Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.028%
Price spread now: KuCoin against Binance−0.043%7-day average −0.045% · you buy dearer than you sell
Net, funding: paid 7d − costs−$676as in the Funding arb table
Net, price: spread back to 7d avg − costs−$691as in the Price arb table
costs, in and out, $10k−$6926.916% of the position
Funding, last 7 days+0.153%+$15 on $10k
+Price spread, last 2 days (all we have)−0.053%−$5 · spread now −0.043%, 7d avg −0.045%
=The price spread sits at its 7-day average of −0.045%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance GMEUSDT | 23.460 | 0 | get 0.0000% / 8h | 6h 17m | $1.1M | $7.2M | 20x |
| Short | KuCoin GMEUSDTM | 23.450 | 0.0100 | get 0.0100% / 8h | 6h 17m | $160K | $991K | 20x |
Binance GMEUSDT
KuCoin GMEUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Binance. 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
- $21
- Price spread: −0.043% → −0.045%
- $0.24
- Slippage, 4 orders
- −$669.57
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$670.33
- Costs to cover
- 6.916%
- Break-even
- 230.4 days
Slippage from Binance: live order book, 7 min ago; KuCoin: live order book, 32 min ago.
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 Binance live order book, 7 min ago | 2.13 bp | 16.6 bp −$17 | 53.2 bp −$532 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 32 min ago | 8.52 bp | 379.5 bp −$379 | doesn't fit | doesn't fit | doesn't fit |
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 | 23.434 | −0.109% | $11K | $20K | 20x | as long as short |
| Binance GMEUSDTlong | 0.0000% | 8h | 23.460 | long leg | $1.1M | $7.2M | 20x | |
| OKX GME-USDT-SWAP | 0.0000% | 8h | 23.480 | +0.085% | $301K | $222K | 20x | as long as short |
| Gate GME_USDT | 0.0000% | 8h | 23.475 | +0.064% | $477K | $27K | 20x | as long as short |
| Bitget GMEUSDT | 0.0000% | 8h | 23.480 | +0.085% | $368K | $1.5M | 20x | as long as short |
| Variational Omni GME | 0.0000% | 8h | 23.451 | −0.039% | $218K | $282K | — | as long as short |
| SunX GME-USDT | 0.0000% | 8h | 23.450 | −0.043% | — | $2.5M | 10x | as long as short |
| HTX GME-USDT | 0.0000% | 8h | 23.480 | +0.085% | $12K | $10K | 10x | as long as short |
| Lighter GME | +0.0032% | 1h | 23.435 | −0.107% | — | — | 10x | as long as short |
| Arcus GME-USD | +0.0040% | 1h | 23.450 | −0.043% | $1K | $8K | 10x | as long as short |
Aster GMEUSDT
OKX GME-USDT-SWAP
Gate GME_USDT
Bitget GMEUSDT
Variational Omni GME
SunX GME-USDT
HTX GME-USDT
Lighter GME
Arcus GME-USDShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:GME | +0.0050% | 1h | 23.468 | +0.034% | $3.6M | $3.7M | 10x | as long as short |
| KuCoin GMEUSDTMshort | +0.0100% | 8h | 23.450 | −0.043% | $160K | $991K | 20x | |
| Injective GME/USDC PERP | +0.0220% | 1h | 23.730 | +1.151% | $3K | $26K | 5.5x | as long as short |
tradeXYZ xyz:GME
Injective GME/USDC PERP