S

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0200%/8h= +21.9% APRnext payment +$0.25 per $10,000 · paid last 24h +0.078%

Price spread now: gTrade (Gains Network) against GMX+0.020%7-day average — · you sell dearer than you buy

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

Long on GMX Short on gTrade (Gains Network)

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

Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and gTrade (Gains Network) is 0.020% dearer against GMX than usual: you sell high and buy low: +$2 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GMX S/USD [WBTC.b-USDC]	0.03965	L −0.0206% / S +0.0198%	get 0.0026% / 1h	19m 53s	$1K	—	100x
Short	gTrade (Gains Network) S/USD	0.03966	L +0.0001% / S +0.0006%	pay 0.0001% / 1h	19m 53s	$611	—	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against GMX. 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 GMXbpFee gTrade (Gains Network)bpOrdersPrice spread, now +0.020%Rate

Funding earned: $41.96
Price spread: +0.020% → 0.000%: $2.02
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Net: $21.98
Costs to cover: 0.220%
Break-even: 3.3 days

Slippage unknown: GMX: no order-book sample; gTrade (Gains Network): 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 GMX no order-book sample	—	—	—	—	—
Sell gTrade (Gains Network) no order-book sample	—	—	—	—	—

GMX and gTrade (Gains Network): 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	−0.4056%	1h	0.03840	−3.157%	$24K	$2K	5x	as long as short
Kraken Futures PF_SUSD	−0.2249%	1h	0.03960	−0.129%	$33K	$13K	10x	as long as short
Coinbase International S-PERP-INTX	−0.1344%	1h	0.03927	−0.963%	$48K	$16K	25x	as long as short
GMX S/USD [WBTC.b-USDC]long	L −0.0206% / S +0.0198%	1h	0.03965	long leg	$1K	—	100x
Reya SRUSDPERP	−0.0101%	1h	0.03963	−0.059%	$4	—	15x	as long as short
Variational Omni S	−0.0001%	4h	0.03960	−0.136%	$614K	$30K	—	as long as short
gTrade (Gains Network) S/USDshort	L +0.0001% / S +0.0006%	1h	0.03966	+0.020%	$611	—	150x
Injective S/USDC PERP	+0.0033%	1h	0.04100	+3.400%	$2K	$37K	12x	as long as short
Orderly PERP_S_USDC	+0.0081%	4h	0.03965	−0.005%	$98K	$290K	10x	as long as short
Lighter S	+0.0096%	1h	0.03970	+0.121%	$168K	$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	0.03963	−0.048%	$993K	$590K	5x	as long as short
Aster SUSDT	+0.0100%	4h	0.03966	+0.020%	$46K	$142K	10x	as long as short
Binance SUSDT	+0.0100%	4h	0.03962	−0.078%	$5.5M	$13.8M	75x	as long as short
Bybit SUSDT	+0.0100%	4h	0.03957	−0.207%	$5.7M	$4.5M	50x	as long as short
OKX S-USDT-SWAP	+0.0100%	4h	0.03961	−0.106%	$984K	$3.8M	20x	as long as short
Gate S_USDT	+0.0100%	4h	0.03961	−0.106%	$322K	$191K	50x	as long as short
MEXC S_USDT	+0.0100%	4h	0.03963	−0.055%	$3.6M	$1.7M	200x	as long as short
KuCoin SUSDTM	+0.0100%	4h	0.03963	−0.055%	$1.8M	$2.7M	50x	as long as short
Bitget SUSDT	+0.0100%	4h	0.03966	+0.020%	$1.2M	$2.3M	50x	as long as short
BingX S-USDT	+0.0100%	4h	0.03962	−0.081%	—	$6.8M	—	as long as short
ApeX Omni SUSDT	+0.0100%	1h	0.03970	+0.121%	$24K	$463K	50x	as long as short
Extended S-USD	+0.0104%	1h	0.03960	−0.127%	$225K	$676K	10x	as long as short
BloFin S-USDT	+0.0340%	4h	0.03960	−0.131%	$271K	$102K	75x	as long as short
Deribit S_USDC-PERPETUAL	+0.1011%	1h	0.03970	+0.121%	$67K	$10K	10x	as long as short
Backpack S_USDC_PERP	+0.1469%	1h	0.03970	+0.121%	$115K	$422K	5x	as long as short