Funding you earn now, next payment 08:00 UTC−0.0030%/8h= −3.3% APRnext payment −$0.30 per $10,000 · paid last 24h +0.177%
Price spread now: OKX against Binance−0.307%7-day average −0.324% · you buy dearer than you sell
Net, funding: paid 7d − costs−$17as in the Funding arb table
Net, price: spread back to 7d avg − costs−$155as in the Price arb table
costs, in and out, $10k−$1571.566% of the position
Funding, last 7 days+1.395%+$140 on $10k
+Price spread, last 4 days (all we have)+0.460%+$46 · spread now −0.307%, 7d avg −0.324%
=The price spread sits at its 7-day average of −0.324%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +1.395%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance GPROUSDT | 1.3010 | 0.1013 | pay 0.1013% / 8h | 2h 50m | $888K | $1.7M | 20x |
| Short | OKX GPRO-USDT-SWAP | 1.2970 | 0.0983 | get 0.0983% / 8h | 2h 50m | $547K | $687K | 10x |
Binance GPROUSDT
OKX GPRO-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against Binance. 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
- −$6.4
- Price spread: −0.307% → −0.324%
- $1.61
- Slippage, 4 orders
- −$136.63
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$161.41
- Costs to cover
- 1.566%
- Break-even
- never at this rate
Slippage from Binance: live order book, 13 min ago; OKX: live order book, 60 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, 13 min ago | 3.84 bp | 37.0 bp −$37 | 221.5 bp −$2,215 | doesn't fit | doesn't fit |
| Sell OKX live order book, 60 min ago | 7.70 bp | 47.8 bp −$48 | 409.7 bp −$4,097 | 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 GPROUSDT | 0.0000% | 8h | 1.3084 | +0.569% | $360K | $221K | 25x | as long as short |
| QFEX GPRO-USD | 0.0000% | 1h | 1.3100 | +0.692% | $1.2M | $31K | 10x | as long as short |
| Gate GPRO_USDT | 0.0000% | 8h | 1.3040 | +0.231% | $55K | $130K | 20x | as long as short |
| Bitget GPROUSDT | 0.0000% | 8h | 1.3052 | +0.323% | $419K | $2.6M | 20x | as long as short |
| SunX GPRO-USDT | 0.0000% | 8h | 1.3030 | +0.154% | — | $1.8M | 10x | as long as short |
| HTX GPRO-USDT | 0.0000% | 8h | 1.3040 | +0.231% | $8K | $211K | 20x | as long as short |
| OKX GPRO-USDT-SWAPshort | +0.0983% | 8h | 1.2970 | −0.307% | $547K | $687K | 10x | |
| Binance GPROUSDTlong | +0.1013% | 8h | 1.3010 | long leg | $888K | $1.7M | 20x | |
| Variational Omni GPRO | +0.1024% | 8h | 1.3018 | +0.059% | $37K | $32K | — | as long as short |
| KuCoin GPROUSDTM | +0.1151% | 8h | 1.3030 | +0.154% | $64K | $1.3M | 20x | as long as short |
Bybit GPROUSDT
QFEX GPRO-USD
Gate GPRO_USDT
Bitget GPROUSDT
SunX GPRO-USDT
HTX GPRO-USDT
Variational Omni GPRO
KuCoin GPROUSDTMShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster GPROUSD1 | +0.1199% | 8h | 1.3019 | +0.066% | $7.7M | $12.8M | 20x | as long as short |
| Entropy io:GPRO | +0.4039% | 1h | 1.3020 | +0.077% | $468K | $30.6M | 5x | as long as short |
Aster GPROUSD1
Entropy io:GPRO