Settings8H · net · $10k
Funding arb · Price arb /

GPRO

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.1028%/8h= −112.6% APRnext payment $10.28 per $10,000 · paid last 24h −0.120%
Price spread now: Gate against Aster−0.047%7-day average +0.223% · you buy dearer than you sell
Net, funding: paid 7d − costs−$249as in the Funding arb table
Net, price: spread back to 7d avg − costs−$244as in the Price arb table
costs, in and out, $10k−$2172.173% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.319%−$32 on $10k
Price spread, last 4 days (all we have)+0.041%+$4 · spread now −0.047%, 7d avg +0.223%
Together, before fees−0.279%+ Points / potential airdropAster: Stage 5 · farm board−$28 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$31 a day on $10k at the current rate, and Gate is 0.271% cheaper against Aster than usual: you would sell low and buy high (−$27 if the spread goes back to its 7-day average of +0.223%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.319% in total (about -16.7% a year). A funding rate is set anew for every payment; at this rate the next one is about $10.28 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster GPROUSD11.30120.1028pay 0.1028% / 8h1h 44m$7.7M$16.4M20x
ShortGate GPRO_USDT1.30060get 0.0000% / 8h1h 44m$54K$130K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against Aster. 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
−$215.86
Price spread: −0.047% → +0.223%
−$27.06
Slippage, 4 orders
−$194.27
Fee Aster: 4 bp × 2 orders
−$8
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$460.19
Costs to cover
2.173%
Break-even
never at this rate
Slippage from Aster: live order book, 4 min ago; Gate: live order book, 56 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 Aster live order book, 4 min ago11.52 bp27.3 bp −$27doesn't fitdoesn't fitdoesn't fit
Sell Gate live order book, 56 min ago41.06 bp86.4 bp −$86doesn't fitdoesn't fitdoesn't fit

GPRO on 12 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit GPROUSDT0.0000%8h1.3055+0.329%$361K$225K25xas long as short
QFEX GPRO-USD0.0000%1h1.3100+0.675%$1.2M$31K10xas long as short
Gate GPRO_USDTshort0.0000%8h1.3006−0.047%$54K$130K20x
Bitget GPROUSDT0.0000%8h1.3020+0.060%$463K$2.6M20xas long as short
SunX GPRO-USDT0.0000%8h1.3010−0.016%$1.8M10xas long as short
HTX GPRO-USDT0.0000%8h1.3010−0.016%$8K$209K20xas long as short
Entropy io:GPRO+0.0689%1h1.3008−0.032%$483K$30.6M5xas long as short
Binance GPROUSDT+0.0829%8h1.3010−0.016%$875K$1.7M20xas long as short
Variational Omni GPRO+0.0853%8h1.3013+0.004%$37K$33Kas long as short
KuCoin GPROUSDTM+0.0904%8h1.3020+0.060%$64K$1.2M20xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX GPRO-USDT-SWAP+0.0913%8h1.2950−0.478%$546K$695K10xas long as short
Aster GPROUSD1long+0.1028%8h1.3012long leg$7.7M$16.4M20x