Funding you earn now, next payment 16:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.028%
Price spread now: KuCoin against Gate−0.090%7-day average −0.114% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,019as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,026as in the Price arb table
costs, in and out, $10k−$1,02810.284% of the position
Funding, last 7 days+0.097%+$10 on $10k
+Price spread, last 4 days (all we have)+0.023%+$2 · spread now −0.090%, 7d avg −0.114%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and KuCoin is 0.024% dearer against Gate than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of −0.114%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate GME_USDT | 23.441 | 0 | get 0.0000% / 8h | 7h 41m | $477K | $21K | 20x |
| Short | KuCoin GMEUSDTM | 23.420 | 0.0100 | get 0.0100% / 8h | 7h 41m | $160K | $1.0M | 20x |
Gate GME_USDT
KuCoin GMEUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Gate. 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: −0.090% → −0.114%
- $2.42
- Slippage, 4 orders
- −$1,001.43
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$1,005.01
- Costs to cover
- 10.284%
- Break-even
- 342.0 days
Slippage from Gate: live order book, 55 min ago; KuCoin: live order book, 3 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 Gate live order book, 55 min ago | 16.57 bp | 96.6 bp −$97 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 3 min ago | 4.27 bp | 369.8 bp −$370 | 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 | 23.468 | +0.117% | $11K | $20K | 20x | as long as short |
| Binance GMEUSDT | 0.0000% | 8h | 23.455 | +0.062% | $1.0M | $5.2M | 20x | as long as short |
| OKX GME-USDT-SWAP | 0.0000% | 8h | 23.440 | −0.004% | $304K | $202K | 20x | as long as short |
| Gate GME_USDTlong | 0.0000% | 8h | 23.441 | long leg | $477K | $21K | 20x | |
| Bitget GMEUSDT | 0.0000% | 8h | 23.460 | +0.081% | $360K | $810K | 20x | as long as short |
| Variational Omni GME | 0.0000% | 8h | 23.431 | −0.042% | $210K | $258K | — | as long as short |
| SunX GME-USDT | 0.0000% | 8h | 23.440 | −0.004% | — | $2.3M | 10x | as long as short |
| HTX GME-USDT | 0.0000% | 8h | 23.500 | +0.252% | $12K | $10K | 10x | as long as short |
| Lighter GME | +0.0032% | 1h | 23.425 | −0.068% | — | — | 10x | as long as short |
| Arcus GME-USD | +0.0040% | 1h | 23.440 | −0.004% | $1K | $7K | 10x | as long as short |
Aster GMEUSDT
Binance GMEUSDT
OKX GME-USDT-SWAP
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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin GMEUSDTMshort | +0.0100% | 8h | 23.420 | −0.090% | $160K | $1.0M | 20x | |
| Injective GME/USDC PERP | +0.0220% | 1h | 23.770 | +1.404% | $3K | $26K | 5.5x | as long as short |
| tradeXYZ xyz:GME | +0.0356% | 1h | 23.445 | +0.017% | $3.6M | $2.6M | 10x | as long as short |
Injective GME/USDC PERP
tradeXYZ xyz:GME