Funding you earn now, next payment 04:00 UTC+0.0137%/8h= +15.1% APRpaid last 24h +0.328%
Price spread now: GMX against Bitget+0.136%7-day average +0.062% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)+1.274%+$127 on $10k
+Price spread, last 4 days (all we have)−0.067%−$7 · spread now +0.136%, 7d avg +0.062%
=Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and GMX is 0.075% dearer against Bitget than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of +0.062%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget FILUSDT | 0.9979 | 0.0100 | pay 0.0100% / 8h | 4h 21m | $11.2M | $20.3M | 75x |
| Short | GMX FIL/USD [WBTC.b-USDC] | 0.9993 | L +0.0574% / S −0.0237% | get 0.0030% / 1h | 21m 56s | $267K | — | 100x |
Bitget FILUSDT
GMX FIL/USD [WBTC.b-USDC]Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX against Bitget. 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
- $28.87
- Price spread: +0.136% → +0.062%
- $7.46
- Slippage, 4 orders
- no order book: not counted
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- $12.33
- Costs to cover
- 0.240%
- Break-even
- 4.0 days
Slippage unknown: Bitget: 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 Bitget live order book, 2 min ago | 1.00 bp | 12.4 bp −$12 | 18.9 bp −$189 | 42.8 bp −$4,283 | 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 | −0.0650% | 1h | 0.9996 | +0.170% | $172K | $23K | 25x | as long as short |
| Coinbase International FIL-PERP-INTX | −0.0208% | 1h | 1.0000 | +0.210% | $368K | $2.1M | 50x | as long as short |
| OKX FIL-USDT-SWAP | −0.0057% | 8h | 0.9985 | +0.060% | $18.5M | $104.8M | 50x | as long as short |
| KuCoin FILUSDTM | −0.0012% | 8h | 0.9983 | +0.040% | $7.3M | $7.5M | 50x | as long as short |
| gTrade (Gains Network) FIL/USD | L −0.0004% / S +0.0006% | 1h | 0.9993 | +0.145% | $26K | — | 150x | as long as short |
| dYdX FIL-USD | 0.0000% | 1h | 0.9995 | +0.160% | $58K | $2K | 10x | as long as short |
| Injective FIL/USDC PERP | +0.0033% | 1h | 0.9855 | −1.243% | $2K | $240K | 12x | as long as short |
| Kraken Futures PF_FILUSD | +0.0043% | 1h | 0.9992 | +0.130% | $1.4M | $2.3M | 50x | as long as short |
| Lighter FIL | +0.0096% | 1h | 0.9986 | +0.068% | $155K | $362K | 5x | as long as short |
| Hyperliquid FIL | +0.0100% | 1h | 0.9982 | +0.034% | $8.5M | $9.5M | 5x | as long as short |
Deribit FIL_USDC-PERPETUAL
Coinbase International FIL-PERP-INTX
OKX FIL-USDT-SWAP
KuCoin FILUSDTM
gTrade (Gains Network) FIL/USD
dYdX FIL-USD
Injective FIL/USDC PERP
Kraken Futures PF_FILUSD
Lighter FIL
Hyperliquid FILShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster FILUSDT | +0.0100% | 8h | 0.9980 | +0.010% | $514K | $606K | 20x | as long as short |
| Binance FILUSDT | +0.0100% | 8h | 0.9987 | +0.080% | $57.4M | $183.1M | 75x | as long as short |
| Bybit FILUSDT | +0.0100% | 8h | 0.9984 | +0.050% | $15.7M | $20.0M | 25x | as long as short |
| Gate FIL_USDT | +0.0100% | 8h | 0.9990 | +0.110% | $8.5M | $16.7M | 50x | as long as short |
| MEXC FIL_USDC | +0.0100% | 8h | 0.9982 | +0.030% | $242K | $104K | 50x | as long as short |
| Bitget FILUSDTlong | +0.0100% | 8h | 0.9979 | long leg | $11.2M | $20.3M | 75x | |
| BingX FIL-USDC | +0.0100% | 8h | 0.9988 | +0.090% | — | $6.5M | — | as long as short |
| Variational Omni FIL | +0.0100% | 8h | 1.0001 | +0.217% | $450K | $264K | — | as long as short |
| edgeX FILUSDC | +0.0100% | 4h | 1.0016 | +0.371% | $46K | $295K | 10x | as long as short |
| GRVT FIL_USDT_Perp | +0.0100% | 8h | 0.9996 | +0.173% | $292K | $964K | 10x | as long as short |
| ApeX Omni FILUSDT | +0.0100% | 1h | 1.0020 | +0.411% | $30K | $181K | 50x | as long as short |
| Orderly PERP_FIL_USDC_mythos | +0.0100% | 4h | 0.9999 | +0.204% | $4K | $798 | 10x | as long as short |
| SunX FIL-USDT | +0.0100% | 8h | 1.0000 | +0.210% | $2K | $1.1M | 20x | as long as short |
| SoDEX FIL-USD | +0.0100% | 1h | 0.9987 | +0.080% | $484 | $11K | 5x | as long as short |
| HTX FIL-USDT | +0.0100% | 8h | 1.0009 | +0.301% | $627K | $5.8M | 75x | as long as short |
| Phemex FILUSDT | +0.0100% | 8h | 0.9980 | +0.010% | $1.2M | $2.5M | 50x | as long as short |
| Extended FIL-USD | +0.0104% | 1h | 0.9981 | +0.022% | $711K | $3.3M | 10x | as long as short |
| BloFin FIL-USDT | +0.0219% | 8h | 0.9995 | +0.160% | $2.7M | $661K | 75x | as long as short |
| GMX FIL/USD [WBTC.b-USDC]short | L +0.0574% / S −0.0237% | 1h | 0.9993 | +0.136% | $267K | — | 100x |
Aster FILUSDT
Binance FILUSDT
Bybit FILUSDT
Gate FIL_USDT
MEXC FIL_USDC
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
Extended FIL-USD
BloFin FIL-USDT