Funding you earn now, next payment 08:00 UTC−0.1049%/8h= −114.9% APRnext payment −$10.49 per $10,000 · paid last 24h −0.287%
Price spread now: Gate against OKX+0.462%7-day average +0.585% · you sell dearer than you buy
Net, funding: paid 7d − costs−$395as in the Funding arb table
Net, price: spread back to 7d avg − costs−$243as in the Price arb table
costs, in and out, $10k−$2312.310% of the position
Funding, last 7 days−1.641%−$164 on $10k
+Price spread, last 4 days (all we have)−0.332%−$33 · spread now +0.462%, 7d avg +0.585%
=Both sides work against this trade now: funding costs −$31 a day on $10k at the current rate, and Gate is 0.122% cheaper against OKX than usual: you would sell low and buy high (−$12 if the spread goes back to its 7-day average of +0.585%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX GPRO-USDT-SWAP | 1.2980 | 0.1049 | pay 0.1049% / 8h | 2h 59m | $548K | $688K | 10x |
| Short | Gate GPRO_USDT | 1.3040 | 0 | get 0.0000% / 8h | 2h 59m | $55K | $130K | 20x |
OKX GPRO-USDT-SWAP
Gate GPRO_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against OKX. 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
- −$220.39
- Price spread: +0.462% → +0.585%
- −$12.24
- Slippage, 4 orders
- −$206.02
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$463.65
- Costs to cover
- 2.310%
- Break-even
- never at this rate
Slippage from OKX: live order book, 51 min ago; Gate: live order book, 46 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 OKX live order book, 51 min ago | 7.70 bp | 36.0 bp −$36 | 413.3 bp −$4,133 | doesn't fit | doesn't fit |
| Sell Gate live order book, 46 min ago | 15.33 bp | 96.5 bp −$97 | 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 | 1.3076 | +0.740% | $360K | $223K | 25x | as long as short |
| QFEX GPRO-USD | 0.0000% | 1h | 1.3100 | +0.924% | $1.2M | $31K | 10x | as long as short |
| Gate GPRO_USDTshort | 0.0000% | 8h | 1.3040 | +0.462% | $55K | $130K | 20x | |
| Bitget GPROUSDT | 0.0000% | 8h | 1.3037 | +0.439% | $398K | $2.5M | 20x | as long as short |
| SunX GPRO-USDT | 0.0000% | 8h | 1.3030 | +0.385% | — | $1.8M | 10x | as long as short |
| HTX GPRO-USDT | 0.0000% | 8h | 1.3040 | +0.462% | $8K | $213K | 20x | as long as short |
| OKX GPRO-USDT-SWAPlong | +0.1049% | 8h | 1.2980 | long leg | $548K | $688K | 10x | |
| Binance GPROUSDT | +0.1062% | 8h | 1.3020 | +0.308% | $890K | $1.7M | 20x | as long as short |
| Variational Omni GPRO | +0.1074% | 8h | 1.3023 | +0.329% | $37K | $32K | — | as long as short |
| KuCoin GPROUSDTM | +0.1204% | 8h | 1.3030 | +0.385% | $64K | $1.4M | 20x | as long as short |
Bybit GPROUSDT
QFEX GPRO-USD
Bitget GPROUSDT
SunX GPRO-USDT
HTX GPRO-USDT
Binance GPROUSDT
Variational Omni GPRO
KuCoin GPROUSDTMShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster GPROUSD1 | +0.1251% | 8h | 1.3022 | +0.324% | $7.7M | $13.0M | 20x | as long as short |
| Entropy io:GPRO | +0.3303% | 1h | 1.3044 | +0.493% | $459K | $30.6M | 5x | as long as short |
Aster GPROUSD1
Entropy io:GPRO