Settings8H · net · $10k
Funding arb · Price arb /

GME

RWAall GME markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0299%/8h= +32.8% APRpaid last 24h +0.032%
Price spread now: tradeXYZ against SunX+0.042%7-day average +0.030% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.168%+$17 on $10k
Price spread, last 4 days (all we have)+0.081%+$8 · spread now +0.042%, 7d avg +0.030%
Together, before fees+0.250%+ Points / potential airdroptradeXYZ: Active · farm board+$25 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.030%, so right now this pair is about funding alone: +$9 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.168% in total (about 8.8% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX GME-USDT23.5700get 0.0000% / 8h5h 00m$2.4M10x
ShorttradeXYZ xyz:GME23.5800.0299get 0.0037% / 1h0m 45s$3.6M$3.7M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

tradeXYZ against SunX. 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

Funding earned
$62.85
Price spread: +0.042% → +0.030%
$1.24
Slippage, 4 orders
no order book: not counted
Fee SunX: 4 bp × 2 orders
−$8
Fee tradeXYZ: 9 bp × 2 orders
−$18
Net
$38.09
Costs to cover
0.260%
Break-even
2.8 days
Slippage unknown: SunX: live order book, 6 min ago; tradeXYZ: live order book, 7 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy SunX live order book, 6 min ago502.23 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell tradeXYZ live order book, 7 min ago2.54 bp13.3 bp −$13doesn't fitdoesn't fitdoesn't fit

GME on 13 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster GMEUSDT0.0000%8h23.570+0.002%$11K$20K20xas long as short
Binance GMEUSDT0.0000%8h23.563−0.028%$1.1M$7.2M20xas long as short
OKX GME-USDT-SWAP0.0000%8h23.560−0.042%$302K$222K20xas long as short
Gate GME_USDT0.0000%8h23.580+0.042%$481K$27K20xas long as short
Bitget GMEUSDT0.0000%8h23.550−0.085%$364K$1.5M20xas long as short
Variational Omni GME0.0000%8h23.560−0.041%$217K$284Kas long as short
SunX GME-USDTlong0.0000%8h23.570long leg$2.4M10x
HTX GME-USDT0.0000%8h23.620+0.212%$12K$10K10xas long as short
Lighter GME+0.0032%1h23.565−0.021%10xas long as short
Arcus GME-USD+0.0040%1h23.5700.000%$1K$7K10xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin GMEUSDTM+0.0100%8h23.580+0.042%$162K$998K20xas long as short
Injective GME/USDC PERP+0.0220%1h23.730+0.679%$3K$26K5.5xas long as short
tradeXYZ xyz:GMEshort+0.0299%1h23.580+0.042%$3.6M$3.7M10x