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: Bybit against OKX−0.134%7-day average −0.214% · you buy dearer than you sell
Net, funding: paid 7d − costs−$337as in the Funding arb table
Net, price: spread back to 7d avg − costs−$313as in the Price arb table
costs, in and out, $10k−$3213.211% of the position
Funding, last 7 days−0.161%−$16 on $10k
+Price spread, last 7 days−0.129%−$13 · spread now −0.134%, 7d avg −0.214%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.080% dearer against OKX than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of −0.214%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX GPS-USDT-SWAP | 0.01119 | 0.0100 | pay 0.0050% / 4h | 3h 18m | $928K | $1.5M | 20x |
| Short | Bybit GPSUSDT | 0.01117 | 0.0100 | get 0.0050% / 4h | 3h 18m | $1.4M | $1.3M | 50x |
OKX GPS-USDT-SWAP
Bybit GPSUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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: −0.134% → −0.214%
- $7.99
- Slippage, 4 orders
- −$300.15
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$313.16
- Costs to cover
- 3.211%
- Break-even
- never at this rate
Slippage from OKX: live order book, 3 min ago; Bybit: live order book, 2 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, 3 min ago | 2.68 bp | 54.4 bp −$54 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 2 min ago | 1.34 bp | 103.8 bp −$104 | 467.3 bp −$4,673 | 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 | −0.013% | $10K | $15K | 5x | as long as short |
| Binance GPSUSDT | +0.0100% | 4h | 0.01118 | −0.121% | $8.8M | $9.2M | 50x | as long as short |
| Bybit GPSUSDTshort | +0.0100% | 4h | 0.01117 | −0.134% | $1.4M | $1.3M | 50x | |
| OKX GPS-USDT-SWAPlong | +0.0100% | 4h | 0.01119 | long leg | $928K | $1.5M | 20x | |
| Gate GPS_USDT | +0.0100% | 8h | 0.01120 | +0.054% | $587K | $328K | 25x | as long as short |
| MEXC GPS_USDT | +0.0100% | 4h | 0.01117 | −0.125% | $2.7M | $548K | 100x | as long as short |
| KuCoin GPSUSDTM | +0.0100% | 4h | 0.01120 | +0.098% | $550K | $154K | 30x | as long as short |
| Bitget GPSUSDT | +0.0100% | 4h | 0.01119 | +0.018% | $926K | $707K | 50x | as long as short |
| BingX GPS-USDT | +0.0100% | 4h | 0.01119 | −0.009% | — | $1.2M | — | as long as short |
| Variational Omni GPS | +0.0100% | 4h | 0.01117 | −0.177% | $3K | $201 | — | as long as short |
Aster GPSUSDT
Binance 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 | 0.01120 | +0.071% | $9K | $142K | 20x | as long as short |
| Extended GPS-USD | +0.0104% | 1h | 0.01117 | −0.169% | — | — | 5x | as long as short |
| Kraken Futures PF_GPSUSD | +0.3382% | 1h | 0.01121 | +0.147% | $17K | $8K | 10x | as long as short |
HTX GPS-USDT
Extended GPS-USD
Kraken Futures PF_GPSUSD