data as of
Settings8H · net · $10k
Price arb /

GMT

all GMT markets
SwapFunding view
Alert
Spread before costs (cost unknown: a leg has no order-book sample)−0.025%
7d averageif it closes, per $10,000$3funding while held, a day+$15.55
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_GMTUSD0.008258−0.0418get 0.0052% / 1h21m 09s$47K$7K20x
ShortVariational Omni GMT0.0082560.0100get 0.0100% / 8h5h 21m$3K$5K

Price spread history

latest
Range statsloading…

How often the spread is this wide

share of time at each level, last 7D

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

Profit calculator

Spread captured
−$2.53
Funding while held
$15.55
Slippage, 4 orders
no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee Variational Omni: 0 bp × 2 orders
$0
Net
$3.02
Spread needed to break even
0.100%
Slippage unknown: Kraken Futures: no order-book sample; Variational Omni: no order-book sample. Net counts fees only.

Cost of waiting

funding view
Funding /8h
+0.0518%
Per $10,000 a day
+$15.55
Average in range /8h

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Kraken Futures no order-book sample
Sell Variational Omni no order-book sample
Kraken Futures and Variational Omni: 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.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
KuCoin GMTUSDTM−0.345%+0.0100%4h$255K$102K50xas long as short
OKX GMT-USDT-SWAP−0.163%+0.0100%4h$337K$551K20xas long as short
Bitget GMTUSDT−0.151%+0.0100%4h$666K$430K50xas long as short
BingX GMT-USDT−0.127%+0.0100%4h$1.2Mas long as short
Aster GMTUSDT−0.102%+0.0100%4h$8K$14K10xas long as short
Bybit GMTUSDT−0.090%+0.0100%8h$1.1M$1.1M50xas long as short
MEXC GMT_USDT−0.066%+0.0100%4h$416K$179K20xas long as short
Binance GMTUSDT−0.058%+0.0100%4h$2.6M$3.0M50xas long as short
Hyperliquid GMT−0.042%+0.0100%1h$121K$123K3xas long as short
Variational Omni GMTshort−0.025%+0.0100%8h$3K$5K
Show all 12 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Kraken Futures PF_GMTUSDlong0.000%−0.0418%1h$47K$7K20x
Gate GMT_USDT+0.019%+0.0100%8h$148K$118K50xas long as short