Funding you earn now, next payment 05:00 UTC−0.0220%/8h= −24.1% APRpaid last 24h −0.060%
Price spread now: Binance against Injective−1.256%107s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Binance is 1.256% cheaper against Injective than usual: you would sell low and buy high (−$126 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 107 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective GME/USDC PERP | 23.980 | 0.0220 | pay 0.0028% / 1h | 43m 35s | $3K | $26K | 5.5x |
| Short | Binance GMEUSDT | 23.679 | 0 | get 0.0000% / 8h | 3h 43m | $1.2M | $5.5M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Injective. 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
- −$46.2
- Price spread: −1.256% → 0.000%
- −$125.64
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$181.86
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Injective: no order-book sample; Binance: live order book, 10 min ago. Net counts fees only.
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 Injective no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 10 min ago | 2.11 bp | 19.6 bp −$20 | 63.3 bp −$633 | doesn't fit | doesn't fit |
Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | 23.683 | −1.239% | $11K | $20K | 20x | as long as short |
| Binance GMEUSDTshort | 0.0000% | 8h | 23.679 | −1.256% | $1.2M | $5.5M | 20x | |
| OKX GME-USDT-SWAP | 0.0000% | 8h | 23.680 | −1.251% | $304K | $204K | 20x | as long as short |
| Gate GME_USDT | 0.0000% | 8h | 23.714 | −1.109% | $483K | $24K | 20x | as long as short |
| Variational Omni GME | 0.0000% | 8h | 23.681 | −1.247% | $218K | $265K | — | as long as short |
| SunX GME-USDT | 0.0000% | 8h | 23.670 | −1.293% | — | $2.4M | 10x | as long as short |
| HTX GME-USDT | 0.0000% | 8h | 23.740 | −1.001% | $12K | $10K | 10x | as long as short |
| Lighter GME | +0.0032% | 1h | 23.679 | −1.255% | — | — | 10x | as long as short |
| Arcus GME-USD | +0.0040% | 1h | 23.670 | −1.293% | $1K | $6K | 10x | as long as short |
| Bitget GMEUSDT | +0.0073% | 8h | 23.700 | −1.168% | $356K | $955K | 20x | as long as short |
Show all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin GMEUSDTM | +0.0100% | 8h | 23.680 | −1.251% | $162K | $986K | 20x | as long as short |
| tradeXYZ xyz:GME | +0.0179% | 1h | 23.679 | −1.255% | $3.6M | $3.1M | 10x | as long as short |
| Injective GME/USDC PERPlong | +0.0220% | 1h | 23.980 | long leg | $3K | $26K | 5.5x |
Injective GME/USDC PERP
Binance GMEUSDT
Aster GMEUSDT
OKX GME-USDT-SWAP
Gate GME_USDT
Variational Omni GME
SunX GME-USDT
HTX GME-USDT
Lighter GME
Bitget GMEUSDT
KuCoin GMEUSDTM
tradeXYZ xyz:GME