GPRO

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.1151%/8h= −126.0% APRnext payment −$11.51 per $10,000 · paid last 24h −0.234%

Price spread now: Bitget against KuCoin+0.664%7-day average +0.047% · you sell dearer than you buy

Net, funding: paid 7d − costs−$736as in the Funding arb table

Net, price: spread back to 7d avg − costs−$605as in the Price arb table

costs, in and out, $10k−$6676.671% of the position

Long on KuCoin Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days−0.691%−$69 on $10k

Price spread, last 7 days−0.596%−$60 · spread now +0.664%, 7d avg +0.047%

Together, before fees−1.287%−$129 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Bitget is 0.616% dearer against KuCoin than usual: you sell high and buy low (spread +0.664% now, against its 7-day average of +0.047%): +$62 on $10k if it goes back. Holding the pair costs −$35 a day in funding at the current rate, which eats that in about 43 hours. At the pace of the last 7 days (−0.691% in total) that is about 6.2 days.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.691% in total (about -36.0% a year). A funding rate is set anew for every payment; at this rate the next one is about −$11.51 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin GPROUSDTM	1.2960	0.1151	pay 0.1151% / 8h	2h 51m	$64K	$1.3M	20x
Short	Bitget GPROUSDT	1.3046	0	get 0.0000% / 8h	2h 51m	$419K	$2.6M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against KuCoin. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee KuCoinbpFee BitgetbpOrdersPrice spread, now +0.664%Rate

Funding earned: −$241.71
Price spread: +0.664% → +0.047%: $61.62
Slippage, 4 orders: −$643.1
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$847.19
Costs to cover: 6.671%
Break-even: never at this rate

Slippage from KuCoin: live order book, 9 min ago; Bitget: live order book, 1 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 KuCoin live order book, 9 min ago	19.18 bp	243.0 bp −$243	doesn't fit	doesn't fit	doesn't fit
Sell Bitget live order book, 1 min ago	6.13 bp	14.6 bp −$15	38.1 bp −$381	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	1.3095	+1.042%	$360K	$221K	25x	as long as short
QFEX GPRO-USD	0.0000%	1h	1.3100	+1.080%	$1.2M	$31K	10x	as long as short
Gate GPRO_USDT	0.0000%	8h	1.3047	+0.671%	$55K	$130K	20x	as long as short
Bitget GPROUSDTshort	0.0000%	8h	1.3046	+0.664%	$419K	$2.6M	20x
SunX GPRO-USDT	0.0000%	8h	1.3030	+0.540%	—	$1.8M	10x	as long as short
HTX GPRO-USDT	0.0000%	8h	1.3020	+0.463%	$8K	$211K	20x	as long as short
OKX GPRO-USDT-SWAP	+0.0990%	8h	1.2970	+0.077%	$547K	$687K	10x	as long as short
Binance GPROUSDT	+0.1013%	8h	1.3010	+0.386%	$888K	$1.7M	20x	as long as short
Variational Omni GPRO	+0.1047%	8h	1.3013	+0.407%	$37K	$32K	—	as long as short
KuCoin GPROUSDTMlong	+0.1151%	8h	1.2960	long leg	$64K	$1.3M	20x

Show all 12 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster GPROUSD1	+0.1199%	8h	1.3015	+0.425%	$7.7M	$12.8M	20x	as long as short
Entropy io:GPRO	+0.4039%	1h	1.3020	+0.463%	$468K	$30.6M	5x	as long as short