Funding you earn now, next payment 06:00 UTC−0.1251%/8h= −137.0% APRnext payment −$1.56 per $10,000 · paid last 24h —
Price spread now: Extended against Kraken Futures−0.165%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$38 a day on $10k at the current rate, and Extended is 0.165% cheaper against Kraken Futures than usual: you would sell low and buy high (−$16 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_GPSUSD | 0.01131 | 0.1355 | pay 0.0169% / 1h | 19m 05s | $17K | $5K | 10x |
| Short | Extended GPS-USD | 0.01129 | 0.0104 | get 0.0013% / 1h | 19m 05s | — | — | 5x |
Kraken Futures PF_GPSUSD
Extended GPS-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$262.81
- Price spread: −0.165% → 0.000%
- −$16.46
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$294.27
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: no order-book sample; Extended: 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Kraken Futures no order-book sample | — | — | — | — | — |
| Sell Extended no order-book sample | — | — | — | — | — |
Kraken Futures and Extended: 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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster GPSUSDT | +0.0100% | 4h | 0.01129 | −0.198% | $10K | $15K | 5x | as long as short |
| Binance GPSUSDT | +0.0100% | 4h | 0.01129 | −0.173% | $9.0M | $8.1M | 50x | as long as short |
| Bybit GPSUSDT | +0.0100% | 4h | 0.01128 | −0.253% | $1.4M | $1.2M | 50x | as long as short |
| OKX GPS-USDT-SWAP | +0.0100% | 4h | 0.01130 | −0.085% | $936K | $1.0M | 20x | as long as short |
| Gate GPS_USDT | +0.0100% | 8h | 0.01129 | −0.156% | $586K | $204K | 25x | as long as short |
| MEXC GPS_USDT | +0.0100% | 4h | 0.01129 | −0.156% | $2.8M | $405K | 100x | as long as short |
| KuCoin GPSUSDTM | +0.0100% | 4h | 0.01131 | −0.014% | $549K | $127K | 30x | as long as short |
| BingX GPS-USDT | +0.0100% | 4h | 0.01129 | −0.173% | — | $1.2M | — | as long as short |
| Variational Omni GPS | +0.0100% | 4h | 0.01126 | −0.469% | $3K | $201 | — | as long as short |
| HTX GPS-USDT | +0.0100% | 4h | 0.01131 | −0.058% | $8K | $140K | 20x | as long as short |
Aster GPSUSDT
Binance GPSUSDT
Bybit GPSUSDT
OKX GPS-USDT-SWAP
Gate GPS_USDT
MEXC GPS_USDT
KuCoin GPSUSDTM
BingX GPS-USDT
Variational Omni GPS
HTX GPS-USDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget GPSUSDT | +0.0102% | 4h | 0.01131 | +0.012% | $940K | $535K | 50x | as long as short |
| Extended GPS-USDshort | +0.0104% | 1h | 0.01129 | −0.165% | — | — | 5x | |
| Kraken Futures PF_GPSUSDlong | +0.1355% | 1h | 0.01131 | long leg | $17K | $5K | 10x |
Bitget GPSUSDT