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+0.0180%/8h= +19.7% APRnext payment +$0.22 per $10,000 · paid last 24h +0.048%
Price spread now: Injective against Arcus+1.026%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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Injective is 1.026% dearer against Arcus than usual: you sell high and buy low: +$103 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongArcus GME-USD23.4000.0040pay 0.0005% / 1h36m 18s$1K$9K10x
ShortInjective GME/USDC PERP23.6400.0220get 0.0028% / 1h36m 18s$3K$26K5.5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective against Arcus. 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
$37.74
Price spread: +1.026% → 0.000%
$102.56
Slippage, 4 orders
no order book: not counted
Fee Arcus: 2.25 bp × 2 orders
−$4.5
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
$135.79
Costs to cover
0.045%
Break-even
from the start
Slippage unknown: Arcus: no order-book sample; 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
LegHalf-spread$10k$100k$1M$5M
Buy Arcus no order-book sample
Sell Injective no order-book sample
Arcus and 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster GMEUSDT0.0000%8h23.417+0.071%$11K$20K20xas long as short
Binance GMEUSDT0.0000%8h23.413+0.057%$1.1M$7.1M20xas long as short
OKX GME-USDT-SWAP0.0000%8h23.410+0.043%$309K$210K20xas long as short
Gate GME_USDT0.0000%8h23.406+0.026%$457K$18K20xas long as short
Bitget GMEUSDT0.0000%8h23.420+0.085%$385K$1.5M20xas long as short
Variational Omni GME0.0000%8h23.407+0.031%$68K$125Kas long as short
SunX GME-USDT0.0000%8h23.410+0.043%$2.6M10xas long as short
HTX GME-USDT0.0000%8h23.440+0.171%$12K$9K10xas long as short
Lighter GME+0.0032%1h23.405+0.021%10xas long as short
Arcus GME-USDlong+0.0040%1h23.400long leg$1K$9K10x
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:GME+0.0050%1h23.409+0.038%$3.5M$4.2M10xas long as short
KuCoin GMEUSDTM+0.0055%8h23.370−0.128%$145K$936K20xas long as short
Injective GME/USDC PERPshort+0.0220%1h23.640+1.026%$3K$26K5.5x