Funding you earn now, next payment 06:00 UTC+0.0155%/8h= +16.9% APRnext payment +$0.19 per $10,000 · paid last 24h +0.043%
Price spread now: GMX against gTrade (Gains Network)−0.014%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
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$5 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | gTrade (Gains Network) ARB/USD | 0.2225 | L +0.0005% / S −0.0009% | pay 0.0001% / 1h | 1m 45s | $44K | — | 150x |
| Short | GMX ARB/USD [ARB-USDC] | 0.2225 | L +0.0277% / S −0.0159% | get 0.0020% / 1h | 1m 45s | $842K | — | 150x |
gTrade (Gains Network) ARB/USD
GMX ARB/USD [ARB-USDC]Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX against gTrade (Gains Network). 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
- $32.49
- Price spread: −0.014% → 0.000%
- −$1.44
- Slippage, 4 orders
- no order book: not counted
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- $9.05
- Costs to cover
- 0.220%
- Break-even
- 5.1 days
Slippage unknown: gTrade (Gains Network): 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 gTrade (Gains Network) no order-book sample | — | — | — | — | — |
| Sell GMX no order-book sample | — | — | — | — | — |
gTrade (Gains Network) 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.
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 | −0.1581% | 1h | 0.2213 | −0.539% | $40K | $372K | 12x | as long as short |
| 01 Exchange ARBUSD | −0.0128% | 1h | 0.2225 | −0.009% | $7K | $236 | 10x | as long as short |
| Polymarket Perps ARB-USD | −0.0100% | 1h | 0.2223 | −0.103% | $76K | $2.1M | 10x | as long as short |
| Variational Omni ARB | −0.0083% | 8h | 0.2224 | −0.047% | $1.8M | $3.0M | — | as long as short |
| Kraken Futures PF_ARBUSD | −0.0073% | 1h | 0.2226 | +0.051% | $1.1M | $4.5M | 50x | as long as short |
| OKX ARB-USDT-SWAP | −0.0063% | 8h | 0.2227 | +0.072% | $22.2M | $147.3M | 50x | as long as short |
| MEXC ARB_USDT | −0.0062% | 8h | 0.2226 | +0.054% | $41.7M | $62.1M | 200x | as long as short |
| Bybit ARBUSDT | −0.0045% | 8h | 0.2226 | +0.049% | $54.8M | $126.3M | 50x | as long as short |
| Orderly PERP_ARB_USDC | −0.0044% | 8h | 0.2224 | −0.045% | $12K | $406K | 10x | as long as short |
| Deribit ARB_USDC-PERPETUAL | −0.0020% | 1h | 0.2225 | +0.018% | $28K | $38K | 25x | as long as short |
Injective ARB/USDC PERP
01 Exchange ARBUSD
Polymarket Perps ARB-USD
Variational Omni ARB
Kraken Futures PF_ARBUSD
OKX ARB-USDT-SWAP
MEXC ARB_USDT
Bybit ARBUSDT
Orderly PERP_ARB_USDC
Deribit ARB_USDC-PERPETUALShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| dYdX ARB-USD | 0.0000% | 1h | 0.2228 | +0.120% | $66K | $5K | 10x | as long as short |
| gTrade (Gains Network) ARB/USDlong | L +0.0005% / S −0.0009% | 1h | 0.2225 | long leg | $44K | — | 150x | |
| Bitget ARBUSDT | +0.0056% | 8h | 0.2228 | +0.135% | $21.4M | $34.8M | 50x | as long as short |
| Gate ARB_USDT | +0.0077% | 8h | 0.2229 | +0.166% | $5.5M | $18.4M | 60x | as long as short |
| RISEx ARB/USDC | +0.0086% | 1h | 0.2225 | −0.022% | $483K | $2.6M | 10x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2227 | +0.103% | $1.3M | $5.5M | 15x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2231 | +0.279% | $37.7M | $49.4M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2227 | +0.095% | $639K | $1.7M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2227 | +0.099% | $43K | $150K | 10x | as long as short |
| Binance ARBUSDT | +0.0100% | 8h | 0.2227 | +0.073% | $63.6M | $301.2M | 75x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2227 | +0.094% | $19.8M | $14.4M | 75x | as long as short |
| BingX ARB-USDT | +0.0100% | 8h | 0.2229 | +0.171% | — | $53.5M | — | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2221 | −0.157% | $39K | $464K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2221 | −0.181% | $484K | $3.6M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2222 | −0.135% | $120K | $281K | 50x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2225 | 0.000% | $2K | $1.1M | 30x | as long as short |
| SoDEX ARB-USD | +0.0100% | 1h | 0.2225 | −0.022% | $9K | $2.2M | 5x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2227 | +0.085% | $297K | $884K | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2228 | +0.135% | $5.0M | $12.8M | 50x | as long as short |
| Extended ARB-USD | +0.0104% | 1h | 0.2227 | +0.108% | $354K | $2.8M | 25x | as long as short |
| Aevo ARB-PERP | +0.0104% | 1h | 0.2226 | +0.027% | $141K | $7K | 3x | as long as short |
| BloFin ARB-USDT | +0.0220% | 8h | 0.2221 | −0.166% | $3.0M | $2.4M | 75x | as long as short |
| GMX ARB/USD [ARB-USDC]short | L +0.0277% / S −0.0159% | 1h | 0.2225 | −0.014% | $842K | — | 150x | |
| Coinbase International ARB-PERP-INTX | +0.0288% | 1h | 0.2230 | +0.225% | $517K | $1.6M | 50x | as long as short |
| Reya ARBRUSDPERP | +0.0289% | 1h | 0.2223 | −0.109% | $2K | $695 | 20x | as long as short |
| Backpack ARB_USDC_PERP | +0.0737% | 1h | 0.2232 | +0.306% | $1.0M | $2.8M | 20x | as long as short |
dYdX ARB-USD
Bitget ARBUSDT
Gate ARB_USDT
RISEx ARB/USDC
Lighter ARB
Hyperliquid ARB
Aster ARBUSDT
Pacifica ARB
Binance ARBUSDT
KuCoin ARBUSDTM
BingX ARB-USDT
edgeX ARBUSDC
GRVT ARB_USDT_Perp
ApeX Omni ARBUSDT
SunX ARB-USDT
SoDEX ARB-USD
HTX ARB-USDT
Phemex ARBUSDT
Extended ARB-USD
Aevo ARB-PERP
BloFin ARB-USDT
Coinbase International ARB-PERP-INTX
Reya ARBRUSDPERP
Backpack ARB_USDC_PERP