Funding you earn now, next payment 02:00 UTC+0.0202%/8h= +22.1% APRpaid last 24h +0.043%
Price spread now: tradeXYZ against OKX−0.081%7-day average +0.025% · you buy dearer than you sell
Net, funding: paid 7d − costs−$71as in the Funding arb table
Net, price: spread back to 7d avg − costs−$98as in the Price arb table
costs, in and out, $10k−$880.878% of the position
Funding, last 7 days+0.170%+$17 on $10k
+Price spread, last 4 days (all we have)+0.062%+$6 · spread now −0.081%, 7d avg +0.025%
=Together, before fees+0.233%+ Points / potential airdroptradeXYZ: Active · farm board+$23 on $10k · with fees, hour by hour
Funding pays, the price is against you. tradeXYZ is 0.106% cheaper against OKX than usual: you would sell low and buy high (spread −0.081% now, against its 7-day average of +0.025%). If the spread goes back, that is −$11 on $10k: about 42 hours of funding at the current rate (+$6 a day). At the pace of the last 7 days (+0.170% in total) that is about 4.3 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX GME-USDT-SWAP | 23.500 | 0 | get 0.0000% / 8h | 6h 37m | $301K | $223K | 20x |
| Short | tradeXYZ xyz:GME | 23.481 | 0.0202 | get 0.0025% / 1h | 37m 33s | $3.6M | $3.9M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- $42.33
- Price spread: −0.081% → +0.025%
- −$10.56
- Slippage, 4 orders
- −$59.84
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$56.07
- Costs to cover
- 0.878%
- Break-even
- 16.3 days
Slippage from OKX: live order book, 28 min ago; tradeXYZ: live order book, 10 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, 28 min ago | 4.26 bp | 36.4 bp −$36 | doesn't fit | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 10 min ago | 1.91 bp | 16.3 bp −$16 | 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 | 23.493 | −0.029% | $11K | $20K | 20x | as long as short |
| Binance GMEUSDT | 0.0000% | 8h | 23.474 | −0.110% | $1.1M | $7.2M | 20x | as long as short |
| OKX GME-USDT-SWAPlong | 0.0000% | 8h | 23.500 | long leg | $301K | $223K | 20x | |
| Gate GME_USDT | 0.0000% | 8h | 23.500 | 0.000% | $478K | $27K | 20x | as long as short |
| Bitget GMEUSDT | 0.0000% | 8h | 23.490 | −0.043% | $368K | $1.5M | 20x | as long as short |
| Variational Omni GME | 0.0000% | 8h | 23.511 | +0.048% | $216K | $281K | — | as long as short |
| SunX GME-USDT | 0.0000% | 8h | 23.480 | −0.085% | — | $2.5M | 10x | as long as short |
| HTX GME-USDT | 0.0000% | 8h | 23.520 | +0.085% | $12K | $10K | 10x | as long as short |
| Lighter GME | +0.0032% | 1h | 23.472 | −0.119% | — | — | 10x | as long as short |
| Arcus GME-USD | +0.0040% | 1h | 23.480 | −0.085% | $1K | $8K | 10x | as long as short |
Show all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin GMEUSDTM | +0.0100% | 8h | 23.480 | −0.085% | $160K | $990K | 20x | as long as short |
| tradeXYZ xyz:GMEshort | +0.0202% | 1h | 23.481 | −0.081% | $3.6M | $3.9M | 10x | |
| Injective GME/USDC PERP | +0.0220% | 1h | 23.680 | +0.766% | $3K | $26K | 5.5x | as long as short |
OKX GME-USDT-SWAP
tradeXYZ xyz:GME
Aster GMEUSDT
Binance GMEUSDT
Gate GME_USDT
Bitget GMEUSDT
Variational Omni GME
SunX GME-USDT
HTX GME-USDT
Lighter GME
KuCoin GMEUSDTM
Injective GME/USDC PERP