Funding you earn now, next payment 08:00 UTC+0.0426%/8h= +46.6% APRpaid last 24h +0.114%
Price spread now: GMX against Binance−0.139%50s7-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
Funding pays, the price is against you. GMX is 0.139% cheaper against Binance than usual: you would sell low and buy high (spread −0.139% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$14 on $10k: about 26 hours of funding at the current rate (+$13 a day). The two prices were read 50 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 | Binance DYDXUSDT | 0.1343 | 0.0100 | pay 0.0100% / 8h | 20m 36s | $5.2M | $7.9M | 75x |
| Short | GMX DYDX/USD [WBTC.b-USDC] | 0.1341 | L +0.0187% / S −0.0526% | get 0.0066% / 1h | 20m 36s | $910 | — | 100x |
Binance DYDXUSDT
GMX DYDX/USD [WBTC.b-USDC]Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX against Binance. 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
- $89.36
- Price spread: −0.139% → 0.000%
- −$13.92
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- $53.43
- Costs to cover
- 0.220%
- Break-even
- 2.8 days
Slippage unknown: Binance: live order book, 3 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 Binance live order book, 3 min ago | 3.73 bp | 8.7 bp −$9 | 68.8 bp −$688 | 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.
DYDX on 21 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 DYDX/USDC PERP | −0.0058% | 1h | 0.1342 | −0.058% | $6K | $48K | 12x | as long as short |
| Deribit DYDX_USDC-PERPETUAL | 0.0000% | 1h | 0.1341 | −0.133% | — | — | 25x | as long as short |
| BloFin DYDX-USDT | +0.0085% | 8h | 0.1342 | −0.058% | $292K | $30K | 75x | as long as short |
| Lighter DYDX | +0.0096% | 1h | 0.1342 | −0.080% | $59K | $50K | 5x | as long as short |
| Hyperliquid DYDX | +0.0100% | 1h | 0.1343 | +0.002% | $2.0M | $713K | 5x | as long as short |
| Aster DYDXUSDT | +0.0100% | 8h | 0.1345 | +0.138% | $6K | $10K | 5x | as long as short |
| Binance DYDXUSDTlong | +0.0100% | 8h | 0.1343 | long leg | $5.2M | $7.9M | 75x | |
| Bybit DYDXUSDT | +0.0100% | 8h | 0.1341 | −0.110% | $4.5M | $2.5M | 75x | as long as short |
| OKX DYDX-USDT-SWAP | +0.0100% | 8h | 0.1343 | +0.031% | $2.1M | $2.9M | 20x | as long as short |
| Arcus DYDX-USD | +0.0100% | 1h | 0.1345 | +0.165% | $51K | $21K | 5x | as long as short |
Injective DYDX/USDC PERP
Deribit DYDX_USDC-PERPETUAL
BloFin DYDX-USDT
Lighter DYDX
Hyperliquid DYDX
Aster DYDXUSDT
Bybit DYDXUSDT
OKX DYDX-USDT-SWAP
Arcus DYDX-USDShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate DYDX_USDT | +0.0100% | 8h | 0.1341 | −0.140% | $374K | $430K | 75x | as long as short |
| MEXC DYDX_USDT | +0.0100% | 8h | 0.1341 | −0.133% | $2.8M | $782K | 125x | as long as short |
| KuCoin DYDXUSDTM | +0.0100% | 8h | 0.1341 | −0.133% | $2.3M | $3.4M | 50x | as long as short |
| Bitget DYDXUSDT | +0.0100% | 8h | 0.1342 | −0.058% | $1.3M | $890K | 10x | as long as short |
| BingX DYDX-USDT | +0.0100% | 8h | 0.1342 | −0.058% | — | $3.0M | — | as long as short |
| Extended DYDX-USD | +0.0104% | 1h | 0.1341 | −0.166% | $1K | $401K | 10x | as long as short |
| Aevo DYDX-PERP | +0.0104% | 1h | 0.1340 | −0.182% | $49K | — | 3x | as long as short |
| GMX DYDX/USD [WBTC.b-USDC]short | L +0.0187% / S −0.0526% | 1h | 0.1341 | −0.139% | $910 | — | 100x | |
| Kraken Futures PF_DYDXUSD | +0.0856% | 1h | 0.1343 | +0.017% | $302K | $310K | 20x | as long as short |
| Coinbase International DYDX-PERP-INTX | +0.1000% | 1h | 0.1353 | +0.761% | $17K | $26K | 50x | as long as short |
| dYdX DYDX-USD | +0.9237% | 1h | 0.1342 | −0.055% | $76K | $2K | 5x | as long as short |
Gate DYDX_USDT
MEXC DYDX_USDT
KuCoin DYDXUSDTM
Bitget DYDXUSDT
BingX DYDX-USDT
Extended DYDX-USD
Aevo DYDX-PERP
Kraken Futures PF_DYDXUSD
Coinbase International DYDX-PERP-INTX
dYdX DYDX-USD