Funding you earn now, next payment 07:00 UTC+0.0032%/8h= +3.5% APRpaid last 24h —
Price spread now: Lighter against Binance+0.042%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Lighter is 0.042% dearer against Binance than usual: you sell high and buy low: +$4 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance GMEUSDT | 23.540 | 0 | get 0.0000% / 8h | 1h 39m | $1.1M | $5.3M | 20x |
| Short | Lighter GME | 23.550 | 0.0032 | get 0.0004% / 1h | 39m 18s | — | — | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Binance. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $6.72
- Price spread: +0.042% → 0.000%
- $4.25
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $0.97
- Costs to cover
- 0.100%
- Break-even
- 6.0 days
Slippage unknown: Binance: live order book, 13 min ago; Lighter: no order-book sample. Net counts fees only.
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 Binance live order book, 13 min ago | 2.12 bp | 13.0 bp −$13 | 48.8 bp −$488 | doesn't fit | doesn't fit |
| Sell Lighter no order-book sample | — | — | — | — | — |
Lighter: 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.
GME on 13 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:GME | −0.0510% | 1h | 23.546 | +0.025% | $3.6M | $2.6M | 10x | as long as short |
| Aster GMEUSDT | 0.0000% | 8h | 23.546 | +0.027% | $11K | $20K | 20x | as long as short |
| Binance GMEUSDTlong | 0.0000% | 8h | 23.540 | long leg | $1.1M | $5.3M | 20x | |
| OKX GME-USDT-SWAP | 0.0000% | 8h | 23.540 | 0.000% | $301K | $200K | 20x | as long as short |
| Gate GME_USDT | 0.0000% | 8h | 23.562 | +0.093% | $479K | $23K | 20x | as long as short |
| Bitget GMEUSDT | 0.0000% | 8h | 23.570 | +0.127% | $377K | $908K | 20x | as long as short |
| Variational Omni GME | 0.0000% | 8h | 23.541 | +0.004% | $216K | $253K | — | as long as short |
| SunX GME-USDT | 0.0000% | 8h | 23.550 | +0.042% | — | $2.4M | 10x | as long as short |
| HTX GME-USDT | 0.0000% | 8h | 23.590 | +0.212% | $12K | $10K | 10x | as long as short |
| Lighter GMEshort | +0.0032% | 1h | 23.550 | +0.042% | — | — | 10x |
Show all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Arcus GME-USD | +0.0040% | 1h | 23.540 | 0.000% | $1K | $7K | 10x | as long as short |
| KuCoin GMEUSDTM | +0.0100% | 8h | 23.550 | +0.042% | $160K | $977K | 20x | as long as short |
| Injective GME/USDC PERP | +0.0220% | 1h | 23.800 | +1.105% | $3K | $26K | 5.5x | as long as short |
Binance GMEUSDT
Lighter GME
tradeXYZ xyz:GME
Aster GMEUSDT
OKX GME-USDT-SWAP
Gate GME_USDT
Bitget GMEUSDT
Variational Omni GME
SunX GME-USDT
HTX GME-USDT
KuCoin GMEUSDTM
Injective GME/USDC PERP