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

GME

RWAall GME markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0179%/8h= +19.6% APRpaid last 24h +0.020%
Price spread now: tradeXYZ against Gate−0.148%7-day average −0.002% · you buy dearer than you sell
Net, funding: paid 7d − costs−$368as in the Funding arb table
Net, price: spread back to 7d avg − costs−$402as in the Price arb table
costs, in and out, $10k−$3883.876% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.194%+$19 on $10k
Price spread, last 4 days (all we have)+0.124%+$12 · spread now −0.148%, 7d avg −0.002%
Together, before fees+0.317%+ Points / potential airdroptradeXYZ: Active · farm board+$32 on $10k · with fees, hour by hour
Funding pays, the price is against you. tradeXYZ is 0.145% cheaper against Gate than usual: you would sell low and buy high (spread −0.148% now, against its 7-day average of −0.002%). If the spread goes back, that is −$15 on $10k: about 2.7 days of funding at the current rate (+$5 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate GME_USDT23.7140get 0.0000% / 8h3h 43m$483K$24K20x
ShorttradeXYZ xyz:GME23.6790.0179get 0.0022% / 1h43m 29s$3.6M$3.1M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

tradeXYZ against Gate. 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
$37.64
Price spread: −0.148% → −0.002%
−$14.53
Slippage, 4 orders
−$354.6
Fee Gate: 7.5 bp × 2 orders
−$15
Fee tradeXYZ: 9 bp × 2 orders
−$18
Net
−$364.49
Costs to cover
3.876%
Break-even
74.8 days
Slippage from Gate: live order book, 7 min ago; tradeXYZ: live order book, 5 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Gate live order book, 7 min ago13.71 bp123.3 bp −$123doesn't fitdoesn't fitdoesn't fit
Sell tradeXYZ live order book, 5 min ago1.90 bp13.1 bp −$13doesn't fitdoesn't fitdoesn't fit

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%8h23.683−0.131%$11K$20K20xas long as short
Binance GMEUSDT0.0000%8h23.679−0.149%$1.2M$5.5M20xas long as short
OKX GME-USDT-SWAP0.0000%8h23.680−0.143%$304K$204K20xas long as short
Gate GME_USDTlong0.0000%8h23.714long leg$483K$24K20x
Variational Omni GME0.0000%8h23.681−0.140%$218K$265Kas long as short
SunX GME-USDT0.0000%8h23.670−0.186%$2.4M10xas long as short
HTX GME-USDT0.0000%8h23.740+0.110%$12K$10K10xas long as short
Lighter GME+0.0032%1h23.679−0.148%10xas long as short
Arcus GME-USD+0.0040%1h23.670−0.186%$1K$6K10xas long as short
Bitget GMEUSDT+0.0073%8h23.700−0.059%$356K$955K20xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin GMEUSDTM+0.0100%8h23.680−0.143%$162K$986K20xas long as short
tradeXYZ xyz:GMEshort+0.0179%1h23.679−0.148%$3.6M$3.1M10x
Injective GME/USDC PERP+0.0220%1h23.980+1.122%$3K$26K5.5xas long as short