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: HTX against KuCoin−0.035%7-day average −0.126% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,467as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,458as in the Price arb table
costs, in and out, $10k−$1,46714.674% of the position
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)+0.058%+$6 · spread now −0.035%, 7d avg −0.126%
Together, before fees+0.058%+$6 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: HTX is 0.090% dearer against KuCoin than usual: you sell high and buy low, +$9 on $10k if it goes back to its 7-day average of −0.126%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin GPSUSDTM0.011300.0100pay 0.0050% / 4h2h 18m$546K$129K30x
ShortHTX GPS-USDT0.011300.0100get 0.0050% / 4h2h 18m$8K$141K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX against KuCoin. 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: −0.035% → −0.126%
$9.02
Slippage, 4 orders
−$1,443.44
Fee KuCoin: 6 bp × 2 orders
−$12
Fee HTX: 6 bp × 2 orders
−$12
Net
−$1,458.42
Costs to cover
14.674%
Break-even
never at this rate
Slippage from KuCoin: live order book, 27 min ago; HTX: live order book, 31 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 KuCoin live order book, 27 min ago8.77 bp784.4 bp −$784doesn't fitdoesn't fitdoesn't fit
Sell HTX live order book, 31 min ago13.24 bp89.8 bp −$90doesn'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%1h0.01131+0.045%$15K$7K10xas long as short
Aster GPSUSDT+0.0100%4h0.01129−0.080%$9K$16K5xas long as short
Binance GPSUSDT+0.0100%4h0.01129−0.044%$8.9M$7.8M50xas long as short
Bybit GPSUSDT+0.0100%4h0.01128−0.212%$1.5M$1.1M50xas long as short
OKX GPS-USDT-SWAP+0.0100%4h0.01130+0.027%$938K$1.1M20xas long as short
Gate GPS_USDT+0.0100%8h0.01129−0.088%$588K$184K25xas long as short
MEXC GPS_USDT+0.0100%4h0.01129−0.062%$2.9M$395K100xas long as short
KuCoin GPSUSDTMlong+0.0100%4h0.01130long leg$546K$129K30x
Bitget GPSUSDT+0.0100%4h0.01129−0.088%$941K$538K50xas long as short
BingX GPS-USDT+0.0100%4h0.01128−0.133%$1.3Mas long as short
Show all 13 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni GPS+0.0100%4h0.01128−0.193%$3K$1as long as short
HTX GPS-USDTshort+0.0100%4h0.01130−0.035%$8K$141K20x
Extended GPS-USD+0.0104%1h0.01129−0.086%5xas long as short