Funding you earn now, next payment 03:00 UTC−0.0061%/8h= −6.6% APRpaid last 24h −0.351%
Price spread now: Bitget against Entropy−0.069%7-day average +0.064% · you buy dearer than you sell
Net, funding: paid 7d − costs−$438as in the Funding arb table
Net, price: spread back to 7d avg − costs−$274as in the Price arb table
costs, in and out, $10k−$2612.609% of the position
Funding, last 7 days−1.772%−$177 on $10k
+Price spread, last 7 days−0.090%−$9 · spread now −0.069%, 7d avg +0.064%
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Bitget is 0.133% cheaper against Entropy than usual: you would sell low and buy high (−$13 if the spread goes back to its 7-day average of +0.064%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Entropy io:GPRO | 1.3022 | 0.0270 | pay 0.0034% / 1h | 40m 43s | $455K | $30.6M | 5x |
| Short | Bitget GPROUSDT | 1.3013 | 0.0209 | get 0.0209% / 8h | 5h 40m | $406K | $2.6M | 20x |
Entropy io:GPRO
Bitget GPROUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- −$12.74
- Price spread: −0.069% → +0.064%
- −$13.35
- Slippage, 4 orders
- −$230.88
- Fee Entropy: 9 bp × 2 orders
- −$18
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$286.97
- Costs to cover
- 2.609%
- Break-even
- never at this rate
Slippage from Entropy: live order book, 6 min ago; Bitget: 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 Entropy live order book, 6 min ago | 27.25 bp | 120.1 bp −$120 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 2 min ago | 8.45 bp | 14.7 bp −$15 | 25.4 bp −$254 | 116.5 bp −$11.7K | 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 | 1.3033 | +0.084% | $359K | $291K | 25x | as long as short |
| QFEX GPRO-USD | 0.0000% | 1h | 1.3000 | −0.169% | $1.2M | $33K | 10x | as long as short |
| Gate GPRO_USDT | 0.0000% | 8h | 1.3020 | −0.015% | $56K | $133K | 20x | as long as short |
| SunX GPRO-USDT | 0.0000% | 8h | 1.3000 | −0.169% | — | $1.9M | 10x | as long as short |
| HTX GPRO-USDT | 0.0000% | 8h | 1.3010 | −0.092% | $8K | $219K | 20x | as long as short |
| Bitget GPROUSDTshort | +0.0209% | 8h | 1.3013 | −0.069% | $406K | $2.6M | 20x | |
| Entropy io:GPROlong | +0.0270% | 1h | 1.3022 | long leg | $455K | $30.6M | 5x | |
| Binance GPROUSDT | +0.1421% | 8h | 1.3010 | −0.091% | $898K | $1.8M | 20x | as long as short |
| Variational Omni GPRO | +0.1421% | 8h | 1.3007 | −0.112% | $36K | $31K | — | as long as short |
| Aster GPROUSD1 | +0.1711% | 8h | 1.3017 | −0.037% | $7.7M | $17.0M | 20x | as long as short |
Bybit GPROUSDT
QFEX GPRO-USD
Gate GPRO_USDT
SunX GPRO-USDT
HTX GPRO-USDT
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 | +0.2024% | 8h | 1.3030 | +0.061% | $65K | $1.6M | 20x | as long as short |
| OKX GPRO-USDT-SWAP | +0.2155% | 8h | 1.2940 | −0.630% | $538K | $689K | 10x | as long as short |
KuCoin GPROUSDTM
OKX GPRO-USDT-SWAP