Funding you earn now, next payment 03:00 UTC−0.0193%/8h= −21.1% APRpaid last 24h −0.053%
Price spread now: QFEX against Bitget−0.192%7-day average −0.033% · 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−$152as in the Price arb table
costs, in and out, $10k−$1361.365% of the position
Funding, last 4 days (all we have)−0.341%−$34 on $10k
+Price spread, last 7 days+0.256%+$26 · spread now −0.192%, 7d avg −0.033%
=Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and QFEX is 0.159% cheaper against Bitget than usual: you would sell low and buy high (−$16 if the spread goes back to its 7-day average of −0.033%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget GPROUSDT | 1.3025 | 0.0193 | pay 0.0193% / 8h | 5h 34m | $407K | $2.6M | 20x |
| Short | QFEX GPRO-USD | 1.3000 | 0 | get 0.0000% / 1h | 34m 30s | $1.2M | $33K | 10x |
Bitget GPROUSDT
QFEX GPRO-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX 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
- −$40.53
- Price spread: −0.192% → −0.033%
- −$15.92
- Slippage, 4 orders
- −$114.47
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$192.92
- Costs to cover
- 1.365%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 3 min ago; QFEX: 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 | 1.15 bp | 9.9 bp −$10 | 13.2 bp −$132 | 81.3 bp −$8,128 | doesn't fit |
| Sell QFEX live order book, 2 min ago | 38.61 bp | 43.6 bp −$44 | 148.4 bp −$1,484 | 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 | +0.184% | $359K | $290K | 25x | as long as short |
| QFEX GPRO-USDshort | 0.0000% | 1h | 1.3000 | −0.192% | $1.2M | $33K | 10x | |
| Gate GPRO_USDT | 0.0000% | 8h | 1.3032 | +0.054% | $56K | $133K | 20x | as long as short |
| SunX GPRO-USDT | 0.0000% | 8h | 1.3010 | −0.115% | — | $1.9M | 10x | as long as short |
| HTX GPRO-USDT | 0.0000% | 8h | 1.3030 | +0.038% | $8K | $219K | 20x | as long as short |
| Bitget GPROUSDTlong | +0.0193% | 8h | 1.3025 | long leg | $407K | $2.6M | 20x | |
| Entropy io:GPRO | +0.0374% | 1h | 1.3023 | −0.015% | $455K | $30.6M | 5x | as long as short |
| Binance GPROUSDT | +0.1410% | 8h | 1.3013 | −0.095% | $898K | $1.8M | 20x | as long as short |
| Variational Omni GPRO | +0.1412% | 8h | 1.3012 | −0.096% | $36K | $31K | — | as long as short |
| Aster GPROUSD1 | +0.1698% | 8h | 1.3028 | +0.020% | $7.7M | $17.0M | 20x | as long as short |
Bybit GPROUSDT
Gate GPRO_USDT
SunX GPRO-USDT
HTX GPRO-USDT
Entropy io:GPRO
Binance GPROUSDT
Variational Omni GPRO
Aster GPROUSD1Show all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin GPROUSDTM | +0.1982% | 8h | 1.3030 | +0.038% | $65K | $1.6M | 20x | as long as short |
| OKX GPRO-USDT-SWAP | +0.2052% | 8h | 1.2940 | −0.653% | $538K | $689K | 10x | as long as short |
KuCoin GPROUSDTM
OKX GPRO-USDT-SWAP