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

GME

RWAall GME markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.1087%/8h= −119.0% APRpaid last 24h −0.032%
Price spread now: SunX against tradeXYZ+0.008%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)−0.132%−$13 · spread now +0.008%, 7d avg −0.030%
Together, before fees−0.301%+ Points / potential airdroptradeXYZ: Active · farm board−$30 on $10k · with fees, hour by hour
The price spread pays, funding is against you. SunX is 0.038% dearer against tradeXYZ than usual: you sell high and buy low (spread +0.008% now, against its 7-day average of −0.030%): +$4 on $10k if it goes back. Holding the pair costs −$33 a day in funding at the current rate, which eats that in about 3 hours. At the pace of the last 7 days (−0.168% in total) that is about 38 hours.
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
LongtradeXYZ xyz:GME23.5680.1087pay 0.0136% / 1h59m 13s$3.6M$3.7M10x
ShortSunX GME-USDT23.5700get 0.0000% / 8h4h 59m$2.4M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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
−$228.18
Price spread: +0.008% → −0.030%
$3.85
Slippage, 4 orders
no order book: not counted
Fee tradeXYZ: 9 bp × 2 orders
−$18
Fee SunX: 4 bp × 2 orders
−$8
Net
−$250.34
Costs to cover
0.260%
Break-even
never at this rate
Slippage unknown: tradeXYZ: live order book, 9 min ago; SunX: live order book, 8 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 tradeXYZ live order book, 9 min ago2.54 bp14.4 bp −$14doesn't fitdoesn't fitdoesn't fit
Sell SunX live order book, 8 min ago502.23 bpdoesn't fitdoesn'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%8h23.566−0.009%$11K$20K20xas long as short
Binance GMEUSDT0.0000%8h23.557−0.049%$1.1M$7.2M20xas long as short
OKX GME-USDT-SWAP0.0000%8h23.560−0.034%$302K$222K20xas long as short
Gate GME_USDT0.0000%8h23.577+0.038%$481K$25K20xas long as short
Bitget GMEUSDT0.0000%8h23.550−0.076%$364K$1.5M20xas long as short
Variational Omni GME0.0000%8h23.560−0.032%$217K$284Kas long as short
SunX GME-USDTshort0.0000%8h23.570+0.008%$2.4M10x
HTX GME-USDT0.0000%8h23.620+0.221%$12K$10K10xas long as short
Lighter GME+0.0032%1h23.550−0.076%10xas long as short
Arcus GME-USD+0.0040%1h23.570+0.008%$1K$7K10xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin GMEUSDTM+0.0100%8h23.580+0.051%$162K$1.0M20xas long as short
Injective GME/USDC PERP+0.0220%1h23.800+0.984%$3K$26K5.5xas long as short
tradeXYZ xyz:GMElong+0.1087%1h23.568long leg$3.6M$3.7M10x