Funding you earn now, next payment 05:00 UTC+0.0706%/8h= +77.3% APRnext payment +$0.88 per $10,000 · paid last 24h +0.476%
Price spread now: GMX against Deribit−0.023%7-day average −0.027% · 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)+1.489%+$149 on $10k
+Price spread, last 4 days (all we have)+0.030%+$3 · spread now −0.023%, 7d avg −0.027%
=The price spread sits at its 7-day average of −0.027%, so right now this pair is about funding alone: +$21 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit FIL_USDC-PERPETUAL | 0.9953 | −0.0453 | get 0.0057% / 1h | 21m 21s | $171K | $23K | 25x |
| Short | GMX FIL/USD [WBTC.b-USDC] | 0.9951 | L +0.0583% / S −0.0253% | get 0.0032% / 1h | 21m 21s | $266K | — | 100x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX against Deribit. 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
- $148.2
- Price spread: −0.023% → −0.027%
- $0.37
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- $129.57
- Costs to cover
- 0.190%
- Break-even
- 0.9 days
Slippage unknown: Deribit: live order book, 32 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 Deribit live order book, 32 min ago | 9.41 bp | 14.9 bp −$15 | 23.9 bp −$239 | 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-PERPETUALlong | −0.0453% | 1h | 0.9953 | long leg | $171K | $23K | 25x | |
| Coinbase International FIL-PERP-INTX | −0.0240% | 1h | 0.9951 | −0.020% | $357K | $2.1M | 50x | as long as short |
| gTrade (Gains Network) FIL/USD | L −0.0004% / S +0.0006% | 1h | 0.9953 | −0.005% | $26K | — | 150x | as long as short |
| dYdX FIL-USD | 0.0000% | 1h | 0.9957 | +0.037% | $58K | $2K | 10x | as long as short |
| OKX FIL-USDT-SWAP | +0.0008% | 8h | 0.9946 | −0.070% | $18.4M | $106.1M | 50x | as long as short |
| KuCoin FILUSDTM | +0.0024% | 8h | 0.9954 | +0.010% | $7.3M | $7.7M | 50x | as long as short |
| Injective FIL/USDC PERP | +0.0033% | 1h | 0.9855 | −0.985% | $2K | $240K | 12x | as long as short |
| Kraken Futures PF_FILUSD | +0.0067% | 1h | 0.9957 | +0.045% | $1.4M | $2.3M | 50x | as long as short |
| Lighter FIL | +0.0096% | 1h | 0.9946 | −0.073% | $148K | $370K | 5x | as long as short |
| Hyperliquid FIL | +0.0100% | 1h | 0.9955 | +0.019% | $8.4M | $9.4M | 5x | as long as short |
Show all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster FILUSDT | +0.0100% | 8h | 0.9949 | −0.037% | $508K | $613K | 20x | as long as short |
| Binance FILUSDT | +0.0100% | 8h | 0.9950 | −0.030% | $57.2M | $185.3M | 75x | as long as short |
| Bybit FILUSDT | +0.0100% | 8h | 0.9948 | −0.050% | $15.8M | $20.4M | 25x | as long as short |
| Gate FIL_USDT | +0.0100% | 8h | 0.9953 | 0.000% | $8.4M | $16.8M | 50x | as long as short |
| MEXC FIL_USDC | +0.0100% | 8h | 0.9951 | −0.020% | $240K | $104K | 50x | as long as short |
| Bitget FILUSDT | +0.0100% | 8h | 0.9945 | −0.080% | $11.3M | $20.5M | 75x | as long as short |
| BingX FIL-USDT | +0.0100% | 8h | 0.9948 | −0.050% | — | $11.8M | — | as long as short |
| Variational Omni FIL | +0.0100% | 8h | 0.9956 | +0.027% | $450K | $266K | — | as long as short |
| edgeX FILUSDC | +0.0100% | 4h | 0.9939 | −0.141% | $45K | $296K | 10x | as long as short |
| GRVT FIL_USDT_Perp | +0.0100% | 8h | 0.9965 | +0.122% | $294K | $1.1M | 10x | as long as short |
| ApeX Omni FILUSDT | +0.0100% | 1h | 0.9950 | −0.030% | $30K | $182K | 50x | as long as short |
| Orderly PERP_FIL_USDC_mythos | +0.0100% | 4h | 0.9958 | +0.047% | $4K | $798 | 10x | as long as short |
| SunX FIL-USDT | +0.0100% | 8h | 0.9950 | −0.030% | $3K | $1.1M | 20x | as long as short |
| SoDEX FIL-USD | +0.0100% | 1h | 0.9947 | −0.060% | $476 | $11K | 5x | as long as short |
| HTX FIL-USDT | +0.0100% | 8h | 0.9958 | +0.050% | $618K | $5.8M | 75x | as long as short |
| Phemex FILUSDT | +0.0100% | 8h | 0.9940 | −0.131% | $1.2M | $2.6M | 50x | as long as short |
| Extended FIL-USD | +0.0104% | 1h | 0.9945 | −0.078% | $696K | $2.4M | 10x | as long as short |
| BloFin FIL-USDT | +0.0220% | 8h | 0.9940 | −0.131% | $2.7M | $712K | 75x | as long as short |
| GMX FIL/USD [WBTC.b-USDC]short | L +0.0583% / S −0.0253% | 1h | 0.9951 | −0.023% | $266K | — | 100x |
Deribit FIL_USDC-PERPETUAL
GMX FIL/USD [WBTC.b-USDC]
Coinbase International FIL-PERP-INTX
gTrade (Gains Network) FIL/USD
OKX FIL-USDT-SWAP
KuCoin FILUSDTM
Injective FIL/USDC PERP
Kraken Futures PF_FILUSD
Lighter FIL
Hyperliquid FIL
Aster FILUSDT
Binance FILUSDT
Bybit FILUSDT
Gate FIL_USDT
MEXC FIL_USDC
Bitget FILUSDT
BingX FIL-USDT
Variational Omni FIL
edgeX FILUSDC
GRVT FIL_USDT_Perp
ApeX Omni FILUSDT
SunX FIL-USDT
SoDEX FIL-USD
HTX FIL-USDT
Phemex FILUSDT
Extended FIL-USD
BloFin FIL-USDT