Funding you earn now, next payment 00:00 UTC+0.0043%/8h= +4.7% APRpaid last 24h +0.008%
Price spread now: GMX against Gate−0.022%7-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 Gate 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 42 hours of funding at the current rate (+$1 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate APT_USDT | 0.7941 | 0.0100 | pay 0.0100% / 8h | 51m 11s | $2.8M | $4.7M | 75x |
| Short | GMX APT/USD [ETH-USDC] | 0.7939 | L +0.0190% / S −0.0143% | get 0.0018% / 1h | 51m 11s | $17K | — | 100x |
Gate APT_USDT
GMX APT/USD [ETH-USDC]Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX against Gate. 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
- $9.01
- Price spread: −0.022% → 0.000%
- −$2.24
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- −$20.23
- Costs to cover
- 0.270%
- Break-even
- 22.7 days
Slippage unknown: Gate: 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 Gate live order book, 2 min ago | 5.67 bp | 19.6 bp −$20 | 53.6 bp −$536 | 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.
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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_APTUSD | −0.0400% | 1h | 0.7954 | +0.158% | $551K | $639K | 50x | as long as short |
| 01 Exchange APTUSD | −0.0288% | 1h | 0.7939 | −0.025% | $2K | — | 5x | as long as short |
| Variational Omni APT | −0.0061% | 8h | 0.7890 | −0.637% | $618K | $214K | — | as long as short |
| Orderly PERP_APT_USDC | −0.0014% | 8h | 0.7946 | +0.063% | $10K | $8K | 10x | as long as short |
| gTrade (Gains Network) APT/USD | L −0.0004% / S +0.0005% | 1h | 0.7948 | +0.083% | $21K | — | 150x | as long as short |
| Deribit APT_USDC-PERPETUAL | −0.0002% | 1h | 0.7945 | +0.050% | $14K | $421K | 50x | as long as short |
| Injective APT/USDC PERP | +0.0033% | 1h | 0.7780 | −2.027% | $2K | $241K | 12x | as long as short |
| Lighter APT | +0.0096% | 1h | 0.7945 | +0.050% | $435K | $353K | 10x | as long as short |
| Hyperliquid APT | +0.0100% | 1h | 0.7955 | +0.176% | $6.1M | $5.4M | 10x | as long as short |
| Aster APTUSDT | +0.0100% | 8h | 0.7947 | +0.073% | $310K | $465K | 20x | as long as short |
Kraken Futures PF_APTUSD
01 Exchange APTUSD
Variational Omni APT
Orderly PERP_APT_USDC
gTrade (Gains Network) APT/USD
Deribit APT_USDC-PERPETUAL
Injective APT/USDC PERP
Lighter APT
Hyperliquid APT
Aster APTUSDTShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance APTUSDT | +0.0100% | 8h | 0.7946 | +0.066% | $29.5M | $98.6M | 75x | as long as short |
| Bybit APTUSDT | +0.0100% | 8h | 0.7944 | +0.038% | $29.7M | $36.2M | 50x | as long as short |
| OKX APT-USDT-SWAP | +0.0100% | 8h | 0.7939 | −0.025% | $6.2M | $24.2M | 50x | as long as short |
| Gate APT_USDTlong | +0.0100% | 8h | 0.7941 | long leg | $2.8M | $4.7M | 75x | |
| MEXC APT_USDT | +0.0100% | 8h | 0.7937 | −0.050% | $28.7M | $14.6M | 200x | as long as short |
| KuCoin APTUSDTM | +0.0100% | 8h | 0.7944 | +0.038% | $5.6M | $12.2M | 50x | as long as short |
| Bitget APTUSDT | +0.0100% | 8h | 0.7943 | +0.025% | $9.0M | $12.6M | 75x | as long as short |
| BingX APT-USDC | +0.0100% | 8h | 0.7941 | 0.000% | — | $6.5M | — | as long as short |
| Backpack APT_USDC_PERP | +0.0100% | 1h | 0.7955 | +0.176% | $200K | $370K | 20x | as long as short |
| ApeX Omni APTUSDT | +0.0100% | 1h | 0.7950 | +0.113% | $66K | $569K | 50x | as long as short |
| SunX APT-USDT | +0.0100% | 8h | 0.7935 | −0.076% | $6K | $1.4M | 20x | as long as short |
| SoDEX APT-USD | +0.0100% | 1h | 0.7945 | +0.050% | $78 | $6K | 5x | as long as short |
| HTX APT-USDT | +0.0100% | 8h | 0.7947 | +0.076% | $268K | $139K | 50x | as long as short |
| Extended APT-USD | +0.0104% | 1h | 0.7938 | −0.038% | $85K | $464K | 25x | as long as short |
| Aevo APT-PERP | +0.0104% | 1h | 0.7947 | +0.073% | $25K | — | 3x | as long as short |
| GMX APT/USD [ETH-USDC]short | L +0.0190% / S −0.0143% | 1h | 0.7939 | −0.022% | $17K | — | 100x | |
| BloFin APT-USDT | +0.0220% | 8h | 0.7953 | +0.151% | $1.5M | $808K | 75x | as long as short |
| Coinbase International APT-PERP-INTX | +0.0240% | 1h | 0.7940 | −0.013% | $210K | $570K | 50x | as long as short |
| Reya APTRUSDPERP | +0.0469% | 1h | 0.7942 | +0.017% | $3K | — | 20x | as long as short |
| dYdX APT-USD | +0.1266% | 1h | 0.7950 | +0.112% | $56K | $5K | 10x | as long as short |
Binance APTUSDT
Bybit APTUSDT
OKX APT-USDT-SWAP
MEXC APT_USDT
KuCoin APTUSDTM
Bitget APTUSDT
BingX APT-USDC
Backpack APT_USDC_PERP
ApeX Omni APTUSDT
SunX APT-USDT
SoDEX APT-USD
HTX APT-USDT
Extended APT-USD
Aevo APT-PERP
BloFin APT-USDT
Coinbase International APT-PERP-INTX
Reya APTRUSDPERP
dYdX APT-USD