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

GPS

all GPS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0092%/8h= −10.1% APRnext payment $0.46 per $10,000 · paid last 24h 0.000%
Price spread now: OKX against BingX+0.142%7-day average +0.124% · you sell dearer than you buy
Net, funding: paid 7d − costs−$129as in the Funding arb table
Net, price: spread back to 7d avg − costs−$128as in the Price arb table
costs, in and out, $10k−$1291.294% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.008%+$1 on $10k
Price spread, last 7 days+0.011%+$1 · spread now +0.142%, 7d avg +0.124%
Together, before fees+0.019%+$2 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.124%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX GPS-USDT0.011310.0192pay 0.0096% / 4h1h 42m$1.2M
ShortOKX GPS-USDT-SWAP0.011320.0100get 0.0050% / 4h1h 42m$935K$1.0M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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
−$19.32
Price spread: +0.142% → +0.124%
$1.76
Slippage, 4 orders
−$109.39
Fee BingX: 5 bp × 2 orders
−$10
Fee OKX: 5 bp × 2 orders
−$10
Net
−$146.95
Costs to cover
1.294%
Break-even
never at this rate
Slippage from BingX: live order book, 3 min ago; OKX: 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, 3 min ago3.54 bp22.6 bp −$23136.5 bp −$1,365577.5 bp −$57.8K918.3 bp −$459.1K
Sell OKX live order book, 4 min ago3.54 bp41.4 bp −$41doesn't fitdoesn'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%4h0.01131+0.014%$10K$14K5xas long as short
Binance GPSUSDT+0.0100%4h0.01132+0.071%$9.0M$8.0M50xas long as short
Bybit GPSUSDT+0.0100%4h0.01130−0.035%$1.4M$1.2M50xas long as short
OKX GPS-USDT-SWAPshort+0.0100%4h0.01132+0.142%$935K$1.0M20x
Gate GPS_USDT+0.0100%8h0.01131+0.053%$589K$206K25xas long as short
MEXC GPS_USDT+0.0100%4h0.01132+0.071%$2.9M$361K100xas long as short
KuCoin GPSUSDTM+0.0100%4h0.01132+0.115%$549K$128K30xas long as short
Variational Omni GPS+0.0100%4h0.01130−0.075%$3K$201as long as short
HTX GPS-USDT+0.0100%4h0.01132+0.115%$9K$140K20xas long as short
Extended GPS-USD+0.0104%1h0.01131+0.040%5xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget GPSUSDT+0.0186%4h0.01133+0.212%$942K$522K50xas long as short
BingX GPS-USDTlong+0.0192%4h0.01131long leg$1.2M
Kraken Futures PF_GPSUSD+0.2688%1h0.01132+0.079%$17K$5K10xas long as short