Settings8H · net · $10k
Funding arb · Price arb /

GPS

all GPS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against BingX+0.040%7-day average −0.042% · you sell dearer than you buy
Net, funding: paid 7d − costs−$113as in the Funding arb table
Net, price: spread back to 7d avg − costs−$95as in the Price arb table
costs, in and out, $10k−$1031.032% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.098%−$10 on $10k
Price spread, last 7 days−0.110%−$11 · spread now +0.040%, 7d avg −0.042%
Together, before fees−0.208%−$21 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.082% dearer against BingX than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of −0.042%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX GPS-USDT0.011190.0100pay 0.0050% / 4h3h 20m$1.2M
ShortBinance GPSUSDT0.011190.0100get 0.0050% / 4h3h 20m$8.8M$9.2M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against BingX. 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

Funding earned
$0
Price spread: +0.040% → −0.042%
$8.22
Slippage, 4 orders
−$83.16
Fee BingX: 5 bp × 2 orders
−$10
Fee Binance: 5 bp × 2 orders
−$10
Net
−$94.94
Costs to cover
1.032%
Break-even
never at this rate
Slippage from BingX: live order book, 7 min ago; Binance: live order book, 4 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BingX live order book, 7 min ago3.12 bp25.3 bp −$2562.8 bp −$628246.9 bp −$24.7K704.6 bp −$352.3K
Sell Binance live order book, 4 min ago0.45 bp25.8 bp −$26122.6 bp −$1,226doesn't fitdoesn't fit

GPS on 13 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster GPSUSDT+0.0100%4h0.01119+0.023%$10K$15K5xas long as short
Binance GPSUSDTshort+0.0100%4h0.01119+0.040%$8.8M$9.2M50x
Bybit GPSUSDT+0.0100%4h0.01117−0.089%$1.4M$1.3M50xas long as short
OKX GPS-USDT-SWAP+0.0100%4h0.01119+0.018%$927K$1.5M20xas long as short
Gate GPS_USDT+0.0100%8h0.01120+0.098%$587K$328K25xas long as short
MEXC GPS_USDT+0.0100%4h0.01119+0.036%$2.7M$548K100xas long as short
KuCoin GPSUSDTM+0.0100%4h0.01121+0.224%$551K$153K30xas long as short
Bitget GPSUSDT+0.0100%4h0.01119+0.072%$926K$707K50xas long as short
BingX GPS-USDTlong+0.0100%4h0.01119long leg$1.2M
Variational Omni GPS+0.0100%4h0.01117−0.142%$3K$201as long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX GPS-USDT+0.0100%4h0.01119+0.009%$8K$142K20xas long as short
Extended GPS-USD+0.0104%1h0.01119+0.019%5xas long as short
Kraken Futures PF_GPSUSD+0.3376%1h0.01123+0.368%$17K$8K10xas long as short