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

GPS

all GPS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC−0.2588%/8h= −283.4% APRpaid last 24h −0.238%
Price spread now: Aster against Kraken Futures−0.066%7-day average · you buy dearer than you sell
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 fees+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories
Both sides work against this trade now: funding costs −$78 a day on $10k at the current rate, and Aster is 0.066% cheaper against Kraken Futures than usual: you would sell low and buy high (−$7 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_GPSUSD0.011320.2688pay 0.0336% / 1h42m 35s$17K$5K10x
ShortAster GPSUSDT0.011310.0100get 0.0050% / 4h1h 42m$10K$14K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Kraken Futures. 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
−$543.48
Price spread: −0.066% → 0.000%
−$6.57
Slippage, 4 orders
no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee Aster: 4 bp × 2 orders
−$8
Net
−$568.05
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: Kraken Futures: no order-book sample; Aster: 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 Kraken Futures no order-book sample
Sell Aster no order-book sample
Kraken Futures and Aster: 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 GPSUSDTshort+0.0100%4h0.01131−0.066%$10K$14K5x
Binance GPSUSDT+0.0100%4h0.01132−0.009%$9.0M$8.0M50xas long as short
Bybit GPSUSDT+0.0100%4h0.01130−0.115%$1.4M$1.2M50xas long as short
OKX GPS-USDT-SWAP+0.0100%4h0.01132+0.062%$935K$1.0M20xas long as short
Gate GPS_USDT+0.0100%8h0.01131−0.026%$589K$206K25xas long as short
MEXC GPS_USDT+0.0100%4h0.01132−0.009%$2.9M$361K100xas long as short
KuCoin GPSUSDTM+0.0100%4h0.01132+0.035%$549K$128K30xas long as short
Variational Omni GPS+0.0100%4h0.01130−0.154%$3K$201as long as short
HTX GPS-USDT+0.0100%4h0.01132+0.035%$9K$140K20xas long as short
Extended GPS-USD+0.0104%1h0.01131−0.040%5xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget GPSUSDT+0.0186%4h0.01133+0.133%$942K$522K50xas long as short
BingX GPS-USDT+0.0192%4h0.01131−0.079%$1.2Mas long as short
Kraken Futures PF_GPSUSDlong+0.2688%1h0.01132long leg$17K$5K10x