Funding you earn now, next payment 03:00 UTC+0.0802%/8h= +87.8% APRpaid last 24h +0.351%
Price spread now: Entropy against Bitget−0.146%7-day average −0.064% · you buy dearer than you sell
Net, funding: paid 7d − costs−$65as in the Funding arb table
Net, price: spread back to 7d avg − costs−$250as in the Price arb table
costs, in and out, $10k−$2422.422% of the position
Funding, last 7 days+1.772%+$177 on $10k
+Price spread, last 7 days+0.305%+$30 · spread now −0.146%, 7d avg −0.064%
=Funding pays, the price is against you. Entropy is 0.081% cheaper against Bitget than usual: you would sell low and buy high (spread −0.146% now, against its 7-day average of −0.064%). If the spread goes back, that is −$8 on $10k: about 8 hours of funding at the current rate (+$24 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget GPROUSDT | 1.3048 | 0.0172 | pay 0.0172% / 8h | 5h 14m | $399K | $2.6M | 20x |
| Short | Entropy io:GPRO | 1.3029 | 0.0974 | get 0.0122% / 1h | 14m 36s | $455K | $30.6M | 5x |
Bitget GPROUSDT
Entropy io:GPROFunding history
latest
Range statsloading…
Price spread between the two exchanges
Entropy against Bitget. 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
- $168.34
- Price spread: −0.146% → −0.064%
- −$8.12
- Slippage, 4 orders
- −$212.16
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Entropy: 9 bp × 2 orders
- −$18
- Net
- −$81.94
- Costs to cover
- 2.422%
- Break-even
- 10.4 days
Slippage from Bitget: live order book, 3 min ago; Entropy: live order book, 2 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, 3 min ago | 6.13 bp | 13.9 bp −$14 | 17.4 bp −$174 | 85.0 bp −$8,504 | doesn't fit |
| Sell Entropy live order book, 2 min ago | 34.87 bp | 90.0 bp −$90 | 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 GPROUSDT | 0.0000% | 8h | 1.3049 | +0.008% | $359K | $287K | 25x | as long as short |
| QFEX GPRO-USD | 0.0000% | 1h | 1.3100 | +0.399% | $1.2M | $33K | 10x | as long as short |
| Gate GPRO_USDT | 0.0000% | 8h | 1.3044 | −0.031% | $55K | $133K | 20x | as long as short |
| SunX GPRO-USDT | 0.0000% | 8h | 1.3050 | +0.015% | — | $1.9M | 10x | as long as short |
| HTX GPRO-USDT | 0.0000% | 8h | 1.3050 | +0.015% | $8K | $218K | 20x | as long as short |
| Bitget GPROUSDTlong | +0.0172% | 8h | 1.3048 | long leg | $399K | $2.6M | 20x | |
| Entropy io:GPROshort | +0.0974% | 1h | 1.3029 | −0.146% | $455K | $30.6M | 5x | |
| Variational Omni GPRO | +0.1398% | 8h | 1.3042 | −0.042% | $36K | $31K | — | as long as short |
| Binance GPROUSDT | +0.1422% | 8h | 1.3040 | −0.061% | $900K | $1.8M | 20x | as long as short |
| Aster GPROUSD1 | +0.1711% | 8h | 1.3035 | −0.103% | $7.7M | $16.0M | 20x | as long as short |
Bybit GPROUSDT
QFEX GPRO-USD
Gate GPRO_USDT
SunX GPRO-USDT
HTX GPRO-USDT
Variational Omni GPRO
Binance GPROUSDT
Aster GPROUSD1Show all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin GPROUSDTM | +0.1892% | 8h | 1.3050 | +0.015% | $65K | $1.6M | 20x | as long as short |
| OKX GPRO-USDT-SWAP | +0.1926% | 8h | 1.2970 | −0.598% | $544K | $696K | 10x | as long as short |
KuCoin GPROUSDTM
OKX GPRO-USDT-SWAP