Funding you earn now, next payment 06:00 UTC+0.0180%/8h= +19.7% APRnext payment +$0.23 per $10,000 · paid last 24h +0.253%
Price spread now: GMX against ApeX Omni−0.251%7-day average +0.020% · 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)+1.252%+$125 on $10k
+Price spread, last 4 days (all we have)+0.375%+$38 · spread now −0.251%, 7d avg +0.020%
=Funding pays, the price is against you. GMX is 0.271% cheaper against ApeX Omni than usual: you would sell low and buy high (spread −0.251% now, against its 7-day average of +0.020%). If the spread goes back, that is −$27 on $10k: about 5.0 days of funding at the current rate (+$5 a day). At the pace of the last 3 days (+1.252% in total) that is about 18 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni FILUSDT | 1.0000 | 0.0100 | pay 0.0013% / 1h | 1m 27s | $29K | $183K | 50x |
| Short | GMX FIL/USD [WBTC.b-USDC] | 0.9975 | L +0.0603% / S −0.0280% | get 0.0035% / 1h | 1m 27s | $267K | — | 100x |
ApeX Omni FILUSDT
GMX FIL/USD [WBTC.b-USDC]Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX against ApeX Omni. 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
- $37.83
- Price spread: −0.251% → +0.020%
- −$27.1
- Slippage, 4 orders
- no order book: not counted
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- −$11.27
- Costs to cover
- 0.220%
- Break-even
- 9.1 days
Slippage unknown: ApeX Omni: live order book, 45 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 ApeX Omni live order book, 45 min ago | 10.08 bp | 20.0 bp −$20 | 121.6 bp −$1,216 | 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.
FIL on 29 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit FIL_USDC-PERPETUAL | −0.0350% | 1h | 0.9986 | −0.140% | $172K | $23K | 25x | as long as short |
| Coinbase International FIL-PERP-INTX | −0.0240% | 1h | 1.0012 | +0.120% | $357K | $2.3M | 50x | as long as short |
| gTrade (Gains Network) FIL/USD | L −0.0004% / S +0.0006% | 1h | 0.9976 | −0.241% | $26K | — | 150x | as long as short |
| dYdX FIL-USD | 0.0000% | 1h | 0.9974 | −0.259% | $58K | $1K | 10x | as long as short |
| Injective FIL/USDC PERP | +0.0033% | 1h | 0.9855 | −1.450% | $2K | $240K | 12x | as long as short |
| OKX FIL-USDT-SWAP | +0.0045% | 8h | 0.9973 | −0.270% | $18.1M | $110.1M | 50x | as long as short |
| KuCoin FILUSDTM | +0.0061% | 8h | 0.9972 | −0.280% | $7.3M | $7.9M | 50x | as long as short |
| Lighter FIL | +0.0096% | 1h | 0.9974 | −0.258% | $148K | $385K | 5x | as long as short |
| Hyperliquid FIL | +0.0100% | 1h | 0.9977 | −0.229% | $8.4M | $9.4M | 5x | as long as short |
| Aster FILUSDT | +0.0100% | 8h | 0.9980 | −0.195% | $510K | $605K | 20x | as long as short |
Deribit FIL_USDC-PERPETUAL
Coinbase International FIL-PERP-INTX
gTrade (Gains Network) FIL/USD
dYdX FIL-USD
Injective FIL/USDC PERP
OKX FIL-USDT-SWAP
KuCoin FILUSDTM
Lighter FIL
Hyperliquid FIL
Aster FILUSDTShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance FILUSDT | +0.0100% | 8h | 0.9972 | −0.280% | $56.4M | $187.7M | 75x | as long as short |
| Bybit FILUSDT | +0.0100% | 8h | 0.9972 | −0.280% | $15.7M | $20.7M | 25x | as long as short |
| Gate FIL_USDT | +0.0100% | 8h | 0.9974 | −0.260% | $8.3M | $17.0M | 50x | as long as short |
| MEXC FIL_USDC | +0.0100% | 8h | 0.9970 | −0.300% | $235K | $105K | 50x | as long as short |
| Bitget FILUSDT | +0.0100% | 8h | 0.9970 | −0.300% | $11.3M | $20.1M | 75x | as long as short |
| BingX FIL-USDC | +0.0100% | 8h | 0.9971 | −0.290% | — | $6.5M | — | as long as short |
| Variational Omni FIL | +0.0100% | 8h | 0.9992 | −0.082% | $453K | $265K | — | as long as short |
| edgeX FILUSDC | +0.0100% | 4h | 0.9989 | −0.112% | $45K | $296K | 10x | as long as short |
| GRVT FIL_USDT_Perp | +0.0100% | 8h | 0.9986 | −0.137% | $294K | $1.2M | 10x | as long as short |
| ApeX Omni FILUSDTlong | +0.0100% | 1h | 1.0000 | long leg | $29K | $183K | 50x | |
| Orderly PERP_FIL_USDC_mythos | +0.0100% | 4h | 0.9987 | −0.135% | $4K | $798 | 10x | as long as short |
| SunX FIL-USDT | +0.0100% | 8h | 0.9980 | −0.200% | $3K | $1.2M | 20x | as long as short |
| SoDEX FIL-USD | +0.0100% | 1h | 0.9980 | −0.200% | $485 | $11K | 5x | as long as short |
| HTX FIL-USDT | +0.0100% | 8h | 0.9994 | −0.060% | $619K | $5.8M | 75x | as long as short |
| Phemex FILUSDT | +0.0100% | 8h | 0.9980 | −0.200% | $1.2M | $2.6M | 50x | as long as short |
| Extended FIL-USD | +0.0104% | 1h | 0.9968 | −0.318% | $704K | $1.4M | 10x | as long as short |
| BloFin FIL-USDT | +0.0220% | 8h | 0.9995 | −0.050% | $2.7M | $701K | 75x | as long as short |
| Kraken Futures PF_FILUSD | +0.0249% | 1h | 0.9983 | −0.167% | $1.4M | $2.2M | 50x | as long as short |
| GMX FIL/USD [WBTC.b-USDC]short | L +0.0603% / S −0.0280% | 1h | 0.9975 | −0.251% | $267K | — | 100x |
Binance FILUSDT
Bybit FILUSDT
Gate FIL_USDT
MEXC FIL_USDC
Bitget FILUSDT
BingX FIL-USDC
Variational Omni FIL
edgeX FILUSDC
GRVT FIL_USDT_Perp
Orderly PERP_FIL_USDC_mythos
SunX FIL-USDT
SoDEX FIL-USD
HTX FIL-USDT
Phemex FILUSDT
Extended FIL-USD
BloFin FIL-USDT
Kraken Futures PF_FILUSD