Spread before costs (cost unknown: a leg has no order-book sample)+0.374%
7d average−0.175%if it closes, per $10,000$37funding while held, a day+$6.46
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX AR/USD [WBTC.b-USDC] | 4.4136 | L −0.0138% / S +0.0551% | get 0.0017% / 1h | 41m 31s | $572K | — | 50x |
| Short | Variational Omni AR | 4.4301 | 0.0077 | get 0.0077% / 8h | 5h 41m | $133K | $177K | — |
GMX AR/USD [WBTC.b-USDC]
Variational Omni ARPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- $37.42
- Funding while held
- $6.46
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- $31.88
- Spread needed to break even
- 0.120%
Slippage unknown: GMX: no order-book sample; Variational Omni: RFQ quote, 59 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0215%
- Per $10,000 a day
- +$6.46
- Average in range /8h
- —
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 GMX no order-book sample | — | — | — | — | — |
| Sell Variational Omni RFQ quote, 59 min ago | 3.84 bp | doesn't fit | 173.4 bp −$1,734 | doesn't fit | doesn'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.
AR price on every exchange
against the cheapest. Click to use as the short leg.Bitget4.3950cheapestOKX4.3960+0.023%BingX4.3960+0.023%Bybit4.3970+0.046%Extended4.3976+0.058%Binance4.3980+0.068%Gate4.3980+0.068%MEXC4.3980+0.068%Hyperliquid4.4017+0.152%KuCoin4.4020+0.159%Aster4.4048+0.224%Kraken Futures4.4106+0.356%
Bitget
OKX
BingX
Bybit
Extended
Binance
Gate
MEXC
Hyperliquid
KuCoin
Aster
Kraken FuturesGMX4.4136+0.423%
BloFin4.4270+0.728%
BloFinVariational Omni4.4301+0.799%
ApeX Omni4.4310+0.819%Injective4.5720+4.027%
ApeX Omni
InjectiveAR on 17 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bitget ARUSDT | −0.421% | +0.0100% | 8h | $3.8M | $6.7M | 75x | as long as short |
| OKX AR-USDT-SWAP | −0.399% | +0.0100% | 8h | $2.2M | $24.1M | 20x | as long as short |
| BingX AR-USDT | −0.399% | +0.0100% | 8h | — | $2.9M | — | as long as short |
| Bybit ARUSDT | −0.376% | +0.0100% | 8h | $4.5M | $10.0M | 75x | as long as short |
| Extended AR-USD | −0.363% | +0.0080% | 1h | $36K | $237K | 10x | as long as short |
| Binance ARUSDT | −0.353% | +0.0080% | 8h | $8.7M | $64.8M | 75x | as long as short |
| Gate AR_USDT | −0.353% | +0.0100% | 8h | $2.5M | $2.7M | 50x | as long as short |
| MEXC AR_USDT | −0.353% | +0.0080% | 8h | $6.5M | $6.2M | 100x | as long as short |
| Hyperliquid AR | −0.269% | +0.0100% | 1h | $3.5M | $5.5M | 5x | as long as short |
| KuCoin ARUSDTM | −0.263% | +0.0100% | 8h | $1.4M | $1.3M | 50x | as long as short |
Show all 17 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Aster ARUSDT | −0.198% | +0.0100% | 8h | $33K | $785K | 10x | as long as short |
| Kraken Futures PF_ARUSD | −0.067% | −0.1901% | 1h | $50K | $187K | 20x | as long as short |
| GMX AR/USD [WBTC.b-USDC]long | 0.000% | L −0.0138% / S +0.0551% | 1h | $572K | — | 50x | |
| BloFin AR-USDT | +0.304% | +0.0201% | 8h | $426K | $799K | 20x | as long as short |
| Variational Omni ARshort | +0.374% | +0.0077% | 8h | $133K | $177K | — | |
| ApeX Omni ARUSDT | +0.394% | +0.0100% | 1h | $58K | $749K | 50x | as long as short |
| Injective AR/USDC PERP | +3.589% | +0.0033% | 1h | $3K | $475 | 5.5x | as long as short |