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

GPS

all GPS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.2416%/8h= +264.5% APRnext payment +$3.02 per $10,000 · paid last 24h
Price spread now: Kraken Futures against Extended+0.142%7-day average · you sell dearer than you buy
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 4 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
Both sides work for this trade now. Funding pays +$72 a day on $10k at the current rate, and Kraken Futures is 0.142% dearer against Extended than usual: you sell high and buy low: +$14 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended GPS-USD0.011200.0104pay 0.0013% / 1h9m 32s5x
ShortKraken Futures PF_GPSUSD0.011220.2520get 0.0315% / 1h9m 32s$17K$7K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures 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
$507.28
Price spread: +0.142% → 0.000%
$14.24
Slippage, 4 orders
no order book: not counted
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
$506.52
Costs to cover
0.150%
Break-even
0.0 days
Slippage unknown: Extended: no order-book sample; Kraken Futures: no order-book sample. 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 Kraken Futures no order-book sample
Extended and Kraken Futures: 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%4h0.01120−0.048%$10K$18K5xas long as short
Binance GPSUSDT+0.0100%4h0.01120−0.018%$8.9M$8.2M50xas long as short
Bybit GPSUSDT+0.0100%4h0.01119−0.178%$1.5M$1.2M50xas long as short
OKX GPS-USDT-SWAP+0.0100%4h0.01121+0.071%$929K$1.0M20xas long as short
Gate GPS_USDT+0.0100%8h0.01121+0.062%$584K$208K25xas long as short
MEXC GPS_USDT+0.0100%4h0.01121+0.009%$2.8M$405K100xas long as short
KuCoin GPSUSDTM+0.0100%4h0.01122+0.134%$546K$127K30xas long as short
Bitget GPSUSDT+0.0100%4h0.01122+0.170%$934K$552K50xas long as short
BingX GPS-USDT+0.0100%4h0.01121+0.027%$1.2Mas long as short
Variational Omni GPS+0.0100%4h0.01119−0.175%$3K$201as long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX GPS-USDT+0.0100%4h0.01120−0.027%$8K$140K20xas long as short
Extended GPS-USDlong+0.0104%1h0.01120long leg5x
Kraken Futures PF_GPSUSDshort+0.2520%1h0.01122+0.142%$17K$7K10x