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Funding arb · Price arb /

GME

RWAall GME markets
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Alert: funding
Measured
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Alert: spread
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Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Funding you earn now, next payment 02:00 UTC−0.0220%/8h= −24.1% APRpaid last 24h −0.060%
Price spread now: Binance against Injective−1.125%97s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Long on InjectiveShort on Binance
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 days—no price history on both exchanges yet
Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Binance is 1.125% cheaper against Injective than usual: you would sell low and buy high (−$113 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 97 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective GME/USDC PERP23.7300.0220pay 0.0028% / 1h1m 36s$3K$26K5.5x
ShortBinance GMEUSDT23.4630get 0.0000% / 8h6h 01m$1.1M$7.3M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Injective. 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: −1.125% → 0.000%
−$112.54
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee Binance: 5 bp × 2 orders
−$10
Net
−$168.76
Costs to cover
0.100%
Break-even
never at this rate
Slippage unknown: Injective: no order-book sample; Binance: live order book, 7 min ago. 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 Injective no order-book sample—————
Sell Binance live order book, 7 min ago4.26 bp17.4 bp −$1769.6 bp −$696doesn't fitdoesn't fit
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%8h23.452−1.172%$11K$20K20xas long as short
Binance GMEUSDTshort0.0000%8h23.463−1.125%$1.1M$7.3M20x
OKX GME-USDT-SWAP0.0000%8h23.480−1.054%$301K$221K20xas long as short
Gate GME_USDT0.0000%8h23.480−1.054%$477K$27K20xas long as short
Bitget GMEUSDT0.0000%8h23.480−1.054%$368K$1.5M20xas long as short
Variational Omni GME0.0000%8h23.446−1.197%$216K$284K—as long as short
SunX GME-USDT0.0000%8h23.490−1.011%—$2.4M10xas long as short
HTX GME-USDT0.0000%8h23.510−0.927%$12K$10K10xas long as short
Lighter GME+0.0032%1h23.437−1.235%——10xas long as short
Arcus GME-USD+0.0040%1h23.450−1.180%$1K$8K10xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:GME+0.0050%1h23.464−1.121%$3.6M$3.7M10xas long as short
KuCoin GMEUSDTM+0.0100%8h23.450−1.180%$160K$996K20xas long as short
Injective GME/USDC PERPlong+0.0220%1h23.730long leg$3K$26K5.5x