Funding you earn now, next payment 23:00 UTC−0.0425%/8h= −46.6% APRnext payment −$0.53 per $10,000 · paid last 24h −1.280%
Price spread now: GMX against dYdX−0.072%7-day average — · 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)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$13 a day on $10k at the current rate, and GMX is 0.072% cheaper against dYdX than usual: you would sell low and buy high (−$7 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | dYdX JUP-USD | 0.2954 | 0.0091 | pay 0.0011% / 1h | 25m 52s | $39K | $35K | 5x |
| Short | GMX JUP/USD [WBTC.b-USDC] | 0.2951 | L −0.0473% / S +0.0334% | pay 0.0042% / 1h | 25m 52s | $15K | — | 100x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX against dYdX. 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
- −$89.32
- Price spread: −0.072% → 0.000%
- −$7.23
- Slippage, 4 orders
- no order book: not counted
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- −$118.56
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: dYdX: no order-book sample; 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 dYdX no order-book sample | — | — | — | — | — |
| Sell GMX no order-book sample | — | — | — | — | — |
dYdX and 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.
JUP on 36 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective JUP/USDC PERP | −0.3508% | 1h | 0.2911 | −1.442% | $3K | $206K | 5.5x | as long as short |
| GMX JUP/USD [WBTC.b-USDC]short | L −0.0473% / S +0.0334% | 1h | 0.2951 | −0.072% | $15K | — | 100x | |
| Pacifica JUP | −0.0335% | 1h | 0.2950 | −0.107% | $281K | $171K | 10x | as long as short |
| Kraken Futures PF_JUPUSD | −0.0176% | 1h | 0.2950 | −0.132% | $599K | $617K | 20x | as long as short |
| 01 Exchange JUPUSD | −0.0072% | 1h | 0.2952 | −0.064% | $26K | $19K | 5x | as long as short |
| Gate JUP_USDT | −0.0020% | 4h | 0.2947 | −0.223% | $742K | $1.9M | 75x | as long as short |
| Deribit JUP_USDC-PERPETUAL | 0.0000% | 1h | 0.2951 | −0.074% | $56K | $14K | 10x | as long as short |
| gTrade (Gains Network) JUP/USD | L +0.0002% / S −0.0001% | 1h | 0.2950 | −0.105% | $17K | — | 150x | as long as short |
| Bybit JUPUSDT | +0.0050% | 4h | 0.2947 | −0.223% | $16.1M | $23.4M | 50x | as long as short |
| Reya JUPRUSDPERP | +0.0057% | 1h | 0.2949 | −0.160% | — | — | 20x | as long as short |
Show all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Paradex JUP-USD-PERP | +0.0067% | 8h | 0.2948 | −0.205% | $9K | $13K | 10x | as long as short |
| dYdX JUP-USDlong | +0.0091% | 1h | 0.2954 | long leg | $39K | $35K | 5x | |
| Lighter JUP | +0.0096% | 1h | 0.2951 | −0.098% | $791K | $1.3M | 10x | as long as short |
| Nado JUP-PERP | +0.0100% | 1h | 0.2947 | −0.215% | $611K | $672K | 10x | as long as short |
| Hyperliquid JUP | +0.0100% | 1h | 0.2955 | +0.038% | $19.0M | $14.0M | 10x | as long as short |
| Aster JUPUSDT | +0.0100% | 4h | 0.2949 | −0.145% | $106K | $365K | 10x | as long as short |
| Binance JUPUSDT | +0.0100% | 4h | 0.2949 | −0.155% | $16.3M | $55.2M | 75x | as long as short |
| OKX JUP-USDT-SWAP | +0.0100% | 4h | 0.2948 | −0.189% | $4.0M | $16.5M | 50x | as long as short |
| MEXC JUP_USDT | +0.0100% | 4h | 0.2947 | −0.223% | $8.1M | $8.1M | 200x | as long as short |
| KuCoin JUPUSDTM | +0.0100% | 4h | 0.2951 | −0.088% | $4.3M | $7.2M | 50x | as long as short |
| Bitget JUPUSDT | +0.0100% | 4h | 0.2948 | −0.189% | $5.6M | $8.3M | 75x | as long as short |
| BingX JUP-USDT | +0.0100% | 4h | 0.2948 | −0.189% | — | $20.9M | — | as long as short |
| Backpack JUP_USDC_PERP | +0.0100% | 1h | 0.2949 | −0.172% | $976K | $257K | 10x | as long as short |
| Variational Omni JUP | +0.0100% | 4h | 0.2939 | −0.489% | $711K | $1.1M | — | as long as short |
| GRVT JUP_USDT_Perp | +0.0100% | 4h | 0.2951 | −0.102% | $1.6M | $4.0M | 10x | as long as short |
| ApeX Omni JUPUSDT | +0.0100% | 1h | 0.2949 | −0.155% | $157K | $319K | 50x | as long as short |
| Polymarket Perps JUP-USD | +0.0100% | 1h | 0.2955 | +0.055% | $93K | $133K | 10x | as long as short |
| Orderly PERP_JUP_USDC | +0.0100% | 4h | 0.2951 | −0.088% | $31K | $50K | 10x | as long as short |
| HTX JUP-USDT | +0.0100% | 4h | 0.2942 | −0.392% | $110K | $67K | 20x | as long as short |
| Phemex JUPUSDT | +0.0100% | 4h | 0.2951 | −0.088% | $2.9M | $4.1M | 50x | as long as short |
| Bulk JUP-USD | +0.0100% | 1h | 0.2941 | −0.411% | $57K | $3K | 10x | as long as short |
| Extended JUP-USD | +0.0104% | 1h | 0.2946 | −0.266% | $2.2M | $503K | 25x | as long as short |
| Aevo JUP-PERP | +0.0104% | 1h | 0.2949 | −0.155% | $40K | — | 3x | as long as short |
| BloFin JUP-USDT | +0.0137% | 4h | 0.2953 | −0.020% | $850K | $324K | 50x | as long as short |
| Phoenix JUP | +0.0190% | 1h | 0.2955 | +0.041% | $95K | $441K | 10x | as long as short |
| Coinbase International JUP-PERP-INTX | +0.0264% | 1h | 0.2989 | +1.216% | $74K | $93K | 50x | as long as short |
GMX JUP/USD [WBTC.b-USDC]
Injective JUP/USDC PERP
Pacifica JUP
Kraken Futures PF_JUPUSD
01 Exchange JUPUSD
Gate JUP_USDT
Deribit JUP_USDC-PERPETUAL
gTrade (Gains Network) JUP/USD
Bybit JUPUSDT
Paradex JUP-USD-PERP
Lighter JUP
Hyperliquid JUP
Aster JUPUSDT
Binance JUPUSDT
OKX JUP-USDT-SWAP
MEXC JUP_USDT
KuCoin JUPUSDTM
Bitget JUPUSDT
BingX JUP-USDT
Backpack JUP_USDC_PERP
Variational Omni JUP
GRVT JUP_USDT_Perp
ApeX Omni JUPUSDT
Polymarket Perps JUP-USD
HTX JUP-USDT
Phemex JUPUSDT
Bulk JUP-USD
Extended JUP-USD
BloFin JUP-USDT
Phoenix JUP
Coinbase International JUP-PERP-INTX