GMX funding rates and arbitrage
Updated 2026-10-30 00:17 UTC
Best GMX arbitrage after every cost
No GMX pair nets a profit at this size right now.
At $10,000 per side, held 7 days, after taker fees, order-book slippage and carry.
GMX funding rate on every exchange
| Exchange | Contract | Rate | Every | Annualised | Settled 7d, annualised | Open interest | Next settlement |
|---|---|---|---|---|---|---|---|
| KuCoin | GMXUSDTM | 0.0100% | 8 h | +10.9% | +11.5% | $246.9K | 2026-10-30 08:00 |
| WhiteBIT | GMX_PERP | 0.0100% | 8 h | +10.9% | +11.5% | $729.5K | 2026-10-30 08:00 |
| OKX | GMX-USDT-SWAP | 0.0100% | 8 h | +10.9% | +11.1% | $354.2K | 2026-10-30 08:00 |
| Bitget | GMXUSDT | 0.0100% | 8 h | +10.9% | +10.2% | $493.6K | 2026-10-30 08:00 |
| BingX | GMX-USDT | 0.0100% | 8 h | +10.9% | +11.1% | $725.5K | 2026-10-30 08:00 |
| Variational | GMX-PERP | 0.0100% | 8 h | +10.9% | — | $24.4K | 2026-10-30 08:00 |
| TXFlow | GMX-USDC | 0.0013% | 1 h | +10.9% | — | $10.2K | 2026-10-30 01:00 |
| Gate | GMX_USDT | 0.0100% | 8 h | +10.9% | +6.2% | $102.4K | 2026-10-30 08:00 |
| Hyperliquid | GMX | 0.0013% | 1 h | +10.9% | +11.0% | $789.5K | 2026-10-30 01:00 |
| Lighter | GMX | 0.0012% | 1 h | +10.5% | +10.6% | $68.7K | 2026-10-30 01:00 |
| Bitunix | GMXUSDT | -0.0015% | 8 h | −1.7% | +9.7% | — | 2026-10-30 08:00 |
| BloFin | GMX-USDT | -0.0020% | 8 h | −2.2% | +9.7% | $145.2K | 2026-10-30 08:00 |
| MEXC | GMX_USDT | -0.0026% | 8 h | −2.8% | +9.6% | $265K | 2026-10-30 08:00 |
| WOO X | PERP_GMX_USDT | -0.0027% | 8 h | −2.9% | +9.6% | $334 | 2026-10-30 08:00 |
| LBank | GMXUSDT | -0.0027% | 8 h | −2.9% | — | — | 2026-10-30 08:00 |
| Binance | GMXUSDT | -0.0027% | 8 h | −2.9% | +9.6% | $3.6M | 2026-10-30 08:00 |
| Bybit | GMXUSDT | -0.0394% | 8 h | −43.1% | +6.3% | $585.4K | 2026-10-30 08:00 |
Borrow GMX to sell spot
| Exchange | Borrow APR | Per-account limit |
|---|---|---|
| Bitget | 1.63% | — |
| Bybit | 6.03% | — |
| OKX | 8.15% | — |
| Binance | 58.50% | — |
Cost to enter $10,000 of GMX
| Exchange | Contract | Fee + slippage | Source |
|---|---|---|---|
| MEXC | GMX_USDT | 2.6 bp | top of book only |
| Binance | GMXUSDT | 6.3 bp | top of book only |
| Gate | GMX_USDT | 8.1 bp | top of book only |
| BloFin | GMX-USDT | 9.2 bp | top of book only |
| BingX | GMX-USDT | 10.8 bp | top of book only |
| Variational | GMX-PERP | 11.7 bp | top of book only |
| OKX | GMX-USDT-SWAP | 12.8 bp | top of book only |
| Bitget | GMXUSDT | 14.4 bp | top of book only |
| Bybit | GMXUSDT | 15.8 bp | top of book only |
| Bitget | GMXUSDT (spot) | 20.9 bp | top of book only |
| Bybit | GMXUSDT (spot) | 21.6 bp | top of book only |
| OKX | GMX-USDT (spot) | 22.2 bp | top of book only |
Taker fee plus slippage of a market buy of $10,000 from the mid price, at standard (VIP0) fees.
More on GMX
Questions
Is GMX funding-rate arbitrage profitable right now?
Not at $10,000 per side for 7 days: no GMX pair shows a verified profit after fees and order-book slippage right now. Rates change every hour; the live page re-ranks continuously.
Which exchange has the highest GMX funding rate?
KuCoin at +10.9% a year (0.0100% every 8 h); the lowest is Bybit at −43.1%. A positive rate is paid by longs to shorts, a negative one by shorts to longs.
The method behind every number on AfterFees is published; Pro opens each figure into its line-by-line calculation. Estimates from current data, not investment advice. We never hold funds or trade for you.