Funding you earn now, next payment 08:00 UTC+0.0092%/8h= +10.1% APRnext payment +$0.46 per $10,000 · paid last 24h 0.000%
Price spread now: BingX against OKX−0.141%7-day average −0.124% · you buy dearer than you sell
Net, funding: paid 7d − costs−$130as in the Funding arb table
Net, price: spread back to 7d avg − costs−$131as in the Price arb table
costs, in and out, $10k−$1291.294% of the position
Funding, last 7 days−0.008%−$1 on $10k
+Price spread, last 7 days−0.011%−$1 · spread now −0.141%, 7d avg −0.124%
=The price spread sits at its 7-day average of −0.124%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX GPS-USDT-SWAP | 0.01132 | 0.0100 | pay 0.0050% / 4h | 1h 42m | $935K | $1.0M | 20x |
| Short | BingX GPS-USDT | 0.01131 | 0.0192 | get 0.0096% / 4h | 1h 42m | — | $1.2M | — |
OKX GPS-USDT-SWAP
BingX GPS-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX 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
- $19.32
- Price spread: −0.141% → −0.124%
- −$1.74
- Slippage, 4 orders
- −$109.39
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$111.81
- Costs to cover
- 1.294%
- Break-even
- 47.5 days
Slippage from OKX: live order book, 4 min ago; BingX: live order book, 3 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 | 3.54 bp | 38.2 bp −$38 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 3 min ago | 3.54 bp | 27.2 bp −$27 | 106.1 bp −$1,061 | 617.2 bp −$61.7K | 1033.9 bp −$516.9K |
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 | 0.01131 | −0.128% | $10K | $14K | 5x | as long as short |
| Binance GPSUSDT | +0.0100% | 4h | 0.01132 | −0.062% | $9.0M | $8.0M | 50x | as long as short |
| Bybit GPSUSDT | +0.0100% | 4h | 0.01130 | −0.177% | $1.4M | $1.2M | 50x | as long as short |
| OKX GPS-USDT-SWAPlong | +0.0100% | 4h | 0.01132 | long leg | $935K | $1.0M | 20x | |
| Gate GPS_USDT | +0.0100% | 8h | 0.01131 | −0.088% | $589K | $206K | 25x | as long as short |
| MEXC GPS_USDT | +0.0100% | 4h | 0.01132 | −0.071% | $2.9M | $361K | 100x | as long as short |
| KuCoin GPSUSDTM | +0.0100% | 4h | 0.01132 | −0.026% | $549K | $128K | 30x | as long as short |
| Variational Omni GPS | +0.0100% | 4h | 0.01130 | −0.216% | $3K | $201 | — | as long as short |
| HTX GPS-USDT | +0.0100% | 4h | 0.01132 | −0.026% | $9K | $140K | 20x | as long as short |
| Extended GPS-USD | +0.0104% | 1h | 0.01132 | −0.045% | — | — | 5x | as long as short |
Aster GPSUSDT
Binance GPSUSDT
Bybit GPSUSDT
Gate GPS_USDT
MEXC GPS_USDT
KuCoin GPSUSDTM
Variational Omni GPS
HTX GPS-USDT
Extended GPS-USDShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget GPSUSDT | +0.0190% | 4h | 0.01133 | +0.071% | $942K | $522K | 50x | as long as short |
| BingX GPS-USDTshort | +0.0192% | 4h | 0.01131 | −0.141% | — | $1.2M | — | |
| Kraken Futures PF_GPSUSD | +0.2688% | 1h | 0.01132 | −0.062% | $17K | $5K | 10x | as long as short |
Bitget GPSUSDT
Kraken Futures PF_GPSUSD