Funding you earn now, next payment 08:00 UTC+0.1006%/8h= +110.1% APRnext payment +$10.06 per $10,000 · paid last 24h +0.234%
Price spread now: OKX against Bitget−0.430%7-day average −0.396% · you buy dearer than you sell
Net, funding: paid 7d − costs$0as in the Funding arb table
Net, price: spread back to 7d avg − costs−$111as in the Price arb table
costs, in and out, $10k−$1081.079% of the position
Funding, last 7 days+1.081%+$108 on $10k
+Price spread, last 4 days (all we have)+0.255%+$25 · spread now −0.430%, 7d avg −0.396%
=Funding pays, the price is against you. OKX is 0.034% cheaper against Bitget than usual: you would sell low and buy high (spread −0.430% now, against its 7-day average of −0.396%). If the spread goes back, that is −$3 on $10k: about 3 hours of funding at the current rate (+$30 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget GPROUSDT | 1.3036 | 0 | get 0.0000% / 8h | 2h 36m | $398K | $2.6M | 20x |
| Short | OKX GPRO-USDT-SWAP | 1.2980 | 0.1006 | get 0.1006% / 8h | 2h 36m | $546K | $698K | 10x |
Bitget GPROUSDT
OKX GPRO-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- $211.21
- Price spread: −0.430% → −0.396%
- −$3.37
- Slippage, 4 orders
- −$85.9
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- $99.94
- Costs to cover
- 1.079%
- Break-even
- 3.7 days
Slippage from Bitget: live order book, 1 min ago; OKX: live order book, 10 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, 1 min ago | 12.27 bp | 21.0 bp −$21 | 27.6 bp −$276 | 114.5 bp −$11.4K | doesn't fit |
| Sell OKX live order book, 10 min ago | 7.70 bp | 31.2 bp −$31 | 362.9 bp −$3,629 | 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 | 1.3082 | +0.353% | $362K | $225K | 25x | as long as short |
| QFEX GPRO-USD | 0.0000% | 1h | 1.3100 | +0.491% | $1.2M | $31K | 10x | as long as short |
| Gate GPRO_USDT | 0.0000% | 8h | 1.3022 | −0.107% | $55K | $130K | 20x | as long as short |
| Bitget GPROUSDTlong | 0.0000% | 8h | 1.3036 | long leg | $398K | $2.6M | 20x | |
| SunX GPRO-USDT | 0.0000% | 8h | 1.3030 | −0.046% | — | $1.8M | 10x | as long as short |
| HTX GPRO-USDT | 0.0000% | 8h | 1.3020 | −0.123% | $8K | $210K | 20x | as long as short |
| OKX GPRO-USDT-SWAPshort | +0.1006% | 8h | 1.2980 | −0.430% | $546K | $698K | 10x | |
| Binance GPROUSDT | +0.1049% | 8h | 1.3020 | −0.124% | $890K | $1.7M | 20x | as long as short |
| Variational Omni GPRO | +0.1099% | 8h | 1.3028 | −0.062% | $38K | $32K | — | as long as short |
| KuCoin GPROUSDTM | +0.1158% | 8h | 1.3030 | −0.046% | $64K | $1.3M | 20x | as long as short |
Bybit GPROUSDT
QFEX GPRO-USD
Gate GPRO_USDT
SunX GPRO-USDT
HTX GPRO-USDT
Binance GPROUSDT
Variational Omni GPRO
KuCoin GPROUSDTMShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster GPROUSD1 | +0.1240% | 8h | 1.3011 | −0.191% | $7.7M | $12.9M | 20x | as long as short |
| Entropy io:GPRO | +0.2870% | 1h | 1.3009 | −0.207% | $470K | $30.6M | 5x | as long as short |
Aster GPROUSD1
Entropy io:GPRO