Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.028%
Price spread now: KuCoin against Binance+0.042%7-day average −0.075% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,963as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,966as in the Price arb table
costs, in and out, $10k−$1,97819.782% of the position
Funding, last 7 days+0.153%+$15 on $10k
+Price spread, last 4 days (all we have)−0.148%−$15 · spread now +0.042%, 7d avg −0.075%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and KuCoin is 0.117% dearer against Binance than usual: you sell high and buy low: +$12 more if the spread goes back to its 7-day average of −0.075%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance GMEUSDT | 23.610 | 0 | get 0.0000% / 8h | 3h 37m | $1.1M | $5.5M | 20x |
| Short | KuCoin GMEUSDTM | 23.620 | 0.0100 | get 0.0100% / 8h | 3h 37m | $161K | $988K | 20x |
Binance GMEUSDT
KuCoin GMEUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Binance. 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
- $21
- Price spread: +0.042% → −0.075%
- $11.69
- Slippage, 4 orders
- −$1,956.18
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$1,945.49
- Costs to cover
- 19.782%
- Break-even
- 655.5 days
Slippage from Binance: live order book, 1 min ago; KuCoin: live order book, 62 min ago.
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 Binance live order book, 1 min ago | 4.23 bp | 15.8 bp −$16 | 51.6 bp −$516 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 62 min ago | 4.22 bp | 1648.4 bp −$1,648 | doesn't fit | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Aster GMEUSDT | 0.0000% | 8h | 23.611 | +0.003% | $11K | $20K | 20x | as long as short |
| Binance GMEUSDTlong | 0.0000% | 8h | 23.610 | long leg | $1.1M | $5.5M | 20x | |
| OKX GME-USDT-SWAP | 0.0000% | 8h | 23.610 | 0.000% | $303K | $203K | 20x | as long as short |
| Gate GME_USDT | 0.0000% | 8h | 23.656 | +0.195% | $482K | $24K | 20x | as long as short |
| Variational Omni GME | 0.0000% | 8h | 23.671 | +0.258% | $217K | $265K | — | as long as short |
| SunX GME-USDT | 0.0000% | 8h | 23.630 | +0.085% | — | $2.4M | 10x | as long as short |
| HTX GME-USDT | 0.0000% | 8h | 23.690 | +0.339% | $12K | $10K | 10x | as long as short |
| Lighter GME | +0.0032% | 1h | 23.600 | −0.042% | — | — | 10x | as long as short |
| Arcus GME-USD | +0.0040% | 1h | 23.630 | +0.085% | $1K | $6K | 10x | as long as short |
| Bitget GMEUSDT | +0.0041% | 8h | 23.670 | +0.254% | $356K | $955K | 20x | as long as short |
Aster GMEUSDT
OKX GME-USDT-SWAP
Gate GME_USDT
Variational Omni GME
SunX GME-USDT
HTX GME-USDT
Lighter GME
Arcus GME-USD
Bitget GMEUSDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:GME | +0.0050% | 1h | 23.637 | +0.114% | $3.6M | $3.1M | 10x | as long as short |
| KuCoin GMEUSDTMshort | +0.0100% | 8h | 23.620 | +0.042% | $161K | $988K | 20x | |
| Injective GME/USDC PERP | +0.0220% | 1h | 23.980 | +1.567% | $3K | $26K | 5.5x | as long as short |
tradeXYZ xyz:GME
Injective GME/USDC PERP