Funding you earn now, next payment 07:00 UTC+0.3276%/8h= +358.8% APRpaid last 24h +0.398%
Price spread now: Entropy against Gate−0.300%7-day average −0.375% · you buy dearer than you sell
Net, funding: paid 7d − costs−$75as in the Funding arb table
Net, price: spread back to 7d avg − costs−$305as in the Price arb table
costs, in and out, $10k−$3133.128% of the position
Funding, last 7 days+2.378%+$238 on $10k
+Price spread, last 4 days (all we have)+0.090%+$9 · spread now −0.300%, 7d avg −0.375%
=Both sides work for this trade now. Funding pays +$98 a day on $10k at the current rate, and Entropy is 0.075% dearer against Gate than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of −0.375%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate GPRO_USDT | 1.3001 | 0 | get 0.0000% / 8h | 1h 58m | $54K | $130K | 20x |
| Short | Entropy io:GPRO | 1.2962 | 0.3276 | get 0.0410% / 1h | 58m 19s | $468K | $30.6M | 5x |
Gate GPRO_USDT
Entropy io:GPROFunding history
latest
Range statsloading…
Price spread between the two exchanges
Entropy 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
- $688.03
- Price spread: −0.300% → −0.375%
- $7.5
- Slippage, 4 orders
- −$279.78
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Entropy: 9 bp × 2 orders
- −$18
- Net
- $382.75
- Costs to cover
- 3.128%
- Break-even
- 3.1 days
Slippage from Gate: live order book, 42 min ago; Entropy: live order book, 7 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, 42 min ago | 41.06 bp | 81.8 bp −$82 | doesn't fit | doesn't fit | doesn't fit |
| Sell Entropy live order book, 7 min ago | 14.22 bp | 74.6 bp −$75 | 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 | 1.3034 | +0.254% | $361K | $226K | 25x | as long as short |
| QFEX GPRO-USD | 0.0000% | 1h | 1.3100 | +0.761% | $1.2M | $31K | 10x | as long as short |
| Gate GPRO_USDTlong | 0.0000% | 8h | 1.3001 | long leg | $54K | $130K | 20x | |
| Bitget GPROUSDT | 0.0000% | 8h | 1.3001 | 0.000% | $424K | $2.6M | 20x | as long as short |
| SunX GPRO-USDT | 0.0000% | 8h | 1.2980 | −0.162% | — | $1.8M | 10x | as long as short |
| HTX GPRO-USDT | 0.0000% | 8h | 1.2980 | −0.162% | $8K | $209K | 20x | as long as short |
| Binance GPROUSDT | +0.0922% | 8h | 1.2970 | −0.238% | $879K | $1.7M | 20x | as long as short |
| Variational Omni GPRO | +0.0929% | 8h | 1.2978 | −0.180% | $37K | $33K | — | as long as short |
| KuCoin GPROUSDTM | +0.0996% | 8h | 1.2990 | −0.085% | $64K | $1.3M | 20x | as long as short |
| OKX GPRO-USDT-SWAP | +0.1002% | 8h | 1.2960 | −0.315% | $546K | $697K | 10x | as long as short |
Bybit GPROUSDT
QFEX GPRO-USD
Bitget GPROUSDT
SunX GPRO-USDT
HTX GPRO-USDT
Binance GPROUSDT
Variational Omni GPRO
KuCoin GPROUSDTM
OKX GPRO-USDT-SWAPShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster GPROUSD1 | +0.1118% | 8h | 1.2985 | −0.122% | $7.7M | $14.9M | 20x | as long as short |
| Entropy io:GPROshort | +0.3276% | 1h | 1.2962 | −0.300% | $468K | $30.6M | 5x |
Aster GPROUSD1