S

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0298%/8h= −32.6% APRnext payment −$0.37 per $10,000 · paid last 24h −0.093%

Price spread now: GMX against ApeX Omni+0.205%52s7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on ApeX Omni Short on GMX

What this pair did over the last

the charts below follow

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

The price spread pays, funding is against you. GMX is 0.205% dearer against ApeX Omni than usual: you sell high and buy low (spread +0.205% now, against zero (this spread has no 7-day history yet)): +$20 on $10k if it goes back. Holding the pair costs −$9 a day in funding at the current rate, which eats that in about 2.3 days. 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	ApeX Omni SUSDT	0.04100	0.0100	pay 0.0013% / 1h	7m 31s	$25K	$453K	50x
Short	GMX S/USD [WBTC.b-USDC]	0.04108	L −0.0206% / S +0.0198%	pay 0.0025% / 1h	7m 31s	$1K	—	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX against ApeX Omni. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee ApeX OmnibpFee GMXbpOrdersPrice spread, now +0.205%Rate

Funding earned: −$62.59
Price spread: +0.205% → 0.000%: $20.49
Slippage, 4 orders: no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee GMX: 6 bp × 2 orders: −$12
Net: −$64.1
Costs to cover: 0.220%
Break-even: never at this rate

Slippage unknown: ApeX Omni: live order book, 55 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 ApeX Omni live order book, 55 min ago	36.90 bp	61.8 bp −$62	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.

S on 25 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
01 Exchange SUSD	−1.1648%	1h	0.03960	−3.415%	$25K	$2K	5x	as long as short
Kraken Futures PF_SUSD	−0.1677%	1h	0.04098	−0.054%	$34K	$13K	10x	as long as short
Coinbase International S-PERP-INTX	−0.1456%	1h	0.04022	−1.902%	$48K	$16K	25x	as long as short
GMX S/USD [WBTC.b-USDC]short	L −0.0206% / S +0.0198%	1h	0.04108	+0.205%	$1K	—	100x
Variational Omni S	−0.0108%	4h	0.04110	+0.249%	$636K	$31K	—	as long as short
Reya SRUSDPERP	−0.0101%	1h	0.04100	−0.012%	$4	—	15x	as long as short
gTrade (Gains Network) S/USD	L +0.0001% / S +0.0006%	1h	0.04109	+0.218%	$2K	—	150x	as long as short
Injective S/USDC PERP	+0.0033%	1h	0.04100	0.000%	$2K	$37K	12x	as long as short
Orderly PERP_S_USDC	+0.0068%	4h	0.04107	+0.171%	$102K	$324K	10x	as long as short
Lighter S	+0.0096%	1h	0.04110	+0.244%	$172K	$157K	5x	as long as short

Show all 25 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid S	+0.0100%	1h	0.04107	+0.163%	$1.0M	$556K	5x	as long as short
Aster SUSDT	+0.0100%	4h	0.04106	+0.143%	$45K	$133K	10x	as long as short
Binance SUSDT	+0.0100%	4h	0.04105	+0.122%	$5.7M	$13.7M	75x	as long as short
Bybit SUSDT	+0.0100%	4h	0.04100	0.000%	$5.9M	$4.5M	50x	as long as short
OKX S-USDT-SWAP	+0.0100%	4h	0.04100	0.000%	$1.1M	$4.0M	20x	as long as short
Gate S_USDT	+0.0100%	4h	0.04101	+0.024%	$337K	$201K	50x	as long as short
MEXC S_USDT	+0.0100%	4h	0.04104	+0.098%	$4.0M	$1.8M	200x	as long as short
KuCoin SUSDTM	+0.0100%	4h	0.04104	+0.098%	$1.9M	$2.7M	50x	as long as short
Bitget SUSDT	+0.0100%	4h	0.04104	+0.098%	$1.2M	$2.1M	50x	as long as short
BingX S-USDT	+0.0100%	4h	0.04104	+0.098%	—	$6.7M	—	as long as short
ApeX Omni SUSDTlong	+0.0100%	1h	0.04100	long leg	$25K	$453K	50x
Extended S-USD	+0.0104%	1h	0.04102	+0.040%	$231K	$1.1M	10x	as long as short
BloFin S-USDT	+0.0340%	4h	0.04098	−0.049%	$281K	$104K	75x	as long as short
Deribit S_USDC-PERPETUAL	+0.0480%	1h	0.04110	+0.244%	$69K	$10K	10x	as long as short
Backpack S_USDC_PERP	+0.1530%	1h	0.04110	+0.244%	$121K	$374K	5x	as long as short