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

GMT

all GMT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against MEXC+0.003%7-day average −0.006% · you sell dearer than you buy
Net, funding: paid 7d − costs−$63as in the Funding arb table
Net, price: spread back to 7d avg − costs−$62as in the Price arb table
costs, in and out, $10k−$630.625% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 4 days (all we have)+0.023%+$2 · spread now +0.003%, 7d avg −0.006%
Together, before fees+0.023%+$2 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC GMT_USDT0.0083290.0100pay 0.0050% / 4h1h 07m$421K$186K20x
ShortBinance GMTUSDT0.0083290.0100get 0.0050% / 4h1h 07m$2.6M$3.0M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against MEXC. 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
$0
Price spread: +0.003% → −0.006%
$0.86
Slippage, 4 orders
−$48.52
Fee MEXC: 2 bp × 2 orders
−$4
Fee Binance: 5 bp × 2 orders
−$10
Net
−$61.67
Costs to cover
0.625%
Break-even
never at this rate
Slippage from MEXC: live order book, 67 min ago; Binance: live order book, 14 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy MEXC live order book, 67 min ago1.20 bp9.5 bp −$956.7 bp −$567262.4 bp −$26.2Kdoesn't fit
Sell Binance live order book, 14 min ago1.80 bp22.9 bp −$2391.2 bp −$912doesn't fitdoesn't fit

GMT on 12 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
Kraken Futures PF_GMTUSD−0.0997%1h0.008325−0.043%$45K$10K20xas long as short
KuCoin GMTUSDTM+0.0020%4h0.008320−0.108%$252K$100K50xas long as short
Hyperliquid GMT+0.0100%1h0.008334+0.060%$122K$123K3xas long as short
Aster GMTUSDT+0.0100%4h0.008327−0.030%$8K$14K10xas long as short
Binance GMTUSDTshort+0.0100%4h0.008329+0.003%$2.6M$3.0M50x
Bybit GMTUSDT+0.0100%8h0.008325−0.048%$1.1M$1.1M50xas long as short
OKX GMT-USDT-SWAP+0.0100%4h0.008326−0.036%$345K$551K20xas long as short
Gate GMT_USDT+0.0100%8h0.008320−0.108%$146K$105K50xas long as short
MEXC GMT_USDTlong+0.0100%4h0.008329long leg$421K$186K20x
Bitget GMTUSDT+0.0100%4h0.008327−0.024%$671K$400K50xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX GMT-USDT+0.0100%4h0.008326−0.036%$1.2Mas long as short
Variational Omni GMT+0.0100%8h0.008316−0.152%$3K$5Kas long as short