Funding you earn now, next payment 03:00 UTC−0.0108%/8h= −11.9% APRpaid last 24h −0.019%
Price spread now: BloFin against GMX−0.025%51s7-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 BloFin is 0.025% cheaper against GMX than usual: you would sell low and buy high (−$2 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 51 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 | GMX CC/USD [WBTC.b-USDC] | 0.1176 | L +0.0448% / S −0.0241% | pay 0.0056% / 1h | 8m 28s | $44K | — | 50x |
| Short | BloFin CC-USDT | 0.1176 | 0.0340 | get 0.0170% / 4h | 1h 08m | $594K | $99K | 75x |
GMX CC/USD [WBTC.b-USDC]
BloFin CC-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against GMX. 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
- −$22.77
- Price spread: −0.025% → 0.000%
- −$2.47
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$49.24
- Costs to cover
- 0.240%
- Break-even
- never at this rate
Slippage unknown: GMX: no order-book sample; BloFin: live order book, 33 min ago. 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 GMX no order-book sample | — | — | — | — | — |
| Sell BloFin live order book, 33 min ago | 3.42 bp | 18.1 bp −$18 | 50.3 bp −$503 | 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.
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 | −0.4093% | 1h | 0.1180 | +0.315% | $402 | $3K | 5.5x | as long as short |
| MEXC CC_USDT | −0.0108% | 4h | 0.1175 | −0.118% | $1.7M | $324K | 100x | as long as short |
| Bybit CCUSDT | −0.0097% | 4h | 0.1175 | −0.093% | $10.7M | $3.9M | 25x | as long as short |
| Paradex CC-USD-PERP | +0.0098% | 8h | 0.1175 | −0.098% | $1K | — | 5x | as long as short |
| Aster CCUSDT | +0.0100% | 4h | 0.1175 | −0.135% | $35K | $32K | 20x | as long as short |
| Binance CCUSDT | +0.0100% | 4h | 0.1176 | −0.059% | $11.1M | $12.1M | 75x | as long as short |
| OKX CC-USDT-SWAP | +0.0100% | 4h | 0.1176 | −0.008% | $2.6M | $3.4M | 20x | as long as short |
| Gate CC_USDT | +0.0100% | 4h | 0.1176 | −0.008% | $364K | $218K | 50x | as long as short |
| KuCoin CCUSDTM | +0.0100% | 4h | 0.1176 | +0.001% | $485K | $122K | 50x | as long as short |
| Bitget CCUSDT | +0.0100% | 4h | 0.1175 | −0.135% | $920K | $787K | 20x | as long as short |
Injective CC/USDC PERP
MEXC CC_USDT
Bybit CCUSDT
Paradex CC-USD-PERP
Aster CCUSDT
Binance CCUSDT
OKX CC-USDT-SWAP
Gate CC_USDT
KuCoin CCUSDTM
Bitget CCUSDTShow all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX CC-USDT | +0.0100% | 4h | 0.1176 | −0.033% | — | $6.6M | — | as long as short |
| Backpack CC_USDC_PERP | +0.0100% | 1h | 0.1176 | −0.042% | $15K | $22K | 10x | as long as short |
| Variational Omni CC | +0.0100% | 4h | 0.1175 | −0.112% | $598K | $55K | — | as long as short |
| GRVT CC_USDT_Perp | +0.0100% | 4h | 0.1176 | −0.030% | $80K | $2.4M | 10x | as long as short |
| Derive CC-PERP | +0.0100% | 1h | 0.1175 | −0.072% | $6K | $36K | 6.7x | as long as short |
| Hyperliquid CC | +0.0266% | 1h | 0.1177 | +0.103% | $5.5M | $1.4M | 3x | as long as short |
| BloFin CC-USDTshort | +0.0340% | 4h | 0.1176 | −0.025% | $594K | $99K | 75x | |
| GMX CC/USD [WBTC.b-USDC]long | L +0.0448% / S −0.0241% | 1h | 0.1176 | long leg | $44K | — | 50x | |
| Lighter CC | +0.1032% | 1h | 0.1181 | +0.409% | $244K | $160K | 5x | as long as short |
BingX CC-USDT
Backpack CC_USDC_PERP
Variational Omni CC
GRVT CC_USDT_Perp
Derive CC-PERP
Hyperliquid CC
Lighter CC