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

GPS

all GPS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: KuCoin against Gate+0.045%7-day average +0.048% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,506as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,506as in the Price arb table
costs, in and out, $10k−$1,50615.061% 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)+0.072%+$7 · spread now +0.045%, 7d avg +0.048%
Together, before fees+0.076%+$8 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate GPS_USDT0.011210.0100pay 0.0100% / 8h6h 28m$587K$326K25x
ShortKuCoin GPSUSDTM0.011220.0100get 0.0050% / 4h2h 28m$549K$159K30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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: +0.045% → +0.048%
−$0.33
Slippage, 4 orders
−$1,479.09
Fee Gate: 7.5 bp × 2 orders
−$15
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$1,506.42
Costs to cover
15.061%
Break-even
never at this rate
Slippage from Gate: live order book, 38 min ago; KuCoin: 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, 38 min ago8.48 bp485.4 bp −$4857427.8 bp −$74.3Kdoesn't fitdoesn't fit
Sell KuCoin live order book, 9 min ago8.92 bp216.0 bp −$216doesn't fitdoesn'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%4h0.01121−0.067%$10K$18K5xas long as short
Binance GPSUSDT+0.0100%4h0.01122+0.018%$8.8M$9.3M50xas long as short
Bybit GPSUSDT+0.0100%4h0.01120−0.125%$1.5M$1.3M50xas long as short
OKX GPS-USDT-SWAP+0.0100%4h0.01123+0.098%$931K$1.5M20xas long as short
Gate GPS_USDTlong+0.0100%8h0.01121long leg$587K$326K25x
MEXC GPS_USDT+0.0100%4h0.01121−0.018%$2.8M$546K100xas long as short
KuCoin GPSUSDTMshort+0.0100%4h0.01122+0.045%$549K$159K30x
Bitget GPSUSDT+0.0100%4h0.01123+0.089%$928K$710K50xas long as short
BingX GPS-USDT+0.0100%4h0.01121−0.053%$1.3Mas long as short
Variational Omni GPS+0.0100%4h0.01117−0.385%$3K$201as long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX GPS-USDT+0.0100%4h0.01121−0.018%$9K$144K20xas long as short
Extended GPS-USD+0.0104%1h0.01121−0.031%5xas long as short
Kraken Futures PF_GPSUSD+0.3212%1h0.01122+0.063%$17K$8K10xas long as short