Funding you earn now, next payment 08:00 UTC−0.0042%/8h= −4.6% APRnext payment −$0.42 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against Bitget+0.008%7-day average −0.051% · you sell dearer than you buy
Net, funding: paid 7d − costs−$75as in the Funding arb table
Net, price: spread back to 7d avg − costs−$64as in the Price arb table
costs, in and out, $10k−$690.694% of the position
Funding, last 7 days−0.056%−$6 on $10k
+Price spread, last 7 days−0.008%−$1 · spread now +0.008%, 7d avg −0.051%
=The price spread pays, funding is against you. Binance is 0.059% dearer against Bitget than usual: you sell high and buy low (spread +0.008% now, against its 7-day average of −0.051%): +$6 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 4.7 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget GMEUSDT | 23.740 | 0.0042 | pay 0.0042% / 8h | 4h 13m | $355K | $1.4M | 20x |
| Short | Binance GMEUSDT | 23.742 | 0 | get 0.0000% / 8h | 4h 13m | $1.2M | $6.9M | 20x |
Bitget GMEUSDT
Binance GMEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Bitget. 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
- −$8.82
- Price spread: +0.008% → −0.051%
- $5.88
- Slippage, 4 orders
- −$47.43
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$72.37
- Costs to cover
- 0.694%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 3 min ago; Binance: live order book, 10 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 Bitget live order book, 3 min ago | 10.52 bp | 18.7 bp −$19 | 32.1 bp −$321 | doesn't fit | doesn't fit |
| Sell Binance live order book, 10 min ago | 4.21 bp | 16.4 bp −$16 | 46.8 bp −$468 | 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 | 23.749 | +0.038% | $11K | $20K | 20x | as long as short |
| Binance GMEUSDTshort | 0.0000% | 8h | 23.742 | +0.008% | $1.2M | $6.9M | 20x | |
| OKX GME-USDT-SWAP | 0.0000% | 8h | 23.720 | −0.084% | $305K | $214K | 20x | as long as short |
| Gate GME_USDT | 0.0000% | 8h | 23.778 | +0.160% | $484K | $25K | 20x | as long as short |
| Variational Omni GME | 0.0000% | 8h | 23.751 | +0.046% | $218K | $266K | — | as long as short |
| SunX GME-USDT | 0.0000% | 8h | 23.720 | −0.084% | — | $2.4M | 10x | as long as short |
| HTX GME-USDT | 0.0000% | 8h | 23.840 | +0.421% | $12K | $10K | 10x | as long as short |
| Lighter GME | +0.0032% | 1h | 23.735 | −0.021% | — | — | 10x | as long as short |
| Arcus GME-USD | +0.0040% | 1h | 23.720 | −0.084% | $1K | $7K | 10x | as long as short |
| Bitget GMEUSDTlong | +0.0042% | 8h | 23.740 | long leg | $355K | $1.4M | 20x |
Aster GMEUSDT
OKX GME-USDT-SWAP
Gate GME_USDT
Variational Omni GME
SunX GME-USDT
HTX GME-USDT
Lighter GME
Arcus GME-USDShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin GMEUSDTM | +0.0100% | 8h | 23.750 | +0.042% | $162K | $998K | 20x | as long as short |
| Injective GME/USDC PERP | +0.0220% | 1h | 23.970 | +0.969% | $3K | $26K | 5.5x | as long as short |
| tradeXYZ xyz:GME | +0.1855% | 1h | 23.736 | −0.017% | $3.6M | $3.3M | 10x | as long as short |
KuCoin GMEUSDTM
Injective GME/USDC PERP
tradeXYZ xyz:GME