Funding you earn now, next payment 01:00 UTC+0.0378%/8h= +41.4% APRnext payment +$0.47 per $10,000 · paid last 24h −0.009%
Price spread now: Injective against tradeXYZ+0.894%94s7-day average — · you sell dearer than you buy
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 for this trade now. Funding pays +$11 a day on $10k at the current rate, and Injective is 0.894% dearer against tradeXYZ than usual: you sell high and buy low: +$89 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 94 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:GME | 23.490 | −0.0158 | get 0.0020% / 1h | 23m 40s | $3.6M | $4.1M | 10x |
| Short | Injective GME/USDC PERP | 23.700 | 0.0220 | get 0.0028% / 1h | 23m 40s | $3K | $26K | 5.5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Injective 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
- $79.47
- Price spread: +0.894% → 0.000%
- $89.4
- Slippage, 4 orders
- no order book: not counted
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $150.85
- Costs to cover
- 0.180%
- Break-even
- from the start
Slippage unknown: tradeXYZ: live order book, 5 min ago; Injective: 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, 5 min ago | 1.92 bp | 13.2 bp −$13 | doesn't fit | doesn't fit | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
Injective: 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 | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:GMElong | −0.0158% | 1h | 23.490 | long leg | $3.6M | $4.1M | 10x | |
| Aster GMEUSDT | 0.0000% | 8h | 23.472 | −0.077% | $11K | $20K | 20x | as long as short |
| Binance GMEUSDT | 0.0000% | 8h | 23.470 | −0.085% | $1.1M | $7.3M | 20x | as long as short |
| OKX GME-USDT-SWAP | 0.0000% | 8h | 23.440 | −0.213% | $302K | $222K | 20x | as long as short |
| Gate GME_USDT | 0.0000% | 8h | 23.484 | −0.026% | $477K | $27K | 20x | as long as short |
| Bitget GMEUSDT | 0.0000% | 8h | 23.490 | 0.000% | $371K | $1.5M | 20x | as long as short |
| Variational Omni GME | 0.0000% | 8h | 23.481 | −0.038% | $216K | $286K | — | as long as short |
| SunX GME-USDT | 0.0000% | 8h | 23.480 | −0.043% | — | $2.6M | 10x | as long as short |
| HTX GME-USDT | 0.0000% | 8h | 23.530 | +0.170% | $12K | $9K | 10x | as long as short |
| Lighter GME | +0.0032% | 1h | 23.440 | −0.213% | — | — | 10x | as long as short |
Show all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Arcus GME-USD | +0.0040% | 1h | 23.470 | −0.085% | $1K | $8K | 10x | as long as short |
| KuCoin GMEUSDTM | +0.0100% | 8h | 23.480 | −0.043% | $147K | $960K | 20x | as long as short |
| Injective GME/USDC PERPshort | +0.0220% | 1h | 23.700 | +0.894% | $3K | $26K | 5.5x |
tradeXYZ xyz:GME
Injective GME/USDC PERP
Aster GMEUSDT
Binance GMEUSDT
OKX GME-USDT-SWAP
Gate GME_USDT
Bitget GMEUSDT
Variational Omni GME
SunX GME-USDT
HTX GME-USDT
Lighter GME
KuCoin GMEUSDTM