Funding you earn now, next payment 04:00 UTC−0.0008%/8h= −0.9% APRnext payment −$0.01 per $10,000 · paid last 24h —
Price spread now: Lighter against Arcus+0.122%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Lighter is 0.122% dearer against Arcus than usual: you sell high and buy low, +$12 on $10k if it 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 | Arcus GME-USD | 23.710 | 0.0040 | pay 0.0005% / 1h | 16m 52s | $1K | $7K | 10x |
| Short | Lighter GME | 23.739 | 0.0032 | get 0.0004% / 1h | 16m 52s | — | — | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter 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
- −$1.74
- Price spread: +0.122% → 0.000%
- $12.23
- Slippage, 4 orders
- no order book: not counted
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $5.99
- Costs to cover
- 0.045%
- Break-even
- from the start
Slippage unknown: Arcus: no order-book sample; Lighter: 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 Arcus no order-book sample | — | — | — | — | — |
| Sell Lighter no order-book sample | — | — | — | — | — |
Arcus and Lighter: 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 | 23.747 | +0.154% | $11K | $20K | 20x | as long as short |
| Binance GMEUSDT | 0.0000% | 8h | 23.753 | +0.182% | $1.2M | $7.0M | 20x | as long as short |
| OKX GME-USDT-SWAP | 0.0000% | 8h | 23.720 | +0.042% | $305K | $224K | 20x | as long as short |
| Gate GME_USDT | 0.0000% | 8h | 23.686 | −0.101% | $483K | $25K | 20x | as long as short |
| Variational Omni GME | 0.0000% | 8h | 23.761 | +0.213% | $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 | 23.810 | +0.422% | $12K | $10K | 10x | as long as short |
| Bitget GMEUSDT | +0.0011% | 8h | 23.740 | +0.127% | $355K | $1.5M | 20x | as long as short |
| Lighter GMEshort | +0.0032% | 1h | 23.739 | +0.122% | — | — | 10x | |
| Arcus GME-USDlong | +0.0040% | 1h | 23.710 | long leg | $1K | $7K | 10x |
Show all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin GMEUSDTM | +0.0100% | 8h | 23.740 | +0.127% | $164K | $997K | 20x | as long as short |
| Injective GME/USDC PERP | +0.0220% | 1h | 23.970 | +1.097% | $3K | $26K | 5.5x | as long as short |
| tradeXYZ xyz:GME | +0.1864% | 1h | 23.733 | +0.097% | $3.6M | $3.3M | 10x | as long as short |
Lighter GME
Aster GMEUSDT
Binance GMEUSDT
OKX GME-USDT-SWAP
Gate GME_USDT
Variational Omni GME
SunX GME-USDT
HTX GME-USDT
Bitget GMEUSDT
KuCoin GMEUSDTM
Injective GME/USDC PERP
tradeXYZ xyz:GME