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

GPS

all GPS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Binance against Gate−0.021%7-day average −0.056% · you buy dearer than you sell
Net, funding: paid 7d − costs−$703as in the Funding arb table
Net, price: spread back to 7d avg − costs−$700as in the Price arb table
costs, in and out, $10k−$7037.030% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.004%$0 on $10k
Price spread, last 4 days (all we have)+0.312%+$31 · spread now −0.021%, 7d avg −0.056%
Together, before fees+0.316%+$32 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.035% dearer against Gate than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.056%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate GPS_USDT0.011280.0100pay 0.0100% / 8h7h 40m$587K$198K25x
ShortBinance GPSUSDT0.011280.0100get 0.0050% / 4h3h 40m$9.0M$8.1M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Gate. 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
Price spread: −0.021% → −0.056%
$3.46
Slippage, 4 orders
−$678.01
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Binance: 5 bp × 2 orders
−$10
Net
−$699.55
Costs to cover
7.030%
Break-even
never at this rate
Slippage from Gate: live order book, 56 min ago; Binance: live order book, 14 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 Gate live order book, 56 min ago8.32 bp330.2 bp −$3306854.2 bp −$68.5Kdoesn't fitdoesn't fit
Sell Binance live order book, 14 min ago0.88 bp29.5 bp −$30125.6 bp −$1,256doesn'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%4h0.01128−0.008%$10K$15K5xas long as short
Binance GPSUSDTshort+0.0100%4h0.01128−0.021%$9.0M$8.1M50x
Bybit GPSUSDT+0.0100%4h0.01127−0.133%$1.5M$1.2M50xas long as short
OKX GPS-USDT-SWAP+0.0100%4h0.01129+0.071%$935K$1.1M20xas long as short
Gate GPS_USDTlong+0.0100%8h0.01128long leg$587K$198K25x
MEXC GPS_USDT+0.0100%4h0.01128−0.009%$2.9M$383K100xas long as short
KuCoin GPSUSDTM+0.0100%4h0.01130+0.177%$544K$137K30xas long as short
Bitget GPSUSDT+0.0100%4h0.01129+0.115%$946K$564K50xas long as short
BingX GPS-USDT+0.0100%4h0.01128−0.035%$1.3Mas long as short
Variational Omni GPS+0.0100%4h0.01126−0.167%$3K$101as long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX GPS-USDT+0.0100%4h0.01128−0.035%$8K$141K20xas long as short
Extended GPS-USD+0.0104%1h0.01128−0.035%5xas long as short
Kraken Futures PF_GPSUSD+0.2944%1h0.01128−0.016%$15K$7K10xas long as short