Funding you earn now, next payment 08:00 UTC−0.0542%/8h= −59.3% APRnext payment −$5.42 per $10,000 · paid last 24h −0.287%
Price spread now: SunX against KuCoin−0.077%7-day average +0.011% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,232as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,106as in the Price arb table
costs, in and out, $10k−$1,09710.972% of the position
Funding, last 7 days−1.351%−$135 on $10k
+Price spread, last 4 days (all we have)−0.024%−$2 · spread now −0.077%, 7d avg +0.011%
=Both sides work against this trade now: funding costs −$16 a day on $10k at the current rate, and SunX is 0.088% cheaper against KuCoin than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of +0.011%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin GPROUSDTM | 1.3040 | 0.0542 | pay 0.0542% / 8h | 49m 46s | $64K | $1.2M | 20x |
| Short | SunX GPRO-USDT | 1.3030 | 0 | get 0.0000% / 8h | 49m 46s | — | $1.7M | 10x |
KuCoin GPROUSDTM
SunX GPRO-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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
- −$113.82
- Price spread: −0.077% → +0.011%
- −$8.76
- Slippage, 4 orders
- −$1,077.17
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$1,219.75
- Costs to cover
- 10.972%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 5 min ago; SunX: live order book, 6 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, 5 min ago | 19.16 bp | 266.5 bp −$267 | doesn't fit | doesn't fit | doesn't fit |
| Sell SunX live order book, 6 min ago | 92.17 bp | 186.8 bp −$187 | 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_USDT | 0.0000% | 8h | 1.3004 | −0.276% | $54K | $130K | 20x | as long as short |
| Bitget GPROUSDT | 0.0000% | 8h | 1.3034 | −0.046% | $421K | $2.7M | 20x | as long as short |
| SunX GPRO-USDTshort | 0.0000% | 8h | 1.3030 | −0.077% | — | $1.7M | 10x | |
| HTX GPRO-USDT | 0.0000% | 8h | 1.3030 | −0.077% | $8K | $206K | 20x | as long as short |
| Binance GPROUSDT | +0.0409% | 8h | 1.3030 | −0.076% | $872K | $1.7M | 20x | as long as short |
| Variational Omni GPRO | +0.0429% | 8h | 1.3027 | −0.096% | $37K | $30K | — | as long as short |
| OKX GPRO-USDT-SWAP | +0.0523% | 8h | 1.2960 | −0.613% | $546K | $686K | 10x | as long as short |
| Entropy io:GPRO | +0.0529% | 1h | 1.3023 | −0.130% | $483K | $30.6M | 5x | as long as short |
Bybit GPROUSDT
QFEX GPRO-USD
Gate GPRO_USDT
Bitget GPROUSDT
HTX GPRO-USDT
Binance GPROUSDT
Variational Omni GPRO
OKX GPRO-USDT-SWAP
Entropy io:GPROShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin GPROUSDTMlong | +0.0542% | 8h | 1.3040 | long leg | $64K | $1.2M | 20x | |
| Aster GPROUSD1 | +0.0543% | 8h | 1.3027 | −0.100% | $7.7M | $19.1M | 20x | as long as short |
Aster GPROUSD1