Funding you earn now, next payment 05:00 UTC−0.1440%/8h= −157.7% APRpaid last 24h −0.287%
Price spread now: QFEX against KuCoin+0.614%7-day average +0.009% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$1,139as in the Price arb table
costs, in and out, $10k−$1,19911.994% of the position
Funding, last 4 days (all we have)−1.080%−$108 on $10k
+Price spread, last 7 days−0.382%−$38 · spread now +0.614%, 7d avg +0.009%
=The price spread pays, funding is against you. QFEX is 0.605% dearer against KuCoin than usual: you sell high and buy low (spread +0.614% now, against its 7-day average of +0.009%): +$61 on $10k if it goes back. Holding the pair costs −$43 a day in funding at the current rate, which eats that in about 34 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin GPROUSDTM | 1.3020 | 0.1440 | pay 0.1440% / 8h | 3h 46m | $64K | $1.4M | 20x |
| Short | QFEX GPRO-USD | 1.3100 | 0 | get 0.0000% / 1h | 46m 19s | $1.2M | $33K | 10x |
KuCoin GPROUSDTM
QFEX GPRO-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX 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
- −$302.4
- Price spread: +0.614% → +0.009%
- $60.54
- Slippage, 4 orders
- −$1,177.4
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$1,441.26
- Costs to cover
- 11.994%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 4 min ago; QFEX: live order book, 4 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 | 23.01 bp | 198.1 bp −$198 | doesn't fit | doesn't fit | doesn't fit |
| Sell QFEX live order book, 4 min ago | 268.20 bp | 273.2 bp −$273 | 400.7 bp −$4,007 | 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 | 1.3051 | +0.238% | $359K | $229K | 25x | as long as short |
| QFEX GPRO-USDshort | 0.0000% | 1h | 1.3100 | +0.614% | $1.2M | $33K | 10x | |
| Gate GPRO_USDT | 0.0000% | 8h | 1.3018 | −0.015% | $55K | $130K | 20x | as long as short |
| SunX GPRO-USDT | 0.0000% | 8h | 1.3040 | +0.154% | — | $1.8M | 10x | as long as short |
| HTX GPRO-USDT | 0.0000% | 8h | 1.3020 | 0.000% | $8K | $214K | 20x | as long as short |
| Bitget GPROUSDT | +0.0073% | 8h | 1.3037 | +0.131% | $399K | $2.6M | 20x | as long as short |
| Binance GPROUSDT | +0.1178% | 8h | 1.3010 | −0.077% | $894K | $1.7M | 20x | as long as short |
| Variational Omni GPRO | +0.1185% | 8h | 1.3023 | +0.021% | $37K | $32K | — | as long as short |
| OKX GPRO-USDT-SWAP | +0.1298% | 8h | 1.2960 | −0.461% | $545K | $686K | 10x | as long as short |
| Aster GPROUSD1 | +0.1375% | 8h | 1.3003 | −0.129% | $7.7M | $13.6M | 20x | as long as short |
Bybit GPROUSDT
Gate GPRO_USDT
SunX GPRO-USDT
HTX GPRO-USDT
Bitget GPROUSDT
Binance GPROUSDT
Variational Omni GPRO
OKX GPRO-USDT-SWAP
Aster GPROUSD1Show all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin GPROUSDTMlong | +0.1440% | 8h | 1.3020 | long leg | $64K | $1.4M | 20x | |
| Entropy io:GPRO | +0.2762% | 1h | 1.3028 | +0.061% | $458K | $30.6M | 5x | as long as short |
Entropy io:GPRO