Funding you earn now, next payment 03:00 UTC−0.1016%/8h= −111.3% APRpaid last 24h −0.403%
Price spread now: SunX against Entropy+0.100%7-day average +0.203% · you sell dearer than you buy
Net, funding: paid 7d − costs−$784as in the Funding arb table
Net, price: spread back to 7d avg − costs−$551as in the Price arb table
costs, in and out, $10k−$5415.408% of the position
Funding, last 7 days−2.433%−$243 on $10k
+Price spread, last 4 days (all we have)−0.552%−$55 · spread now +0.100%, 7d avg +0.203%
=Both sides work against this trade now: funding costs −$30 a day on $10k at the current rate, and SunX is 0.103% cheaper against Entropy than usual: you would sell low and buy high (−$10 if the spread goes back to its 7-day average of +0.203%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Entropy io:GPRO | 1.3027 | 0.1016 | pay 0.0127% / 1h | 12m 29s | $455K | $30.6M | 5x |
| Short | SunX GPRO-USDT | 1.3040 | 0 | get 0.0000% / 8h | 5h 12m | — | $1.9M | 10x |
Entropy io:GPRO
SunX GPRO-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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
- −$213.42
- Price spread: +0.100% → +0.203%
- −$10.34
- Slippage, 4 orders
- −$514.78
- Fee Entropy: 9 bp × 2 orders
- −$18
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$764.54
- Costs to cover
- 5.408%
- Break-even
- never at this rate
Slippage from Entropy: live order book, 4 min ago; SunX: live order book, 13 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, 4 min ago | 34.87 bp | 124.3 bp −$124 | doesn't fit | doesn't fit | doesn't fit |
| Sell SunX live order book, 13 min ago | 92.03 bp | 158.8 bp −$159 | 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 | +0.169% | $359K | $287K | 25x | as long as short |
| QFEX GPRO-USD | 0.0000% | 1h | 1.3100 | +0.560% | $1.2M | $33K | 10x | as long as short |
| Gate GPRO_USDT | 0.0000% | 8h | 1.3044 | +0.130% | $55K | $133K | 20x | as long as short |
| SunX GPRO-USDTshort | 0.0000% | 8h | 1.3040 | +0.100% | — | $1.9M | 10x | |
| HTX GPRO-USDT | 0.0000% | 8h | 1.3040 | +0.100% | $8K | $219K | 20x | as long as short |
| Bitget GPROUSDT | +0.0170% | 8h | 1.3036 | +0.069% | $398K | $2.6M | 20x | as long as short |
| Entropy io:GPROlong | +0.1016% | 1h | 1.3027 | long leg | $455K | $30.6M | 5x | |
| Variational Omni GPRO | +0.1398% | 8h | 1.3042 | +0.119% | $36K | $31K | — | as long as short |
| Binance GPROUSDT | +0.1425% | 8h | 1.3030 | +0.023% | $900K | $1.8M | 20x | as long as short |
| Aster GPROUSD1 | +0.1715% | 8h | 1.3036 | +0.066% | $7.7M | $15.8M | 20x | as long as short |
Bybit GPROUSDT
QFEX GPRO-USD
Gate 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 | +0.1880% | 8h | 1.3050 | +0.177% | $65K | $1.5M | 20x | as long as short |
| OKX GPRO-USDT-SWAP | +0.1912% | 8h | 1.2970 | −0.438% | $544K | $696K | 10x | as long as short |
KuCoin GPROUSDTM
OKX GPRO-USDT-SWAP