Funding you earn now, next payment 10:00 UTC+0.2642%/8h= +289.3% APRnext payment +$3.30 per $10,000 · paid last 24h +2.073%
Price spread now: GMX against 01 Exchange+1.367%7-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 +$79 a day on $10k at the current rate, and GMX is 1.367% dearer against 01 Exchange than usual: you sell high and buy low: +$137 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 | 01 Exchange SUSD | 0.04360 | −0.2840 | get 0.0355% / 1h | 55m 02s | $26K | $3K | 5x |
| Short | GMX S/USD [WBTC.b-USDC] | 0.04420 | L −0.0206% / S +0.0198% | pay 0.0025% / 1h | 55m 02s | $2K | — | 100x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX against 01 Exchange. 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
- $554.81
- Price spread: +1.367% → 0.000%
- $136.7
- Slippage, 4 orders
- no order book: not counted
- Fee 01 Exchange: 3.5 bp × 2 orders
- −$7
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- $672.51
- Costs to cover
- 0.190%
- Break-even
- from the start
Slippage unknown: 01 Exchange: no order-book sample; 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 01 Exchange no order-book sample | — | — | — | — | — |
| Sell GMX no order-book sample | — | — | — | — | — |
01 Exchange and 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 SUSDlong | −0.2840% | 1h | 0.04360 | long leg | $26K | $3K | 5x | |
| Kraken Futures PF_SUSD | −0.2164% | 1h | 0.04383 | +0.535% | $38K | $23K | 10x | as long as short |
| Coinbase International S-PERP-INTX | −0.1328% | 1h | 0.04128 | −5.321% | $50K | $18K | 25x | as long as short |
| GMX S/USD [WBTC.b-USDC]short | L −0.0206% / S +0.0198% | 1h | 0.04420 | +1.367% | $2K | — | 100x | |
| Variational Omni S | −0.0109% | 4h | 0.04434 | +1.700% | $688K | $7K | — | as long as short |
| Reya SRUSDPERP | −0.0101% | 1h | 0.04412 | +1.200% | $4 | — | 15x | as long as short |
| gTrade (Gains Network) S/USD | L +0.0001% / S +0.0006% | 1h | 0.04455 | +2.173% | $687 | — | 150x | as long as short |
| Injective S/USDC PERP | +0.0033% | 1h | 0.04100 | −5.963% | $2K | $37K | 12x | as long as short |
| Orderly PERP_S_USDC | +0.0062% | 4h | 0.04422 | +1.422% | $110K | $648K | 10x | as long as short |
| Lighter S | +0.0096% | 1h | 0.04419 | +1.353% | $154K | $144K | 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 | 0.04423 | +1.452% | $1.2M | $815K | 5x | as long as short |
| Aster SUSDT | +0.0100% | 4h | 0.04424 | +1.468% | $47K | $183K | 10x | as long as short |
| Binance SUSDT | +0.0100% | 4h | 0.04417 | +1.307% | $6.6M | $18.3M | 75x | as long as short |
| Bybit SUSDT | +0.0100% | 4h | 0.04409 | +1.124% | $6.3M | $5.1M | 50x | as long as short |
| OKX S-USDT-SWAP | +0.0100% | 4h | 0.04416 | +1.284% | $1.2M | $5.5M | 20x | as long as short |
| Gate S_USDT | +0.0100% | 4h | 0.04416 | +1.284% | $372K | $211K | 50x | as long as short |
| MEXC S_USDT | +0.0100% | 4h | 0.04418 | +1.330% | $4.6M | $2.6M | 200x | as long as short |
| KuCoin SUSDTM | +0.0100% | 4h | 0.04415 | +1.261% | $2.0M | $2.9M | 50x | as long as short |
| Bitget SUSDT | +0.0100% | 4h | 0.04418 | +1.330% | $1.3M | $2.8M | 50x | as long as short |
| BingX S-USDT | +0.0100% | 4h | 0.04422 | +1.422% | — | $7.0M | — | as long as short |
| ApeX Omni SUSDT | +0.0100% | 1h | 0.04470 | +2.523% | $26K | $517K | 50x | as long as short |
| Extended S-USD | +0.0104% | 1h | 0.04412 | +1.196% | $243K | $1.3M | 10x | as long as short |
| Deribit S_USDC-PERPETUAL | +0.0202% | 1h | 0.04427 | +1.537% | $74K | $512 | 10x | as long as short |
| BloFin S-USDT | +0.0340% | 4h | 0.04420 | +1.376% | $314K | $202K | 75x | as long as short |
| Backpack S_USDC_PERP | +0.1752% | 1h | 0.04430 | +1.606% | $104K | $473K | 5x | as long as short |
01 Exchange SUSD
GMX S/USD [WBTC.b-USDC]
Kraken Futures PF_SUSD
Coinbase International S-PERP-INTX
Variational Omni S
gTrade (Gains Network) S/USD
Injective S/USDC PERP
Lighter S
Hyperliquid S
Aster SUSDT
Binance SUSDT
Bybit SUSDT
OKX S-USDT-SWAP
Gate S_USDT
MEXC S_USDT
KuCoin SUSDTM
Bitget SUSDT
BingX S-USDT
ApeX Omni SUSDT
Extended S-USD
Deribit S_USDC-PERPETUAL
BloFin S-USDT
Backpack S_USDC_PERP