Funding you earn now, next payment 03:00 UTC+0.0137%/8h= +15.0% APRpaid last 24h +0.042%
Price spread now: GMX against Binance−0.022%50s7-day average — · you buy dearer than you sell
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
Funding pays, the price is against you. GMX is 0.022% cheaper against Binance than usual: you would sell low and buy high (spread −0.022% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$2 on $10k: about 13 hours of funding at the current rate (+$4 a day). The two prices were read 50 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 | Binance AEROUSDT | 0.6882 | 0.0100 | pay 0.0050% / 4h | 1h 54m | $26.1M | $25.3M | 75x |
| Short | GMX AERO/USD [ETH-USDC] | 0.6881 | L +0.0505% / S −0.0237% | get 0.0030% / 1h | 54m 32s | $90K | — | 100x |
Binance AEROUSDT
GMX AERO/USD [ETH-USDC]Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX against Binance. 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
- $28.72
- Price spread: −0.022% → 0.000%
- −$2.18
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- $4.54
- Costs to cover
- 0.220%
- Break-even
- 5.9 days
Slippage unknown: Binance: live order book, 2 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Binance live order book, 2 min ago | 0.73 bp | 12.0 bp −$12 | 30.4 bp −$304 | doesn't fit | doesn'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.
AERO on 22 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit AERO_USDC-PERPETUAL | 0.0000% | 1h | 0.6881 | −0.015% | $55K | $11K | 10x | as long as short |
| Injective AERO/USDC PERP | +0.0033% | 1h | 0.6902 | +0.290% | $4 | $209K | 5.5x | as long as short |
| Aster AEROUSDT | +0.0100% | 4h | 0.6887 | +0.067% | $39K | $115K | 10x | as long as short |
| Binance AEROUSDTlong | +0.0100% | 4h | 0.6882 | long leg | $26.1M | $25.3M | 75x | |
| Bybit AEROUSDT | +0.0100% | 4h | 0.6882 | −0.001% | $22.4M | $19.0M | 25x | as long as short |
| OKX AERO-USDT-SWAP | +0.0100% | 4h | 0.6887 | +0.072% | $2.3M | $6.6M | 20x | as long as short |
| Gate AERO_USDT | +0.0100% | 4h | 0.6888 | +0.086% | $1.6M | $478K | 75x | as long as short |
| MEXC AERO_USDT | +0.0100% | 4h | 0.6888 | +0.086% | $8.2M | $1.6M | 100x | as long as short |
| KuCoin AEROUSDTM | +0.0100% | 4h | 0.6894 | +0.174% | $2.1M | $939K | 50x | as long as short |
| Bitget AEROUSDT | +0.0100% | 4h | 0.6884 | +0.028% | $4.0M | $1.9M | 75x | as long as short |
Deribit AERO_USDC-PERPETUAL
Injective AERO/USDC PERP
Aster AEROUSDT
Bybit AEROUSDT
OKX AERO-USDT-SWAP
Gate AERO_USDT
MEXC AERO_USDT
KuCoin AEROUSDTM
Bitget AEROUSDTShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX AERO-USDT | +0.0100% | 4h | 0.6885 | +0.043% | — | $1.7M | — | as long as short |
| Variational Omni AERO | +0.0100% | 4h | 0.6907 | +0.368% | $2.0M | $1.3M | — | as long as short |
| Extended AERO-USD | +0.0104% | 1h | 0.6882 | +0.001% | $206K | $2.0M | 10x | as long as short |
| Aevo AERO-PERP | +0.0104% | 1h | 0.6880 | −0.027% | $46K | — | 3x | as long as short |
| Reya AERORUSDPERP | +0.0228% | 1h | 0.6882 | −0.007% | $19K | $4K | 15x | as long as short |
| Hyperliquid AERO | +0.0459% | 1h | 0.6891 | +0.132% | $23.1M | $5.1M | 3x | as long as short |
| 01 Exchange AEROUSD | +0.0472% | 1h | 0.6890 | +0.111% | $187 | $101 | 3x | as long as short |
| GMX AERO/USD [ETH-USDC]short | L +0.0505% / S −0.0237% | 1h | 0.6881 | −0.022% | $90K | — | 100x | |
| RISEx AERO/USDC | +0.0540% | 1h | 0.6886 | +0.051% | $214K | $405K | 3x | as long as short |
| Backpack AERO_USDC_PERP | +0.1121% | 1h | 0.6896 | +0.198% | $118K | $282K | 15x | as long as short |
| Lighter AERO | +0.1256% | 1h | 0.6904 | +0.322% | $1.3M | $491K | 3x | as long as short |
| Coinbase International AERO-PERP-INTX | +1.0840% | 1h | 0.6912 | +0.435% | $90K | $36K | 25x | as long as short |
BingX AERO-USDT
Variational Omni AERO
Extended AERO-USD
Aevo AERO-PERP
Reya AERORUSDPERP
Hyperliquid AERO
01 Exchange AEROUSD
RISEx AERO/USDC
Backpack AERO_USDC_PERP
Lighter AERO
Coinbase International AERO-PERP-INTX