Settings8H · net · $10k
Funding arb · Price arb /

GME

RWAall GME markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0220%/8h= +24.1% APRpaid last 24h +0.060%
Price spread now: Injective against Binance+0.632%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Injective is 0.632% dearer against Binance than usual: you sell high and buy low: +$63 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance GMEUSDT23.5810get 0.0000% / 8h5h 11m$1.1M$7.3M20x
ShortInjective GME/USDC PERP23.7300.0220get 0.0028% / 1h11m 14s$3K$26K5.5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective against Binance. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$46.2
Price spread: +0.632% → 0.000%
$63.22
Slippage, 4 orders
no order book: not counted
Fee Binance: 5 bp × 2 orders
−$10
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
$99.4
Costs to cover
0.100%
Break-even
from the start
Slippage unknown: Binance: live order book, 13 min ago; Injective: 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
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 13 min ago2.13 bp14.8 bp −$1559.2 bp −$592doesn't fitdoesn't fit
Sell Injective no order-book sample
Injective: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster GMEUSDT0.0000%8h23.5810.000%$11K$20K20xas long as short
Binance GMEUSDTlong0.0000%8h23.581long leg$1.1M$7.3M20x
OKX GME-USDT-SWAP0.0000%8h23.570−0.046%$303K$221K20xas long as short
Gate GME_USDT0.0000%8h23.545−0.152%$480K$27K20xas long as short
Bitget GMEUSDT0.0000%8h23.590+0.039%$365K$1.5M20xas long as short
Variational Omni GME0.0000%8h23.510−0.299%$216K$284Kas long as short
SunX GME-USDT0.0000%8h23.580−0.004%$2.4M10xas long as short
HTX GME-USDT0.0000%8h23.640+0.251%$12K$10K10xas long as short
Lighter GME+0.0032%1h23.570−0.046%10xas long as short
Arcus GME-USD+0.0040%1h23.550−0.131%$1K$7K10xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:GME+0.0050%1h23.564−0.072%$3.6M$3.7M10xas long as short
KuCoin GMEUSDTM+0.0100%8h23.570−0.046%$162K$1.0M20xas long as short
Injective GME/USDC PERPshort+0.0220%1h23.730+0.632%$3K$26K5.5x