Funding you earn now, next payment 03:00 UTC−0.0974%/8h= −106.6% APRpaid last 24h −0.403%
Price spread now: Gate against Entropy+0.115%7-day average +0.389% · you sell dearer than you buy
Net, funding: paid 7d − costs−$601as in the Funding arb table
Net, price: spread back to 7d avg − costs−$395as in the Price arb table
costs, in and out, $10k−$3683.681% of the position
Funding, last 7 days−2.332%−$233 on $10k
+Price spread, last 4 days (all we have)−0.192%−$19 · spread now +0.115%, 7d avg +0.389%
=Both sides work against this trade now: funding costs −$29 a day on $10k at the current rate, and Gate is 0.274% cheaper against Entropy than usual: you would sell low and buy high (−$27 if the spread goes back to its 7-day average of +0.389%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Entropy io:GPRO | 1.3029 | 0.0974 | pay 0.0122% / 1h | 14m 26s | $455K | $30.6M | 5x |
| Short | Gate GPRO_USDT | 1.3044 | 0 | get 0.0000% / 8h | 5h 14m | $55K | $133K | 20x |
Entropy io:GPRO
Gate GPRO_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$204.46
- Price spread: +0.115% → +0.389%
- −$27.41
- Slippage, 4 orders
- −$335.09
- Fee Entropy: 9 bp × 2 orders
- −$18
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$599.96
- Costs to cover
- 3.681%
- Break-even
- never at this rate
Slippage from Entropy: live order book, 2 min ago; Gate: live order book, 41 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, 2 min ago | 34.87 bp | 124.3 bp −$124 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 41 min ago | 10.33 bp | 101.4 bp −$101 | doesn't fit | 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 | +0.154% | $359K | $287K | 25x | as long as short |
| QFEX GPRO-USD | 0.0000% | 1h | 1.3100 | +0.545% | $1.2M | $33K | 10x | as long as short |
| Gate GPRO_USDTshort | 0.0000% | 8h | 1.3044 | +0.115% | $55K | $133K | 20x | |
| SunX GPRO-USDT | 0.0000% | 8h | 1.3050 | +0.161% | — | $1.9M | 10x | as long as short |
| HTX GPRO-USDT | 0.0000% | 8h | 1.3050 | +0.161% | $8K | $218K | 20x | as long as short |
| Bitget GPROUSDT | +0.0172% | 8h | 1.3048 | +0.146% | $399K | $2.6M | 20x | as long as short |
| Entropy io:GPROlong | +0.0974% | 1h | 1.3029 | long leg | $455K | $30.6M | 5x | |
| Variational Omni GPRO | +0.1398% | 8h | 1.3042 | +0.103% | $36K | $31K | — | as long as short |
| Binance GPROUSDT | +0.1422% | 8h | 1.3040 | +0.084% | $900K | $1.8M | 20x | as long as short |
| Aster GPROUSD1 | +0.1711% | 8h | 1.3035 | +0.043% | $7.7M | $16.0M | 20x | as long as short |
Bybit GPROUSDT
QFEX GPRO-USD
SunX GPRO-USDT
HTX GPRO-USDT
Bitget GPROUSDT
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 | +0.1892% | 8h | 1.3050 | +0.161% | $65K | $1.6M | 20x | as long as short |
| OKX GPRO-USDT-SWAP | +0.1920% | 8h | 1.2970 | −0.453% | $544K | $696K | 10x | as long as short |
KuCoin GPROUSDTM
OKX GPRO-USDT-SWAP