Funding you earn now, next payment 04:00 UTC+0.1860%/8h= +203.6% APRpaid last 24h +0.033%
Price spread now: tradeXYZ against Gate+0.139%7-day average −0.003% · you sell dearer than you buy
Net, funding: paid 7d − costs−$60as in the Funding arb table
Net, price: spread back to 7d avg − costs−$63as in the Price arb table
costs, in and out, $10k−$770.775% of the position
Funding, last 7 days+0.173%+$17 on $10k
+Price spread, last 4 days (all we have)−0.146%−$15 · spread now +0.139%, 7d avg −0.003%
=Together, before fees+0.026%+ Points / potential airdroptradeXYZ: Active · farm board+$3 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$56 a day on $10k at the current rate, and tradeXYZ is 0.142% dearer against Gate than usual: you sell high and buy low: +$14 more if the spread goes back to its 7-day average of −0.003%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.173% in total (about 9.0% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate GME_USDT | 23.663 | 0 | get 0.0000% / 8h | 4h 33m | $482K | $25K | 20x |
| Short | tradeXYZ xyz:GME | 23.696 | 0.1860 | get 0.0232% / 1h | 33m 16s | $3.6M | $3.3M | 10x |
Gate GME_USDT
tradeXYZ xyz:GMEFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ against Gate. 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
- $390.55
- Price spread: +0.139% → −0.003%
- $14.22
- Slippage, 4 orders
- −$44.5
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- $327.27
- Costs to cover
- 0.775%
- Break-even
- 1.1 days
Slippage from Gate: live order book, 23 min ago; tradeXYZ: live order book, 5 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 Gate live order book, 23 min ago | 11.65 bp | 21.5 bp −$21 | doesn't fit | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 5 min ago | 1.48 bp | 11.3 bp −$11 | 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 | 23.717 | +0.227% | $11K | $20K | 20x | as long as short |
| Binance GMEUSDT | 0.0000% | 8h | 23.707 | +0.185% | $1.2M | $7.0M | 20x | as long as short |
| OKX GME-USDT-SWAP | 0.0000% | 8h | 23.730 | +0.283% | $305K | $225K | 20x | as long as short |
| Gate GME_USDTlong | 0.0000% | 8h | 23.663 | long leg | $482K | $25K | 20x | |
| Bitget GMEUSDT | 0.0000% | 8h | 23.710 | +0.199% | $357K | $1.5M | 20x | as long as short |
| Variational Omni GME | 0.0000% | 8h | 23.681 | +0.075% | $218K | $267K | — | as long as short |
| SunX GME-USDT | 0.0000% | 8h | 23.690 | +0.114% | — | $2.4M | 10x | as long as short |
| HTX GME-USDT | 0.0000% | 8h | 23.790 | +0.537% | $12K | $10K | 10x | as long as short |
| Lighter GME | +0.0032% | 1h | 23.748 | +0.359% | — | — | 10x | as long as short |
| Arcus GME-USD | +0.0040% | 1h | 23.690 | +0.114% | $1K | $7K | 10x | as long as short |
Aster GMEUSDT
Binance GMEUSDT
OKX GME-USDT-SWAP
Bitget GMEUSDT
Variational Omni GME
SunX GME-USDT
HTX GME-USDT
Lighter GME
Arcus GME-USDShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin GMEUSDTM | +0.0100% | 8h | 23.700 | +0.156% | $163K | $996K | 20x | as long as short |
| Injective GME/USDC PERP | +0.0220% | 1h | 23.930 | +1.128% | $3K | $26K | 5.5x | as long as short |
| tradeXYZ xyz:GMEshort | +0.1860% | 1h | 23.696 | +0.139% | $3.6M | $3.3M | 10x |
KuCoin GMEUSDTM
Injective GME/USDC PERP