Settings8H · net · $10k
Funding arb · Price arb /

GME

RWAall GME markets
SwapBacktest
Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
Funding, last 7 daysno history yet
Price spread, last 7 daysno 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).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance GMEUSDT23.5400get 0.0000% / 8h1h 39m$1.1M$5.3M20x
ShortLighter GME23.5500.0032get 0.0004% / 1h39m 18s10x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 13 min ago2.12 bp13.0 bp −$1348.8 bp −$488doesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:GME−0.0510%1h23.546+0.025%$3.6M$2.6M10xas long as short
Aster GMEUSDT0.0000%8h23.546+0.027%$11K$20K20xas long as short
Binance GMEUSDTlong0.0000%8h23.540long leg$1.1M$5.3M20x
OKX GME-USDT-SWAP0.0000%8h23.5400.000%$301K$200K20xas long as short
Gate GME_USDT0.0000%8h23.562+0.093%$479K$23K20xas long as short
Bitget GMEUSDT0.0000%8h23.570+0.127%$377K$908K20xas long as short
Variational Omni GME0.0000%8h23.541+0.004%$216K$253Kas long as short
SunX GME-USDT0.0000%8h23.550+0.042%$2.4M10xas long as short
HTX GME-USDT0.0000%8h23.590+0.212%$12K$10K10xas long as short
Lighter GMEshort+0.0032%1h23.550+0.042%10x
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Arcus GME-USD+0.0040%1h23.5400.000%$1K$7K10xas long as short
KuCoin GMEUSDTM+0.0100%8h23.550+0.042%$160K$977K20xas long as short
Injective GME/USDC PERP+0.0220%1h23.800+1.105%$3K$26K5.5xas long as short