Funding you earn now, next payment 08:00 UTC−0.0086%/8h= −9.4% APRnext payment −$0.43 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against BingX−0.044%7-day average −0.051% · you buy dearer than you sell
Net, funding: paid 7d − costs−$80as in the Funding arb table
Net, price: spread back to 7d avg − costs−$70as in the Price arb table
costs, in and out, $10k−$700.703% of the position
Funding, last 7 days−0.101%−$10 on $10k
+Price spread, last 7 days−0.029%−$3 · spread now −0.044%, 7d avg −0.051%
=The price spread sits at its 7-day average of −0.051%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX GPS-USDT | 0.01131 | 0.0186 | pay 0.0093% / 4h | 1h 44m | — | $1.2M | — |
| Short | MEXC GPS_USDT | 0.01131 | 0.0100 | get 0.0050% / 4h | 1h 44m | $2.9M | $361K | 100x |
BingX GPS-USDT
MEXC GPS_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against BingX. 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
- −$18.06
- Price spread: −0.044% → −0.051%
- $0.69
- Slippage, 4 orders
- −$56.34
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$87.71
- Costs to cover
- 0.703%
- Break-even
- never at this rate
Slippage from BingX: live order book, 15 min ago; MEXC: live order book, 2 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 BingX live order book, 15 min ago | 3.54 bp | 19.4 bp −$19 | 122.7 bp −$1,227 | 577.4 bp −$57.7K | 918.3 bp −$459.2K |
| Sell MEXC live order book, 2 min ago | 3.09 bp | 12.7 bp −$13 | 68.5 bp −$685 | 319.9 bp −$32.0K | doesn't fit |
GPS 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 GPSUSDT | +0.0100% | 4h | 0.01131 | −0.046% | $10K | $14K | 5x | as long as short |
| Binance GPSUSDT | +0.0100% | 4h | 0.01131 | −0.035% | $9.0M | $8.0M | 50x | as long as short |
| Bybit GPSUSDT | +0.0100% | 4h | 0.01130 | −0.124% | $1.4M | $1.2M | 50x | as long as short |
| OKX GPS-USDT-SWAP | +0.0100% | 4h | 0.01132 | +0.035% | $934K | $1.0M | 20x | as long as short |
| Gate GPS_USDT | +0.0100% | 8h | 0.01131 | +0.009% | $590K | $206K | 25x | as long as short |
| MEXC GPS_USDTshort | +0.0100% | 4h | 0.01131 | −0.044% | $2.9M | $361K | 100x | |
| KuCoin GPSUSDTM | +0.0100% | 4h | 0.01131 | −0.018% | $549K | $128K | 30x | as long as short |
| Variational Omni GPS | +0.0100% | 4h | 0.01130 | −0.119% | $3K | $201 | — | as long as short |
| HTX GPS-USDT | +0.0100% | 4h | 0.01132 | +0.080% | $8K | $140K | 20x | as long as short |
| Extended GPS-USD | +0.0104% | 1h | 0.01131 | −0.058% | — | — | 5x | as long as short |
Aster GPSUSDT
Binance GPSUSDT
Bybit GPSUSDT
OKX GPS-USDT-SWAP
Gate GPS_USDT
KuCoin GPSUSDTM
Variational Omni GPS
HTX GPS-USDT
Extended GPS-USDShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX GPS-USDTlong | +0.0186% | 4h | 0.01131 | long leg | — | $1.2M | — | |
| Bitget GPSUSDT | +0.0192% | 4h | 0.01132 | +0.097% | $941K | $522K | 50x | as long as short |
| Kraken Futures PF_GPSUSD | +0.2688% | 1h | 0.01132 | +0.051% | $17K | $5K | 10x | as long as short |
Bitget GPSUSDT
Kraken Futures PF_GPSUSD