Funding you earn now, next payment 23:00 UTC+0.0319%/8h= +35.0% APRpaid last 24h +0.296%
Price spread now: GMX against Bybit−0.031%7-day average +0.029% · 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)+37.203%+$3,720 on $10k
+Price spread, last 3 days (all we have)−0.072%−$7 · spread now −0.031%, 7d avg +0.029%
=Funding pays, the price is against you. GMX is 0.060% cheaper against Bybit than usual: you would sell low and buy high (spread −0.031% now, against its 7-day average of +0.029%). If the spread goes back, that is −$6 on $10k: about 15 hours of funding at the current rate (+$10 a day). At the pace of the last 3 days (+37.203% in total) that is about under an hour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit DASHUSDT | 58.820 | 0.0100 | pay 0.0100% / 8h | 1h 26m | $10.3M | $18.4M | 75x |
| Short | GMX DASH/USD [WBTC.b-USDC] | 58.802 | L +0.0478% / S −0.0419% | get 0.0052% / 1h | 26m 54s | $125K | — | 50x |
Bybit DASHUSDT
GMX DASH/USD [WBTC.b-USDC]Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX against Bybit. 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
- $67.04
- Price spread: −0.031% → +0.029%
- −$5.97
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- $38.06
- Costs to cover
- 0.230%
- Break-even
- 3.0 days
Slippage unknown: Bybit: live order book, 2 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 Bybit live order book, 2 min ago | 1.70 bp | 10.2 bp −$10 | 21.1 bp −$211 | 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.
DASH on 22 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin DASHUSDTM | −0.0039% | 8h | 58.820 | 0.000% | $8.0M | $3.9M | 30x | as long as short |
| Injective DASH/USDC PERP | −0.0017% | 1h | 58.850 | +0.051% | $7 | $134K | 5.5x | as long as short |
| Deribit DASH_USDC-PERPETUAL | 0.0000% | 1h | 58.840 | +0.034% | $235 | $2K | 50x | as long as short |
| OKX DASH-USDT-SWAP | +0.0077% | 4h | 58.790 | −0.051% | $5.2M | $27.2M | 50x | as long as short |
| Lighter DASH | +0.0096% | 1h | 58.874 | +0.092% | $117K | $99K | 10x | as long as short |
| Aster DASHUSDT | +0.0100% | 8h | 58.853 | +0.056% | $126K | $352K | 20x | as long as short |
| Binance DASHUSDT | +0.0100% | 8h | 58.827 | +0.011% | $27.8M | $85.9M | 75x | as long as short |
| Bybit DASHUSDTlong | +0.0100% | 8h | 58.820 | long leg | $10.3M | $18.4M | 75x | |
| Gate DASH_USDT | +0.0100% | 8h | 58.820 | 0.000% | $1.8M | $2.5M | 50x | as long as short |
| MEXC DASH_USDT | +0.0100% | 8h | 58.810 | −0.017% | $20.6M | $10.0M | 100x | as long as short |
KuCoin DASHUSDTM
Injective DASH/USDC PERP
Deribit DASH_USDC-PERPETUAL
OKX DASH-USDT-SWAP
Lighter DASH
Aster DASHUSDT
Binance DASHUSDT
Gate DASH_USDT
MEXC DASH_USDTShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget DASHUSDT | +0.0100% | 8h | 58.820 | 0.000% | $6.4M | $2.8M | 50x | as long as short |
| BingX DASH-USDT | +0.0100% | 8h | 58.820 | 0.000% | — | $6.1M | — | as long as short |
| Variational Omni DASH | +0.0100% | 8h | 58.763 | −0.097% | $314K | $273K | — | as long as short |
| SunX DASH-USDT | +0.0100% | 8h | 58.830 | +0.017% | $24K | $1.2M | 20x | as long as short |
| SoDEX DASH-USD | +0.0100% | 1h | 58.840 | +0.034% | $270K | $4K | 5x | as long as short |
| HTX DASH-USDT | +0.0100% | 8h | 58.910 | +0.153% | $124K | $201K | 30x | as long as short |
| Extended DASH-USD | +0.0104% | 1h | 58.816 | −0.007% | $10K | $207K | 10x | as long as short |
| BloFin DASH-USDT | +0.0119% | 8h | 58.870 | +0.085% | $2.7M | $1.3M | 75x | as long as short |
| Kraken Futures PF_DASHUSD | +0.0239% | 1h | 58.907 | +0.147% | $711K | $2.7M | 25x | as long as short |
| Coinbase International DASH-PERP-INTX | +0.0248% | 1h | 58.910 | +0.153% | $98K | $219K | 25x | as long as short |
| GMX DASH/USD [WBTC.b-USDC]short | L +0.0478% / S −0.0419% | 1h | 58.802 | −0.031% | $125K | — | 50x | |
| Hyperliquid DASH | +0.0516% | 1h | 58.900 | +0.136% | $4.4M | $2.4M | 5x | as long as short |
Bitget DASHUSDT
BingX DASH-USDT
Variational Omni DASH
SunX DASH-USDT
SoDEX DASH-USD
HTX DASH-USDT
Extended DASH-USD
BloFin DASH-USDT
Kraken Futures PF_DASHUSD
Coinbase International DASH-PERP-INTX
Hyperliquid DASH