CC

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0341%/8h= −37.4% APRnext payment −$0.43 per $10,000 · paid last 24h −0.095%

Price spread now: Derive against GMX−0.182%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on GMX Short on Derive

What this pair did over the last

the charts below follow

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 −$10 a day on $10k at the current rate, and Derive is 0.182% cheaper against GMX than usual: you would sell low and buy high (−$18 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GMX CC/USD [WBTC.b-USDC]	0.1161	L +0.0441% / S −0.0239%	pay 0.0055% / 1h	28m 02s	$43K	—	50x
Short	Derive CC-PERP	0.1159	0.0100	get 0.0013% / 1h	28m 02s	$7K	$35K	6.7x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Derive against GMX. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee GMXbpFee DerivebpOrdersPrice spread, now −0.182%Rate

Funding earned: −$71.68
Price spread: −0.182% → 0.000%: −$18.19
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee Derive: 3 bp × 2 orders: −$6
Net: −$107.86
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: GMX: no order-book sample; Derive: 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 GMX no order-book sample	—	—	—	—	—
Sell Derive no order-book sample	—	—	—	—	—

GMX and Derive: 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	−0.3951%	1h	0.1147	−1.185%	$6K	$99	5.5x	as long as short
Gate CC_USDT	+0.0066%	4h	0.1159	−0.186%	$359K	$212K	50x	as long as short
Paradex CC-USD-PERP	+0.0091%	8h	0.1161	+0.040%	$1K	—	5x	as long as short
Hyperliquid CC	+0.0100%	1h	0.1162	+0.079%	$5.4M	$1.4M	3x	as long as short
Aster CCUSDT	+0.0100%	4h	0.1160	−0.068%	$34K	$39K	20x	as long as short
Binance CCUSDT	+0.0100%	4h	0.1159	−0.134%	$10.9M	$11.1M	75x	as long as short
Bybit CCUSDT	+0.0100%	4h	0.1159	−0.177%	$10.5M	$3.8M	25x	as long as short
OKX CC-USDT-SWAP	+0.0100%	4h	0.1160	−0.091%	$2.5M	$3.4M	20x	as long as short
MEXC CC_USDT	+0.0100%	4h	0.1160	−0.065%	$1.6M	$309K	100x	as long as short
KuCoin CCUSDTM	+0.0100%	4h	0.1161	−0.022%	$491K	$115K	50x	as long as short

Show all 19 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget CCUSDT	+0.0100%	4h	0.1158	−0.221%	$925K	$788K	20x	as long as short
BingX CC-USDT	+0.0100%	4h	0.1158	−0.203%	—	$6.6M	—	as long as short
Backpack CC_USDC_PERP	+0.0100%	1h	0.1159	−0.117%	$16K	$22K	10x	as long as short
Variational Omni CC	+0.0100%	4h	0.1159	−0.112%	$577K	$43K	—	as long as short
GRVT CC_USDT_Perp	+0.0100%	4h	0.1160	−0.046%	$87K	$2.3M	10x	as long as short
Derive CC-PERPshort	+0.0100%	1h	0.1159	−0.182%	$7K	$35K	6.7x
BloFin CC-USDT	+0.0340%	4h	0.1160	−0.091%	$581K	$105K	75x	as long as short
GMX CC/USD [WBTC.b-USDC]long	L +0.0441% / S −0.0239%	1h	0.1161	long leg	$43K	—	50x
Lighter CC	+0.1240%	1h	0.1164	+0.288%	$233K	$152K	5x	as long as short