Funding you earn now, next payment 09:00 UTC−0.0213%/8h= −23.3% APRpaid last 24h +0.306%
Price spread now: Bybit against GMX−0.384%191s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 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 −$6 a day on $10k at the current rate, and Bybit is 0.384% cheaper against GMX than usual: you would sell low and buy high (−$38 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 191 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 CHZ/USD [ETH-USDC] | 0.01588 | L +0.0313% / S −0.0119% | pay 0.0039% / 1h | 58m 12s | $6K | — | 50x |
| Short | Bybit CHZUSDT | 0.01582 | 0.0100 | get 0.0100% / 8h | 6h 58m | $4.1M | $1.3M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- −$44.74
- Price spread: −0.384% → 0.000%
- −$38.41
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$106.15
- Costs to cover
- 0.230%
- Break-even
- never at this rate
Slippage unknown: GMX: no order-book sample; Bybit: live order book, 4 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 Bybit live order book, 4 min ago | 6.31 bp | 32.7 bp −$33 | 143.0 bp −$1,430 | 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.
CHZ 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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX CHZ-USD | 0.0000% | 1h | 0.01587 | −0.077% | $3K | $653 | 5x | as long as short |
| Injective CHZ/USDC PERP | +0.0033% | 1h | 0.01574 | −0.888% | $1K | $7 | 5.5x | as long as short |
| Aster CHZUSDT | +0.0100% | 8h | 0.01587 | −0.088% | $20K | $24K | 10x | as long as short |
| Binance CHZUSDT | +0.0100% | 8h | 0.01586 | −0.117% | $6.8M | $12.2M | 75x | as long as short |
| Bybit CHZUSDTshort | +0.0100% | 8h | 0.01582 | −0.384% | $4.1M | $1.3M | 75x | |
| OKX CHZ-USDT-SWAP | +0.0100% | 8h | 0.01585 | −0.195% | $1.6M | $2.9M | 50x | as long as short |
| Gate CHZ_USDT | +0.0100% | 8h | 0.01587 | −0.069% | $322K | $221K | 50x | as long as short |
| MEXC CHZ_USDT | +0.0100% | 8h | 0.01587 | −0.069% | $4.6M | $1.0M | 200x | as long as short |
| KuCoin CHZUSDTM | +0.0100% | 8h | 0.01585 | −0.195% | $762K | $169K | 50x | as long as short |
| Bitget CHZUSDT | +0.0100% | 8h | 0.01587 | −0.069% | $3.8M | $730K | 75x | as long as short |
Show all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX CHZ-USDT | +0.0100% | 8h | 0.01586 | −0.132% | — | $2.4M | — | as long as short |
| Variational Omni CHZ | +0.0100% | 8h | 0.01584 | −0.245% | $3K | $5K | — | as long as short |
| ApeX Omni CHZUSDT | +0.0100% | 1h | 0.01587 | −0.069% | $46K | $673K | 50x | as long as short |
| SoDEX CHZ-USD | +0.0100% | 1h | 0.01586 | −0.132% | $306 | $6K | 5x | as long as short |
| HTX CHZ-USDT | +0.0100% | 8h | 0.01584 | −0.258% | $52K | $47K | 20x | as long as short |
| Extended CHZ-USD | +0.0104% | 1h | 0.01586 | −0.136% | $3K | $282K | 10x | as long as short |
| BloFin CHZ-USDT | +0.0125% | 8h | 0.01590 | +0.120% | $329K | $25K | 75x | as long as short |
| Kraken Futures PF_CHZUSD | +0.0299% | 1h | 0.01585 | −0.166% | $70K | $71K | 25x | as long as short |
| GMX CHZ/USD [ETH-USDC]long | L +0.0313% / S −0.0119% | 1h | 0.01588 | long leg | $6K | — | 50x |
GMX CHZ/USD [ETH-USDC]
Bybit CHZUSDT
Injective CHZ/USDC PERP
Aster CHZUSDT
Binance CHZUSDT
OKX CHZ-USDT-SWAP
Gate CHZ_USDT
MEXC CHZ_USDT
KuCoin CHZUSDTM
Bitget CHZUSDT
BingX CHZ-USDT
Variational Omni CHZ
ApeX Omni CHZUSDT
SoDEX CHZ-USD
HTX CHZ-USDT
Extended CHZ-USD
BloFin CHZ-USDT
Kraken Futures PF_CHZUSD