Funding you earn now, next payment 08:00 UTC+0.0216%/8h= +23.7% APRnext payment +$2.16 per $10,000 · paid last 24h +0.053%
Price spread now: Bitget against Gate−0.107%7-day average −0.196% · you buy dearer than you sell
Net, funding: paid 7d − costs−$118as in the Funding arb table
Net, price: spread back to 7d avg − costs−$165as in the Price arb table
costs, in and out, $10k−$1741.741% of the position
Funding, last 7 days+0.560%+$56 on $10k
+Price spread, last 4 days (all we have)+0.169%+$17 · spread now −0.107%, 7d avg −0.196%
=Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Bitget is 0.088% dearer against Gate than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of −0.196%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate GPRO_USDT | 1.3029 | 0 | get 0.0000% / 8h | 5h 42m | $56K | $133K | 20x |
| Short | Bitget GPROUSDT | 1.3015 | 0.0216 | get 0.0216% / 8h | 5h 42m | $406K | $2.6M | 20x |
Gate GPRO_USDT
Bitget GPROUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Gate. 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
- $45.36
- Price spread: −0.107% → −0.196%
- $8.84
- Slippage, 4 orders
- −$147.05
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$119.85
- Costs to cover
- 1.741%
- Break-even
- 25.5 days
Slippage from Gate: live order book, 13 min ago; Bitget: live order book, 5 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 Gate live order book, 13 min ago | 10.33 bp | 52.4 bp −$52 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 5 min ago | 1.92 bp | 10.2 bp −$10 | 22.9 bp −$229 | 119.0 bp −$11.9K | 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 | 1.3037 | +0.061% | $359K | $292K | 25x | as long as short |
| QFEX GPRO-USD | 0.0000% | 1h | 1.3000 | −0.223% | $1.2M | $33K | 10x | as long as short |
| Gate GPRO_USDTlong | 0.0000% | 8h | 1.3029 | long leg | $56K | $133K | 20x | |
| SunX GPRO-USDT | 0.0000% | 8h | 1.3010 | −0.146% | — | $1.9M | 10x | as long as short |
| HTX GPRO-USDT | 0.0000% | 8h | 1.3030 | +0.008% | $8K | $219K | 20x | as long as short |
| Bitget GPROUSDTshort | +0.0216% | 8h | 1.3015 | −0.107% | $406K | $2.6M | 20x | |
| Entropy io:GPRO | +0.0229% | 1h | 1.3034 | +0.038% | $456K | $30.6M | 5x | as long as short |
| Binance GPROUSDT | +0.1424% | 8h | 1.2997 | −0.242% | $898K | $1.8M | 20x | as long as short |
| Variational Omni GPRO | +0.1431% | 8h | 1.3013 | −0.125% | $36K | $31K | — | as long as short |
| Aster GPROUSD1 | +0.1717% | 8h | 1.3036 | +0.050% | $7.7M | $17.0M | 20x | as long as short |
Bybit GPROUSDT
QFEX GPRO-USD
SunX GPRO-USDT
HTX GPRO-USDT
Entropy io:GPRO
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 | +0.2030% | 8h | 1.2980 | −0.376% | $64K | $1.6M | 20x | as long as short |
| OKX GPRO-USDT-SWAP | +0.2171% | 8h | 1.2940 | −0.683% | $538K | $689K | 10x | as long as short |
KuCoin GPROUSDTM
OKX GPRO-USDT-SWAP