Funding you earn now, next payment 22:00 UTC−0.0032%/8h= −3.5% APRpaid last 24h —
Price spread now: Gate against Lighter−0.055%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
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
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Gate is 0.055% cheaper against Lighter than usual: you would sell low and buy high (−$6 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 | Lighter GME | 23.489 | 0.0032 | pay 0.0004% / 1h | 6m 16s | — | — | 10x |
| Short | Gate GME_USDT | 23.476 | 0 | get 0.0000% / 8h | 2h 06m | $459K | $19K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Lighter. 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
- −$6.72
- Price spread: −0.055% → 0.000%
- −$5.53
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$27.25
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: Lighter: no order-book sample; Gate: live order book, 14 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 Lighter no order-book sample | — | — | — | — | — |
| Sell Gate live order book, 14 min ago | 11.77 bp | 202.5 bp −$203 | doesn't fit | doesn't fit | doesn'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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster GMEUSDT | 0.0000% | 8h | 23.482 | −0.029% | $11K | $20K | 20x | as long as short |
| Binance GMEUSDT | 0.0000% | 8h | 23.480 | −0.038% | $1.1M | $7.0M | 20x | as long as short |
| OKX GME-USDT-SWAP | 0.0000% | 8h | 23.490 | +0.004% | $312K | $202K | 20x | as long as short |
| Gate GME_USDTshort | 0.0000% | 8h | 23.476 | −0.055% | $459K | $19K | 20x | |
| Bitget GMEUSDT | 0.0000% | 8h | 23.480 | −0.038% | $407K | $1.5M | 20x | as long as short |
| Variational Omni GME | 0.0000% | 8h | 23.509 | +0.087% | $61K | $120K | — | as long as short |
| SunX GME-USDT | 0.0000% | 8h | 23.480 | −0.038% | — | $2.6M | 10x | as long as short |
| HTX GME-USDT | 0.0000% | 8h | 23.580 | +0.387% | $12K | $9K | 10x | as long as short |
| Lighter GMElong | +0.0032% | 1h | 23.489 | long leg | — | — | 10x | |
| Arcus GME-USD | +0.0040% | 1h | 23.490 | +0.004% | $1K | $9K | 10x | as long as short |
Show all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:GME | +0.0050% | 1h | 23.482 | −0.030% | $3.4M | $4.1M | 10x | as long as short |
| KuCoin GMEUSDTM | +0.0100% | 8h | 23.450 | −0.166% | $145K | $904K | 20x | as long as short |
| Injective GME/USDC PERP | +0.0220% | 1h | 23.040 | −1.912% | $3K | $26K | 5.5x | as long as short |
Lighter GME
Gate GME_USDT
Aster GMEUSDT
Binance GMEUSDT
OKX GME-USDT-SWAP
Bitget GMEUSDT
Variational Omni GME
SunX GME-USDT
HTX GME-USDT
tradeXYZ xyz:GME
KuCoin GMEUSDTM
Injective GME/USDC PERP