GPRO

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.1418%/8h= −155.3% APRnext payment −$14.18 per $10,000 · paid last 24h −0.045%

Price spread now: Bybit against Binance+0.178%7-day average +0.173% · you sell dearer than you buy

Net, funding: paid 7d − costs−$350as in the Funding arb table

Net, price: spread back to 7d avg − costs−$373as in the Price arb table

costs, in and out, $10k−$3743.736% of the position

Long on Binance Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days+0.240%+$24 on $10k

Price spread, last 4 days (all we have)+0.264%+$26 · spread now +0.178%, 7d avg +0.173%

Together, before fees+0.504%+$50 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.173%, so right now this pair is about funding alone: −$43 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.240%, 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 0.240% in total (about 12.5% a year). A funding rate is set anew for every payment; at this rate the next one is about −$14.18 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	1.3010	0.1418	pay 0.1418% / 8h	5h 38m	$898K	$1.8M	20x
Short	Bybit GPROUSDT	1.3033	0	get 0.0000% / 8h	5h 38m	$359K	$291K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit 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 BybitbpOrdersPrice spread, now +0.178%Rate

Funding earned: −$297.82
Price spread: +0.178% → +0.173%: $0.56
Slippage, 4 orders: −$352.58
Fee Binance: 5 bp × 2 orders: −$10
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$670.85
Costs to cover: 3.736%
Break-even: never at this rate

Slippage from Binance: live order book, 10 min ago; Bybit: live order book, 16 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, 10 min ago	3.84 bp	26.8 bp −$27	137.9 bp −$1,379	doesn't fit	doesn't fit
Sell Bybit live order book, 16 min ago	7.64 bp	156.9 bp −$157	doesn't fit	doesn't fit	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
Bybit GPROUSDTshort	0.0000%	8h	1.3033	+0.178%	$359K	$291K	25x
QFEX GPRO-USD	0.0000%	1h	1.3000	−0.075%	$1.2M	$33K	10x	as long as short
Gate GPRO_USDT	0.0000%	8h	1.3023	+0.102%	$56K	$133K	20x	as long as short
SunX GPRO-USDT	0.0000%	8h	1.3010	+0.002%	—	$1.9M	10x	as long as short
HTX GPRO-USDT	0.0000%	8h	1.3010	+0.002%	$8K	$219K	20x	as long as short
Bitget GPROUSDT	+0.0203%	8h	1.3013	+0.025%	$406K	$2.6M	20x	as long as short
Entropy io:GPRO	+0.0319%	1h	1.3019	+0.071%	$455K	$30.6M	5x	as long as short
Binance GPROUSDTlong	+0.1418%	8h	1.3010	long leg	$898K	$1.8M	20x
Variational Omni GPRO	+0.1421%	8h	1.3007	−0.018%	$36K	$31K	—	as long as short
Aster GPROUSD1	+0.1709%	8h	1.3013	+0.027%	$7.7M	$17.0M	20x	as long as short

Show all 12 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin GPROUSDTM	+0.2006%	8h	1.3020	+0.078%	$65K	$1.6M	20x	as long as short
OKX GPRO-USDT-SWAP	+0.2110%	8h	1.2940	−0.536%	$538K	$689K	10x	as long as short