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% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against HTX+0.063%46s7-day average +0.101% · you sell dearer than you buy
Net, funding: paid 7d − costs−$458as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$4584.584% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 4 days (all we have)−0.349%−$35 · spread now +0.063%, 7d avg +0.101%
Together, before fees−0.349%−$35 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: Bitget is 0.038% cheaper against HTX than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.101%. The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX GPS-USDT0.011160.0100pay 0.0050% / 4h1h 22m$9K$143K20x
ShortBitget GPSUSDT0.011170.0100get 0.0050% / 4h1h 22m$919K$689K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against HTX. 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: +0.063% → +0.101%
−$3.8
Slippage, 4 orders
−$434.38
Fee HTX: 6 bp × 2 orders
−$12
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$462.18
Costs to cover
4.584%
Break-even
never at this rate
Slippage from HTX: live order book, 39 min ago; Bitget: live order book, 38 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 HTX live order book, 39 min ago36.49 bp329.9 bp −$330doesn't fitdoesn't fitdoesn't fit
Sell Bitget live order book, 38 min ago5.77 bp28.0 bp −$28181.4 bp −$1,814doesn'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%4h0.01117+0.065%$10K$18K5xas long as short
Binance GPSUSDT+0.0100%4h0.01117+0.063%$8.9M$9.1M50xas long as short
Bybit GPSUSDT+0.0100%4h0.01116−0.072%$1.5M$1.4M50xas long as short
OKX GPS-USDT-SWAP+0.0100%4h0.01118+0.125%$928K$1.4M20xas long as short
Gate GPS_USDT+0.0100%8h0.01117+0.036%$582K$242K25xas long as short
MEXC GPS_USDT+0.0100%4h0.01117+0.036%$2.8M$554K100xas long as short
KuCoin GPSUSDTM+0.0100%4h0.01118+0.134%$549K$155K30xas long as short
Bitget GPSUSDTshort+0.0100%4h0.01117+0.063%$919K$689K50x
BingX GPS-USDT+0.0100%4h0.01117+0.018%$1.2Mas long as short
Variational Omni GPS+0.0100%4h0.01116−0.088%$3K$201as long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX GPS-USDTlong+0.0100%4h0.01116long leg$9K$143K20x
Extended GPS-USD+0.0104%1h0.01117+0.036%5xas long as short
Kraken Futures PF_GPSUSD+0.3260%1h0.01121+0.393%$17K$8K10xas long as short