Funding you earn now, next payment 08:00 UTC+0.0172%/8h= +18.8% APRnext payment +$1.72 per $10,000 · paid last 24h −0.011%
Price spread now: Bitget against Bybit−0.008%7-day average −0.105% · you buy dearer than you sell
Net, funding: paid 7d − costs−$330as in the Funding arb table
Net, price: spread back to 7d avg − costs−$328as in the Price arb table
costs, in and out, $10k−$3383.377% of the position
Funding, last 7 days+0.074%+$7 on $10k
+Price spread, last 4 days (all we have)−0.137%−$14 · spread now −0.008%, 7d avg −0.105%
=Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Bitget is 0.097% dearer against Bybit than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of −0.105%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit GPROUSDT | 1.3049 | 0 | get 0.0000% / 8h | 5h 14m | $359K | $287K | 25x |
| Short | Bitget GPROUSDT | 1.3048 | 0.0172 | get 0.0172% / 8h | 5h 14m | $399K | $2.6M | 20x |
Bybit GPROUSDT
Bitget GPROUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- $36.12
- Price spread: −0.008% → −0.105%
- $9.73
- Slippage, 4 orders
- −$314.73
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$291.88
- Costs to cover
- 3.377%
- Break-even
- 63.6 days
Slippage from Bybit: live order book, 40 min ago; Bitget: live order book, 3 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, 40 min ago | 7.64 bp | 153.0 bp −$153 | 4018.4 bp −$40.2K | doesn't fit | doesn't fit |
| Sell Bitget live order book, 3 min ago | 6.13 bp | 14.0 bp −$14 | 27.8 bp −$278 | 116.5 bp −$11.6K | 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 | 1.3049 | long leg | $359K | $287K | 25x | |
| QFEX GPRO-USD | 0.0000% | 1h | 1.3100 | +0.391% | $1.2M | $33K | 10x | as long as short |
| Gate GPRO_USDT | 0.0000% | 8h | 1.3040 | −0.069% | $55K | $133K | 20x | as long as short |
| SunX GPRO-USDT | 0.0000% | 8h | 1.3050 | +0.008% | — | $1.9M | 10x | as long as short |
| HTX GPRO-USDT | 0.0000% | 8h | 1.3050 | +0.008% | $8K | $218K | 20x | as long as short |
| Bitget GPROUSDTshort | +0.0172% | 8h | 1.3048 | −0.008% | $399K | $2.6M | 20x | |
| Entropy io:GPRO | +0.0974% | 1h | 1.3029 | −0.153% | $455K | $30.6M | 5x | as long as short |
| Variational Omni GPRO | +0.1398% | 8h | 1.3042 | −0.050% | $36K | $31K | — | as long as short |
| Binance GPROUSDT | +0.1421% | 8h | 1.3040 | −0.069% | $900K | $1.8M | 20x | as long as short |
| Aster GPROUSD1 | +0.1708% | 8h | 1.3034 | −0.112% | $7.7M | $16.0M | 20x | as long as short |
QFEX GPRO-USD
Gate GPRO_USDT
SunX GPRO-USDT
HTX GPRO-USDT
Entropy io:GPRO
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 | +0.1898% | 8h | 1.3050 | +0.008% | $65K | $1.6M | 20x | as long as short |
| OKX GPRO-USDT-SWAP | +0.1926% | 8h | 1.2970 | −0.605% | $544K | $696K | 10x | as long as short |
KuCoin GPROUSDTM
OKX GPRO-USDT-SWAP