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

GPS

all GPS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h
Price spread now: Bybit against Extended−0.166%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropExtended: Active · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.166% cheaper against Extended than usual: you would sell low and buy high, −$17 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended GPS-USD0.011170.0104pay 0.0013% / 1h44m 09s5x
ShortBybit GPSUSDT0.011150.0100get 0.0050% / 4h1h 44m$1.5M$1.4M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against Extended. 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
−$0.84
Price spread: −0.166% → 0.000%
−$16.65
Slippage, 4 orders
no order book: not counted
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$33.49
Costs to cover
0.160%
Break-even
never at this rate
Slippage unknown: Extended: no order-book sample; Bybit: live order book, 2 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Extended no order-book sample
Sell Bybit live order book, 2 min ago2.69 bp119.2 bp −$119doesn't fitdoesn't fitdoesn't fit
Extended: 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.

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+0.136%$10K$18K5xas long as short
Binance GPSUSDT+0.0100%4h0.01118+0.075%$8.9M$9.4M50xas long as short
Bybit GPSUSDTshort+0.0100%4h0.01115−0.166%$1.5M$1.4M50x
OKX GPS-USDT-SWAP+0.0100%4h0.01119+0.156%$928K$1.5M20xas long as short
Gate GPS_USDT+0.0100%8h0.01119+0.209%$585K$239K25xas long as short
MEXC GPS_USDT+0.0100%4h0.01117+0.030%$2.7M$545K100xas long as short
KuCoin GPSUSDTM+0.0100%4h0.01119+0.174%$545K$160K30xas long as short
Bitget GPSUSDT+0.0100%4h0.01118+0.120%$921K$715K50xas long as short
BingX GPS-USDT+0.0100%4h0.01117+0.013%$1.2Mas long as short
Variational Omni GPS+0.0100%4h0.01115−0.188%$3K$201as long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX GPS-USDT+0.0100%4h0.01118+0.048%$8K$143K20xas long as short
Extended GPS-USDlong+0.0104%1h0.01117long leg5x
Kraken Futures PF_GPSUSD+0.3260%1h0.01121+0.354%$17K$8K10xas long as short