Funding arb · Price arb /

GPS

all GPS markets

Swap Backtest

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: Variational Omni against Gate−0.430%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Gate Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropVariational Omni: 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: Variational Omni is 0.430% cheaper against Gate than usual: you would sell low and buy high, −$43 on $10k if it goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate GPS_USDT	0.01128	0.0100	pay 0.0100% / 8h	4h 31m	$587K	$212K	25x
Short	Variational Omni GPS	0.01123	0.0100	get 0.0050% / 4h	31m 59s	$3K	$201	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni 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

Position, each leg$Hold fordaysFee GatebpFee Variational OmnibpOrdersPrice spread, now −0.430%Rate

Funding earned: $0
Price spread: −0.430% → 0.000%: −$42.97
Slippage, 4 orders: no order book: not counted
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$57.97
Costs to cover: 0.150%
Break-even: never at this rate

Slippage unknown: Gate: live order book, 24 min ago; Variational Omni: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Gate live order book, 24 min ago	7.56 bp	470.5 bp −$471	7416.0 bp −$74.2K	doesn't fit	doesn't fit
Sell Variational Omni no order-book sample	—	—	—	—	—

Variational Omni: 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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster GPSUSDT	+0.0100%	4h	0.01128	+0.031%	$10K	$18K	5x	as long as short
Binance GPSUSDT	+0.0100%	4h	0.01130	+0.222%	$9.0M	$8.6M	50x	as long as short
Bybit GPSUSDT	+0.0100%	4h	0.01128	+0.027%	$1.5M	$1.3M	50x	as long as short
OKX GPS-USDT-SWAP	+0.0100%	4h	0.01130	+0.186%	$935K	$1.1M	20x	as long as short
Gate GPS_USDTlong	+0.0100%	8h	0.01128	long leg	$587K	$212K	25x
MEXC GPS_USDT	+0.0100%	4h	0.01130	+0.168%	$2.8M	$418K	100x	as long as short
KuCoin GPSUSDTM	+0.0100%	4h	0.01127	−0.080%	$552K	$138K	30x	as long as short
Bitget GPSUSDT	+0.0100%	4h	0.01129	+0.071%	$926K	$591K	50x	as long as short
BingX GPS-USDT	+0.0100%	4h	0.01128	+0.009%	—	$1.2M	—	as long as short
Variational Omni GPSshort	+0.0100%	4h	0.01123	−0.430%	$3K	$201	—

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX GPS-USDT	+0.0100%	4h	0.01128	+0.027%	$9K	$139K	20x	as long as short
Extended GPS-USD	+0.0104%	1h	0.01130	+0.186%	—	—	5x	as long as short
Kraken Futures PF_GPSUSD	+0.2668%	1h	0.01131	+0.247%	$17K	$7K	10x	as long as short