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: KuCoin against OKX−0.043%7-day average −0.089% · you buy dearer than you sell
Net, funding: paid 7d − costs−$888as in the Funding arb table
Net, price: spread back to 7d avg − costs−$893as in the Price arb table
costs, in and out, $10k−$8988.977% of the position
Funding, last 7 days+0.097%+$10 on $10k
+Price spread, last 4 days (all we have)−0.047%−$5 · spread now −0.043%, 7d avg −0.089%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and KuCoin is 0.047% dearer against OKX than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.089%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX GME-USDT-SWAP | 23.490 | 0 | get 0.0000% / 8h | 5h 21m | $302K | $220K | 20x |
| Short | KuCoin GMEUSDTM | 23.480 | 0.0100 | get 0.0100% / 8h | 5h 21m | $161K | $997K | 20x |
OKX GME-USDT-SWAP
KuCoin GMEUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against OKX. 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% → −0.089%
- $4.68
- Slippage, 4 orders
- −$875.72
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$872.03
- Costs to cover
- 8.977%
- Break-even
- 297.7 days
Slippage from OKX: live order book, 39 min ago; KuCoin: live order book, 23 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 OKX live order book, 39 min ago | 4.26 bp | 103.1 bp −$103 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 23 min ago | 4.26 bp | 283.0 bp −$283 | doesn't fit | 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 | 23.490 | −0.001% | $11K | $20K | 20x | as long as short |
| Binance GMEUSDT | 0.0000% | 8h | 23.490 | −0.001% | $1.1M | $7.3M | 20x | as long as short |
| OKX GME-USDT-SWAPlong | 0.0000% | 8h | 23.490 | long leg | $302K | $220K | 20x | |
| Gate GME_USDT | 0.0000% | 8h | 23.519 | +0.123% | $479K | $27K | 20x | as long as short |
| Bitget GMEUSDT | 0.0000% | 8h | 23.480 | −0.043% | $369K | $1.5M | 20x | as long as short |
| Variational Omni GME | 0.0000% | 8h | 23.460 | −0.127% | $216K | $284K | — | as long as short |
| SunX GME-USDT | 0.0000% | 8h | 23.480 | −0.043% | — | $2.4M | 10x | as long as short |
| HTX GME-USDT | 0.0000% | 8h | 23.560 | +0.298% | $12K | $10K | 10x | as long as short |
| Lighter GME | +0.0032% | 1h | 23.469 | −0.089% | — | — | 10x | as long as short |
| Arcus GME-USD | +0.0040% | 1h | 23.460 | −0.128% | $1K | $7K | 10x | as long as short |
Aster GMEUSDT
Binance GMEUSDT
Gate GME_USDT
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:GME | +0.0050% | 1h | 23.476 | −0.060% | $3.6M | $3.7M | 10x | as long as short |
| KuCoin GMEUSDTMshort | +0.0100% | 8h | 23.480 | −0.043% | $161K | $997K | 20x | |
| Injective GME/USDC PERP | +0.0220% | 1h | 23.710 | +0.937% | $3K | $26K | 5.5x | as long as short |
tradeXYZ xyz:GME
Injective GME/USDC PERP