Funding you earn now, next payment 11:00 UTC+0.0066%/8h= +7.3% APRpaid last 24h +0.018%
Price spread now: GMX against edgeX−0.034%70s7-day average +0.011% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)+0.077%+$8 on $10k
+Price spread, last 4 days (all we have)+0.599%+$60 · spread now −0.034%, 7d avg +0.011%
=Together, before fees+0.676%+ Points / potential airdropedgeX: Active · farm board+$68 on $10k · with fees, hour by hour
Funding pays, the price is against you. GMX is 0.045% cheaper against edgeX than usual: you would sell low and buy high (spread −0.034% now, against its 7-day average of +0.011%). If the spread goes back, that is −$4 on $10k: about 2.3 days of funding at the current rate (+$2 a day). The two prices were read 70 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 | edgeX ARBUSDC | 0.2188 | 0.0100 | pay 0.0050% / 4h | 1h 51m | $40K | $464K | 20x |
| Short | GMX ARB/USD [ARB-USDC] | 0.2188 | L +0.0282% / S −0.0166% | get 0.0021% / 1h | 51m 38s | $846K | — | 150x |
edgeX ARBUSDC
GMX ARB/USD [ARB-USDC]Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX against edgeX. 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
- $13.91
- Price spread: −0.034% → +0.011%
- −$4.48
- Slippage, 4 orders
- no order book: not counted
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- −$11.57
- Costs to cover
- 0.210%
- Break-even
- 12.8 days
Slippage unknown: edgeX: live order book, 60 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 edgeX live order book, 60 min ago | 11.45 bp | 19.1 bp −$19 | 97.2 bp −$972 | 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.
ARB on 36 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Injective ARB/USDC PERP | −0.1736% | 1h | 0.2177 | −0.514% | $39K | $372K | 12x | as long as short |
| Kraken Futures PF_ARBUSD | −0.0230% | 1h | 0.2187 | −0.062% | $1.1M | $4.2M | 50x | as long as short |
| Bybit ARBUSDT | −0.0197% | 8h | 0.2183 | −0.221% | $53.8M | $122.3M | 50x | as long as short |
| SoDEX ARB-USD | −0.0165% | 1h | 0.2187 | −0.066% | $9K | $2.2M | 5x | as long as short |
| OKX ARB-USDT-SWAP | −0.0142% | 8h | 0.2183 | −0.221% | $22.7M | $142.3M | 50x | as long as short |
| MEXC ARB_USDT | −0.0141% | 8h | 0.2183 | −0.221% | $44.2M | $61.0M | 200x | as long as short |
| 01 Exchange ARBUSD | −0.0120% | 1h | 0.2186 | −0.116% | $7K | $414 | 10x | as long as short |
| Binance ARBUSDT | −0.0035% | 8h | 0.2184 | −0.208% | $63.9M | $289.1M | 75x | as long as short |
| Extended ARB-USD | −0.0032% | 1h | 0.2183 | −0.230% | $359K | $3.0M | 25x | as long as short |
| Variational Omni ARB | −0.0030% | 8h | 0.2186 | −0.098% | $1.8M | $2.6M | — | as long as short |
Injective ARB/USDC PERP
Kraken Futures PF_ARBUSD
Bybit ARBUSDT
SoDEX ARB-USD
OKX ARB-USDT-SWAP
MEXC ARB_USDT
01 Exchange ARBUSD
Binance ARBUSDT
Extended ARB-USD
Variational Omni ARBShow all 36 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_ARB_USDC | −0.0019% | 8h | 0.2186 | −0.103% | $16K | $407K | 10x | as long as short |
| dYdX ARB-USD | 0.0000% | 1h | 0.2186 | −0.087% | $64K | $3K | 10x | as long as short |
| Deribit ARB_USDC-PERPETUAL | 0.0000% | 1h | 0.2187 | −0.075% | $29K | $36K | 25x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0006% | 1h | 0.2188 | 0.000% | $73K | — | 150x | as long as short |
| Polymarket Perps ARB-USD | +0.0028% | 1h | 0.2185 | −0.153% | $73K | $1.9M | 10x | as long as short |
| Gate ARB_USDT | +0.0034% | 8h | 0.2183 | −0.235% | $5.4M | $16.3M | 60x | as long as short |
| Phemex ARBUSDT | +0.0041% | 8h | 0.2186 | −0.103% | $4.7M | $12.6M | 50x | as long as short |
| Aevo ARB-PERP | +0.0072% | 1h | 0.2187 | −0.080% | $139K | $7K | 3x | as long as short |
| BloFin ARB-USDT | +0.0086% | 8h | 0.2187 | −0.043% | $3.0M | $2.1M | 75x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2184 | −0.176% | $1.3M | $5.3M | 15x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2186 | −0.121% | $35.6M | $49.6M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2185 | −0.162% | $625K | $1.6M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2185 | −0.132% | $42K | $143K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2184 | −0.176% | $19.0M | $13.4M | 75x | as long as short |
| Bitget ARBUSDT | +0.0100% | 8h | 0.2184 | −0.194% | $20.9M | $33.5M | 50x | as long as short |
| BingX ARB-USDC | +0.0100% | 8h | 0.2183 | −0.231% | — | $6.5M | — | as long as short |
| edgeX ARBUSDClong | +0.0100% | 4h | 0.2188 | long leg | $40K | $464K | 20x | |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2188 | −0.014% | $469K | $3.3M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2186 | −0.103% | $118K | $311K | 50x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2189 | +0.034% | $1K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2186 | −0.093% | $296K | $815K | 50x | as long as short |
| Backpack ARB_USDC_PERP | +0.0130% | 1h | 0.2190 | +0.066% | $976K | $2.7M | 20x | as long as short |
| RISEx ARB/USDC | +0.0271% | 1h | 0.2186 | −0.103% | $540K | $2.4M | 10x | as long as short |
| GMX ARB/USD [ARB-USDC]short | L +0.0282% / S −0.0166% | 1h | 0.2188 | −0.034% | $846K | — | 150x | |
| Reya ARBRUSDPERP | +0.0288% | 1h | 0.2184 | −0.176% | $2K | $695 | 20x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0424% | 1h | 0.2196 | +0.336% | $524K | $1.4M | 50x | as long as short |
Orderly PERP_ARB_USDC
dYdX ARB-USD
Deribit ARB_USDC-PERPETUAL
gTrade (Gains Network) ARB/USD
Polymarket Perps ARB-USD
Gate ARB_USDT
Phemex ARBUSDT
Aevo ARB-PERP
BloFin ARB-USDT
Lighter ARB
Hyperliquid ARB
Aster ARBUSDT
Pacifica ARB
KuCoin ARBUSDTM
Bitget ARBUSDT
BingX ARB-USDC
GRVT ARB_USDT_Perp
ApeX Omni ARBUSDT
SunX ARB-USDT
HTX ARB-USDT
Backpack ARB_USDC_PERP
RISEx ARB/USDC
Reya ARBRUSDPERP
Coinbase International ARB-PERP-INTX