S

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC−0.2098%/8h= −229.7% APRnext payment −$2.62 per $10,000 · paid last 24h −2.060%

Price spread now: 01 Exchange against GMX−1.563%47s7-day average — · you buy dearer than you sell

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

Long on GMX Short on 01 Exchange

What this pair did over the last

the charts below follow

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 against this trade now: funding costs −$63 a day on $10k at the current rate, and 01 Exchange is 1.563% cheaper against GMX than usual: you would sell low and buy high (−$156 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 47 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	GMX S/USD [WBTC.b-USDC]	0.04460	L −0.0206% / S +0.0198%	get 0.0026% / 1h	21m 55s	$2K	—	100x
Short	01 Exchange SUSD	0.04390	−0.2304	pay 0.0288% / 1h	21m 55s	$26K	$3K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

01 Exchange 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 01 ExchangebpOrdersPrice spread, now −1.563%Rate

Funding earned: −$440.6
Price spread: −1.563% → 0.000%: −$156.29
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Net: −$615.89
Costs to cover: 0.190%
Break-even: never at this rate

Slippage unknown: GMX: no order-book sample; 01 Exchange: 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 01 Exchange no order-book sample	—	—	—	—	—

GMX and 01 Exchange: 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
Kraken Futures PF_SUSD	−0.2541%	1h	0.04466	+0.142%	$38K	$20K	10x	as long as short
01 Exchange SUSDshort	−0.2304%	1h	0.04390	−1.563%	$26K	$3K	5x
Coinbase International S-PERP-INTX	−0.1248%	1h	0.04308	−3.402%	$53K	$18K	25x	as long as short
GMX S/USD [WBTC.b-USDC]long	L −0.0206% / S +0.0198%	1h	0.04460	long leg	$2K	—	100x
Variational Omni S	−0.0102%	4h	0.04403	−1.268%	$682K	$7K	—	as long as short
Reya SRUSDPERP	−0.0101%	1h	0.04461	+0.020%	$4	—	15x	as long as short
Deribit S_USDC-PERPETUAL	0.0000%	1h	0.04473	+0.298%	$75K	$11K	10x	as long as short
gTrade (Gains Network) S/USD	L +0.0001% / S +0.0006%	1h	0.04472	+0.278%	$688	—	150x	as long as short
Injective S/USDC PERP	+0.0033%	1h	0.04100	−8.066%	$2K	$37K	12x	as long as short
Orderly PERP_S_USDC	+0.0067%	4h	0.04469	+0.209%	$111K	$639K	10x	as long as short

Show all 25 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter S	+0.0096%	1h	0.04469	+0.209%	$191K	$100K	5x	as long as short
Hyperliquid S	+0.0100%	1h	0.04468	+0.188%	$1.1M	$737K	5x	as long as short
Aster SUSDT	+0.0100%	4h	0.04471	+0.248%	$49K	$186K	10x	as long as short
Binance SUSDT	+0.0100%	4h	0.04471	+0.244%	$6.7M	$17.3M	75x	as long as short
Bybit SUSDT	+0.0100%	4h	0.04462	+0.052%	$6.4M	$4.9M	50x	as long as short
OKX S-USDT-SWAP	+0.0100%	4h	0.04466	+0.141%	$1.3M	$5.2M	20x	as long as short
Gate S_USDT	+0.0100%	4h	0.04467	+0.164%	$381K	$232K	50x	as long as short
MEXC S_USDT	+0.0100%	4h	0.04471	+0.253%	$4.7M	$2.4M	200x	as long as short
KuCoin SUSDTM	+0.0100%	4h	0.04468	+0.186%	$2.1M	$2.8M	50x	as long as short
Bitget SUSDT	+0.0100%	4h	0.04472	+0.276%	$1.3M	$2.7M	50x	as long as short
BingX S-USDT	+0.0100%	4h	0.04468	+0.186%	—	$7.0M	—	as long as short
ApeX Omni SUSDT	+0.0100%	1h	0.04380	−1.787%	$25K	$514K	50x	as long as short
Extended S-USD	+0.0104%	1h	0.04468	+0.183%	$245K	$1.3M	10x	as long as short
BloFin S-USDT	+0.0340%	4h	0.04461	+0.029%	$314K	$121K	75x	as long as short
Backpack S_USDC_PERP	+0.0710%	1h	0.04480	+0.455%	$105K	$474K	5x	as long as short