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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 09:00 UTC−0.0032%/8h= −3.5% APRpaid last 24h —
Price spread now: Binance against Lighter+0.107%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Long on LighterShort on Binance
What this pair did over the last
the charts below follow
Funding, last 7 days—no history yet
Price spread, last 7 days—no price history on both exchanges yet
Together, before fees—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
The price spread pays, funding is against you. Binance is 0.107% dearer against Lighter than usual: you sell high and buy low (spread +0.107% now, against zero (this spread has no 7-day history yet)): +$11 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 11 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter GME23.3350.0032pay 0.0004% / 1h30m 38s——10x
ShortBinance GMEUSDT23.3600get 0.0000% / 8h7h 30m$1.0M$5.3M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Lighter. 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
−$6.72
Price spread: +0.107% → 0.000%
$10.71
Slippage, 4 orders
no order book: not counted
Fee Lighter: 0 bp × 2 orders
$0
Fee Binance: 5 bp × 2 orders
−$10
Net
−$6.01
Costs to cover
0.100%
Break-even
from the start
Slippage unknown: Lighter: 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 Lighter no order-book sample—————
Sell Binance live order book, 7 min ago2.13 bp20.1 bp −$2058.7 bp −$587doesn't fitdoesn't fit
Lighter: 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%8h23.380+0.191%$11K$21K20xas long as short
Binance GMEUSDTshort0.0000%8h23.360+0.107%$1.0M$5.3M20x
OKX GME-USDT-SWAP0.0000%8h23.340+0.021%$302K$203K20xas long as short
Gate GME_USDT0.0000%8h23.372+0.159%$476K$22K20xas long as short
Bitget GMEUSDT0.0000%8h23.350+0.064%$365K$814K20xas long as short
Variational Omni GME0.0000%8h23.341+0.026%$210K$258K—as long as short
SunX GME-USDT0.0000%8h23.350+0.064%—$2.3M10xas long as short
HTX GME-USDT0.0000%8h23.400+0.279%$12K$10K10xas long as short
Lighter GMElong+0.0032%1h23.335long leg——10x
Arcus GME-USD+0.0040%1h23.340+0.021%$1K$7K10xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin GMEUSDTM+0.0100%8h23.350+0.064%$160K$1.0M20xas long as short
Injective GME/USDC PERP+0.0220%1h23.770+1.864%$3K$26K5.5xas long as short
tradeXYZ xyz:GME+0.0386%1h23.361+0.111%$3.6M$2.6M10xas long as short