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

GME

RWAall GME markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.020%
Price spread now: Aster against tradeXYZ−0.110%7-day average · you buy dearer than you sell
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−0.194%−$19 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdroptradeXYZ: Active · Aster: Stage 5 · farm boardneeds both histories
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Aster is 0.110% cheaper against tradeXYZ than usual: you would sell low and buy high (−$11 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongtradeXYZ xyz:GME23.6300.0050pay 0.0006% / 1h36m 46s$3.6M$3.1M10x
ShortAster GMEUSDT23.6040get 0.0000% / 8h3h 36m$11K$20K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against tradeXYZ. 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
−$10.5
Price spread: −0.110% → 0.000%
−$11
Slippage, 4 orders
no order book: not counted
Fee tradeXYZ: 9 bp × 2 orders
−$18
Fee Aster: 4 bp × 2 orders
−$8
Net
−$47.5
Costs to cover
0.260%
Break-even
never at this rate
Slippage unknown: tradeXYZ: live order book, 1 min ago; Aster: 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
LegHalf-spread$10k$100k$1M$5M
Buy tradeXYZ live order book, 1 min ago2.54 bp12.2 bp −$12doesn't fitdoesn't fitdoesn't fit
Sell Aster no order-book sample
Aster: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster GMEUSDTshort0.0000%8h23.604−0.110%$11K$20K20x
Binance GMEUSDT0.0000%8h23.620−0.042%$1.1M$5.5M20xas long as short
OKX GME-USDT-SWAP0.0000%8h23.610−0.085%$303K$203K20xas long as short
Gate GME_USDT0.0000%8h23.656+0.110%$482K$24K20xas long as short
Variational Omni GME0.0000%8h23.671+0.173%$217K$265Kas long as short
SunX GME-USDT0.0000%8h23.620−0.042%$2.4M10xas long as short
HTX GME-USDT0.0000%8h23.690+0.254%$12K$10K10xas long as short
Bitget GMEUSDT+0.0029%8h23.670+0.169%$356K$955K20xas long as short
Lighter GME+0.0032%1h23.596−0.144%10xas long as short
Arcus GME-USD+0.0040%1h23.620−0.042%$1K$6K10xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:GMElong+0.0050%1h23.630long leg$3.6M$3.1M10x
KuCoin GMEUSDTM+0.0100%8h23.610−0.085%$162K$988K20xas long as short
Injective GME/USDC PERP+0.0220%1h23.920+1.227%$3K$26K5.5xas long as short