Funding you earn now, next payment 09:00 UTC−0.0833%/8h= −91.3% APRnext payment −$1.04 per $10,000 · paid last 24h −0.221%
Price spread now: GMX against dYdX+0.030%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 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
The price spread pays, funding is against you. GMX is 0.030% dearer against dYdX than usual: you sell high and buy low (spread +0.030% now, against zero (this spread has no 7-day history yet)): +$3 on $10k if it goes back. Holding the pair costs −$25 a day in funding at the current rate, which eats that in about 3 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | dYdX APT-USD | 0.7768 | 0.0923 | pay 0.0115% / 1h | 59m 51s | $54K | $6K | 10x |
| Short | GMX APT/USD [ETH-USDC] | 0.7771 | L +0.0136% / S −0.0090% | get 0.0011% / 1h | 59m 51s | $17K | — | 100x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX against dYdX. 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
- −$175.03
- Price spread: +0.030% → 0.000%
- $2.96
- Slippage, 4 orders
- no order book: not counted
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- −$194.07
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: dYdX: 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 dYdX no order-book sample | — | — | — | — | — |
| Sell GMX no order-book sample | — | — | — | — | — |
dYdX 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.
APT on 30 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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni APT | −0.0090% | 8h | 0.7755 | −0.173% | $496K | $411K | — | as long as short |
| Bybit APTUSDT | −0.0050% | 8h | 0.7764 | −0.058% | $27.6M | $35.2M | 50x | as long as short |
| gTrade (Gains Network) APT/USD | L −0.0004% / S +0.0005% | 1h | 0.7767 | −0.021% | $21K | — | 150x | as long as short |
| Deribit APT_USDC-PERPETUAL | 0.0000% | 1h | 0.7768 | −0.006% | $20K | $586K | 50x | as long as short |
| Orderly PERP_APT_USDC | +0.0014% | 8h | 0.7767 | −0.019% | $10K | $6K | 10x | as long as short |
| Injective APT/USDC PERP | +0.0033% | 1h | 0.7780 | +0.148% | $2K | $240K | 12x | as long as short |
| Lighter APT | +0.0096% | 1h | 0.7765 | −0.045% | $414K | $416K | 10x | as long as short |
| Hyperliquid APT | +0.0100% | 1h | 0.7771 | +0.032% | $5.1M | $6.1M | 10x | as long as short |
| Aster APTUSDT | +0.0100% | 8h | 0.7770 | +0.020% | $91K | $868K | 20x | as long as short |
| Binance APTUSDT | +0.0100% | 8h | 0.7771 | +0.036% | $28.2M | $91.0M | 75x | as long as short |
Show all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX APT-USDT-SWAP | +0.0100% | 8h | 0.7766 | −0.032% | $5.7M | $22.8M | 50x | as long as short |
| Gate APT_USDT | +0.0100% | 8h | 0.7767 | −0.019% | $2.6M | $4.3M | 75x | as long as short |
| MEXC APT_USDT | +0.0100% | 8h | 0.7774 | +0.071% | $22.9M | $14.1M | 200x | as long as short |
| KuCoin APTUSDTM | +0.0100% | 8h | 0.7767 | −0.019% | $4.9M | $10.6M | 50x | as long as short |
| Bitget APTUSDT | +0.0100% | 8h | 0.7764 | −0.058% | $8.7M | $11.2M | 75x | as long as short |
| BingX APT-USDT | +0.0100% | 8h | 0.7767 | −0.019% | — | $23.7M | — | as long as short |
| Backpack APT_USDC_PERP | +0.0100% | 1h | 0.7769 | +0.007% | $185K | $334K | 20x | as long as short |
| ApeX Omni APTUSDT | +0.0100% | 1h | 0.7780 | +0.148% | $59K | $584K | 50x | as long as short |
| SunX APT-USDT | +0.0100% | 8h | 0.7753 | −0.199% | $6K | $1.2M | 20x | as long as short |
| SoDEX APT-USD | +0.0100% | 1h | 0.7766 | −0.032% | $88 | $6K | 5x | as long as short |
| HTX APT-USDT | +0.0100% | 8h | 0.7770 | +0.020% | $256K | $157K | 50x | as long as short |
| Extended APT-USD | +0.0104% | 1h | 0.7763 | −0.070% | $81K | $637K | 25x | as long as short |
| Aevo APT-PERP | +0.0104% | 1h | 0.7765 | −0.045% | $28K | $5K | 3x | as long as short |
| GMX APT/USD [ETH-USDC]short | L +0.0136% / S −0.0090% | 1h | 0.7771 | +0.030% | $17K | — | 100x | |
| Kraken Futures PF_APTUSD | +0.0143% | 1h | 0.7772 | +0.044% | $529K | $522K | 50x | as long as short |
| BloFin APT-USDT | +0.0220% | 8h | 0.7766 | −0.032% | $1.4M | $770K | 75x | as long as short |
| Coinbase International APT-PERP-INTX | +0.0336% | 1h | 0.7787 | +0.238% | $223K | $298K | 50x | as long as short |
| Reya APTRUSDPERP | +0.0505% | 1h | 0.7763 | −0.075% | $3K | — | 20x | as long as short |
| dYdX APT-USDlong | +0.0923% | 1h | 0.7768 | long leg | $54K | $6K | 10x | |
| 01 Exchange APTUSD | +0.3400% | 1h | 0.7844 | +0.972% | $2K | — | 5x | as long as short |
GMX APT/USD [ETH-USDC]
Variational Omni APT
Bybit APTUSDT
gTrade (Gains Network) APT/USD
Deribit APT_USDC-PERPETUAL
Injective APT/USDC PERP
Lighter APT
Hyperliquid APT
Aster APTUSDT
Binance APTUSDT
OKX APT-USDT-SWAP
Gate APT_USDT
MEXC APT_USDT
KuCoin APTUSDTM
Bitget APTUSDT
BingX APT-USDT
Backpack APT_USDC_PERP
ApeX Omni APTUSDT
SunX APT-USDT
SoDEX APT-USD
HTX APT-USDT
Extended APT-USD
Kraken Futures PF_APTUSD
BloFin APT-USDT
Coinbase International APT-PERP-INTX
01 Exchange APTUSD