Funding you earn now, next payment 02:00 UTC−0.0099%/8h= −10.8% APRpaid last 24h −0.038%
Price spread now: GMX against BloFin−0.240%171s7-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
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and GMX is 0.240% cheaper against BloFin than usual: you would sell low and buy high (−$24 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 171 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 | BloFin CC-USDT | 0.1174 | 0.0340 | pay 0.0170% / 4h | 2h 45m | $599K | $101K | 75x |
| Short | GMX CC/USD [WBTC.b-USDC] | 0.1171 | L +0.0447% / S −0.0241% | get 0.0030% / 1h | 45m 44s | $44K | — | 50x |
BloFin CC-USDT
GMX CC/USD [WBTC.b-USDC]Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX against BloFin. 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
- −$20.7
- Price spread: −0.240% → 0.000%
- −$24.01
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- −$68.71
- Costs to cover
- 0.240%
- Break-even
- never at this rate
Slippage unknown: BloFin: live order book, 21 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 BloFin live order book, 21 min ago | 0.84 bp | 18.3 bp −$18 | 45.9 bp −$459 | 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.
CC on 19 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 CC/USDC PERP | −0.3556% | 1h | 0.1159 | −1.303% | $6K | $97 | 5.5x | as long as short |
| Bybit CCUSDT | −0.0414% | 4h | 0.1170 | −0.392% | $10.6M | $3.9M | 25x | as long as short |
| MEXC CC_USDT | −0.0412% | 4h | 0.1170 | −0.392% | $1.6M | $313K | 100x | as long as short |
| Paradex CC-USD-PERP | +0.0082% | 8h | 0.1172 | −0.213% | $1K | — | 5x | as long as short |
| Hyperliquid CC | +0.0100% | 1h | 0.1172 | −0.238% | $5.5M | $1.4M | 3x | as long as short |
| Aster CCUSDT | +0.0100% | 4h | 0.1172 | −0.180% | $35K | $39K | 20x | as long as short |
| Binance CCUSDT | +0.0100% | 4h | 0.1169 | −0.409% | $11.0M | $12.0M | 75x | as long as short |
| OKX CC-USDT-SWAP | +0.0100% | 4h | 0.1170 | −0.366% | $2.5M | $3.6M | 20x | as long as short |
| Gate CC_USDT | +0.0100% | 4h | 0.1170 | −0.400% | $364K | $216K | 50x | as long as short |
| KuCoin CCUSDTM | +0.0100% | 4h | 0.1171 | −0.307% | $497K | $121K | 50x | as long as short |
Injective CC/USDC PERP
Bybit CCUSDT
MEXC CC_USDT
Paradex CC-USD-PERP
Hyperliquid CC
Aster CCUSDT
Binance CCUSDT
OKX CC-USDT-SWAP
Gate CC_USDT
KuCoin CCUSDTMShow all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget CCUSDT | +0.0100% | 4h | 0.1170 | −0.392% | $927K | $804K | 20x | as long as short |
| BingX CC-USDT | +0.0100% | 4h | 0.1170 | −0.400% | — | $6.6M | — | as long as short |
| Backpack CC_USDC_PERP | +0.0100% | 1h | 0.1169 | −0.409% | $15K | $22K | 10x | as long as short |
| Variational Omni CC | +0.0100% | 4h | 0.1171 | −0.250% | $597K | $55K | — | as long as short |
| GRVT CC_USDT_Perp | +0.0100% | 4h | 0.1172 | −0.170% | $81K | $2.3M | 10x | as long as short |
| Derive CC-PERP | +0.0100% | 1h | 0.1170 | −0.393% | $6K | $36K | 6.7x | as long as short |
| BloFin CC-USDTlong | +0.0340% | 4h | 0.1174 | long leg | $599K | $101K | 75x | |
| Lighter CC | +0.0440% | 1h | 0.1174 | −0.017% | $232K | $150K | 5x | as long as short |
| GMX CC/USD [WBTC.b-USDC]short | L +0.0447% / S −0.0241% | 1h | 0.1171 | −0.240% | $44K | — | 50x |
Bitget CCUSDT
BingX CC-USDT
Backpack CC_USDC_PERP
Variational Omni CC
GRVT CC_USDT_Perp
Derive CC-PERP
Lighter CC