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

GPS

all GPS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: BingX against Gate−0.117%7-day average −0.043% · you buy dearer than you sell
Net, funding: paid 7d − costs−$758as in the Funding arb table
Net, price: spread back to 7d avg − costs−$775as in the Price arb table
costs, in and out, $10k−$7687.681% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.102%+$10 on $10k
Price spread, last 4 days (all we have)+0.134%+$13 · spread now −0.117%, 7d avg −0.043%
Together, before fees+0.236%+$24 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: BingX is 0.073% cheaper against Gate than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of −0.043%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate GPS_USDT0.011140.0100pay 0.0100% / 8h1h 01m$584K$334K25x
ShortBingX GPS-USDT0.011130.0100get 0.0050% / 4h1h 01m$1.3M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX 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: −0.117% → −0.043%
−$7.34
Slippage, 4 orders
−$743.08
Fee Gate: 7.5 bp × 2 orders
−$15
Fee BingX: 5 bp × 2 orders
−$10
Net
−$775.42
Costs to cover
7.681%
Break-even
never at this rate
Slippage from Gate: live order book, 15 min ago; BingX: live order book, 9 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, 15 min ago5.86 bp257.5 bp −$2587461.0 bp −$74.6Kdoesn't fitdoesn't fit
Sell BingX live order book, 9 min ago4.05 bp25.3 bp −$25114.5 bp −$1,145559.6 bp −$56.0K930.1 bp −$465.1K

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%4h0.01113−0.130%$10K$15K5xas long as short
Binance GPSUSDT+0.0100%4h0.01114−0.013%$8.7M$9.1M50xas long as short
Bybit GPSUSDT+0.0100%4h0.01112−0.188%$1.4M$1.3M50xas long as short
OKX GPS-USDT-SWAP+0.0100%4h0.01116+0.135%$936K$1.5M20xas long as short
Gate GPS_USDTlong+0.0100%8h0.01114long leg$584K$334K25x
MEXC GPS_USDT+0.0100%4h0.01114−0.018%$2.7M$540K100xas long as short
KuCoin GPSUSDTM+0.0100%4h0.01115+0.063%$551K$156K30xas long as short
Bitget GPSUSDT+0.0100%4h0.011140.000%$921K$723K50xas long as short
BingX GPS-USDTshort+0.0100%4h0.01113−0.117%$1.3M
Variational Omni GPS+0.0100%4h0.01110−0.368%$3K$201as long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX GPS-USDT+0.0100%4h0.01115+0.018%$9K$143K20xas long as short
Extended GPS-USD+0.0104%1h0.01114−0.033%5xas long as short
Kraken Futures PF_GPSUSD+0.1349%1h0.01116+0.196%$17K$8K10xas long as short