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% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: KuCoin against HTX+0.098%7-day average +0.120% · you sell dearer than you buy

Net, funding: paid 7d − costs−$876as in the Funding arb table

Net, price: spread back to 7d avg − costs−$878as in the Price arb table

costs, in and out, $10k−$8768.761% of the position

Long on HTX Short on KuCoin

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)−0.295%−$29 · spread now +0.098%, 7d avg +0.120%

Together, before fees−0.295%−$29 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: KuCoin is 0.021% cheaper against HTX than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of +0.120%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX GPS-USDT	0.01119	0.0100	pay 0.0050% / 4h	1h 40m	$8K	$143K	20x
Short	KuCoin GPSUSDTM	0.01120	0.0100	get 0.0050% / 4h	1h 40m	$546K	$160K	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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

Position, each leg$Hold fordaysFee HTXbpFee KuCoinbpOrdersPrice spread, now +0.098%Rate

Funding earned: $0
Price spread: +0.098% → +0.120%: −$2.13
Slippage, 4 orders: −$852.09
Fee HTX: 6 bp × 2 orders: −$12
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$878.22
Costs to cover: 8.761%
Break-even: never at this rate

Slippage from HTX: live order book, 20 min ago; KuCoin: live order book, 57 min ago.

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 HTX live order book, 20 min ago	36.49 bp	329.9 bp −$330	doesn't fit	doesn't fit	doesn't fit
Sell KuCoin live order book, 57 min ago	8.92 bp	216.0 bp −$216	doesn't fit	doesn't fit	doesn't fit

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	0.01120	+0.102%	$10K	$18K	5x	as long as short
Binance GPSUSDT	+0.0100%	4h	0.01119	0.000%	$8.9M	$9.4M	50x	as long as short
Bybit GPSUSDT	+0.0100%	4h	0.01117	−0.134%	$1.5M	$1.4M	50x	as long as short
OKX GPS-USDT-SWAP	+0.0100%	4h	0.01118	−0.045%	$928K	$1.4M	20x	as long as short
Gate GPS_USDT	+0.0100%	8h	0.01120	+0.116%	$585K	$239K	25x	as long as short
MEXC GPS_USDT	+0.0100%	4h	0.01119	−0.018%	$2.8M	$545K	100x	as long as short
KuCoin GPSUSDTMshort	+0.0100%	4h	0.01120	+0.098%	$546K	$160K	30x
Bitget GPSUSDT	+0.0100%	4h	0.01120	+0.089%	$922K	$715K	50x	as long as short
BingX GPS-USDT	+0.0100%	4h	0.01119	0.000%	—	$1.2M	—	as long as short
Variational Omni GPS	+0.0100%	4h	0.01116	−0.221%	$3K	$201	—	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX GPS-USDTlong	+0.0100%	4h	0.01119	long leg	$8K	$143K	20x
Extended GPS-USD	+0.0104%	1h	0.01119	−0.025%	—	—	5x	as long as short
Kraken Futures PF_GPSUSD	+0.3260%	1h	0.01121	+0.179%	$17K	$8K	10x	as long as short