Funding you earn now, next payment 04:00 UTC+0.0957%/8h= +104.8% APRpaid last 24h +0.032%
Price spread now: tradeXYZ against OKX+0.038%7-day average +0.024% · you sell dearer than you buy
Net, funding: paid 7d − costs−$170as in the Funding arb table
Net, price: spread back to 7d avg − costs−$185as in the Price arb table
costs, in and out, $10k−$1871.868% of the position
Funding, last 7 days+0.168%+$17 on $10k
+Price spread, last 4 days (all we have)−0.029%−$3 · spread now +0.038%, 7d avg +0.024%
=Together, before fees+0.139%+ Points / potential airdroptradeXYZ: Active · farm board+$14 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.024%, so right now this pair is about funding alone: +$29 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.168% in total (about 8.8% 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 | OKX GME-USDT-SWAP | 23.560 | 0 | get 0.0000% / 8h | 4h 59m | $302K | $222K | 20x |
| Short | tradeXYZ xyz:GME | 23.569 | 0.0957 | get 0.0120% / 1h | 59m 44s | $3.6M | $3.7M | 10x |
OKX GME-USDT-SWAP
tradeXYZ xyz:GMEFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ against OKX. 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
- $200.93
- Price spread: +0.038% → +0.024%
- $1.42
- Slippage, 4 orders
- −$158.83
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- $15.52
- Costs to cover
- 1.868%
- Break-even
- 6.5 days
Slippage from OKX: live order book, 61 min ago; tradeXYZ: live order book, 8 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 OKX live order book, 61 min ago | 4.26 bp | 103.1 bp −$103 | doesn't fit | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 8 min ago | 2.54 bp | 13.3 bp −$13 | 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 | 23.568 | +0.034% | $11K | $20K | 20x | as long as short |
| Binance GMEUSDT | 0.0000% | 8h | 23.565 | +0.021% | $1.1M | $7.2M | 20x | as long as short |
| OKX GME-USDT-SWAPlong | 0.0000% | 8h | 23.560 | long leg | $302K | $222K | 20x | |
| Gate GME_USDT | 0.0000% | 8h | 23.577 | +0.072% | $481K | $25K | 20x | as long as short |
| Bitget GMEUSDT | 0.0000% | 8h | 23.550 | −0.042% | $364K | $1.5M | 20x | as long as short |
| Variational Omni GME | 0.0000% | 8h | 23.560 | +0.002% | $217K | $284K | — | as long as short |
| SunX GME-USDT | 0.0000% | 8h | 23.570 | +0.042% | — | $2.4M | 10x | as long as short |
| HTX GME-USDT | 0.0000% | 8h | 23.620 | +0.255% | $12K | $10K | 10x | as long as short |
| Lighter GME | +0.0032% | 1h | 23.559 | −0.004% | — | — | 10x | as long as short |
| Arcus GME-USD | +0.0040% | 1h | 23.570 | +0.042% | $1K | $7K | 10x | as long as short |
Aster GMEUSDT
Binance GMEUSDT
Gate GME_USDT
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 | 23.580 | +0.085% | $161K | $999K | 20x | as long as short |
| Injective GME/USDC PERP | +0.0220% | 1h | 23.730 | +0.722% | $3K | $26K | 5.5x | as long as short |
| tradeXYZ xyz:GMEshort | +0.0957% | 1h | 23.569 | +0.038% | $3.6M | $3.7M | 10x |
KuCoin GMEUSDTM
Injective GME/USDC PERP