample; 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 01 Exchange no order-book sample | — | — | — | — | — |
| Sell GMX no order-book sample | — | — | — | — | — |
01 Exchange and 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 24 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 SUSDlong | −0.9144% | 1h | 0.03950 | long leg | $24K | $2K | 5x | |
| Kraken Futures PF_SUSD | −0.1681% | 1h | 0.04087 | +3.466% | $34K | $16K | 10x | as long as short |
| Coinbase International S-PERP-INTX | −0.1456% | 1h | 0.04022 | +1.823% | $48K | $16K | 25x | as long as short |
| Variational Omni S | −0.0312% | 4h | 0.04087 | +3.464% | $632K | $30K | — | as long as short |
| GMX S/USD [WBTC.b-USDC]short | L −0.0206% / S +0.0198% | 1h | 0.04080 | +3.291% | $1K | — | 100x | |
| Reya SRUSDPERP | −0.0101% | 1h | 0.04077 | +3.218% | $4 | — | 15x | as long as short |
| gTrade (Gains Network) S/USD | L +0.0001% / S +0.0006% | 1h | 0.04080 | +3.294% | $2K | — | 150x | as long as short |
| Injective S/USDC PERP | +0.0033% | 1h | 0.04100 | +3.797% | $2K | $37K | 12x | as long as short |
| Orderly PERP_S_USDC | +0.0057% | 4h | 0.04077 | +3.215% | $101K | $331K | 10x | as long as short |
| Lighter S | +0.0096% | 1h | 0.04091 | +3.570% | $170K | $155K | 5x | as long as short |
Show all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid S | +0.0100% | 1h | 0.04081 | +3.314% | $1.0M | $564K | 5x | as long as short |
| Aster SUSDT | +0.0100% | 4h | 0.04086 | +3.449% | $45K | $134K | 10x | as long as short |
| Binance SUSDT | +0.0100% | 4h | 0.04077 | +3.216% | $5.6M | $14.1M | 75x | as long as short |
| Bybit SUSDT | +0.0100% | 4h | 0.04071 | +3.063% | $5.8M | $4.5M | 50x | as long as short |
| OKX S-USDT-SWAP | +0.0100% | 4h | 0.04078 | +3.241% | $1.0M | $4.0M | 20x | as long as short |
| Gate S_USDT | +0.0100% | 4h | 0.04081 | +3.316% | $336K | $199K | 50x | as long as short |
| MEXC S_USDT | +0.0100% | 4h | 0.04078 | +3.241% | $3.9M | $1.8M | 200x | as long as short |
| KuCoin SUSDTM | +0.0100% | 4h | 0.04080 | +3.291% | $1.9M | $2.7M | 50x | as long as short |
| Bitget SUSDT | +0.0100% | 4h | 0.04080 | +3.291% | $1.2M | $2.2M | 50x | as long as short |
| BingX S-USDT | +0.0100% | 4h | 0.04077 | +3.215% | — | $6.8M | — | as long as short |
| ApeX Omni SUSDT | +0.0100% | 1h | 0.04060 | +2.785% | $20K | $447K | 50x | as long as short |
| Extended S-USD | +0.0104% | 1h | 0.04081 | +3.304% | $230K | $1.1M | 10x | as long as short |
| Deribit S_USDC-PERPETUAL | +0.0971% | 1h | 0.04099 | +3.772% | $69K | $10K | 10x | as long as short |
| Backpack S_USDC_PERP | +0.1713% | 1h | 0.04100 | +3.797% | $121K | $352K | 5x | as long as short |
01 Exchange SUSD
GMX S/USD [WBTC.b-USDC]
Kraken Futures PF_SUSD
Coinbase International S-PERP-INTX
Variational Omni S
gTrade (Gains Network) S/USD
Injective S/USDC PERP
Lighter S
Hyperliquid S
Aster SUSDT
Binance SUSDT
Bybit SUSDT
OKX S-USDT-SWAP
Gate S_USDT
MEXC S_USDT
KuCoin SUSDTM
Bitget SUSDT
BingX S-USDT
ApeX Omni SUSDT
Extended S-USD
Deribit S_USDC-PERPETUAL
Backpack S_USDC_PERP