Funding you earn now, next payment 08:00 UTC+0.0048%/8h= +5.2% APRnext payment +$0.06 per $10,000 · paid last 24h −0.016%
Price spread now: Arcus against tradeXYZ−0.059%7-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
=Funding pays, the price is against you. Arcus is 0.059% cheaper against tradeXYZ than usual: you would sell low and buy high (spread −0.059% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$6 on $10k: about 4.1 days of funding at the current rate (+$1 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:GME | 23.544 | −0.0008 | get 0.0001% / 1h | 30m 39s | $3.6M | $2.6M | 10x |
| Short | Arcus GME-USD | 23.530 | 0.0040 | get 0.0005% / 1h | 30m 39s | $1K | $7K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Arcus against tradeXYZ. 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
- $10.05
- Price spread: −0.059% → 0.000%
- −$5.95
- Slippage, 4 orders
- no order book: not counted
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Net
- −$18.4
- Costs to cover
- 0.225%
- Break-even
- 19.8 days
Slippage unknown: tradeXYZ: live order book, 7 min ago; Arcus: no order-book sample. 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 tradeXYZ live order book, 7 min ago | 5.10 bp | 15.2 bp −$15 | 60.6 bp −$606 | doesn't fit | doesn't fit |
| Sell Arcus no order-book sample | — | — | — | — | — |
Arcus: 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 | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:GMElong | −0.0008% | 1h | 23.544 | long leg | $3.6M | $2.6M | 10x | |
| Aster GMEUSDT | 0.0000% | 8h | 23.553 | +0.039% | $11K | $20K | 20x | as long as short |
| Binance GMEUSDT | 0.0000% | 8h | 23.533 | −0.045% | $1.1M | $5.2M | 20x | as long as short |
| OKX GME-USDT-SWAP | 0.0000% | 8h | 23.550 | +0.025% | $304K | $201K | 20x | as long as short |
| Gate GME_USDT | 0.0000% | 8h | 23.551 | +0.030% | $479K | $23K | 20x | as long as short |
| Bitget GMEUSDT | 0.0000% | 8h | 23.540 | −0.017% | $363K | $837K | 20x | as long as short |
| Variational Omni GME | 0.0000% | 8h | 23.531 | −0.057% | $213K | $257K | — | as long as short |
| SunX GME-USDT | 0.0000% | 8h | 23.520 | −0.102% | — | $2.4M | 10x | as long as short |
| HTX GME-USDT | 0.0000% | 8h | 23.580 | +0.153% | $12K | $10K | 10x | as long as short |
| Lighter GME | +0.0032% | 1h | 23.564 | +0.085% | — | — | 10x | as long as short |
Show all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Arcus GME-USDshort | +0.0040% | 1h | 23.530 | −0.059% | $1K | $7K | 10x | |
| KuCoin GMEUSDTM | +0.0100% | 8h | 23.500 | −0.187% | $161K | $991K | 20x | as long as short |
| Injective GME/USDC PERP | +0.0220% | 1h | 23.800 | +1.087% | $3K | $26K | 5.5x | as long as short |
tradeXYZ xyz:GME
Aster GMEUSDT
Binance GMEUSDT
OKX GME-USDT-SWAP
Gate GME_USDT
Bitget GMEUSDT
Variational Omni GME
SunX GME-USDT
HTX GME-USDT
Lighter GME
KuCoin GMEUSDTM
Injective GME/USDC PERP