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: Binance against OKX−0.058%7-day average −0.171% · you buy dearer than you sell
Net, funding: paid 7d − costs−$188as in the Funding arb table
Net, price: spread back to 7d avg − costs−$166as in the Price arb table
costs, in and out, $10k−$1771.770% of the position
Funding, last 7 days−0.109%−$11 on $10k
+Price spread, last 7 days−0.199%−$20 · spread now −0.058%, 7d avg −0.171%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.113% dearer against OKX than usual: you sell high and buy low, +$11 on $10k if it goes back to its 7-day average of −0.171%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX GPS-USDT-SWAP | 0.01120 | 0.0100 | pay 0.0050% / 4h | 3h 17m | $929K | $1.5M | 20x |
| Short | Binance GPSUSDT | 0.01120 | 0.0100 | get 0.0050% / 4h | 3h 17m | $8.8M | $9.2M | 50x |
OKX GPS-USDT-SWAP
Binance GPSUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against OKX. 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
- $0
- Price spread: −0.058% → −0.171%
- $11.29
- Slippage, 4 orders
- −$156.97
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$165.68
- Costs to cover
- 1.770%
- Break-even
- never at this rate
Slippage from OKX: live order book, 4 min ago; Binance: live order book, 7 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 OKX live order book, 4 min ago | 2.68 bp | 54.4 bp −$54 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 7 min ago | 0.45 bp | 25.8 bp −$26 | 122.6 bp −$1,226 | 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 | 0.01119 | −0.148% | $10K | $15K | 5x | as long as short |
| Binance GPSUSDTshort | +0.0100% | 4h | 0.01120 | −0.058% | $8.8M | $9.2M | 50x | |
| Bybit GPSUSDT | +0.0100% | 4h | 0.01119 | −0.170% | $1.4M | $1.3M | 50x | as long as short |
| OKX GPS-USDT-SWAPlong | +0.0100% | 4h | 0.01120 | long leg | $929K | $1.5M | 20x | |
| Gate GPS_USDT | +0.0100% | 8h | 0.01119 | −0.098% | $586K | $328K | 25x | as long as short |
| MEXC GPS_USDT | +0.0100% | 4h | 0.01119 | −0.116% | $2.7M | $548K | 100x | as long as short |
| KuCoin GPSUSDTM | +0.0100% | 4h | 0.01120 | −0.045% | $550K | $154K | 30x | as long as short |
| Bitget GPSUSDT | +0.0100% | 4h | 0.01120 | −0.009% | $927K | $707K | 50x | as long as short |
| BingX GPS-USDT | +0.0100% | 4h | 0.01119 | −0.107% | — | $1.2M | — | as long as short |
| Variational Omni GPS | +0.0100% | 4h | 0.01117 | −0.320% | $3K | $201 | — | as long as short |
Aster GPSUSDT
Bybit GPSUSDT
Gate GPS_USDT
MEXC GPS_USDT
KuCoin GPSUSDTM
Bitget GPSUSDT
BingX GPS-USDT
Variational Omni GPSShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX GPS-USDT | +0.0100% | 4h | 0.01118 | −0.223% | $9K | $142K | 20x | as long as short |
| Extended GPS-USD | +0.0104% | 1h | 0.01119 | −0.091% | — | — | 5x | as long as short |
| Kraken Futures PF_GPSUSD | +0.3378% | 1h | 0.01122 | +0.126% | $17K | $8K | 10x | as long as short |
HTX GPS-USDT
Extended GPS-USD
Kraken Futures PF_GPSUSD