GME

Alert: funding

Alert: spread

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: Binance against KuCoin+0.055%7-day average +0.076% · you sell dearer than you buy

Net, funding: paid 7d − costs−$1,987as in the Funding arb table

Net, price: spread back to 7d avg − costs−$1,973as in the Price arb table

costs, in and out, $10k−$1,97119.713% of the position

Long on KuCoin Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.153%−$15 on $10k

Price spread, last 4 days (all we have)+0.280%+$28 · spread now +0.055%, 7d avg +0.076%

Together, before fees+0.128%+$13 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Binance is 0.021% cheaper against KuCoin than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of +0.076%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin GMEUSDTM	23.700	0.0100	pay 0.0100% / 8h	4h 34m	$163K	$997K	20x
Short	Binance GMEUSDT	23.713	0	get 0.0000% / 8h	4h 34m	$1.2M	$7.0M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against KuCoin. 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

Position, each leg$Hold fordaysFee KuCoinbpFee BinancebpOrdersPrice spread, now +0.055%Rate

Funding earned: −$21
Price spread: +0.055% → +0.076%: −$2.12
Slippage, 4 orders: −$1,949.27
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Binance: 5 bp × 2 orders: −$10
Net: −$1,994.39
Costs to cover: 19.713%
Break-even: never at this rate

Slippage from KuCoin: live order book, 5 min ago; Binance: live order book, 4 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 KuCoin live order book, 5 min ago	4.22 bp	297.3 bp −$297	doesn't fit	doesn't fit	doesn't fit
Sell Binance live order book, 4 min ago	4.22 bp	9.2 bp −$9	41.8 bp −$418	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	23.718	+0.077%	$11K	$20K	20x	as long as short
Binance GMEUSDTshort	0.0000%	8h	23.713	+0.055%	$1.2M	$7.0M	20x
OKX GME-USDT-SWAP	0.0000%	8h	23.730	+0.127%	$305K	$225K	20x	as long as short
Gate GME_USDT	0.0000%	8h	23.663	−0.156%	$482K	$25K	20x	as long as short
Bitget GMEUSDT	0.0000%	8h	23.710	+0.042%	$357K	$1.5M	20x	as long as short
Variational Omni GME	0.0000%	8h	23.681	−0.081%	$218K	$267K	—	as long as short
SunX GME-USDT	0.0000%	8h	23.710	+0.042%	—	$2.4M	10x	as long as short
HTX GME-USDT	0.0000%	8h	23.790	+0.380%	$12K	$10K	10x	as long as short
Lighter GME	+0.0032%	1h	23.748	+0.203%	—	—	10x	as long as short
Arcus GME-USD	+0.0040%	1h	23.680	−0.084%	$1K	$7K	10x	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin GMEUSDTMlong	+0.0100%	8h	23.700	long leg	$163K	$997K	20x
Injective GME/USDC PERP	+0.0220%	1h	23.930	+0.970%	$3K	$26K	5.5x	as long as short
tradeXYZ xyz:GME	+0.1839%	1h	23.701	+0.004%	$3.6M	$3.3M	10x	as long as short