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

GPRO

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.1334%/8h= +146.1% APRpaid last 24h −0.140%
Price spread now: QFEX against Binance−0.230%7-day average +0.106% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$162as in the Price arb table
costs, in and out, $10k−$1281.282% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.291%−$29 on $10k
Price spread, last 2 days (all we have)+1.025%+$103 · spread now −0.230%, 7d avg +0.106%
Together, before fees+0.735%+$73 on $10k · with fees, hour by hour
Funding pays, the price is against you. QFEX is 0.336% cheaper against Binance than usual: you would sell low and buy high (spread −0.230% now, against its 7-day average of +0.106%). If the spread goes back, that is −$34 on $10k: about 20 hours of funding at the current rate (+$40 a day). Mind the row above: over the last 3 days funding on this pair cost −0.291%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.291% in total (about -31.3% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance GPROUSDT1.3030−0.1334get 0.1334% / 8h43m 14s$908K$1.9M20x
ShortQFEX GPRO-USD1.30000get 0.0000% / 1h43m 14s$1.2M$35K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

QFEX 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

Funding earned
$280.23
Price spread: −0.230% → +0.106%
−$33.6
Slippage, 4 orders
−$108.18
Fee Binance: 5 bp × 2 orders
−$10
Fee QFEX: 5 bp × 2 orders
−$10
Net
$118.46
Costs to cover
1.282%
Break-even
4.0 days
Slippage from Binance: live order book, 6 min ago; QFEX: live order book, 3 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 Binance live order book, 6 min ago3.84 bp25.5 bp −$25104.5 bp −$1,045doesn't fitdoesn't fit
Sell QFEX live order book, 3 min ago38.61 bp43.6 bp −$44106.5 bp −$1,065doesn'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
Aster GPROUSD1−0.1427%8h1.3040+0.077%$7.7M$19.3M20xas long as short
Variational Omni GPRO−0.1402%8h1.3033+0.026%$37K$30Kas long as short
Binance GPROUSDTlong−0.1334%8h1.3030long leg$908K$1.9M20x
Bybit GPROUSDT0.0000%8h1.3044+0.107%$355K$313K25xas long as short
OKX GPRO-USDT-SWAP0.0000%8h1.2950−0.614%$541K$691K10xas long as short
QFEX GPRO-USDshort0.0000%1h1.3000−0.230%$1.2M$35K10x
Gate GPRO_USDT0.0000%8h1.3020−0.077%$59K$134K20xas long as short
Bitget GPROUSDT0.0000%8h1.3023−0.054%$427K$3.1M20xas long as short
SunX GPRO-USDT0.0000%8h1.3040+0.077%$2.1M10xas long as short
HTX GPRO-USDT0.0000%8h1.3020−0.077%$8K$238K20xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin GPROUSDTM+0.0100%8h1.3020−0.077%$62K$1.8M20xas long as short
Entropy io:GPRO+0.2261%1h1.2996−0.261%$466K$30.6M5xas long as short