Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.028%
Price spread now: KuCoin against OKX+0.042%7-day average −0.085% · you sell dearer than you buy
Net, funding: paid 7d − costs−$745as in the Funding arb table
Net, price: spread back to 7d avg − costs−$742as in the Price arb table
costs, in and out, $10k−$7557.547% of the position
Funding, last 7 days+0.097%+$10 on $10k
+Price spread, last 4 days (all we have)−0.065%−$6 · spread now +0.042%, 7d avg −0.085%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and KuCoin is 0.127% dearer against OKX than usual: you sell high and buy low: +$13 more if the spread goes back to its 7-day average of −0.085%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX GME-USDT-SWAP | 23.540 | 0 | get 0.0000% / 8h | 2h 24m | $301K | $200K | 20x |
| Short | KuCoin GMEUSDTM | 23.550 | 0.0100 | get 0.0100% / 8h | 2h 24m | $160K | $981K | 20x |
OKX GME-USDT-SWAP
KuCoin GMEUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against OKX. 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: +0.042% → −0.085%
- $12.74
- Slippage, 4 orders
- −$732.68
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$720.94
- Costs to cover
- 7.547%
- Break-even
- 247.3 days
Slippage from OKX: live order book, 20 min ago; KuCoin: live order book, 5 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 OKX live order book, 20 min ago | 6.35 bp | 41.6 bp −$42 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 5 min ago | 6.35 bp | 354.1 bp −$354 | 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 | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:GME | −0.0409% | 1h | 23.571 | +0.132% | $3.6M | $2.9M | 10x | as long as short |
| Aster GMEUSDT | 0.0000% | 8h | 23.541 | +0.004% | $11K | $20K | 20x | as long as short |
| Binance GMEUSDT | 0.0000% | 8h | 23.530 | −0.042% | $1.1M | $5.3M | 20x | as long as short |
| OKX GME-USDT-SWAPlong | 0.0000% | 8h | 23.540 | long leg | $301K | $200K | 20x | |
| Gate GME_USDT | 0.0000% | 8h | 23.521 | −0.081% | $478K | $23K | 20x | as long as short |
| Bitget GMEUSDT | 0.0000% | 8h | 23.550 | +0.042% | $375K | $921K | 20x | as long as short |
| Variational Omni GME | 0.0000% | 8h | 23.561 | +0.090% | $217K | $253K | — | as long as short |
| SunX GME-USDT | 0.0000% | 8h | 23.550 | +0.042% | — | $2.4M | 10x | as long as short |
| HTX GME-USDT | 0.0000% | 8h | 23.610 | +0.297% | $12K | $10K | 10x | as long as short |
| Lighter GME | +0.0032% | 1h | 23.555 | +0.064% | — | — | 10x | as long as short |
tradeXYZ xyz:GME
Aster GMEUSDT
Binance GMEUSDT
Gate GME_USDT
Bitget GMEUSDT
Variational Omni GME
SunX GME-USDT
HTX GME-USDT
Lighter GMEShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Arcus GME-USD | +0.0040% | 1h | 23.580 | +0.170% | $1K | $7K | 10x | as long as short |
| KuCoin GMEUSDTMshort | +0.0100% | 8h | 23.550 | +0.042% | $160K | $981K | 20x | |
| Injective GME/USDC PERP | +0.0220% | 1h | 23.840 | +1.274% | $3K | $26K | 5.5x | as long as short |
Arcus GME-USD
Injective GME/USDC PERP