Spread before costs (cost unknown: a leg has no order-book sample)+0.033%
7d average—if it closes, per $10,000$3funding while held, a day−$15.54
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget GMTUSDT | 0.008264 | 0.0100 | pay 0.0050% / 4h | 1h 15m | $667K | $431K | 50x |
| Short | Kraken Futures PF_GMTUSD | 0.008267 | −0.0418 | pay 0.0052% / 1h | 15m 16s | $47K | $7K | 20x |
Price spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- $3.35
- Funding while held
- −$15.54
- Slippage, 4 orders
- no order book: not counted
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$34.19
- Spread needed to break even
- 0.220%
Slippage unknown: Bitget: live order book, 12 min ago; Kraken Futures: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0518%
- Per $10,000 a day
- −$15.54
- Average in range /8h
- —
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 Bitget live order book, 12 min ago | 6.06 bp | 26.1 bp −$26 | 267.0 bp −$2,670 | doesn't fit | doesn't fit |
| Sell Kraken Futures no order-book sample | — | — | — | — | — |
Kraken Futures: 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.
GMT price on every exchange
against the cheapest. Click to use as the short leg.GMT on 12 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| KuCoin GMTUSDTM | −0.169% | +0.0100% | 4h | $256K | $102K | 50x | as long as short |
| OKX GMT-USDT-SWAP | −0.048% | +0.0100% | 4h | $338K | $552K | 20x | as long as short |
| Gate GMT_USDT | −0.048% | +0.0100% | 8h | $147K | $118K | 50x | as long as short |
| Variational Omni GMT | −0.015% | +0.0100% | 8h | $3K | $5K | — | as long as short |
| Bitget GMTUSDTlong | 0.000% | +0.0100% | 4h | $667K | $431K | 50x | |
| MEXC GMT_USDT | +0.012% | +0.0100% | 4h | $416K | $180K | 20x | as long as short |
| Kraken Futures PF_GMTUSDshort | +0.033% | −0.0418% | 1h | $47K | $7K | 20x | |
| Binance GMTUSDT | +0.039% | +0.0100% | 4h | $2.6M | $3.0M | 50x | as long as short |
| Aster GMTUSDT | +0.046% | +0.0100% | 4h | $8K | $14K | 10x | as long as short |
| Bybit GMTUSDT | +0.048% | +0.0100% | 8h | $1.1M | $1.1M | 50x | as long as short |
Show all 12 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| BingX GMT-USDT | +0.048% | +0.0100% | 4h | — | $1.2M | — | as long as short |
| Hyperliquid GMT | +0.085% | +0.0100% | 1h | $121K | $124K | 3x | as long as short |
Bitget GMTUSDT
Kraken Futures PF_GMTUSD
KuCoin
OKX
Gate
Variational Omni
MEXC
Binance
Aster
Bybit
BingX
Hyperliquid