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 Bitget−0.085%7-day average −0.135% · you buy dearer than you sell
Net, funding: paid 7d − costs−$601as in the Funding arb table
Net, price: spread back to 7d avg − costs−$606as in the Price arb table
costs, in and out, $10k−$6116.109% of the position
Funding, last 7 days+0.097%+$10 on $10k
+Price spread, last 4 days (all we have)+0.010%+$1 · spread now −0.085%, 7d avg −0.135%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and KuCoin is 0.051% dearer against Bitget than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.135%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget GMEUSDT | 23.630 | 0 | get 0.0000% / 8h | 3h 05m | $355K | $943K | 20x |
| Short | KuCoin GMEUSDTM | 23.610 | 0.0100 | get 0.0100% / 8h | 3h 05m | $161K | $985K | 20x |
Bitget GMEUSDT
KuCoin GMEUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $21
- Price spread: −0.085% → −0.135%
- $5.05
- Slippage, 4 orders
- −$586.91
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$584.86
- Costs to cover
- 6.109%
- Break-even
- 202.0 days
Slippage from Bitget: live order book, 41 min ago; KuCoin: live order book, 29 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, 41 min ago | 8.44 bp | 16.7 bp −$17 | 42.2 bp −$422 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 29 min ago | 6.36 bp | 269.0 bp −$269 | 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 | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:GME | −0.0269% | 1h | 23.625 | −0.021% | $3.6M | $3.0M | 10x | as long as short |
| Aster GMEUSDT | 0.0000% | 8h | 23.611 | −0.078% | $11K | $20K | 20x | as long as short |
| Binance GMEUSDT | 0.0000% | 8h | 23.604 | −0.110% | $1.1M | $5.4M | 20x | as long as short |
| OKX GME-USDT-SWAP | 0.0000% | 8h | 23.620 | −0.042% | $303K | $201K | 20x | as long as short |
| Gate GME_USDT | 0.0000% | 8h | 23.635 | +0.021% | $481K | $24K | 20x | as long as short |
| Bitget GMEUSDTlong | 0.0000% | 8h | 23.630 | long leg | $355K | $943K | 20x | |
| Variational Omni GME | 0.0000% | 8h | 23.601 | −0.123% | $217K | $265K | — | as long as short |
| SunX GME-USDT | 0.0000% | 8h | 23.610 | −0.085% | — | $2.4M | 10x | as long as short |
| HTX GME-USDT | 0.0000% | 8h | 23.650 | +0.085% | $12K | $10K | 10x | as long as short |
| Lighter GME | +0.0032% | 1h | 23.600 | −0.127% | — | — | 10x | as long as short |
tradeXYZ xyz:GME
Aster GMEUSDT
Binance GMEUSDT
OKX GME-USDT-SWAP
Gate GME_USDT
Variational Omni GME
SunX GME-USDT
HTX GME-USDT
Lighter GMEShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Arcus GME-USD | +0.0040% | 1h | 23.610 | −0.085% | $1K | $7K | 10x | as long as short |
| KuCoin GMEUSDTMshort | +0.0100% | 8h | 23.610 | −0.085% | $161K | $985K | 20x | |
| Injective GME/USDC PERP | +0.0220% | 1h | 23.880 | +1.058% | $3K | $26K | 5.5x | as long as short |
Arcus GME-USD
Injective GME/USDC PERP