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

GME

RWAall GME markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.043%
Price spread now: tradeXYZ against Bitget−0.004%7-day average −0.027% · you buy dearer than you sell
Net, funding: paid 7d − costs−$52as in the Funding arb table
Net, price: spread back to 7d avg − costs−$66as in the Price arb table
costs, in and out, $10k−$690.686% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.170%+$17 on $10k
Price spread, last 4 days (all we have)−0.029%−$3 · spread now −0.004%, 7d avg −0.027%
Together, before fees+0.141%+ Points / potential airdroptradeXYZ: Active · farm board+$14 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and tradeXYZ is 0.023% dearer against Bitget than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of −0.027%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget GMEUSDT23.4800get 0.0000% / 8h6h 14m$368K$1.5M20x
ShorttradeXYZ xyz:GME23.4790.0050get 0.0006% / 1h14m 41s$3.6M$3.7M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

tradeXYZ against Bitget. 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
$10.5
Price spread: −0.004% → −0.027%
$2.26
Slippage, 4 orders
−$38.56
Fee Bitget: 6 bp × 2 orders
−$12
Fee tradeXYZ: 9 bp × 2 orders
−$18
Net
−$55.79
Costs to cover
0.686%
Break-even
44.2 days
Slippage from Bitget: live order book, 2 min ago; tradeXYZ: live order book, 3 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 Bitget live order book, 2 min ago10.65 bp16.6 bp −$1736.0 bp −$360doesn't fitdoesn't fit
Sell tradeXYZ live order book, 3 min ago1.92 bp14.1 bp −$14doesn'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
Aster GMEUSDT0.0000%8h23.448−0.138%$11K$20K20xas long as short
Binance GMEUSDT0.0000%8h23.4800.000%$1.1M$7.3M20xas long as short
OKX GME-USDT-SWAP0.0000%8h23.4800.000%$301K$222K20xas long as short
Gate GME_USDT0.0000%8h23.490+0.043%$478K$27K20xas long as short
Bitget GMEUSDTlong0.0000%8h23.480long leg$368K$1.5M20x
Variational Omni GME0.0000%8h23.471−0.040%$215K$284Kas long as short
SunX GME-USDT0.0000%8h23.470−0.043%$2.5M10xas long as short
HTX GME-USDT0.0000%8h23.590+0.468%$12K$10K10xas long as short
Lighter GME+0.0032%1h23.430−0.213%10xas long as short
Arcus GME-USD+0.0040%1h23.460−0.085%$1K$8K10xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:GMEshort+0.0050%1h23.479−0.004%$3.6M$3.7M10x
KuCoin GMEUSDTM+0.0100%8h23.450−0.128%$160K$993K20xas long as short
Injective GME/USDC PERP+0.0220%1h23.730+1.065%$3K$26K5.5xas long as short