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 − costs—under 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
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%
=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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance GPROUSDT | 1.3030 | −0.1334 | get 0.1334% / 8h | 43m 14s | $908K | $1.9M | 20x |
| Short | QFEX GPRO-USD | 1.3000 | 0 | get 0.0000% / 1h | 43m 14s | $1.2M | $35K | 10x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Binance live order book, 6 min ago | 3.84 bp | 25.5 bp −$25 | 104.5 bp −$1,045 | doesn't fit | doesn't fit |
| Sell QFEX live order book, 3 min ago | 38.61 bp | 43.6 bp −$44 | 106.5 bp −$1,065 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster GPROUSD1 | −0.1427% | 8h | 1.3040 | +0.077% | $7.7M | $19.3M | 20x | as long as short |
| Variational Omni GPRO | −0.1402% | 8h | 1.3033 | +0.026% | $37K | $30K | — | as long as short |
| Binance GPROUSDTlong | −0.1334% | 8h | 1.3030 | long leg | $908K | $1.9M | 20x | |
| Bybit GPROUSDT | 0.0000% | 8h | 1.3044 | +0.107% | $355K | $313K | 25x | as long as short |
| OKX GPRO-USDT-SWAP | 0.0000% | 8h | 1.2950 | −0.614% | $541K | $691K | 10x | as long as short |
| QFEX GPRO-USDshort | 0.0000% | 1h | 1.3000 | −0.230% | $1.2M | $35K | 10x | |
| Gate GPRO_USDT | 0.0000% | 8h | 1.3020 | −0.077% | $59K | $134K | 20x | as long as short |
| Bitget GPROUSDT | 0.0000% | 8h | 1.3023 | −0.054% | $427K | $3.1M | 20x | as long as short |
| SunX GPRO-USDT | 0.0000% | 8h | 1.3040 | +0.077% | — | $2.1M | 10x | as long as short |
| HTX GPRO-USDT | 0.0000% | 8h | 1.3020 | −0.077% | $8K | $238K | 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 | +0.0100% | 8h | 1.3020 | −0.077% | $62K | $1.8M | 20x | as long as short |
| Entropy io:GPRO | +0.2261% | 1h | 1.2996 | −0.261% | $466K | $30.6M | 5x | as long as short |
Binance GPROUSDT
Aster GPROUSD1
Variational Omni GPRO
Bybit GPROUSDT
OKX GPRO-USDT-SWAP
Gate GPRO_USDT
Bitget GPROUSDT
SunX GPRO-USDT
HTX GPRO-USDT
KuCoin GPROUSDTM