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−0.0262%/8h= −28.7% APRnext payment $0.33 per $10,000 · paid last 24h
Price spread now: Lighter against tradeXYZ−0.072%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 daysno history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdroptradeXYZ: Active · Lighter: Season 3 · farm boardneeds both histories
Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and Lighter is 0.072% cheaper against tradeXYZ than usual: you would sell low and buy high (−$7 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:GME23.5820.0294pay 0.0037% / 1h0m 52s$3.6M$3.7M10x
ShortLighter GME23.5650.0032get 0.0004% / 1h0m 52s10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter 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
−$55.04
Price spread: −0.072% → 0.000%
−$7.21
Slippage, 4 orders
no order book: not counted
Fee tradeXYZ: 9 bp × 2 orders
−$18
Fee Lighter: 0 bp × 2 orders
$0
Net
−$80.25
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: tradeXYZ: live order book, 7 min ago; Lighter: 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, 7 min ago2.54 bp14.4 bp −$14doesn't fitdoesn't fitdoesn't fit
Sell Lighter no order-book sample
Lighter: 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 GMEUSDT0.0000%8h23.569−0.054%$11K$20K20xas long as short
Binance GMEUSDT0.0000%8h23.566−0.068%$1.1M$7.2M20xas long as short
OKX GME-USDT-SWAP0.0000%8h23.560−0.093%$302K$222K20xas long as short
Gate GME_USDT0.0000%8h23.580−0.008%$481K$27K20xas long as short
Bitget GMEUSDT0.0000%8h23.550−0.136%$364K$1.5M20xas long as short
Variational Omni GME0.0000%8h23.560−0.092%$217K$284Kas long as short
SunX GME-USDT0.0000%8h23.570−0.051%$2.4M10xas long as short
HTX GME-USDT0.0000%8h23.620+0.161%$12K$10K10xas long as short
Lighter GMEshort+0.0032%1h23.565−0.072%10x
Arcus GME-USD+0.0040%1h23.570−0.051%$1K$7K10xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin GMEUSDTM+0.0100%8h23.580−0.008%$162K$998K20xas long as short
Injective GME/USDC PERP+0.0220%1h23.730+0.628%$3K$26K5.5xas long as short
tradeXYZ xyz:GMElong+0.0294%1h23.582long leg$3.6M$3.7M10x