Funding you earn now, next payment 03:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.032%
Price spread now: tradeXYZ against Gate−0.183%7-day average −0.002% · you buy dearer than you sell
Net, funding: paid 7d − costs−$623as in the Funding arb table
Net, price: spread back to 7d avg − costs−$658as in the Price arb table
costs, in and out, $10k−$6406.400% of the position
Funding, last 7 days+0.168%+$17 on $10k
+Price spread, last 4 days (all we have)+0.214%+$21 · spread now −0.183%, 7d avg −0.002%
=Together, before fees+0.382%+ Points / potential airdroptradeXYZ: Active · farm board+$38 on $10k · with fees, hour by hour
Funding pays, the price is against you. tradeXYZ is 0.180% cheaper against Gate than usual: you would sell low and buy high (spread −0.183% now, against its 7-day average of −0.002%). If the spread goes back, that is −$18 on $10k: about 12 days of funding at the current rate (+$2 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate GME_USDT | 23.520 | 0 | get 0.0000% / 8h | 5h 21m | $479K | $27K | 20x |
| Short | tradeXYZ xyz:GME | 23.477 | 0.0050 | get 0.0006% / 1h | 21m 24s | $3.6M | $3.7M | 10x |
Gate GME_USDT
tradeXYZ xyz:GMEFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ against Gate. 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
- $10.5
- Price spread: −0.183% → −0.002%
- −$18.05
- Slippage, 4 orders
- −$606.99
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$647.54
- Costs to cover
- 6.400%
- Break-even
- 438.7 days
Slippage from Gate: live order book, 40 min ago; tradeXYZ: live order book, 6 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 Gate live order book, 40 min ago | 8.52 bp | 261.7 bp −$262 | doesn't fit | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 6 min ago | 2.34 bp | 15.8 bp −$16 | 22.4 bp −$224 | 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 | 23.488 | −0.137% | $11K | $20K | 20x | as long as short |
| Binance GMEUSDT | 0.0000% | 8h | 23.480 | −0.172% | $1.1M | $7.3M | 20x | as long as short |
| OKX GME-USDT-SWAP | 0.0000% | 8h | 23.490 | −0.128% | $302K | $220K | 20x | as long as short |
| Gate GME_USDTlong | 0.0000% | 8h | 23.520 | long leg | $479K | $27K | 20x | |
| Bitget GMEUSDT | 0.0000% | 8h | 23.480 | −0.170% | $369K | $1.5M | 20x | as long as short |
| Variational Omni GME | 0.0000% | 8h | 23.460 | −0.254% | $216K | $284K | — | as long as short |
| SunX GME-USDT | 0.0000% | 8h | 23.470 | −0.213% | — | $2.4M | 10x | as long as short |
| HTX GME-USDT | 0.0000% | 8h | 23.560 | +0.170% | $12K | $10K | 10x | as long as short |
| Lighter GME | +0.0032% | 1h | 23.469 | −0.217% | — | — | 10x | as long as short |
| Arcus GME-USD | +0.0040% | 1h | 23.460 | −0.255% | $1K | $7K | 10x | as long as short |
Aster GMEUSDT
Binance GMEUSDT
OKX GME-USDT-SWAP
Bitget GMEUSDT
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 | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:GMEshort | +0.0050% | 1h | 23.477 | −0.183% | $3.6M | $3.7M | 10x | |
| KuCoin GMEUSDTM | +0.0100% | 8h | 23.480 | −0.170% | $161K | $997K | 20x | as long as short |
| Injective GME/USDC PERP | +0.0220% | 1h | 23.710 | +0.808% | $3K | $26K | 5.5x | as long as short |
KuCoin GMEUSDTM
Injective GME/USDC PERP