Funding you earn now, next payment 05:00 UTC−0.0170%/8h= −18.6% APRnext payment −$0.21 per $10,000 · paid last 24h −0.041%
Price spread now: tradeXYZ against Injective−1.212%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and tradeXYZ is 1.212% cheaper against Injective than usual: you would sell low and buy high (−$121 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective GME/USDC PERP | 23.920 | 0.0220 | pay 0.0028% / 1h | 36m 43s | $3K | $26K | 5.5x |
| Short | tradeXYZ xyz:GME | 23.630 | 0.0050 | get 0.0006% / 1h | 36m 43s | $3.6M | $3.1M | 10x |
Injective GME/USDC PERP
tradeXYZ xyz:GMEFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ against Injective. 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
- −$35.7
- Price spread: −1.212% → 0.000%
- −$121.24
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$174.96
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: Injective: no order-book sample; tradeXYZ: live order book, 1 min ago. 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 Injective no order-book sample | — | — | — | — | — |
| Sell tradeXYZ live order book, 1 min ago | 2.54 bp | 13.9 bp −$14 | doesn't fit | doesn't fit | doesn't fit |
Injective: 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster GMEUSDT | 0.0000% | 8h | 23.604 | −1.321% | $11K | $20K | 20x | as long as short |
| Binance GMEUSDT | 0.0000% | 8h | 23.620 | −1.254% | $1.1M | $5.5M | 20x | as long as short |
| OKX GME-USDT-SWAP | 0.0000% | 8h | 23.610 | −1.296% | $303K | $203K | 20x | as long as short |
| Gate GME_USDT | 0.0000% | 8h | 23.656 | −1.104% | $482K | $24K | 20x | as long as short |
| Variational Omni GME | 0.0000% | 8h | 23.671 | −1.042% | $217K | $265K | — | as long as short |
| SunX GME-USDT | 0.0000% | 8h | 23.620 | −1.254% | — | $2.4M | 10x | as long as short |
| HTX GME-USDT | 0.0000% | 8h | 23.690 | −0.962% | $12K | $10K | 10x | as long as short |
| Bitget GMEUSDT | +0.0029% | 8h | 23.670 | −1.045% | $356K | $955K | 20x | as long as short |
| Lighter GME | +0.0032% | 1h | 23.596 | −1.355% | — | — | 10x | as long as short |
| Arcus GME-USD | +0.0040% | 1h | 23.620 | −1.254% | $1K | $6K | 10x | as long as short |
Aster GMEUSDT
Binance GMEUSDT
OKX GME-USDT-SWAP
Gate GME_USDT
Variational Omni GME
SunX GME-USDT
HTX GME-USDT
Bitget GMEUSDT
Lighter GME
Arcus GME-USDShow 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 | −1.212% | $3.6M | $3.1M | 10x | |
| KuCoin GMEUSDTM | +0.0100% | 8h | 23.610 | −1.296% | $162K | $988K | 20x | as long as short |
| Injective GME/USDC PERPlong | +0.0220% | 1h | 23.920 | long leg | $3K | $26K | 5.5x |
KuCoin GMEUSDTM