Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.003%
Price spread now: Gate against Bybit−0.018%7-day average +0.112% · you buy dearer than you sell
Net, funding: paid 7d − costs−$907as in the Funding arb table
Net, price: spread back to 7d avg − costs−$925as in the Price arb table
costs, in and out, $10k−$9129.122% of the position
Funding, last 7 days+0.048%+$5 on $10k
+Price spread, last 4 days (all we have)−0.026%−$3 · spread now −0.018%, 7d avg +0.112%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.130% cheaper against Bybit than usual: you would sell low and buy high, −$13 on $10k if it goes back to its 7-day average of +0.112%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit GPSUSDT | 0.01119 | 0.0100 | pay 0.0050% / 4h | 11m 38s | $1.5M | $1.3M | 50x |
| Short | Gate GPS_USDT | 0.01119 | 0.0100 | get 0.0100% / 8h | 11m 38s | $586K | $333K | 25x |
Bybit GPSUSDT
Gate GPS_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Bybit. 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
- $0
- Price spread: −0.018% → +0.112%
- −$12.99
- Slippage, 4 orders
- −$886.19
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$925.18
- Costs to cover
- 9.122%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 4 min ago; Gate: live order book, 64 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 Bybit live order book, 4 min ago | 2.69 bp | 101.5 bp −$102 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 64 min ago | 5.86 bp | 461.2 bp −$461 | doesn't fit | doesn't fit | 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 | 0.01120 | +0.063% | $10K | $15K | 5x | as long as short |
| Binance GPSUSDT | +0.0100% | 4h | 0.01120 | +0.116% | $8.7M | $9.1M | 50x | as long as short |
| Bybit GPSUSDTlong | +0.0100% | 4h | 0.01119 | long leg | $1.5M | $1.3M | 50x | |
| OKX GPS-USDT-SWAP | +0.0100% | 4h | 0.01121 | +0.179% | $933K | $1.6M | 20x | as long as short |
| Gate GPS_USDTshort | +0.0100% | 8h | 0.01119 | −0.018% | $586K | $333K | 25x | |
| MEXC GPS_USDT | +0.0100% | 4h | 0.01120 | +0.107% | $2.7M | $542K | 100x | as long as short |
| KuCoin GPSUSDTM | +0.0100% | 4h | 0.01121 | +0.197% | $553K | $153K | 30x | as long as short |
| Bitget GPSUSDT | +0.0100% | 4h | 0.01120 | +0.107% | $927K | $706K | 50x | as long as short |
| BingX GPS-USDT | +0.0100% | 4h | 0.01120 | +0.063% | — | $1.3M | — | as long as short |
| Variational Omni GPS | +0.0100% | 4h | 0.01117 | −0.153% | $3K | $201 | — | as long as short |
Aster GPSUSDT
Binance GPSUSDT
OKX GPS-USDT-SWAP
MEXC GPS_USDT
KuCoin GPSUSDTM
Bitget GPSUSDT
BingX GPS-USDT
Variational Omni GPSShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX GPS-USDT | +0.0100% | 4h | 0.01120 | +0.080% | $9K | $143K | 20x | as long as short |
| Extended GPS-USD | +0.0104% | 1h | 0.01120 | +0.085% | — | — | 5x | as long as short |
| Kraken Futures PF_GPSUSD | +0.0619% | 1h | 0.01123 | +0.409% | $17K | $8K | 10x | as long as short |
HTX GPS-USDT
Extended GPS-USD
Kraken Futures PF_GPSUSD