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: Bitget against KuCoin+0.043%7-day average +0.142% · you sell dearer than you buy
Net, funding: paid 7d − costs−$710as in the Funding arb table
Net, price: spread back to 7d avg − costs−$710as in the Price arb table
costs, in and out, $10k−$7007.003% of the position
Funding, last 7 days−0.097%−$10 on $10k
+Price spread, last 4 days (all we have)+0.017%+$2 · spread now +0.043%, 7d avg +0.142%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Bitget is 0.099% cheaper against KuCoin than usual: you would sell low and buy high (−$10 if the spread goes back to its 7-day average of +0.142%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin GMEUSDTM | 23.460 | 0.0100 | pay 0.0100% / 8h | 5h 50m | $160K | $998K | 20x |
| Short | Bitget GMEUSDT | 23.470 | 0 | get 0.0000% / 8h | 5h 50m | $368K | $1.5M | 20x |
KuCoin GMEUSDTM
Bitget GMEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against KuCoin. 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: +0.043% → +0.142%
- −$9.94
- Slippage, 4 orders
- −$676.26
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$731.19
- Costs to cover
- 7.003%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 58 min ago; Bitget: 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 KuCoin live order book, 58 min ago | 8.52 bp | 280.7 bp −$281 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 6 min ago | 10.65 bp | 19.6 bp −$20 | 46.5 bp −$465 | 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 | −0.0022% | 1h | 23.462 | +0.009% | $3.6M | $3.7M | 10x | as long as short |
| Aster GMEUSDT | 0.0000% | 8h | 23.455 | −0.022% | $11K | $20K | 20x | as long as short |
| Binance GMEUSDT | 0.0000% | 8h | 23.459 | −0.002% | $1.1M | $7.3M | 20x | as long as short |
| OKX GME-USDT-SWAP | 0.0000% | 8h | 23.470 | +0.043% | $302K | $221K | 20x | as long as short |
| Gate GME_USDT | 0.0000% | 8h | 23.480 | +0.085% | $478K | $27K | 20x | as long as short |
| Bitget GMEUSDTshort | 0.0000% | 8h | 23.470 | +0.043% | $368K | $1.5M | 20x | |
| Variational Omni GME | 0.0000% | 8h | 23.451 | −0.040% | $215K | $284K | — | as long as short |
| SunX GME-USDT | 0.0000% | 8h | 23.460 | 0.000% | — | $2.4M | 10x | as long as short |
| HTX GME-USDT | 0.0000% | 8h | 23.490 | +0.128% | $12K | $10K | 10x | as long as short |
| Lighter GME | +0.0032% | 1h | 23.440 | −0.085% | — | — | 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 | 23.450 | −0.043% | $1K | $8K | 10x | as long as short |
| KuCoin GMEUSDTMlong | +0.0100% | 8h | 23.460 | long leg | $160K | $998K | 20x | |
| Injective GME/USDC PERP | +0.0220% | 1h | 23.700 | +1.023% | $3K | $26K | 5.5x | as long as short |
Arcus GME-USD
Injective GME/USDC PERP