Funding you earn now, next payment 03:00 UTC−0.0074%/8h= −8.1% APRnext payment −$0.09 per $10,000 · paid last 24h +0.028%
Price spread now: Injective against tradeXYZ+0.628%7-day average — · you sell dearer than you buy
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
=The price spread pays, funding is against you. Injective is 0.628% dearer against tradeXYZ than usual: you sell high and buy low (spread +0.628% now, against zero (this spread has no 7-day history yet)): +$63 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 28 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:GME | 23.582 | 0.0294 | pay 0.0037% / 1h | 1m 02s | $3.6M | $3.7M | 10x |
| Short | Injective GME/USDC PERP | 23.730 | 0.0220 | get 0.0028% / 1h | 1m 02s | $3K | $26K | 5.5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Injective 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
- −$15.56
- Price spread: +0.628% → 0.000%
- $62.76
- Slippage, 4 orders
- no order book: not counted
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $29.18
- Costs to cover
- 0.180%
- Break-even
- from the start
Slippage unknown: tradeXYZ: live order book, 7 min ago; Injective: 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 | 2.54 bp | 14.4 bp −$14 | doesn't fit | doesn't fit | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
Injective: 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster GMEUSDT | 0.0000% | 8h | 23.570 | −0.051% | $11K | $20K | 20x | as long as short |
| Binance GMEUSDT | 0.0000% | 8h | 23.569 | −0.055% | $1.1M | $7.3M | 20x | as long as short |
| OKX GME-USDT-SWAP | 0.0000% | 8h | 23.580 | −0.008% | $303K | $222K | 20x | as long as short |
| Gate GME_USDT | 0.0000% | 8h | 23.586 | +0.017% | $481K | $27K | 20x | as long as short |
| Bitget GMEUSDT | 0.0000% | 8h | 23.550 | −0.136% | $364K | $1.5M | 20x | as long as short |
| Variational Omni GME | 0.0000% | 8h | 23.560 | −0.092% | $217K | $284K | — | as long as short |
| SunX GME-USDT | 0.0000% | 8h | 23.570 | −0.051% | — | $2.4M | 10x | as long as short |
| HTX GME-USDT | 0.0000% | 8h | 23.620 | +0.161% | $12K | $10K | 10x | as long as short |
| Lighter GME | +0.0032% | 1h | 23.565 | −0.072% | — | — | 10x | as long as short |
| Arcus GME-USD | +0.0040% | 1h | 23.570 | −0.051% | $1K | $7K | 10x | as long as short |
Show all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin GMEUSDTM | +0.0100% | 8h | 23.580 | −0.008% | $163K | $998K | 20x | as long as short |
| Injective GME/USDC PERPshort | +0.0220% | 1h | 23.730 | +0.628% | $3K | $26K | 5.5x | |
| tradeXYZ xyz:GMElong | +0.0294% | 1h | 23.582 | long leg | $3.6M | $3.7M | 10x |
tradeXYZ xyz:GME
Injective GME/USDC PERP
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