Funding you earn now, next payment 00:00 UTC+0.0170%/8h= +18.6% APRnext payment +$0.21 per $10,000 · paid last 24h +0.037%
Price spread now: GMX against Extended+0.243%7-day average +0.134% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)+0.094%+$9 on $10k
+Price spread, last 3 days (all we have)+0.186%+$19 · spread now +0.243%, 7d avg +0.134%
=Together, before fees+0.280%+ Points / potential airdropExtended: Active · farm board+$28 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and GMX is 0.109% dearer against Extended than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of +0.134%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended ARB-USD | 0.2263 | 0.0016 | pay 0.0002% / 1h | 21m 46s | $361K | $2.3M | 25x |
| Short | GMX ARB/USD [ARB-USDC] | 0.2269 | L +0.0296% / S −0.0186% | get 0.0023% / 1h | 21m 46s | $927K | — | 150x |
Extended ARB-USD
GMX ARB/USD [ARB-USDC]Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX against Extended. 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
- $35.64
- Price spread: +0.243% → +0.134%
- $10.94
- Slippage, 4 orders
- no order book: not counted
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- $29.58
- Costs to cover
- 0.170%
- Break-even
- 1.2 days
Slippage unknown: Extended: 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 Extended live order book, 2 min ago | 8.89 bp | 11.4 bp −$11 | 68.8 bp −$688 | 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 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective ARB/USDC PERP | −0.1785% | 1h | 0.2249 | −0.638% | $41K | $372K | 12x | as long as short |
| Polymarket Perps ARB-USD | −0.0263% | 1h | 0.2266 | +0.136% | $70K | $2.0M | 10x | as long as short |
| Variational Omni ARB | −0.0183% | 8h | 0.2274 | +0.458% | $2.0M | $2.8M | — | as long as short |
| 01 Exchange ARBUSD | −0.0176% | 1h | 0.2267 | +0.158% | $7K | $2K | 10x | as long as short |
| Bybit ARBUSDT | −0.0160% | 8h | 0.2264 | +0.007% | $58.4M | $128.4M | 50x | as long as short |
| MEXC ARB_USDT | −0.0109% | 8h | 0.2265 | +0.069% | $38.0M | $59.9M | 200x | as long as short |
| OKX ARB-USDT-SWAP | −0.0108% | 8h | 0.2264 | +0.030% | $22.9M | $159.7M | 50x | as long as short |
| SoDEX ARB-USD | −0.0068% | 1h | 0.2267 | +0.144% | $4K | $2.6M | 5x | as long as short |
| Orderly PERP_ARB_USDC | −0.0038% | 8h | 0.2267 | +0.158% | $13K | $395K | 10x | as long as short |
| dYdX ARB-USD | 0.0000% | 1h | 0.2266 | +0.091% | $67K | $4K | 10x | as long as short |
Injective ARB/USDC PERP
Polymarket Perps ARB-USD
Variational Omni ARB
01 Exchange ARBUSD
Bybit ARBUSDT
MEXC ARB_USDT
OKX ARB-USDT-SWAP
SoDEX ARB-USD
Orderly PERP_ARB_USDC
dYdX ARB-USDShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit ARB_USDC-PERPETUAL | 0.0000% | 1h | 0.2268 | +0.220% | $26K | $32K | 25x | as long as short |
| Gate ARB_USDT | +0.0003% | 8h | 0.2265 | +0.060% | $5.5M | $20.3M | 60x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0005% | 1h | 0.2269 | +0.232% | $55K | — | 150x | as long as short |
| Binance ARBUSDT | +0.0014% | 8h | 0.2264 | +0.039% | $66.4M | $313.8M | 75x | as long as short |
| Extended ARB-USDlong | +0.0016% | 1h | 0.2263 | long leg | $361K | $2.3M | 25x | |
| BloFin ARB-USDT | +0.0058% | 8h | 0.2262 | −0.072% | $3.2M | $2.8M | 75x | as long as short |
| Bitget ARBUSDT | +0.0062% | 8h | 0.2263 | −0.019% | $21.4M | $36.0M | 50x | as long as short |
| BingX ARB-USDC | +0.0066% | 8h | 0.2265 | +0.047% | — | $6.5M | — | as long as short |
| Aevo ARB-PERP | +0.0088% | 1h | 0.2269 | +0.251% | $148K | $12K | 3x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2269 | +0.228% | $1.4M | $7.5M | 15x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2266 | +0.131% | $40.8M | $47.5M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2267 | +0.140% | $706K | $1.6M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2265 | +0.085% | $48K | $184K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2266 | +0.105% | $19.7M | $16.1M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2268 | +0.186% | $40K | $461K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2274 | +0.467% | $486K | $3.6M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2267 | +0.158% | $122K | $296K | 50x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2271 | +0.334% | $2K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2267 | +0.144% | $294K | $1.1M | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2266 | +0.113% | $5.2M | $13.1M | 50x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0216% | 1h | 0.2267 | +0.158% | $512K | $2.3M | 50x | as long as short |
| Kraken Futures PF_ARBUSD | +0.0236% | 1h | 0.2270 | +0.270% | $1.1M | $4.9M | 50x | as long as short |
| Reya ARBRUSDPERP | +0.0290% | 1h | 0.2266 | +0.123% | $2K | $695 | 20x | as long as short |
| GMX ARB/USD [ARB-USDC]short | L +0.0296% / S −0.0186% | 1h | 0.2269 | +0.243% | $927K | — | 150x | |
| RISEx ARB/USDC | +0.0330% | 1h | 0.2269 | +0.255% | $515K | $2.7M | 10x | as long as short |
| Backpack ARB_USDC_PERP | +0.0475% | 1h | 0.2270 | +0.303% | $1.0M | $2.9M | 20x | as long as short |
Deribit ARB_USDC-PERPETUAL
Gate ARB_USDT
gTrade (Gains Network) ARB/USD
Binance ARBUSDT
BloFin ARB-USDT
Bitget ARBUSDT
BingX ARB-USDC
Aevo ARB-PERP
Lighter ARB
Hyperliquid ARB
Aster ARBUSDT
Pacifica ARB
KuCoin ARBUSDTM
edgeX ARBUSDC
GRVT ARB_USDT_Perp
ApeX Omni ARBUSDT
SunX ARB-USDT
HTX ARB-USDT
Phemex ARBUSDT
Coinbase International ARB-PERP-INTX
Kraken Futures PF_ARBUSD
Reya ARBRUSDPERP
RISEx ARB/USDC
Backpack ARB_USDC_PERP