Funding you earn now, next payment 10:00 UTC−0.0069%/8h= −7.6% APRnext payment −$0.09 per $10,000 · paid last 24h −0.015%
Price spread now: Arcus against tradeXYZ−0.042%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Arcus is 0.042% cheaper against tradeXYZ than usual: you would sell low and buy high (−$4 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 | tradeXYZ xyz:GME | 23.530 | 0.0110 | pay 0.0014% / 1h | 15m 04s | $3.6M | $2.6M | 10x |
| Short | Arcus GME-USD | 23.520 | 0.0040 | get 0.0005% / 1h | 15m 04s | $1K | $7K | 10x |
tradeXYZ xyz:GME
Arcus GME-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Arcus against tradeXYZ. 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
- −$14.57
- Price spread: −0.042% → 0.000%
- −$4.25
- Slippage, 4 orders
- no order book: not counted
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Net
- −$41.32
- Costs to cover
- 0.225%
- Break-even
- never at this rate
Slippage unknown: tradeXYZ: live order book, 6 min ago; Arcus: 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy tradeXYZ live order book, 6 min ago | 3.40 bp | 19.3 bp −$19 | 44.4 bp −$444 | doesn't fit | doesn't fit |
| Sell Arcus no order-book sample | — | — | — | — | — |
Arcus: 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 exchanges
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 | 23.534 | +0.017% | $11K | $21K | 20x | as long as short |
| Binance GMEUSDT | 0.0000% | 8h | 23.532 | +0.007% | $1.0M | $5.1M | 20x | as long as short |
| OKX GME-USDT-SWAP | 0.0000% | 8h | 23.510 | −0.085% | $305K | $192K | 20x | as long as short |
| Gate GME_USDT | 0.0000% | 8h | 23.525 | −0.021% | $479K | $22K | 20x | as long as short |
| Bitget GMEUSDT | 0.0000% | 8h | 23.520 | −0.042% | $360K | $795K | 20x | as long as short |
| Variational Omni GME | 0.0000% | 8h | 23.530 | 0.000% | $211K | $256K | — | as long as short |
| SunX GME-USDT | 0.0000% | 8h | 23.500 | −0.127% | — | $1.8M | 10x | as long as short |
| HTX GME-USDT | 0.0000% | 8h | 23.580 | +0.212% | $12K | $10K | 10x | as long as short |
| Lighter GME | +0.0032% | 1h | 23.519 | −0.047% | — | — | 10x | as long as short |
| Injective GME/USDC PERP | +0.0033% | 1h | 23.780 | +1.062% | $3K | $26K | 5.5x | as long as short |
Aster GMEUSDT
Binance GMEUSDT
OKX GME-USDT-SWAP
Gate GME_USDT
Bitget GMEUSDT
Variational Omni GME
SunX GME-USDT
HTX GME-USDT
Lighter GME
Injective GME/USDC PERPShow all 13 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Arcus GME-USDshort | +0.0040% | 1h | 23.520 | −0.042% | $1K | $7K | 10x | |
| KuCoin GMEUSDTM | +0.0100% | 8h | 23.530 | 0.000% | $161K | $1.1M | 20x | as long as short |
| tradeXYZ xyz:GMElong | +0.0110% | 1h | 23.530 | long leg | $3.6M | $2.6M | 10x |
KuCoin GMEUSDTM