Spread before costs (cost unknown: a leg has no order-book sample)−0.104%
7d average—if it closes, per $10,000$10funding while held, a day+$15.34
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_GMTUSD | 0.008250 | −0.0411 | get 0.0051% / 1h | 16m 08s | $47K | $7K | 20x |
| Short | Binance GMTUSDT | 0.008241 | 0.0100 | get 0.0050% / 4h | 2h 16m | $2.6M | $2.9M | 50x |
Kraken Futures PF_GMTUSD
Binance GMTUSDTPrice 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
- −$10.45
- Funding while held
- $15.34
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$15.11
- Spread needed to break even
- 0.200%
Slippage unknown: Kraken Futures: no order-book sample; Binance: live order book, 6 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0511%
- Per $10,000 a day
- +$15.34
- 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 Kraken Futures no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 6 min ago | 1.21 bp | 20.4 bp −$20 | 90.2 bp −$902 | doesn't fit | doesn't fit |
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.
OKX
Gate
KuCoin
BingX
Bitget
MEXC
Bybit
Aster
Variational Omni
HyperliquidGMT on 12 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| OKX GMT-USDT-SWAP | −0.238% | +0.0100% | 4h | $331K | $538K | 20x | as long as short |
| Gate GMT_USDT | −0.238% | +0.0100% | 8h | $148K | $116K | 50x | as long as short |
| KuCoin GMTUSDTM | −0.238% | +0.0100% | 4h | $252K | $102K | 50x | as long as short |
| BingX GMT-USDT | −0.141% | +0.0100% | 4h | — | $1.2M | — | as long as short |
| Bitget GMTUSDT | −0.129% | +0.0100% | 4h | $668K | $430K | 50x | as long as short |
| MEXC GMT_USDT | −0.117% | +0.0100% | 4h | $455K | $175K | 20x | as long as short |
| Binance GMTUSDTshort | −0.104% | +0.0100% | 4h | $2.6M | $2.9M | 50x | |
| Bybit GMTUSDT | −0.104% | +0.0100% | 8h | $1.1M | $1.1M | 50x | as long as short |
| Aster GMTUSDT | −0.096% | +0.0100% | 4h | $8K | $14K | 10x | as long as short |
| Variational Omni GMT | −0.060% | +0.0100% | 8h | $3K | $5K | — | as long as short |
Show all 12 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Hyperliquid GMT | −0.044% | +0.0100% | 1h | $121K | $124K | 3x | as long as short |
| Kraken Futures PF_GMTUSDlong | 0.000% | −0.0411% | 1h | $47K | $7K | 20x |