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

GPS

all GPS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.1260%/8h= +138.0% APRpaid last 24h +0.234%
Price spread now: Kraken Futures against HTX+0.184%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$38 a day on $10k at the current rate, and Kraken Futures is 0.184% dearer against HTX than usual: you sell high and buy low: +$18 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX GPS-USDT0.011250.0100pay 0.0050% / 4h2h 22m$9K$140K20x
ShortKraken Futures PF_GPSUSD0.011270.1360get 0.0170% / 1h22m 24s$17K$7K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures 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
$264.61
Price spread: +0.184% → 0.000%
$18.42
Slippage, 4 orders
no order book: not counted
Fee HTX: 6 bp × 2 orders
−$12
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
$261.03
Costs to cover
0.220%
Break-even
0.1 days
Slippage unknown: HTX: live order book, 24 min ago; Kraken Futures: 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
LegHalf-spread$10k$100k$1M$5M
Buy HTX live order book, 24 min ago28.38 bp679.7 bp −$680doesn't fitdoesn't fitdoesn't fit
Sell Kraken Futures no order-book sample
Kraken Futures: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster GPSUSDT+0.0100%4h0.01125−0.030%$10K$15K5xas long as short
Binance GPSUSDT+0.0100%4h0.01126+0.033%$9.0M$8.2M50xas long as short
Bybit GPSUSDT+0.0100%4h0.01124−0.116%$1.5M$1.2M50xas long as short
OKX GPS-USDT-SWAP+0.0100%4h0.01127+0.142%$933K$1.0M20xas long as short
Gate GPS_USDT+0.0100%8h0.01125−0.036%$584K$203K25xas long as short
MEXC GPS_USDT+0.0100%4h0.01126+0.027%$2.8M$405K100xas long as short
KuCoin GPSUSDTM+0.0100%4h0.01126+0.062%$546K$130K30xas long as short
Bitget GPSUSDT+0.0100%4h0.01124−0.107%$934K$544K50xas long as short
BingX GPS-USDT+0.0100%4h0.01125−0.044%$1.2Mas long as short
Variational Omni GPS+0.0100%4h0.01119−0.519%$3K$201as long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX GPS-USDTlong+0.0100%4h0.01125long leg$9K$140K20x
Extended GPS-USD+0.0104%1h0.01125−0.008%5xas long as short
Kraken Futures PF_GPSUSDshort+0.1360%1h0.01127+0.184%$17K$7K10x