Settings8H · net · $10k
Funding arb · Price arb /

GME

RWAall GME markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0032%/8h= +3.5% APRpaid last 24h
Price spread now: Lighter against OKX+0.060%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 daysno history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Lighter is 0.060% dearer against OKX than usual: you sell high and buy low: +$6 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX GME-USDT-SWAP23.3700get 0.0000% / 8h17m 07s$309K$209K20x
ShortLighter GME23.3840.0032get 0.0004% / 1h17m 07s10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against OKX. 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: +0.060% → 0.000%
$5.99
Slippage, 4 orders
no order book: not counted
Fee OKX: 5 bp × 2 orders
−$10
Fee Lighter: 0 bp × 2 orders
$0
Net
$2.71
Costs to cover
0.100%
Break-even
4.2 days
Slippage unknown: OKX: live order book, 58 min ago; Lighter: no order-book sample. 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 OKX live order book, 58 min ago2.14 bp81.9 bp −$82doesn't fitdoesn't fitdoesn't fit
Sell Lighter no order-book sample
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%8h23.383+0.056%$11K$20K20xas long as short
Binance GMEUSDT0.0000%8h23.390+0.086%$1.1M$7.1M20xas long as short
OKX GME-USDT-SWAPlong0.0000%8h23.370long leg$309K$209K20x
Gate GME_USDT0.0000%8h23.382+0.051%$457K$18K20xas long as short
Bitget GMEUSDT0.0000%8h23.390+0.086%$385K$1.5M20xas long as short
Variational Omni GME0.0000%8h23.357−0.056%$68K$125Kas long as short
SunX GME-USDT0.0000%8h23.3700.000%$2.6M10xas long as short
HTX GME-USDT0.0000%8h23.410+0.171%$12K$9K10xas long as short
Lighter GMEshort+0.0032%1h23.384+0.060%10x
Arcus GME-USD+0.0040%1h23.3700.000%$1K$9K10xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:GME+0.0050%1h23.398+0.120%$3.5M$4.2M10xas long as short
KuCoin GMEUSDTM+0.0051%8h23.350−0.086%$145K$946K20xas long as short
Injective GME/USDC PERP+0.0220%1h23.600+0.984%$3K$26K5.5xas long as short