GPRO

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0216%/8h= −23.7% APRnext payment −$2.16 per $10,000 · paid last 24h +0.011%

Price spread now: Bybit against Bitget+0.177%7-day average +0.105% · you sell dearer than you buy

Net, funding: paid 7d − costs−$338as in the Funding arb table

Net, price: spread back to 7d avg − costs−$323as in the Price arb table

costs, in and out, $10k−$3303.302% of the position

Long on Bitget Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.074%−$7 on $10k

Price spread, last 4 days (all we have)−0.032%−$3 · spread now +0.177%, 7d avg +0.105%

Together, before fees−0.106%−$11 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Bybit is 0.072% dearer against Bitget than usual: you sell high and buy low (spread +0.177% now, against its 7-day average of +0.105%): +$7 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 27 hours. At the pace of the last 7 days (−0.074% in total) that is about 6.8 days.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.074% in total (about -3.8% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.16 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	Bitget GPROUSDT	1.3013	0.0216	pay 0.0216% / 8h	5h 42m	$406K	$2.6M	20x
Short	Bybit GPROUSDT	1.3036	0	get 0.0000% / 8h	5h 42m	$359K	$292K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against Bitget. 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 BitgetbpFee BybitbpOrdersPrice spread, now +0.177%Rate

Funding earned: −$45.36
Price spread: +0.177% → +0.105%: $7.18
Slippage, 4 orders: −$307.18
Fee Bitget: 6 bp × 2 orders: −$12
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$368.36
Costs to cover: 3.302%
Break-even: never at this rate

Slippage from Bitget: live order book, 5 min ago; Bybit: live order book, 12 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 Bitget live order book, 5 min ago	1.92 bp	10.1 bp −$10	14.3 bp −$143	97.3 bp −$9,727	doesn't fit
Sell Bybit live order book, 12 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	1.3036	+0.177%	$359K	$292K	25x
QFEX GPRO-USD	0.0000%	1h	1.3000	−0.100%	$1.2M	$33K	10x	as long as short
Gate GPRO_USDT	0.0000%	8h	1.3020	+0.054%	$56K	$133K	20x	as long as short
SunX GPRO-USDT	0.0000%	8h	1.3000	−0.100%	—	$1.9M	10x	as long as short
HTX GPRO-USDT	0.0000%	8h	1.3010	−0.023%	$8K	$219K	20x	as long as short
Bitget GPROUSDTlong	+0.0216%	8h	1.3013	long leg	$406K	$2.6M	20x
Entropy io:GPRO	+0.0229%	1h	1.3034	+0.161%	$456K	$30.6M	5x	as long as short
Binance GPROUSDT	+0.1424%	8h	1.3009	−0.028%	$898K	$1.8M	20x	as long as short
Variational Omni GPRO	+0.1431%	8h	1.3013	−0.002%	$36K	$31K	—	as long as short
Aster GPROUSD1	+0.1717%	8h	1.3000	−0.097%	$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	+0.2030%	8h	1.2980	−0.254%	$64K	$1.6M	20x	as long as short
OKX GPRO-USDT-SWAP	+0.2171%	8h	1.2940	−0.561%	$538K	$689K	10x	as long as short