Funding you earn now, next payment 08:00 UTC−0.0313%/8h= −34.3% APRnext payment −$3.13 per $10,000 · paid last 24h −0.287%
Price spread now: Gate against KuCoin−0.276%7-day average +0.192% · you buy dearer than you sell
Net, funding: paid 7d − costs−$787as in the Funding arb table
Net, price: spread back to 7d avg − costs−$708as in the Price arb table
costs, in and out, $10k−$6616.614% of the position
Funding, last 7 days−1.251%−$125 on $10k
+Price spread, last 4 days (all we have)+0.344%+$34 · spread now −0.276%, 7d avg +0.192%
=Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and Gate is 0.468% cheaper against KuCoin than usual: you would sell low and buy high (−$47 if the spread goes back to its 7-day average of +0.192%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin GPROUSDTM | 1.3040 | 0.0313 | pay 0.0313% / 8h | 20m 50s | $64K | $1.1M | 20x |
| Short | Gate GPRO_USDT | 1.3004 | 0 | get 0.0000% / 8h | 20m 50s | $54K | $130K | 20x |
KuCoin GPROUSDTM
Gate GPRO_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against KuCoin. 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
- −$65.73
- Price spread: −0.276% → +0.192%
- −$46.81
- Slippage, 4 orders
- −$634.43
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$773.97
- Costs to cover
- 6.614%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 4 min ago; Gate: 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 KuCoin live order book, 4 min ago | 7.68 bp | 211.7 bp −$212 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 9 min ago | 30.29 bp | 82.3 bp −$82 | 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 | 1.3056 | +0.123% | $361K | $224K | 25x | as long as short |
| QFEX GPRO-USD | 0.0000% | 1h | 1.3100 | +0.460% | $1.2M | $31K | 10x | as long as short |
| Gate GPRO_USDTshort | 0.0000% | 8h | 1.3004 | −0.276% | $54K | $130K | 20x | |
| Bitget GPROUSDT | 0.0000% | 8h | 1.3042 | +0.015% | $421K | $2.7M | 20x | as long as short |
| SunX GPRO-USDT | 0.0000% | 8h | 1.3050 | +0.077% | — | $1.7M | 10x | as long as short |
| HTX GPRO-USDT | 0.0000% | 8h | 1.3030 | −0.077% | $8K | $208K | 20x | as long as short |
| Entropy io:GPRO | +0.0182% | 1h | 1.3023 | −0.130% | $483K | $30.6M | 5x | as long as short |
| Binance GPROUSDT | +0.0206% | 8h | 1.3030 | −0.077% | $872K | $1.7M | 20x | as long as short |
| Variational Omni GPRO | +0.0240% | 8h | 1.3038 | −0.018% | $37K | $30K | — | as long as short |
| OKX GPRO-USDT-SWAP | +0.0270% | 8h | 1.2970 | −0.537% | $546K | $684K | 10x | as long as short |
Bybit GPROUSDT
QFEX GPRO-USD
Bitget GPROUSDT
SunX GPRO-USDT
HTX GPRO-USDT
Entropy io:GPRO
Binance GPROUSDT
Variational Omni GPRO
OKX GPRO-USDT-SWAPShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin GPROUSDTMlong | +0.0313% | 8h | 1.3040 | long leg | $64K | $1.1M | 20x | |
| Aster GPROUSD1 | +0.0344% | 8h | 1.3012 | −0.217% | $7.7M | $19.1M | 20x | as long as short |
Aster GPROUSD1