Funding you earn now, next payment 01:00 UTC+0.0509%/8h= +55.7% APRpaid last 24h +0.410%
Price spread now: GMX against Binance−0.118%7-day average +0.031% · 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)+1.262%+$126 on $10k
+Price spread, last 3 days (all we have)+0.160%+$16 · spread now −0.118%, 7d avg +0.031%
=Funding pays, the price is against you. GMX is 0.149% cheaper against Binance than usual: you would sell low and buy high (spread −0.118% now, against its 7-day average of +0.031%). If the spread goes back, that is −$15 on $10k: about 23 hours of funding at the current rate (+$15 a day). At the pace of the last 3 days (+1.262% in total) that is about 9 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance FILUSDT | 0.9876 | 0.0029 | pay 0.0029% / 8h | 7h 28m | $56.9M | $177.8M | 75x |
| Short | GMX FIL/USD [WBTC.b-USDC] | 0.9865 | L +0.0539% / S −0.0538% | get 0.0067% / 1h | 28m 45s | $196K | — | 100x |
Binance FILUSDT
GMX FIL/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
- $106.89
- Price spread: −0.118% → +0.031%
- −$14.86
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- $70.04
- Costs to cover
- 0.220%
- Break-even
- 2.4 days
Slippage unknown: Binance: live order book, 15 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, 15 min ago | 0.51 bp | 9.0 bp −$9 | 13.8 bp −$138 | 45.4 bp −$4,541 | 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 | −0.0661% | 1h | 0.9866 | −0.105% | $170K | $23K | 25x | as long as short |
| Kraken Futures PF_FILUSD | −0.0332% | 1h | 0.9866 | −0.108% | $1.3M | $2.4M | 50x | as long as short |
| Coinbase International FIL-PERP-INTX | −0.0328% | 1h | 0.9869 | −0.074% | $315K | $1.8M | 50x | as long as short |
| OKX FIL-USDT-SWAP | −0.0043% | 8h | 0.9878 | +0.017% | $18.0M | $97.8M | 50x | as long as short |
| KuCoin FILUSDTM | −0.0041% | 8h | 0.9874 | −0.024% | $7.4M | $7.1M | 50x | as long as short |
| gTrade (Gains Network) FIL/USD | L −0.0004% / S +0.0006% | 1h | 0.9864 | −0.125% | $25K | — | 150x | as long as short |
| dYdX FIL-USD | 0.0000% | 1h | 0.9880 | +0.034% | $58K | $2K | 10x | as long as short |
| Binance FILUSDTlong | +0.0029% | 8h | 0.9876 | long leg | $56.9M | $177.8M | 75x | |
| Extended FIL-USD | +0.0032% | 1h | 0.9875 | −0.018% | $691K | $3.6M | 10x | as long as short |
| Injective FIL/USDC PERP | +0.0033% | 1h | 0.9855 | −0.216% | $2K | $240K | 12x | as long as short |
Deribit FIL_USDC-PERPETUAL
Kraken Futures PF_FILUSD
Coinbase International FIL-PERP-INTX
OKX FIL-USDT-SWAP
KuCoin FILUSDTM
gTrade (Gains Network) FIL/USD
dYdX FIL-USD
Extended FIL-USD
Injective FIL/USDC PERPShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC FIL_USDC | +0.0062% | 8h | 0.9872 | −0.044% | $244K | $105K | 50x | as long as short |
| Bitget FILUSDT | +0.0066% | 8h | 0.9876 | −0.004% | $10.9M | $21.4M | 75x | as long as short |
| Lighter FIL | +0.0096% | 1h | 0.9869 | −0.069% | $159K | $346K | 5x | as long as short |
| Hyperliquid FIL | +0.0100% | 1h | 0.9878 | +0.013% | $8.5M | $9.5M | 5x | as long as short |
| Aster FILUSDT | +0.0100% | 8h | 0.9870 | −0.065% | $503K | $553K | 20x | as long as short |
| Bybit FILUSDT | +0.0100% | 8h | 0.9877 | +0.007% | $15.4M | $18.2M | 25x | as long as short |
| Gate FIL_USDT | +0.0100% | 8h | 0.9872 | −0.044% | $8.2M | $16.1M | 50x | as long as short |
| BingX FIL-USDC | +0.0100% | 8h | 0.9878 | +0.017% | — | $6.5M | — | as long as short |
| Variational Omni FIL | +0.0100% | 8h | 0.9865 | −0.115% | $443K | $280K | — | as long as short |
| edgeX FILUSDC | +0.0100% | 4h | 0.9863 | −0.138% | $45K | $295K | 10x | as long as short |
| GRVT FIL_USDT_Perp | +0.0100% | 8h | 0.9863 | −0.140% | $291K | $812K | 10x | as long as short |
| ApeX Omni FILUSDT | +0.0100% | 1h | 0.9870 | −0.064% | $30K | $195K | 50x | as long as short |
| Orderly PERP_FIL_USDC_mythos | +0.0100% | 4h | 0.9870 | −0.063% | $5K | — | 10x | as long as short |
| SunX FIL-USDT | +0.0100% | 8h | 0.9860 | −0.166% | $3K | $1.1M | 20x | as long as short |
| SoDEX FIL-USD | +0.0100% | 1h | 0.9859 | −0.176% | $484 | $11K | 5x | as long as short |
| HTX FIL-USDT | +0.0100% | 8h | 0.9869 | −0.074% | $629K | $5.6M | 75x | as long as short |
| Phemex FILUSDT | +0.0100% | 8h | 0.9850 | −0.267% | $1.1M | $2.3M | 50x | as long as short |
| BloFin FIL-USDT | +0.0115% | 8h | 0.9859 | −0.176% | $2.6M | $579K | 75x | as long as short |
| GMX FIL/USD [WBTC.b-USDC]short | L +0.0539% / S −0.0538% | 1h | 0.9865 | −0.118% | $196K | — | 100x |
MEXC FIL_USDC
Bitget FILUSDT
Lighter FIL
Hyperliquid FIL
Aster FILUSDT
Bybit FILUSDT
Gate FIL_USDT
BingX FIL-USDC
Variational Omni FIL
edgeX FILUSDC
GRVT FIL_USDT_Perp
ApeX Omni FILUSDT
Orderly PERP_FIL_USDC_mythos
SunX FIL-USDT
SoDEX FIL-USD
HTX FIL-USDT
Phemex FILUSDT
BloFin FIL-USDT