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% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against HTX−0.186%7-day average −0.057% · you buy dearer than you sell
Net, funding: paid 7d − costs−$383as in the Funding arb table
Net, price: spread back to 7d avg − costs−$391as in the Price arb table
costs, in and out, $10k−$3783.781% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.051%−$5 on $10k
Price spread, last 4 days (all we have)+0.051%+$5 · spread now −0.186%, 7d avg −0.057%
Together, before fees0.000%$0 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: Bybit is 0.128% cheaper against HTX than usual: you would sell low and buy high, −$13 on $10k if it goes back to its 7-day average of −0.057%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX GPS-USDT0.011310.0100pay 0.0050% / 4h2h 22m$8K$141K20x
ShortBybit GPSUSDT0.011280.0100get 0.0050% / 4h2h 22m$1.5M$1.1M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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: −0.186% → −0.057%
−$12.85
Slippage, 4 orders
−$355.1
Fee HTX: 6 bp × 2 orders
−$12
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$390.95
Costs to cover
3.781%
Break-even
never at this rate
Slippage from HTX: live order book, 27 min ago; Bybit: live order book, 2 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, 27 min ago13.24 bp105.1 bp −$105doesn't fitdoesn't fitdoesn't fit
Sell Bybit live order book, 2 min ago3.10 bp93.5 bp −$94doesn't fitdoesn't fitdoesn't fit

GPS on 13 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_GPSUSD+0.0055%1h0.01130−0.050%$15K$7K10xas long as short
Aster GPSUSDT+0.0100%4h0.01130−0.021%$9K$16K5xas long as short
Binance GPSUSDT+0.0100%4h0.01130−0.071%$8.9M$8.0M50xas long as short
Bybit GPSUSDTshort+0.0100%4h0.01128−0.186%$1.5M$1.1M50x
OKX GPS-USDT-SWAP+0.0100%4h0.01132+0.088%$937K$1.1M20xas long as short
Gate GPS_USDT+0.0100%8h0.011310.000%$589K$183K25xas long as short
MEXC GPS_USDT+0.0100%4h0.01130−0.080%$2.9M$392K100xas long as short
KuCoin GPSUSDTM+0.0100%4h0.01132+0.124%$547K$131K30xas long as short
Bitget GPSUSDT+0.0100%4h0.01131+0.062%$943K$541K50xas long as short
BingX GPS-USDT+0.0100%4h0.01130−0.044%$1.3Mas long as short
Show all 13 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni GPS+0.0100%4h0.01131−0.007%$3K$1as long as short
HTX GPS-USDTlong+0.0100%4h0.01131long leg$8K$141K20x
Extended GPS-USD+0.0104%1h0.01129−0.124%5xas long as short