Funding you earn now, next payment 04:00 UTC−0.0040%/8h= −4.4% APRpaid last 24h −0.012%
Price spread now: Binance against Arcus+0.233%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
The price spread pays, funding is against you. Binance is 0.233% dearer against Arcus than usual: you sell high and buy low (spread +0.233% now, against zero (this spread has no 7-day history yet)): +$23 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 19 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Arcus GME-USD | 23.710 | 0.0040 | pay 0.0005% / 1h | 21m 30s | $1K | $7K | 10x |
| Short | Binance GMEUSDT | 23.765 | 0 | get 0.0000% / 8h | 4h 21m | $1.2M | $7.0M | 20x |
Arcus GME-USD
Binance GMEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Arcus. 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
- −$8.46
- Price spread: +0.233% → 0.000%
- $23.29
- Slippage, 4 orders
- no order book: not counted
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $0.33
- Costs to cover
- 0.145%
- Break-even
- from the start
Slippage unknown: Arcus: no order-book sample; Binance: live order book, 2 min ago. 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 Arcus no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 2 min ago | 4.21 bp | 16.4 bp −$16 | 46.8 bp −$468 | doesn't fit | doesn't fit |
Arcus: 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.
GME on 13 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster GMEUSDT | 0.0000% | 8h | 23.749 | +0.166% | $11K | $20K | 20x | as long as short |
| Binance GMEUSDTshort | 0.0000% | 8h | 23.765 | +0.233% | $1.2M | $7.0M | 20x | |
| OKX GME-USDT-SWAP | 0.0000% | 8h | 23.760 | +0.211% | $305K | $224K | 20x | as long as short |
| Gate GME_USDT | 0.0000% | 8h | 23.687 | −0.097% | $483K | $25K | 20x | as long as short |
| Bitget GMEUSDT | 0.0000% | 8h | 23.730 | +0.084% | $358K | $1.5M | 20x | as long as short |
| Variational Omni GME | 0.0000% | 8h | 23.726 | +0.066% | $218K | $266K | — | as long as short |
| SunX GME-USDT | 0.0000% | 8h | 23.720 | +0.042% | — | $2.4M | 10x | as long as short |
| HTX GME-USDT | 0.0000% | 8h | 23.760 | +0.211% | $12K | $10K | 10x | as long as short |
| Lighter GME | +0.0032% | 1h | 23.739 | +0.122% | — | — | 10x | as long as short |
| Arcus GME-USDlong | +0.0040% | 1h | 23.710 | long leg | $1K | $7K | 10x |
Aster GMEUSDT
OKX GME-USDT-SWAP
Gate GME_USDT
Bitget GMEUSDT
Variational Omni GME
SunX GME-USDT
HTX GME-USDT
Lighter GMEShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin GMEUSDTM | +0.0100% | 8h | 23.730 | +0.084% | $163K | $996K | 20x | as long as short |
| Injective GME/USDC PERP | +0.0220% | 1h | 23.930 | +0.928% | $3K | $26K | 5.5x | as long as short |
| tradeXYZ xyz:GME | +0.1879% | 1h | 23.729 | +0.080% | $3.6M | $3.3M | 10x | as long as short |
KuCoin GMEUSDTM
Injective GME/USDC PERP
tradeXYZ xyz:GME