Funding you earn now, next payment 08:00 UTC+0.0223%/8h= +24.5% APRnext payment +$2.23 per $10,000 · paid last 24h +0.045%
Price spread now: Binance against Bybit−0.199%7-day average −0.186% · you buy dearer than you sell
Net, funding: paid 7d − costs−$417as in the Funding arb table
Net, price: spread back to 7d avg − costs−$394as in the Price arb table
costs, in and out, $10k−$3933.926% of the position
Funding, last 7 days−0.240%−$24 on $10k
+Price spread, last 4 days (all we have)+0.107%+$11 · spread now −0.199%, 7d avg −0.186%
=The price spread sits at its 7-day average of −0.186%, so right now this pair is about funding alone: +$7 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.240%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit GPROUSDT | 1.3056 | 0 | get 0.0000% / 8h | 23m 16s | $361K | $224K | 25x |
| Short | Binance GPROUSDT | 1.3030 | 0.0223 | get 0.0223% / 8h | 23m 16s | $872K | $1.7M | 20x |
Bybit GPROUSDT
Binance GPROUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Bybit. 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
- $46.92
- Price spread: −0.199% → −0.186%
- −$1.27
- Slippage, 4 orders
- −$371.57
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$346.92
- Costs to cover
- 3.926%
- Break-even
- 58.8 days
Slippage from Bybit: live order book, 6 min ago; Binance: 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 Bybit live order book, 6 min ago | 6.50 bp | 173.6 bp −$174 | 1842.6 bp −$18.4K | doesn't fit | doesn't fit |
| Sell Binance live order book, 10 min ago | 7.67 bp | 33.2 bp −$33 | 149.7 bp −$1,497 | 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 GPROUSDTlong | 0.0000% | 8h | 1.3056 | long leg | $361K | $224K | 25x | |
| QFEX GPRO-USD | 0.0000% | 1h | 1.3100 | +0.337% | $1.2M | $31K | 10x | as long as short |
| Gate GPRO_USDT | 0.0000% | 8h | 1.3021 | −0.268% | $55K | $130K | 20x | as long as short |
| Bitget GPROUSDT | 0.0000% | 8h | 1.3042 | −0.107% | $421K | $2.7M | 20x | as long as short |
| SunX GPRO-USDT | 0.0000% | 8h | 1.3050 | −0.046% | — | $1.7M | 10x | as long as short |
| HTX GPRO-USDT | 0.0000% | 8h | 1.3040 | −0.123% | $8K | $208K | 20x | as long as short |
| Entropy io:GPRO | +0.0185% | 1h | 1.3032 | −0.184% | $483K | $30.6M | 5x | as long as short |
| Binance GPROUSDTshort | +0.0223% | 8h | 1.3030 | −0.199% | $872K | $1.7M | 20x | |
| Variational Omni GPRO | +0.0240% | 8h | 1.3038 | −0.141% | $37K | $30K | — | as long as short |
| OKX GPRO-USDT-SWAP | +0.0285% | 8h | 1.2970 | −0.659% | $546K | $684K | 10x | as long as short |
QFEX GPRO-USD
Gate GPRO_USDT
Bitget GPROUSDT
SunX GPRO-USDT
HTX GPRO-USDT
Entropy io:GPRO
Variational Omni GPRO
OKX GPRO-USDT-SWAPShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin GPROUSDTM | +0.0328% | 8h | 1.3040 | −0.123% | $63K | $1.1M | 20x | as long as short |
| Aster GPROUSD1 | +0.0362% | 8h | 1.3033 | −0.173% | $7.7M | $19.1M | 20x | as long as short |
KuCoin GPROUSDTM
Aster GPROUSD1