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: OKX against KuCoin0.000%7-day average +0.084% · you sell dearer than you buy
Net, funding: paid 7d − costs−$919as in the Funding arb table
Net, price: spread back to 7d avg − costs−$917as in the Price arb table
costs, in and out, $10k−$9099.091% of the position
Funding, last 7 days−0.097%−$10 on $10k
+Price spread, last 4 days (all we have)+0.089%+$9 · spread now 0.000%, 7d avg +0.084%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and OKX is 0.084% cheaper against KuCoin than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of +0.084%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin GMEUSDTM | 23.530 | 0.0100 | pay 0.0100% / 8h | 6h 57m | $160K | $1.1M | 20x |
| Short | OKX GME-USDT-SWAP | 23.530 | 0 | get 0.0000% / 8h | 6h 57m | $305K | $193K | 20x |
KuCoin GMEUSDTM
OKX GME-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- −$21
- Price spread: 0.000% → +0.084%
- −$8.35
- Slippage, 4 orders
- −$887.08
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$938.44
- Costs to cover
- 9.091%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 7 min ago; OKX: live order book, 33 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, 7 min ago | 4.26 bp | 384.8 bp −$385 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 33 min ago | 6.43 bp | 43.7 bp −$44 | 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 | 23.510 | −0.084% | $11K | $21K | 20x | as long as short |
| Binance GMEUSDT | 0.0000% | 8h | 23.534 | +0.018% | $1.0M | $5.3M | 20x | as long as short |
| OKX GME-USDT-SWAPshort | 0.0000% | 8h | 23.530 | 0.000% | $305K | $193K | 20x | |
| Gate GME_USDT | 0.0000% | 8h | 23.526 | −0.017% | $480K | $22K | 20x | as long as short |
| Bitget GMEUSDT | 0.0000% | 8h | 23.550 | +0.085% | $361K | $810K | 20x | as long as short |
| Variational Omni GME | 0.0000% | 8h | 23.461 | −0.295% | $210K | $258K | — | as long as short |
| SunX GME-USDT | 0.0000% | 8h | 23.520 | −0.042% | — | $2.1M | 10x | as long as short |
| HTX GME-USDT | 0.0000% | 8h | 23.550 | +0.085% | $12K | $10K | 10x | as long as short |
| Lighter GME | +0.0032% | 1h | 23.529 | −0.004% | — | — | 10x | as long as short |
| Injective GME/USDC PERP | +0.0033% | 1h | 23.770 | +1.020% | $3K | $26K | 5.5x | as long as short |
Aster GMEUSDT
Binance GMEUSDT
Gate GME_USDT
Bitget GMEUSDT
Variational Omni GME
SunX GME-USDT
HTX GME-USDT
Lighter GME
Injective GME/USDC PERPShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Arcus GME-USD | +0.0040% | 1h | 23.530 | 0.000% | $1K | $7K | 10x | as long as short |
| tradeXYZ xyz:GME | +0.0050% | 1h | 23.538 | +0.034% | $3.6M | $2.6M | 10x | as long as short |
| KuCoin GMEUSDTMlong | +0.0100% | 8h | 23.530 | long leg | $160K | $1.1M | 20x |
Arcus GME-USD
tradeXYZ xyz:GME