Funding arb · Price arb /

GME

RWAall GME markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0040%/8h= +4.4% APRpaid last 24h +0.012%

Price spread now: Arcus against Variational Omni−0.052%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Variational Omni Short on Arcus

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories

Funding pays, the price is against you. Arcus is 0.052% cheaper against Variational Omni than usual: you would sell low and buy high (spread −0.052% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$5 on $10k: about 4.3 days of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni GME	23.412	0	get 0.0000% / 8h	40m 58s	$68K	$127K	—
Short	Arcus GME-USD	23.400	0.0040	get 0.0005% / 1h	40m 58s	$1K	$9K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Arcus against Variational Omni. 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

Position, each leg$Hold fordaysFee Variational OmnibpFee ArcusbpOrdersPrice spread, now −0.052%Rate

Funding earned: $8.46
Price spread: −0.052% → 0.000%: −$5.16
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Net: −$1.2
Costs to cover: 0.045%
Break-even: 8.0 days

Slippage unknown: Variational Omni: RFQ quote, 38 min ago; Arcus: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Variational Omni RFQ quote, 38 min ago	11.31 bp	doesn't fit	104.5 bp −$1,045	doesn't fit	doesn't fit
Sell Arcus no order-book sample	—	—	—	—	—

Arcus: 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	23.416	+0.016%	$11K	$20K	20x	as long as short
Binance GMEUSDT	0.0000%	8h	23.414	+0.010%	$1.1M	$7.1M	20x	as long as short
OKX GME-USDT-SWAP	0.0000%	8h	23.410	−0.009%	$309K	$210K	20x	as long as short
Gate GME_USDT	0.0000%	8h	23.408	−0.017%	$457K	$18K	20x	as long as short
Bitget GMEUSDT	0.0000%	8h	23.420	+0.034%	$385K	$1.5M	20x	as long as short
Variational Omni GMElong	0.0000%	8h	23.412	long leg	$68K	$127K	—
SunX GME-USDT	0.0000%	8h	23.410	−0.009%	—	$2.6M	10x	as long as short
HTX GME-USDT	0.0000%	8h	23.450	+0.162%	$12K	$9K	10x	as long as short
Lighter GME	+0.0032%	1h	23.414	+0.008%	—	—	10x	as long as short
Arcus GME-USDshort	+0.0040%	1h	23.400	−0.052%	$1K	$9K	10x

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
tradeXYZ xyz:GME	+0.0050%	1h	23.415	+0.012%	$3.5M	$4.2M	10x	as long as short
KuCoin GMEUSDTM	+0.0073%	8h	23.380	−0.137%	$145K	$935K	20x	as long as short
Injective GME/USDC PERP	+0.0220%	1h	23.660	+1.059%	$3K	$26K	5.5x	as long as short