Funding you earn now, next payment 09:00 UTC+0.0146%/8h= +16.0% APRpaid last 24h +0.094%
Price spread now: GMX against Gate+0.043%57s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 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 for this trade now. Funding pays +$4 a day on $10k at the current rate, and GMX is 0.043% dearer against Gate than usual: you sell high and buy low: +$4 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 57 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate MON_USDT | 0.02559 | 0.0100 | pay 0.0050% / 4h | 3h 03m | $988K | $1.1M | 50x |
| Short | GMX MON/USD [ETH-USDC] | 0.02560 | L +0.0231% / S −0.0246% | get 0.0031% / 1h | 3m 20s | $7K | — | 50x |
Gate MON_USDT
GMX MON/USD [ETH-USDC]Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX against Gate. 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
- $30.73
- Price spread: +0.043% → 0.000%
- $4.3
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- $8.03
- Costs to cover
- 0.270%
- Break-even
- 5.2 days
Slippage unknown: Gate: live order book, 4 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 Gate live order book, 4 min ago | 3.91 bp | 25.2 bp −$25 | doesn't fit | 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.
MON on 33 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 | |
|---|---|---|---|---|---|---|---|---|
| Backpack MON_USDC_PERP | −0.0143% | 1h | 0.02559 | +0.012% | $114K | $149K | 10x | as long as short |
| Injective MON/USDC PERP | −0.0089% | 1h | 0.02505 | −2.110% | $5K | $108 | 5.5x | as long as short |
| Phoenix MON | 0.0000% | 1h | 0.02553 | −0.227% | $14K | $346K | 5x | as long as short |
| Deribit MON_USDC-PERPETUAL | 0.0000% | 1h | 0.02558 | −0.031% | $73K | $135K | 25x | as long as short |
| Lighter MON | +0.0096% | 1h | 0.02561 | +0.078% | $834K | $781K | 10x | as long as short |
| Paradex MON-USD-PERP | +0.0100% | 8h | 0.02558 | −0.052% | $8K | $42 | 5x | as long as short |
| Nado MON-PERP | +0.0100% | 1h | 0.02562 | +0.114% | $394K | $577K | 10x | as long as short |
| Hyperliquid MON | +0.0100% | 1h | 0.02561 | +0.090% | $34.6M | $6.5M | 5x | as long as short |
| Aster MONUSDT | +0.0100% | 4h | 0.02561 | +0.062% | $101K | $202K | 10x | as long as short |
| dYdX MON-USD | +0.0100% | 1h | 0.02560 | +0.031% | $13K | — | 5x | as long as short |
Backpack MON_USDC_PERP
Injective MON/USDC PERP
Phoenix MON
Deribit MON_USDC-PERPETUAL
Lighter MON
Paradex MON-USD-PERP
Nado MON-PERP
Hyperliquid MON
Aster MONUSDT
dYdX MON-USDShow all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica MON | +0.0100% | 1h | 0.02560 | +0.035% | $142K | $89K | 3x | as long as short |
| Binance MONUSDT | +0.0100% | 4h | 0.02558 | −0.022% | $24.6M | $26.9M | 75x | as long as short |
| Bybit MONUSDT | +0.0100% | 8h | 0.02556 | −0.102% | $21.3M | $13.5M | 50x | as long as short |
| OKX MON-USDT-SWAP | +0.0100% | 4h | 0.02558 | −0.039% | $4.3M | $6.2M | 50x | as long as short |
| Gate MON_USDTlong | +0.0100% | 4h | 0.02559 | long leg | $988K | $1.1M | 50x | |
| KuCoin MONUSDTM | +0.0100% | 4h | 0.02564 | +0.195% | $2.9M | $756K | 75x | as long as short |
| Bitget MONUSDT | +0.0100% | 4h | 0.02558 | −0.039% | $2.8M | $2.2M | 25x | as long as short |
| Variational Omni MON | +0.0100% | 8h | 0.02559 | +0.003% | $760K | $376K | — | as long as short |
| edgeX MONUSDC | +0.0100% | 4h | 0.02562 | +0.115% | $42K | $251K | 10x | as long as short |
| GRVT MON_USDT_Perp | +0.0100% | 4h | 0.02559 | 0.000% | $580K | $1.5M | 10x | as long as short |
| ApeX Omni MONUSDT | +0.0100% | 1h | 0.02560 | +0.039% | $69K | $545K | 50x | as long as short |
| Orderly PERP_MON_USDC | +0.0100% | 4h | 0.02558 | −0.039% | $16K | $36K | 10x | as long as short |
| SoDEX MON-USD | +0.0100% | 1h | 0.02557 | −0.078% | $5K | $6K | 5x | as long as short |
| Bulk MON-USD | +0.0100% | 1h | 0.02542 | −0.673% | $104K | −$0 | 10x | as long as short |
| Extended MON-USD | +0.0104% | 1h | 0.02560 | +0.053% | $61K | $329K | 10x | as long as short |
| Aevo MON-PERP | +0.0104% | 1h | 0.02557 | −0.066% | $39K | — | 3x | as long as short |
| 01 Exchange MONUSD | +0.0176% | 1h | 0.02561 | +0.082% | $6K | $3K | 5x | as long as short |
| GMX MON/USD [ETH-USDC]short | L +0.0231% / S −0.0246% | 1h | 0.02560 | +0.043% | $7K | — | 50x | |
| BloFin MON-USDT | +0.0340% | 4h | 0.02561 | +0.078% | $1.4M | $404K | 75x | as long as short |
| Perpl MON | +0.0447% | 43m | 0.02560 | +0.051% | $119K | $2.1M | 10x | as long as short |
| Aftermath Perps MONUSD | +0.0597% | 1h | 0.02555 | −0.163% | $4K | $97K | 10x | as long as short |
| Coinbase International MON-PERP-INTX | +0.0744% | 1h | 0.02575 | +0.629% | $114K | $53K | 50x | as long as short |
| Kraken Futures PF_MONUSD | +0.0782% | 1h | 0.02560 | +0.044% | $275K | $118K | 10x | as long as short |
Pacifica MON
Binance MONUSDT
Bybit MONUSDT
OKX MON-USDT-SWAP
KuCoin MONUSDTM
Bitget MONUSDT
Variational Omni MON
edgeX MONUSDC
GRVT MON_USDT_Perp
ApeX Omni MONUSDT
Orderly PERP_MON_USDC
SoDEX MON-USD
Bulk MON-USD
Extended MON-USD
Aevo MON-PERP
01 Exchange MONUSD
BloFin MON-USDT
Perpl MON
Aftermath Perps MONUSD
Coinbase International MON-PERP-INTX
Kraken Futures PF_MONUSD