Funding you earn now, next payment 08:00 UTC+0.0781%/8h= +85.5% APRnext payment +$7.81 per $10,000 · paid last 24h +0.287%
Price spread now: OKX against Gate−0.443%7-day average −0.583% · you buy dearer than you sell
Net, funding: paid 7d − costs−$145as in the Funding arb table
Net, price: spread back to 7d avg − costs−$295as in the Price arb table
costs, in and out, $10k−$3093.088% of the position
Funding, last 7 days+1.641%+$164 on $10k
+Price spread, last 4 days (all we have)+0.213%+$21 · spread now −0.443%, 7d avg −0.583%
=Both sides work for this trade now. Funding pays +$23 a day on $10k at the current rate, and OKX is 0.140% dearer against Gate than usual: you sell high and buy low: +$14 more if the spread goes back to its 7-day average of −0.583%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate GPRO_USDT | 1.3078 | 0 | get 0.0000% / 8h | 7h 37m | $58K | $132K | 20x |
| Short | OKX GPRO-USDT-SWAP | 1.3020 | 0.0781 | get 0.0781% / 8h | 7h 37m | $537K | $704K | 10x |
Gate GPRO_USDT
OKX GPRO-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- $164.03
- Price spread: −0.443% → −0.583%
- $13.96
- Slippage, 4 orders
- −$283.84
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$130.85
- Costs to cover
- 3.088%
- Break-even
- 12.6 days
Slippage from Gate: live order book, 28 min ago; OKX: live order book, 34 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, 28 min ago | 22.66 bp | 92.4 bp −$92 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 34 min ago | 3.86 bp | 44.7 bp −$45 | 377.5 bp −$3,775 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster GPROUSD1 | 0.0000% | 8h | 1.3079 | +0.011% | $7.7M | $19.3M | 20x | as long as short |
| Binance GPROUSDT | 0.0000% | 8h | 1.3080 | +0.015% | $908K | $1.9M | 20x | as long as short |
| Bybit GPROUSDT | 0.0000% | 8h | 1.3089 | +0.084% | $355K | $306K | 25x | as long as short |
| QFEX GPRO-USD | 0.0000% | 1h | 1.3100 | +0.168% | $1.2M | $35K | 10x | as long as short |
| Gate GPRO_USDTlong | 0.0000% | 8h | 1.3078 | long leg | $58K | $132K | 20x | |
| Variational Omni GPRO | 0.0000% | 8h | 1.3083 | +0.038% | $36K | $31K | — | as long as short |
| HTX GPRO-USDT | 0.0000% | 8h | 1.3080 | +0.015% | $8K | $231K | 20x | as long as short |
| Bitget GPROUSDT | +0.0238% | 8h | 1.3079 | +0.008% | $420K | $2.8M | 20x | as long as short |
| KuCoin GPROUSDTM | +0.0709% | 8h | 1.3070 | −0.061% | $65K | $1.8M | 20x | as long as short |
| OKX GPRO-USDT-SWAPshort | +0.0781% | 8h | 1.3020 | −0.443% | $537K | $704K | 10x |
Aster GPROUSD1
Binance GPROUSDT
Bybit GPROUSDT
QFEX GPRO-USD
Variational Omni GPRO
HTX GPRO-USDT
Bitget GPROUSDT
KuCoin GPROUSDTMShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX GPRO-USDT | +0.2199% | 8h | 1.3090 | +0.092% | — | $2.0M | 10x | as long as short |
| Entropy io:GPRO | +0.4264% | 1h | 1.3014 | −0.489% | $464K | $30.6M | 5x | as long as short |
SunX GPRO-USDT
Entropy io:GPRO