Funding you earn now, next payment 01:00 UTC−0.0290%/8h= −31.7% APRnext payment −$0.36 per $10,000 · paid last 24h −0.081%
Price spread now: gTrade (Gains Network) against GMX+0.033%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
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
The price spread pays, funding is against you. gTrade (Gains Network) is 0.033% dearer against GMX than usual: you sell high and buy low (spread +0.033% now, against zero (this spread has no 7-day history yet)): +$3 on $10k if it goes back. Holding the pair costs −$9 a day in funding at the current rate, which eats that in about 9 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX VIRTUAL/USD [WBTC.b-USDC] | 0.7306 | L +0.0300% / S −0.0228% | pay 0.0037% / 1h | 55m 07s | $31K | — | 100x |
| Short | gTrade (Gains Network) VIRTUAL/USD | 0.7308 | L +0.0007% / S −0.0010% | get 0.0001% / 1h | 55m 07s | $9K | — | 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$60.85
- Price spread: +0.033% → 0.000%
- $3.29
- 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
- −$79.56
- Costs to cover
- 0.220%
- Break-even
- never at this rate
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.
VIRTUAL on 33 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit VIRTUAL_USDC-PERPETUAL | −0.0571% | 1h | 0.7304 | −0.025% | $15K | $40K | 10x | as long as short |
| Reya VIRTUALRUSDPERP | −0.0139% | 1h | 0.7307 | +0.016% | $24 | — | 10x | as long as short |
| 01 Exchange VIRTUALUSD | −0.0080% | 1h | 0.7312 | +0.084% | $2K | $131 | 10x | as long as short |
| Gate VIRTUAL_USDT | −0.0080% | 4h | 0.7313 | +0.098% | $1.5M | $2.9M | 75x | as long as short |
| Phoenix VIRTUAL | −0.0066% | 1h | 0.7325 | +0.261% | $12K | $40K | 5x | as long as short |
| gTrade (Gains Network) VIRTUAL/USDshort | L +0.0007% / S −0.0010% | 1h | 0.7308 | +0.033% | $9K | — | 150x | |
| SoDEX VIRTUAL-USD | +0.0032% | 1h | 0.7305 | −0.014% | $1K | $9K | 5x | as long as short |
| Injective VIRTUAL/USDC PERP | +0.0033% | 1h | 0.7117 | −2.585% | $46 | $88K | 5.5x | as long as short |
| Lighter VIRTUAL | +0.0056% | 1h | 0.7300 | −0.084% | $332K | $414K | 5x | as long as short |
| Orderly PERP_VIRTUAL_USDC | +0.0089% | 4h | 0.7304 | −0.025% | $14K | $1.5M | 10x | as long as short |
Show all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster VIRTUALUSDT | +0.0100% | 4h | 0.7311 | +0.072% | $200K | $104K | 20x | as long as short |
| Pacifica VIRTUAL | +0.0100% | 1h | 0.7324 | +0.254% | $72K | $45K | 5x | as long as short |
| Binance VIRTUALUSDT | +0.0100% | 4h | 0.7310 | +0.059% | $16.7M | $39.5M | 75x | as long as short |
| Bybit VIRTUALUSDT | +0.0100% | 4h | 0.7312 | +0.084% | $16.3M | $16.9M | 50x | as long as short |
| OKX VIRTUAL-USDT-SWAP | +0.0100% | 4h | 0.7319 | +0.180% | $2.9M | $9.6M | 20x | as long as short |
| MEXC VIRTUAL_USDT | +0.0100% | 4h | 0.7312 | +0.084% | $18.3M | $4.1M | 100x | as long as short |
| KuCoin VIRTUALUSDTM | +0.0100% | 4h | 0.7314 | +0.112% | $4.4M | $4.2M | 50x | as long as short |
| Bitget VIRTUALUSDT | +0.0100% | 4h | 0.7322 | +0.221% | $6.4M | $5.6M | 25x | as long as short |
| BingX VIRTUAL-USDT | +0.0100% | 4h | 0.7317 | +0.153% | — | $8.2M | — | as long as short |
| Backpack VIRTUAL_USDC_PERP | +0.0100% | 1h | 0.7316 | +0.139% | $248K | $168K | 10x | as long as short |
| Variational Omni VIRTUAL | +0.0100% | 4h | 0.7357 | +0.693% | $547K | $892K | — | as long as short |
| edgeX VIRTUALUSDC | +0.0100% | 4h | 0.7324 | +0.243% | $19K | $257K | 10x | as long as short |
| GRVT VIRTUAL_USDT_Perp | +0.0100% | 4h | 0.7354 | +0.659% | $653K | $915K | 10x | as long as short |
| ApeX Omni VIRTUALUSDT | +0.0100% | 1h | 0.7327 | +0.289% | $40K | $244K | 50x | as long as short |
| Polymarket Perps VIRTUAL-USD | +0.0100% | 1h | 0.7318 | +0.168% | $48K | $1.0M | 5x | as long as short |
| SunX VIRTUAL-USDT | +0.0100% | 4h | 0.7304 | −0.025% | $2K | $1.3M | 20x | as long as short |
| Extended VIRTUAL-USD | +0.0104% | 1h | 0.7301 | −0.065% | $55K | $246K | 10x | as long as short |
| Aevo VIRTUAL-PERP | +0.0104% | 1h | 0.7307 | +0.018% | $18K | — | 3x | as long as short |
| Hyperliquid VIRTUAL | +0.0207% | 1h | 0.7324 | +0.248% | $9.1M | $4.0M | 5x | as long as short |
| GMX VIRTUAL/USD [WBTC.b-USDC]long | L +0.0300% / S −0.0228% | 1h | 0.7306 | long leg | $31K | — | 100x | |
| BloFin VIRTUAL-USDT | +0.0340% | 4h | 0.7310 | +0.057% | $814K | $847K | 75x | as long as short |
| Coinbase International VIRTUAL-PERP-INTX | +0.0448% | 1h | 0.7339 | +0.454% | $199K | $94K | 50x | as long as short |
| Kraken Futures PF_VIRTUALUSD | +0.0739% | 1h | 0.7320 | +0.190% | $610K | $604K | 50x | as long as short |
GMX VIRTUAL/USD [WBTC.b-USDC]
gTrade (Gains Network) VIRTUAL/USD
Deribit VIRTUAL_USDC-PERPETUAL
01 Exchange VIRTUALUSD
Gate VIRTUAL_USDT
Phoenix VIRTUAL
SoDEX VIRTUAL-USD
Injective VIRTUAL/USDC PERP
Lighter VIRTUAL
Aster VIRTUALUSDT
Pacifica VIRTUAL
Binance VIRTUALUSDT
Bybit VIRTUALUSDT
OKX VIRTUAL-USDT-SWAP
MEXC VIRTUAL_USDT
KuCoin VIRTUALUSDTM
Bitget VIRTUALUSDT
BingX VIRTUAL-USDT
Backpack VIRTUAL_USDC_PERP
Variational Omni VIRTUAL
edgeX VIRTUALUSDC
GRVT VIRTUAL_USDT_Perp
ApeX Omni VIRTUALUSDT
Polymarket Perps VIRTUAL-USD
SunX VIRTUAL-USDT
Extended VIRTUAL-USD
Hyperliquid VIRTUAL
BloFin VIRTUAL-USDT
Coinbase International VIRTUAL-PERP-INTX
Kraken Futures PF_VIRTUALUSD