Funding you earn now, next payment 11:00 UTC−0.0061%/8h= −6.6% APRnext payment −$0.08 per $10,000 · paid last 24h −0.033%
Price spread now: tradeXYZ against Injective−0.946%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and tradeXYZ is 0.946% cheaper against Injective than usual: you would sell low and buy high (−$95 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective GME/USDC PERP | 23.780 | 0.0220 | pay 0.0028% / 1h | 26m 34s | $3K | $26K | 5.5x |
| Short | tradeXYZ xyz:GME | 23.555 | 0.0159 | get 0.0020% / 1h | 26m 34s | $3.6M | $2.6M | 10x |
Injective GME/USDC PERP
tradeXYZ xyz:GMEFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ against Injective. 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
- −$12.74
- Price spread: −0.946% → 0.000%
- −$94.62
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$125.38
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: Injective: no order-book sample; tradeXYZ: live order book, 4 min ago. Net counts fees only.
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 Injective no order-book sample | — | — | — | — | — |
| Sell tradeXYZ live order book, 4 min ago | 2.55 bp | 15.4 bp −$15 | doesn't fit | doesn't fit | doesn'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 exchanges
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 | 23.552 | −0.960% | $11K | $21K | 20x | as long as short |
| Binance GMEUSDT | 0.0000% | 8h | 23.540 | −1.009% | $1.0M | $5.1M | 20x | as long as short |
| OKX GME-USDT-SWAP | 0.0000% | 8h | 23.550 | −0.967% | $305K | $192K | 20x | as long as short |
| Gate GME_USDT | 0.0000% | 8h | 23.567 | −0.896% | $481K | $22K | 20x | as long as short |
| Bitget GMEUSDT | 0.0000% | 8h | 23.550 | −0.967% | $361K | $795K | 20x | as long as short |
| Variational Omni GME | 0.0000% | 8h | 23.559 | −0.927% | $211K | $256K | — | as long as short |
| SunX GME-USDT | 0.0000% | 8h | 23.560 | −0.925% | — | $1.7M | 10x | as long as short |
| HTX GME-USDT | 0.0000% | 8h | 23.600 | −0.757% | $12K | $11K | 10x | as long as short |
| Lighter GME | +0.0032% | 1h | 23.530 | −1.051% | — | — | 10x | as long as short |
| Arcus GME-USD | +0.0040% | 1h | 23.530 | −1.051% | $1K | $7K | 10x | as long as short |
Aster GMEUSDT
Binance 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 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin GMEUSDTM | +0.0100% | 8h | 23.540 | −1.009% | $160K | $1.1M | 20x | as long as short |
| tradeXYZ xyz:GMEshort | +0.0159% | 1h | 23.555 | −0.946% | $3.6M | $2.6M | 10x | |
| Injective GME/USDC PERPlong | +0.0220% | 1h | 23.780 | long leg | $3K | $26K | 5.5x |
KuCoin GMEUSDTM