Funding you earn now, next payment 08:00 UTC+0.1118%/8h= +122.4% APRnext payment +$11.18 per $10,000 · paid last 24h +0.287%
Price spread now: KuCoin against Gate−0.391%7-day average −0.195% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,047as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,192as in the Price arb table
costs, in and out, $10k−$1,17211.725% of the position
Funding, last 7 days+1.251%+$125 on $10k
+Price spread, last 4 days (all we have)+0.353%+$35 · spread now −0.391%, 7d avg −0.195%
=Funding pays, the price is against you. KuCoin is 0.197% cheaper against Gate than usual: you would sell low and buy high (spread −0.391% now, against its 7-day average of −0.195%). If the spread goes back, that is −$20 on $10k: about 14 hours of funding at the current rate (+$34 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate GPRO_USDT | 1.3031 | 0 | get 0.0000% / 8h | 2h 31m | $55K | $130K | 20x |
| Short | KuCoin GPROUSDTM | 1.2980 | 0.1118 | get 0.1118% / 8h | 2h 31m | $64K | $1.3M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $234.78
- Price spread: −0.391% → −0.195%
- −$19.65
- Slippage, 4 orders
- −$1,145.48
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$957.36
- Costs to cover
- 11.725%
- Break-even
- 35.5 days
Slippage from Gate: live order book, 9 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 Gate live order book, 9 min ago | 41.06 bp | 81.8 bp −$82 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 9 min ago | 26.87 bp | 534.2 bp −$534 | 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 | 1.3082 | +0.391% | $363K | $225K | 25x | as long as short |
| QFEX GPRO-USD | 0.0000% | 1h | 1.3100 | +0.530% | $1.2M | $31K | 10x | as long as short |
| Gate GPRO_USDTlong | 0.0000% | 8h | 1.3031 | long leg | $55K | $130K | 20x | |
| Bitget GPROUSDT | 0.0000% | 8h | 1.3024 | −0.054% | $398K | $2.6M | 20x | as long as short |
| SunX GPRO-USDT | 0.0000% | 8h | 1.3020 | −0.084% | — | $1.8M | 10x | as long as short |
| HTX GPRO-USDT | 0.0000% | 8h | 1.3020 | −0.084% | $8K | $210K | 20x | as long as short |
| OKX GPRO-USDT-SWAP | +0.0954% | 8h | 1.2980 | −0.391% | $546K | $698K | 10x | as long as short |
| Binance GPROUSDT | +0.1018% | 8h | 1.3000 | −0.238% | $884K | $1.7M | 20x | as long as short |
| Variational Omni GPRO | +0.1065% | 8h | 1.3018 | −0.100% | $37K | $32K | — | as long as short |
| KuCoin GPROUSDTMshort | +0.1118% | 8h | 1.2980 | −0.391% | $64K | $1.3M | 20x |
Show all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster GPROUSD1 | +0.1214% | 8h | 1.3015 | −0.126% | $7.7M | $12.9M | 20x | as long as short |
| Entropy io:GPRO | +0.2415% | 1h | 1.3003 | −0.215% | $469K | $30.6M | 5x | as long as short |
Gate GPRO_USDT
KuCoin GPROUSDTM
Bybit GPROUSDT
Bitget GPROUSDT
SunX GPRO-USDT
HTX GPRO-USDT
OKX GPRO-USDT-SWAP
Binance GPROUSDT
Variational Omni GPRO
Aster GPROUSD1