Spread before costs (cost unknown: a leg has no order-book sample)−0.025%
7d average—if it closes, per $10,000$3funding while held, a day+$15.55
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_GMTUSD | 0.008258 | −0.0418 | get 0.0052% / 1h | 21m 09s | $47K | $7K | 20x |
| Short | Variational Omni GMT | 0.008256 | 0.0100 | get 0.0100% / 8h | 5h 21m | $3K | $5K | — |
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
- −$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| Leg | Half-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.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| KuCoin GMTUSDTM | −0.345% | +0.0100% | 4h | $255K | $102K | 50x | as long as short |
| OKX GMT-USDT-SWAP | −0.163% | +0.0100% | 4h | $337K | $551K | 20x | as long as short |
| Bitget GMTUSDT | −0.151% | +0.0100% | 4h | $666K | $430K | 50x | as long as short |
| BingX GMT-USDT | −0.127% | +0.0100% | 4h | — | $1.2M | — | as long as short |
| Aster GMTUSDT | −0.102% | +0.0100% | 4h | $8K | $14K | 10x | as long as short |
| Bybit GMTUSDT | −0.090% | +0.0100% | 8h | $1.1M | $1.1M | 50x | as long as short |
| MEXC GMT_USDT | −0.066% | +0.0100% | 4h | $416K | $179K | 20x | as long as short |
| Binance GMTUSDT | −0.058% | +0.0100% | 4h | $2.6M | $3.0M | 50x | as long as short |
| Hyperliquid GMT | −0.042% | +0.0100% | 1h | $121K | $123K | 3x | as long as short |
| Variational Omni GMTshort | −0.025% | +0.0100% | 8h | $3K | $5K | — |
Show all 12 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Kraken Futures PF_GMTUSDlong | 0.000% | −0.0418% | 1h | $47K | $7K | 20x | |
| Gate GMT_USDT | +0.019% | +0.0100% | 8h | $148K | $118K | 50x | as long as short |
Kraken Futures PF_GMTUSD
Variational Omni GMT
KuCoin
OKX
Bitget
BingX
Aster
Bybit
MEXC
Binance
Hyperliquid
Gate