Funding you earn now, next payment 11:00 UTC−0.0201%/8h= −22.0% APRpaid last 24h −0.301%
Price spread now: Binance against Entropy−0.069%7-day average +0.006% · you buy dearer than you sell
Net, funding: paid 7d − costs−$511as in the Funding arb table
Net, price: spread back to 7d avg − costs−$315as in the Price arb table
costs, in and out, $10k−$3073.075% of the position
Funding, last 7 days−2.033%−$203 on $10k
+Price spread, last 7 days−0.081%−$8 · spread now −0.069%, 7d avg +0.006%
=Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and Binance is 0.076% cheaper against Entropy than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of +0.006%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Entropy io:GPRO | 1.2959 | 0.0201 | pay 0.0025% / 1h | 30m 40s | $479K | $30.6M | 5x |
| Short | Binance GPROUSDT | 1.2950 | 0 | get 0.0000% / 8h | 5h 30m | $881K | $1.5M | 20x |
Entropy io:GPRO
Binance GPROUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Entropy. 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
- −$42.22
- Price spread: −0.069% → +0.006%
- −$7.56
- Slippage, 4 orders
- −$279.5
- Fee Entropy: 9 bp × 2 orders
- −$18
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$357.28
- Costs to cover
- 3.075%
- Break-even
- never at this rate
Slippage from Entropy: live order book, 8 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 Entropy live order book, 8 min ago | 43.16 bp | 105.9 bp −$106 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 10 min ago | 7.70 bp | 37.9 bp −$38 | 145.8 bp −$1,458 | doesn't fit | doesn't fit |
GPRO on 12 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Aster GPROUSD1 | 0.0000% | 8h | 1.2967 | +0.065% | $7.7M | $19.1M | 20x | as long as short |
| Binance GPROUSDTshort | 0.0000% | 8h | 1.2950 | −0.069% | $881K | $1.5M | 20x | |
| Bybit GPROUSDT | 0.0000% | 8h | 1.2971 | +0.093% | $361K | $195K | 25x | as long as short |
| QFEX GPRO-USD | 0.0000% | 1h | 1.3000 | +0.316% | $1.2M | $31K | 10x | as long as short |
| Gate GPRO_USDT | 0.0000% | 8h | 1.2960 | +0.008% | $55K | $119K | 20x | as long as short |
| Variational Omni GPRO | 0.0000% | 8h | 1.2957 | −0.016% | $37K | $20K | — | as long as short |
| SunX GPRO-USDT | 0.0000% | 8h | 1.2970 | +0.085% | — | $1.4M | 10x | as long as short |
| HTX GPRO-USDT | 0.0000% | 8h | 1.2960 | +0.008% | $8K | $200K | 20x | as long as short |
| KuCoin GPROUSDTM | +0.0100% | 8h | 1.2960 | +0.008% | $63K | $1.3M | 20x | as long as short |
| Entropy io:GPROlong | +0.0201% | 1h | 1.2959 | long leg | $479K | $30.6M | 5x |
Aster GPROUSD1
Bybit GPROUSDT
QFEX GPRO-USD
Gate GPRO_USDT
Variational Omni GPRO
SunX GPRO-USDT
HTX GPRO-USDT
KuCoin GPROUSDTMShow all 12 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX GPRO-USDT-SWAP | +0.0328% | 8h | 1.2940 | −0.147% | $544K | $630K | 10x | as long as short |
| Bitget GPROUSDT | +0.0497% | 8h | 1.2953 | −0.046% | $415K | $2.4M | 20x | as long as short |
OKX GPRO-USDT-SWAP
Bitget GPROUSDT