Funding you earn now, next payment 05:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.020%
Price spread now: tradeXYZ against Binance+0.053%7-day average +0.013% · you sell dearer than you buy
Net, funding: paid 7d − costs−$34as in the Funding arb table
Net, price: spread back to 7d avg − costs−$55as in the Price arb table
costs, in and out, $10k−$590.587% of the position
Funding, last 7 days+0.249%+$25 on $10k
+Price spread, last 7 days−0.012%−$1 · spread now +0.053%, 7d avg +0.013%
=Together, before fees+0.237%+ Points / potential airdroptradeXYZ: Active · farm board+$24 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and tradeXYZ is 0.039% dearer against Binance than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.013%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance GMEUSDT | 23.618 | 0 | get 0.0000% / 8h | 3h 36m | $1.1M | $5.5M | 20x |
| Short | tradeXYZ xyz:GME | 23.630 | 0.0050 | get 0.0006% / 1h | 36m 46s | $3.6M | $3.1M | 10x |
Binance GMEUSDT
tradeXYZ xyz:GMEFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- $10.5
- Price spread: +0.053% → +0.013%
- $3.94
- Slippage, 4 orders
- −$30.7
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$44.27
- Costs to cover
- 0.587%
- Break-even
- 36.5 days
Slippage from Binance: live order book, 1 min ago; tradeXYZ: live order book, 1 min ago.
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, 1 min ago | 4.23 bp | 15.8 bp −$16 | 51.6 bp −$516 | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 1 min ago | 2.54 bp | 13.9 bp −$14 | doesn't fit | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Aster GMEUSDT | 0.0000% | 8h | 23.599 | −0.079% | $11K | $20K | 20x | as long as short |
| Binance GMEUSDTlong | 0.0000% | 8h | 23.618 | long leg | $1.1M | $5.5M | 20x | |
| OKX GME-USDT-SWAP | 0.0000% | 8h | 23.610 | −0.032% | $303K | $203K | 20x | as long as short |
| Gate GME_USDT | 0.0000% | 8h | 23.656 | +0.163% | $482K | $24K | 20x | as long as short |
| Variational Omni GME | 0.0000% | 8h | 23.671 | +0.226% | $217K | $265K | — | as long as short |
| SunX GME-USDT | 0.0000% | 8h | 23.620 | +0.010% | — | $2.4M | 10x | as long as short |
| HTX GME-USDT | 0.0000% | 8h | 23.690 | +0.307% | $12K | $10K | 10x | as long as short |
| Lighter GME | +0.0032% | 1h | 23.586 | −0.134% | — | — | 10x | as long as short |
| Arcus GME-USD | +0.0040% | 1h | 23.630 | +0.053% | $1K | $6K | 10x | as long as short |
| Bitget GMEUSDT | +0.0041% | 8h | 23.670 | +0.222% | $356K | $955K | 20x | as long as short |
Aster GMEUSDT
OKX GME-USDT-SWAP
Gate GME_USDT
Variational Omni GME
SunX GME-USDT
HTX GME-USDT
Lighter GME
Arcus GME-USD
Bitget GMEUSDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:GMEshort | +0.0050% | 1h | 23.630 | +0.053% | $3.6M | $3.1M | 10x | |
| KuCoin GMEUSDTM | +0.0100% | 8h | 23.620 | +0.010% | $162K | $988K | 20x | as long as short |
| Injective GME/USDC PERP | +0.0220% | 1h | 23.920 | +1.280% | $3K | $26K | 5.5x | as long as short |
KuCoin GMEUSDTM
Injective GME/USDC PERP