Funding you earn now, next payment 07:00 UTC−0.0504%/8h= −55.2% APRpaid last 24h −0.123%
Price spread now: SunX against GMX+0.066%7-day average −0.031% · 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)−0.219%−$22 on $10k
+Price spread, last 4 days (all we have)−0.017%−$2 · spread now +0.066%, 7d avg −0.031%
=The price spread pays, funding is against you. SunX is 0.097% dearer against GMX than usual: you sell high and buy low (spread +0.066% now, against its 7-day average of −0.031%): +$10 on $10k if it goes back. Holding the pair costs −$15 a day in funding at the current rate, which eats that in about 15 hours. At the pace of the last 3 days (−0.219% in total) that is about 37 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX FIL/USD [WBTC.b-USDC] | 0.9993 | L +0.0604% / S −0.0280% | pay 0.0075% / 1h | 19m 02s | $267K | — | 100x |
| Short | SunX FIL-USDT | 1.0000 | 0.0100 | get 0.0100% / 8h | 1h 19m | $3K | $1.2M | 20x |
GMX FIL/USD [WBTC.b-USDC]
SunX FIL-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX against GMX. 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
- −$105.82
- Price spread: +0.066% → −0.031%
- $9.73
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$116.09
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: GMX: no order-book sample; SunX: live order book, 4 min ago. 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 GMX no order-book sample | — | — | — | — | — |
| Sell SunX live order book, 4 min ago | 20.10 bp | 107.2 bp −$107 | 416.1 bp −$4,161 | doesn't fit | doesn't fit |
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 | −0.0250% | 1h | 0.9998 | +0.046% | $172K | $23K | 25x | as long as short |
| Coinbase International FIL-PERP-INTX | −0.0248% | 1h | 1.0000 | +0.066% | $351K | $2.3M | 50x | as long as short |
| gTrade (Gains Network) FIL/USD | L −0.0004% / S +0.0006% | 1h | 0.9976 | −0.177% | $26K | — | 150x | as long as short |
| dYdX FIL-USD | 0.0000% | 1h | 0.9991 | −0.028% | $58K | $1K | 10x | as long as short |
| Injective FIL/USDC PERP | +0.0033% | 1h | 0.9855 | −1.385% | $2K | $240K | 12x | as long as short |
| KuCoin FILUSDTM | +0.0060% | 8h | 0.9991 | −0.024% | $7.1M | $8.0M | 50x | as long as short |
| OKX FIL-USDT-SWAP | +0.0062% | 8h | 0.9983 | −0.104% | $18.0M | $109.8M | 50x | as long as short |
| Lighter FIL | +0.0096% | 1h | 0.9990 | −0.038% | $149K | $355K | 5x | as long as short |
| Hyperliquid FIL | +0.0100% | 1h | 0.9993 | −0.007% | $8.4M | $9.4M | 5x | as long as short |
| Aster FILUSDT | +0.0100% | 8h | 0.9992 | −0.010% | $509K | $606K | 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
KuCoin FILUSDTM
OKX FIL-USDT-SWAP
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 | 0.9987 | −0.060% | $56.1M | $187.5M | 75x | as long as short |
| Bybit FILUSDT | +0.0100% | 8h | 0.9985 | −0.084% | $15.7M | $20.5M | 25x | as long as short |
| Gate FIL_USDT | +0.0100% | 8h | 0.9996 | +0.026% | $8.3M | $16.7M | 50x | as long as short |
| MEXC FIL_USDC | +0.0100% | 8h | 0.9988 | −0.054% | $231K | $105K | 50x | as long as short |
| Bitget FILUSDT | +0.0100% | 8h | 0.9982 | −0.114% | $11.3M | $20.1M | 75x | as long as short |
| BingX FIL-USDT | +0.0100% | 8h | 0.9993 | −0.004% | — | $11.8M | — | as long as short |
| Variational Omni FIL | +0.0100% | 8h | 0.9970 | −0.236% | $443K | $273K | — | as long as short |
| edgeX FILUSDC | +0.0100% | 4h | 0.9935 | −0.582% | $45K | $295K | 10x | as long as short |
| GRVT FIL_USDT_Perp | +0.0100% | 8h | 0.9939 | −0.545% | $293K | $1.3M | 10x | as long as short |
| ApeX Omni FILUSDT | +0.0100% | 1h | 0.9980 | −0.134% | $27K | $184K | 50x | as long as short |
| Orderly PERP_FIL_USDC_mythos | +0.0100% | 4h | 1.0003 | +0.099% | $4K | $798 | 10x | as long as short |
| SunX FIL-USDTshort | +0.0100% | 8h | 1.0000 | +0.066% | $3K | $1.2M | 20x | |
| SoDEX FIL-USD | +0.0100% | 1h | 0.9993 | −0.004% | $484 | $11K | 5x | as long as short |
| HTX FIL-USDT | +0.0100% | 8h | 0.9999 | +0.056% | $623K | $5.6M | 75x | as long as short |
| Phemex FILUSDT | +0.0100% | 8h | 0.9990 | −0.034% | $1.2M | $2.6M | 50x | as long as short |
| Extended FIL-USD | +0.0104% | 1h | 0.9985 | −0.088% | $700K | $1.4M | 10x | as long as short |
| BloFin FIL-USDT | +0.0220% | 8h | 0.9968 | −0.254% | $2.6M | $679K | 75x | as long as short |
| Kraken Futures PF_FILUSD | +0.0244% | 1h | 0.9999 | +0.060% | $1.4M | $2.2M | 50x | as long as short |
| GMX FIL/USD [WBTC.b-USDC]long | L +0.0604% / S −0.0280% | 1h | 0.9993 | long leg | $267K | — | 100x |
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
Orderly PERP_FIL_USDC_mythos
SoDEX FIL-USD
HTX FIL-USDT
Phemex FILUSDT
Extended FIL-USD
BloFin FIL-USDT
Kraken Futures PF_FILUSD