Funding you earn now, next payment 09:00 UTC+0.0149%/8h= +16.3% APRpaid last 24h +0.044%
Price spread now: GMX against Gate+0.182%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 +$4 a day on $10k at the current rate, and GMX is 0.182% dearer against Gate than usual: you sell high and buy low: +$18 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 | Gate SKY_USDT | 0.06768 | 0.0100 | pay 0.0050% / 4h | 3h 01m | $574K | $313K | 50x |
| Short | GMX SKY/USD [ETH-USDC] | 0.06780 | L +0.0517% / S −0.0249% | get 0.0031% / 1h | 1m 46s | $80K | — | 50x |
Gate SKY_USDT
GMX SKY/USD [ETH-USDC]Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX against Gate. 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
- $31.19
- Price spread: +0.182% → 0.000%
- $18.17
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- $22.36
- Costs to cover
- 0.270%
- Break-even
- 2.0 days
Slippage unknown: Gate: live order book, 29 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 Gate live order book, 29 min ago | 5.18 bp | 81.2 bp −$81 | 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.
SKY on 18 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit SKYUSDT | −0.0094% | 4h | 0.06775 | +0.103% | $7.1M | $3.3M | 25x | as long as short |
| Variational Omni SKY | −0.0037% | 4h | 0.06776 | +0.124% | $181K | $94K | — | as long as short |
| Injective SKY/USDC PERP | +0.0033% | 1h | 0.06893 | +1.847% | $376 | $303K | 12x | as long as short |
| Lighter SKY | +0.0096% | 1h | 0.06778 | +0.152% | $178K | $107K | 10x | as long as short |
| Nado SKY-PERP | +0.0100% | 1h | 0.06774 | +0.096% | $67K | $35K | 5x | as long as short |
| Hyperliquid SKY | +0.0100% | 1h | 0.06790 | +0.319% | $2.8M | $914K | 3x | as long as short |
| Aster SKYUSDT | +0.0100% | 4h | 0.06785 | +0.255% | $41K | $45K | 20x | as long as short |
| Binance SKYUSDT | +0.0100% | 4h | 0.06778 | +0.148% | $15.1M | $11.7M | 75x | as long as short |
| OKX SKY-USDT-SWAP | +0.0100% | 4h | 0.06775 | +0.103% | $791K | $1.2M | 20x | as long as short |
| Gate SKY_USDTlong | +0.0100% | 4h | 0.06768 | long leg | $574K | $313K | 50x |
Bybit SKYUSDT
Variational Omni SKY
Injective SKY/USDC PERP
Lighter SKY
Nado SKY-PERP
Hyperliquid SKY
Aster SKYUSDT
Binance SKYUSDT
OKX SKY-USDT-SWAPShow all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC SKY_USDT | +0.0100% | 4h | 0.06778 | +0.148% | $998K | $270K | 100x | as long as short |
| KuCoin SKYUSDTM | +0.0100% | 4h | 0.06783 | +0.222% | $402K | $281K | 50x | as long as short |
| Bitget SKYUSDT | +0.0100% | 4h | 0.06776 | +0.118% | $2.8M | $1.5M | 75x | as long as short |
| BingX SKY-USDT | +0.0100% | 4h | 0.06774 | +0.089% | — | $2.5M | — | as long as short |
| ApeX Omni SKYUSDT | +0.0100% | 1h | 0.06786 | +0.266% | $34K | $651K | 50x | as long as short |
| Orderly PERP_SKY_USDC_mythos | +0.0100% | 4h | 0.06779 | +0.163% | $1K | $5K | 10x | as long as short |
| BloFin SKY-USDT | +0.0155% | 4h | 0.06783 | +0.222% | $573K | $25K | 75x | as long as short |
| GMX SKY/USD [ETH-USDC]short | L +0.0517% / S −0.0249% | 1h | 0.06780 | +0.182% | $80K | — | 50x |
MEXC SKY_USDT
KuCoin SKYUSDTM
Bitget SKYUSDT
BingX SKY-USDT
ApeX Omni SKYUSDT
Orderly PERP_SKY_USDC_mythos
BloFin SKY-USDT