Settings8H · net · $10k
Funding arb · Price arb /

S

all S markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0302%/8h= −33.1% APRnext payment $0.38 per $10,000 · paid last 24h −0.091%
Price spread now: GMX against Extended−0.016%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
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 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropExtended: Active · farm boardneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$9 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended S-USD0.040220.0104pay 0.0013% / 1h46m 10s$225K$1.1M10x
ShortGMX S/USD [WBTC.b-USDC]0.04022L −0.0206% / S +0.0198%pay 0.0025% / 1h46m 10s$1K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX against Extended. 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

Funding earned
−$63.43
Price spread: −0.016% → 0.000%
−$1.55
Slippage, 4 orders
no order book: not counted
Fee Extended: 2.5 bp × 2 orders
−$5
Fee GMX: 6 bp × 2 orders
−$12
Net
−$81.98
Costs to cover
0.170%
Break-even
never at this rate
Slippage unknown: Extended: live order book, 2 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
LegHalf-spread$10k$100k$1M$5M
Buy Extended live order book, 2 min ago3.74 bp35.0 bp −$35243.8 bp −$2,438doesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
01 Exchange SUSD−0.7688%1h0.03850−4.282%$24K$2K5xas long as short
Coinbase International S-PERP-INTX−0.1464%1h0.03946−1.895%$49K$5K25xas long as short
Kraken Futures PF_SUSD−0.1260%1h0.04022+0.006%$34K$23K10xas long as short
Variational Omni S−0.0553%4h0.04015−0.170%$624K$30Kas long as short
GMX S/USD [WBTC.b-USDC]shortL −0.0206% / S +0.0198%1h0.04022−0.016%$1K100x
Reya SRUSDPERP−0.0101%1h0.04019−0.071%$415xas long as short
gTrade (Gains Network) S/USDL +0.0001% / S +0.0006%1h0.04023+0.019%$2K150xas long as short
Injective S/USDC PERP+0.0033%1h0.04100+1.934%$2K$37K12xas long as short
Orderly PERP_S_USDC+0.0039%4h0.04021−0.030%$101K$329K10xas long as short
Lighter S+0.0096%1h0.04026+0.094%$166K$165K5xas long as short
Show all 25 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid S+0.0100%1h0.04026+0.086%$1.0M$611K5xas long as short
Aster SUSDT+0.0100%4h0.04024+0.048%$44K$137K10xas long as short
Binance SUSDT+0.0100%4h0.04024+0.044%$5.5M$15.4M75xas long as short
Bybit SUSDT+0.0100%4h0.04022−0.006%$5.7M$4.9M50xas long as short
OKX S-USDT-SWAP+0.0100%4h0.04026+0.094%$1.0M$4.5M20xas long as short
Gate S_USDT+0.0100%4h0.04022−0.006%$331K$199K50xas long as short
MEXC S_USDT+0.0100%4h0.04027+0.119%$3.7M$1.8M200xas long as short
KuCoin SUSDTM+0.0100%4h0.04022−0.006%$1.9M$2.9M50xas long as short
Bitget SUSDT+0.0100%4h0.04028+0.144%$1.2M$2.4M50xas long as short
BingX S-USDT+0.0100%4h0.04026+0.094%$6.7Mas long as short
ApeX Omni SUSDT+0.0100%1h0.04020−0.055%$26K$448K50xas long as short
Extended S-USDlong+0.0104%1h0.04022long leg$225K$1.1M10x
BloFin S-USDT+0.0340%4h0.04024+0.044%$272K$122K75xas long as short
Deribit S_USDC-PERPETUAL+0.0993%1h0.04029+0.168%$68K$10K10xas long as short
Backpack S_USDC_PERP+0.1026%1h0.04040+0.442%$117K$333K5xas long as short