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+0.0032%/8h= +3.5% APRpaid last 24h
Price spread now: Lighter against Aster−0.046%7-day average · you buy dearer than you sell
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 7 daysno history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropAster: Stage 5 · Lighter: Season 3 · farm boardneeds both histories
Funding pays, the price is against you. Lighter is 0.046% cheaper against Aster than usual: you would sell low and buy high (spread −0.046% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$5 on $10k: about 4.7 days of funding at the current rate (+$1 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster GMEUSDT23.4160get 0.0000% / 8h36m 03s$11K$20K20x
ShortLighter GME23.4050.0032get 0.0004% / 1h36m 03s10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against Aster. 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
$6.72
Price spread: −0.046% → 0.000%
−$4.56
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Lighter: 0 bp × 2 orders
$0
Net
−$5.84
Costs to cover
0.080%
Break-even
13.1 days
Slippage unknown: Aster: no order-book sample; Lighter: 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 Aster no order-book sample
Sell Lighter no order-book sample
Aster and Lighter: 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 GMEUSDTlong0.0000%8h23.416long leg$11K$20K20x
Binance GMEUSDT0.0000%8h23.412−0.017%$1.1M$7.1M20xas long as short
OKX GME-USDT-SWAP0.0000%8h23.410−0.024%$309K$210K20xas long as short
Gate GME_USDT0.0000%8h23.406−0.041%$457K$18K20xas long as short
Bitget GMEUSDT0.0000%8h23.420+0.018%$385K$1.5M20xas long as short
Variational Omni GME0.0000%8h23.407−0.036%$68K$125Kas long as short
SunX GME-USDT0.0000%8h23.410−0.024%$2.6M10xas long as short
HTX GME-USDT0.0000%8h23.440+0.104%$12K$9K10xas long as short
Lighter GMEshort+0.0032%1h23.405−0.046%10x
Arcus GME-USD+0.0040%1h23.400−0.067%$1K$9K10xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:GME+0.0050%1h23.412−0.016%$3.5M$4.2M10xas long as short
KuCoin GMEUSDTM+0.0055%8h23.370−0.195%$146K$936K20xas long as short
Injective GME/USDC PERP+0.0220%1h23.640+0.958%$3K$26K5.5xas long as short