Funding you earn now, next payment 08:00 UTC−0.0020%/8h= −2.2% APRnext payment −$0.20 per $10,000 · paid last 24h −0.028%
Price spread now: Bitget against KuCoin+0.042%7-day average +0.135% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,991as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,991as in the Price arb table
costs, in and out, $10k−$1,98219.817% of the position
Funding, last 7 days−0.097%−$10 on $10k
+Price spread, last 4 days (all we have)+0.032%+$3 · spread now +0.042%, 7d avg +0.135%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Bitget is 0.093% cheaper against KuCoin than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of +0.135%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin GMEUSDTM | 23.690 | 0.0100 | pay 0.0100% / 8h | 3h 46m | $162K | $987K | 20x |
| Short | Bitget GMEUSDT | 23.700 | 0.0080 | get 0.0080% / 8h | 3h 46m | $356K | $960K | 20x |
KuCoin GMEUSDTM
Bitget GMEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against KuCoin. 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
- −$4.2
- Price spread: +0.042% → +0.135%
- −$9.29
- Slippage, 4 orders
- −$1,957.7
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$1,995.2
- Costs to cover
- 19.817%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 53 min ago; Bitget: live order book, 4 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 KuCoin live order book, 53 min ago | 4.22 bp | 297.3 bp −$297 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 4 min ago | 10.55 bp | 19.5 bp −$19 | 35.6 bp −$356 | 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 | 23.684 | −0.026% | $11K | $20K | 20x | as long as short |
| Binance GMEUSDT | 0.0000% | 8h | 23.690 | 0.000% | $1.2M | $5.5M | 20x | as long as short |
| OKX GME-USDT-SWAP | 0.0000% | 8h | 23.670 | −0.084% | $304K | $204K | 20x | as long as short |
| Gate GME_USDT | 0.0000% | 8h | 23.717 | +0.114% | $483K | $24K | 20x | as long as short |
| Variational Omni GME | 0.0000% | 8h | 23.696 | +0.025% | $218K | $265K | — | as long as short |
| SunX GME-USDT | 0.0000% | 8h | 23.680 | −0.042% | — | $2.4M | 10x | as long as short |
| HTX GME-USDT | 0.0000% | 8h | 23.740 | +0.211% | $12K | $10K | 10x | as long as short |
| Lighter GME | +0.0032% | 1h | 23.670 | −0.084% | — | — | 10x | as long as short |
| Arcus GME-USD | +0.0040% | 1h | 23.690 | 0.000% | $1K | $6K | 10x | as long as short |
| Bitget GMEUSDTshort | +0.0080% | 8h | 23.700 | +0.042% | $356K | $960K | 20x |
Aster GMEUSDT
Binance GMEUSDT
OKX GME-USDT-SWAP
Gate GME_USDT
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 GMEUSDTMlong | +0.0100% | 8h | 23.690 | long leg | $162K | $987K | 20x | |
| Injective GME/USDC PERP | +0.0220% | 1h | 23.980 | +1.224% | $3K | $26K | 5.5x | as long as short |
| tradeXYZ xyz:GME | +0.0364% | 1h | 23.694 | +0.017% | $3.6M | $3.1M | 10x | as long as short |
Injective GME/USDC PERP
tradeXYZ xyz:GME