Funding you earn now, next payment 09:00 UTC+0.0146%/8h= +16.0% APRpaid last 24h +0.094%
Price spread now: GMX against OKX+0.212%52s7-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 0.212% dearer against OKX than usual: you sell high and buy low: +$21 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 52 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 | OKX MON-USDT-SWAP | 0.02495 | 0.0100 | pay 0.0050% / 4h | 3h 26m | $4.2M | $6.2M | 50x |
| Short | GMX MON/USD [ETH-USDC] | 0.02500 | L +0.0231% / S −0.0246% | get 0.0031% / 1h | 26m 29s | $6K | — | 50x |
OKX MON-USDT-SWAP
GMX MON/USD [ETH-USDC]Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX against OKX. 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: +0.212% → 0.000%
- $21.24
- Slippage, 4 orders
- no order book: not counted
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- $29.98
- Costs to cover
- 0.220%
- Break-even
- 0.2 days
Slippage unknown: OKX: live order book, 1 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 OKX live order book, 1 min ago | 2.00 bp | 15.6 bp −$16 | 83.9 bp −$839 | 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 | −0.0144% | 1h | 0.02499 | +0.148% | $111K | $157K | 10x | as long as short |
| Injective MON/USDC PERP | −0.0089% | 1h | 0.02505 | +0.401% | $5K | $108 | 5.5x | as long as short |
| Phoenix MON | 0.0000% | 1h | 0.02498 | +0.116% | $13K | $346K | 5x | as long as short |
| Deribit MON_USDC-PERPETUAL | 0.0000% | 1h | 0.02500 | +0.200% | $73K | $137K | 25x | as long as short |
| Lighter MON | +0.0096% | 1h | 0.02497 | +0.080% | $802K | $766K | 10x | as long as short |
| Paradex MON-USD-PERP | +0.0100% | 8h | 0.02494 | −0.025% | $7K | $42 | 5x | as long as short |
| Nado MON-PERP | +0.0100% | 1h | 0.02498 | +0.133% | $387K | $575K | 10x | as long as short |
| Hyperliquid MON | +0.0100% | 1h | 0.02497 | +0.096% | $33.7M | $7.8M | 5x | as long as short |
| Aster MONUSDT | +0.0100% | 4h | 0.02498 | +0.114% | $99K | $213K | 10x | as long as short |
| dYdX MON-USD | +0.0100% | 1h | 0.02497 | +0.092% | $12K | — | 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 | 0.02497 | +0.072% | $138K | $91K | 3x | as long as short |
| Binance MONUSDT | +0.0100% | 4h | 0.02495 | 0.000% | $23.9M | $27.7M | 75x | as long as short |
| Bybit MONUSDT | +0.0100% | 8h | 0.02494 | −0.040% | $20.8M | $13.9M | 50x | as long as short |
| OKX MON-USDT-SWAPlong | +0.0100% | 4h | 0.02495 | long leg | $4.2M | $6.2M | 50x | |
| Bulk MON-USD | +0.0100% | 1h | 0.02492 | −0.123% | $102K | −$0 | 10x | as long as short |
| Gate MON_USDT | +0.0100% | 4h | 0.02497 | +0.080% | $939K | $1.0M | 50x | as long as short |
| KuCoin MONUSDTM | +0.0100% | 4h | 0.02498 | +0.120% | $2.9M | $771K | 75x | as long as short |
| Bitget MONUSDT | +0.0100% | 4h | 0.02497 | +0.080% | $2.7M | $2.3M | 25x | as long as short |
| Variational Omni MON | +0.0100% | 8h | 0.02497 | +0.064% | $741K | $378K | — | as long as short |
| edgeX MONUSDC | +0.0100% | 4h | 0.02498 | +0.122% | $41K | $252K | 10x | as long as short |
| GRVT MON_USDT_Perp | +0.0100% | 4h | 0.02498 | +0.137% | $566K | $1.5M | 10x | as long as short |
| ApeX Omni MONUSDT | +0.0100% | 1h | 0.02498 | +0.120% | $68K | $544K | 50x | as long as short |
| Orderly PERP_MON_USDC | +0.0100% | 4h | 0.02500 | +0.200% | $16K | $40K | 10x | as long as short |
| SoDEX MON-USD | +0.0100% | 1h | 0.02499 | +0.160% | $5K | $6K | 5x | as long as short |
| Extended MON-USD | +0.0104% | 1h | 0.02498 | +0.128% | $57K | $332K | 10x | as long as short |
| Aevo MON-PERP | +0.0104% | 1h | 0.02498 | +0.120% | $38K | — | 3x | as long as short |
| 01 Exchange MONUSD | +0.0128% | 1h | 0.02497 | +0.072% | $6K | $3K | 5x | as long as short |
| GMX MON/USD [ETH-USDC]short | L +0.0231% / S −0.0246% | 1h | 0.02500 | +0.212% | $6K | — | 50x | |
| BloFin MON-USDT | +0.0340% | 4h | 0.02501 | +0.240% | $1.3M | $369K | 75x | as long as short |
| Perpl MON | +0.0447% | 43m | 0.02497 | +0.072% | $118K | $2.2M | 10x | as long as short |
| Aftermath Perps MONUSD | +0.0481% | 1h | 0.02501 | +0.255% | $5K | $102K | 10x | as long as short |
| Coinbase International MON-PERP-INTX | +0.0744% | 1h | 0.02525 | +1.202% | $111K | $53K | 50x | as long as short |
| Kraken Futures PF_MONUSD | +0.0800% | 1h | 0.02501 | +0.255% | $269K | $118K | 10x | as long as short |
Pacifica MON
Binance MONUSDT
Bybit MONUSDT
Bulk MON-USD
Gate MON_USDT
KuCoin MONUSDTM
Bitget MONUSDT
Variational Omni MON
edgeX MONUSDC
GRVT MON_USDT_Perp
ApeX Omni MONUSDT
Orderly PERP_MON_USDC
SoDEX 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