Funding you earn now, next payment 03:00 UTC+0.0779%/8h= +85.3% APRpaid last 24h −0.116%
Price spread now: KuCoin against Entropy+0.107%7-day average +0.019% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,448as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,331as in the Price arb table
costs, in and out, $10k−$1,34013.401% of the position
Funding, last 7 days−1.081%−$108 on $10k
+Price spread, last 7 days−0.241%−$24 · spread now +0.107%, 7d avg +0.019%
=Both sides work for this trade now. Funding pays +$23 a day on $10k at the current rate, and KuCoin is 0.089% dearer against Entropy than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of +0.019%. Mind the row above: over the last 7 days funding on this pair cost −1.081%, 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 | Entropy io:GPRO | 1.3046 | 0.1067 | pay 0.0133% / 1h | 6m 28s | $456K | $30.6M | 5x |
| Short | KuCoin GPROUSDTM | 1.3060 | 0.1846 | get 0.1846% / 8h | 5h 06m | $65K | $1.5M | 20x |
Entropy io:GPRO
KuCoin GPROUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $163.66
- Price spread: +0.107% → +0.019%
- $8.86
- Slippage, 4 orders
- −$1,310.09
- Fee Entropy: 9 bp × 2 orders
- −$18
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$1,167.58
- Costs to cover
- 13.401%
- Break-even
- 56.9 days
Slippage from Entropy: live order book, 1 min ago; KuCoin: live order book, 9 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, 1 min ago | 22.23 bp | 119.3 bp −$119 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 9 min ago | 22.97 bp | 735.8 bp −$736 | 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 | +0.023% | $359K | $285K | 25x | as long as short |
| QFEX GPRO-USD | 0.0000% | 1h | 1.2900 | −1.119% | $1.2M | $33K | 10x | as long as short |
| Gate GPRO_USDT | 0.0000% | 8h | 1.3044 | −0.015% | $55K | $133K | 20x | as long as short |
| SunX GPRO-USDT | 0.0000% | 8h | 1.3050 | +0.031% | — | $1.9M | 10x | as long as short |
| HTX GPRO-USDT | 0.0000% | 8h | 1.3060 | +0.107% | $8K | $218K | 20x | as long as short |
| Bitget GPROUSDT | +0.0167% | 8h | 1.3051 | +0.038% | $399K | $2.6M | 20x | as long as short |
| Entropy io:GPROlong | +0.1067% | 1h | 1.3046 | long leg | $456K | $30.6M | 5x | |
| Variational Omni GPRO | +0.1406% | 8h | 1.3037 | −0.065% | $36K | $31K | — | as long as short |
| Binance GPROUSDT | +0.1423% | 8h | 1.3044 | −0.014% | $901K | $1.8M | 20x | as long as short |
| Aster GPROUSD1 | +0.1716% | 8h | 1.3054 | +0.061% | $7.7M | $15.8M | 20x | as long as short |
Bybit GPROUSDT
QFEX GPRO-USD
Gate GPRO_USDT
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 GPROUSDTMshort | +0.1846% | 8h | 1.3060 | +0.107% | $65K | $1.5M | 20x | |
| OKX GPRO-USDT-SWAP | +0.1862% | 8h | 1.2970 | −0.583% | $544K | $696K | 10x | as long as short |
OKX GPRO-USDT-SWAP