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

GME

RWAall GME markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: OKX against Binance+0.110%7-day average +0.003% · you sell dearer than you buy
Net, funding: paid 7d − costs−$188as in the Funding arb table
Net, price: spread back to 7d avg − costs−$183as in the Price arb table
costs, in and out, $10k−$1941.935% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.056%+$6 on $10k
Price spread, last 2 days (all we have)−0.161%−$16 · spread now +0.110%, 7d avg +0.003%
Together, before fees−0.105%−$10 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.107% dearer against Binance than usual: you sell high and buy low, +$11 on $10k if it goes back to its 7-day average of +0.003%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance GMEUSDT23.4440get 0.0000% / 8h5h 49m$1.1M$7.3M20x
ShortOKX GME-USDT-SWAP23.4700get 0.0000% / 8h5h 49m$302K$221K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX against Binance. 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: +0.110% → +0.003%
$10.65
Slippage, 4 orders
−$173.54
Fee Binance: 5 bp × 2 orders
−$10
Fee OKX: 5 bp × 2 orders
−$10
Net
−$182.89
Costs to cover
1.935%
Break-even
never at this rate
Slippage from Binance: live order book, 4 min ago; OKX: live order book, 11 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 Binance live order book, 4 min ago2.13 bp13.8 bp −$1448.3 bp −$483doesn't fitdoesn't fit
Sell OKX live order book, 11 min ago4.26 bp56.1 bp −$56doesn't fitdoesn't fitdoesn't fit

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
tradeXYZ xyz:GME−0.0059%1h23.455+0.046%$3.6M$3.7M10xas long as short
Aster GMEUSDT0.0000%8h23.442−0.009%$11K$20K20xas long as short
Binance GMEUSDTlong0.0000%8h23.444long leg$1.1M$7.3M20x
OKX GME-USDT-SWAPshort0.0000%8h23.470+0.110%$302K$221K20x
Gate GME_USDT0.0000%8h23.471+0.114%$478K$27K20xas long as short
Bitget GMEUSDT0.0000%8h23.460+0.067%$368K$1.5M20xas long as short
Variational Omni GME0.0000%8h23.451+0.027%$215K$284Kas long as short
SunX GME-USDT0.0000%8h23.470+0.110%$2.4M10xas long as short
HTX GME-USDT0.0000%8h23.490+0.195%$12K$10K10xas long as short
Lighter GME+0.0032%1h23.437−0.031%10xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Arcus GME-USD+0.0040%1h23.450+0.025%$1K$8K10xas long as short
KuCoin GMEUSDTM+0.0100%8h23.450+0.025%$160K$999K20xas long as short
Injective GME/USDC PERP+0.0220%1h23.700+1.091%$3K$26K5.5xas long as short