GPRO

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0840%/8h= −92.0% APRnext payment −$8.40 per $10,000 · paid last 24h −0.057%

Price spread now: Bitget against Binance+0.055%7-day average +0.077% · you sell dearer than you buy

Net, funding: paid 7d − costs−$47as in the Funding arb table

Net, price: spread back to 7d avg − costs−$81as in the Price arb table

costs, in and out, $10k−$780.783% of the position

Long on Binance Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days+0.314%+$31 on $10k

Price spread, last 2 days (all we have)−0.001%$0 · spread now +0.055%, 7d avg +0.077%

Together, before fees+0.313%+$31 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$25 a day on $10k at the current rate, and Bitget is 0.022% cheaper against Binance than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of +0.077%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.314%, so the current rate has only just turned against you.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.314% in total (about 16.4% a year). A funding rate is set anew for every payment; at this rate the next one is about −$8.40 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance GPROUSDT	1.3035	0.1108	pay 0.1108% / 8h	6h 27m	$896K	$1.9M	20x
Short	Bitget GPROUSDT	1.3042	0.0268	get 0.0268% / 8h	6h 27m	$411K	$2.7M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against Binance. 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

Position, each leg$Hold fordaysFee BinancebpFee BitgetbpOrdersPrice spread, now +0.055%Rate

Funding earned: −$176.35
Price spread: +0.055% → +0.077%: −$2.22
Slippage, 4 orders: −$56.28
Fee Binance: 5 bp × 2 orders: −$10
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$256.86
Costs to cover: 0.783%
Break-even: never at this rate

Slippage from Binance: live order book, 6 min ago; Bitget: live order book, 5 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 Binance live order book, 6 min ago	3.84 bp	29.7 bp −$30	168.9 bp −$1,689	doesn't fit	doesn't fit
Sell Bitget live order book, 5 min ago	3.45 bp	13.3 bp −$13	22.5 bp −$225	128.3 bp −$12.8K	doesn't fit

GPRO on 12 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
QFEX GPRO-USD	0.0000%	1h	1.2900	−1.035%	$1.2M	$33K	10x	as long as short
Gate GPRO_USDT	0.0000%	8h	1.2997	−0.290%	$57K	$132K	20x	as long as short
SunX GPRO-USDT	0.0000%	8h	1.3030	−0.037%	—	$2.0M	10x	as long as short
HTX GPRO-USDT	0.0000%	8h	1.3050	+0.116%	$8K	$223K	20x	as long as short
Bybit GPROUSDT	+0.0091%	8h	1.3043	+0.063%	$353K	$299K	25x	as long as short
Bitget GPROUSDTshort	+0.0268%	8h	1.3042	+0.055%	$411K	$2.7M	20x
Variational Omni GPRO	+0.1032%	8h	1.3033	−0.014%	$36K	$31K	—	as long as short
Binance GPROUSDTlong	+0.1108%	8h	1.3035	long leg	$896K	$1.9M	20x
Aster GPROUSD1	+0.1293%	8h	1.3042	+0.054%	$7.7M	$18.4M	20x	as long as short
Entropy io:GPRO	+0.1795%	1h	1.3008	−0.206%	$454K	$30.6M	5x	as long as short

Show all 12 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin GPROUSDTM	+0.1908%	8h	1.3040	+0.040%	$65K	$1.7M	20x	as long as short
OKX GPRO-USDT-SWAP	+0.2102%	8h	1.2960	−0.574%	$534K	$700K	10x	as long as short