Funding you earn now, next payment 01:00 UTC−0.0228%/8h= −25.0% APRpaid last 24h −0.287%
Price spread now: QFEX against OKX+0.769%54s7-day average +0.158% · 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—prices read too far apart to compare
costs, in and out, $10k−$1771.773% of the position
Funding, last 3 days (all we have)−1.055%−$105 on $10k
+Price spread, last 4 days (all we have)−0.635%−$63 · spread now +0.769%, 7d avg +0.158%
=The price spread pays, funding is against you. QFEX is 0.611% dearer against OKX than usual: you sell high and buy low (spread +0.769% now, against its 7-day average of +0.158%): +$61 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 8.9 days. At the pace of the last 3 days (−1.055% in total) that is about 48 hours. The two prices were read 54 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX GPRO-USDT-SWAP | 1.3000 | 0.0228 | pay 0.0228% / 8h | 7h 53m | $537K | $704K | 10x |
| Short | QFEX GPRO-USD | 1.3100 | 0 | get 0.0000% / 1h | 53m 40s | $1.2M | $35K | 10x |
OKX GPRO-USDT-SWAP
QFEX GPRO-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX 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
- −$47.97
- Price spread: +0.769% → +0.158%
- $61.09
- Slippage, 4 orders
- −$157.26
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$164.14
- Costs to cover
- 1.773%
- Break-even
- never at this rate
Slippage from OKX: live order book, 17 min ago; QFEX: live order book, 7 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, 17 min ago | 3.86 bp | 45.4 bp −$45 | 372.4 bp −$3,724 | doesn't fit | doesn't fit |
| Sell QFEX live order book, 7 min ago | 38.61 bp | 43.6 bp −$44 | 139.1 bp −$1,391 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni GPRO | −0.0229% | 8h | 1.3053 | +0.410% | $36K | $31K | — | as long as short |
| Binance GPROUSDT | −0.0089% | 8h | 1.3060 | +0.462% | $901K | $1.9M | 20x | as long as short |
| Aster GPROUSD1 | −0.0077% | 8h | 1.3062 | +0.474% | $7.7M | $19.3M | 20x | as long as short |
| Bybit GPROUSDT | 0.0000% | 8h | 1.3081 | +0.623% | $355K | $308K | 25x | as long as short |
| QFEX GPRO-USDshort | 0.0000% | 1h | 1.3100 | +0.769% | $1.2M | $35K | 10x | |
| Gate GPRO_USDT | 0.0000% | 8h | 1.3069 | +0.531% | $58K | $132K | 20x | as long as short |
| Bitget GPROUSDT | 0.0000% | 8h | 1.3066 | +0.508% | $420K | $2.9M | 20x | as long as short |
| HTX GPRO-USDT | 0.0000% | 8h | 1.3070 | +0.538% | $8K | $232K | 20x | as long as short |
| KuCoin GPROUSDTM | +0.0125% | 8h | 1.3060 | +0.462% | $66K | $1.8M | 20x | as long as short |
| SunX GPRO-USDT | +0.0178% | 8h | 1.3070 | +0.538% | — | $2.0M | 10x | as long as short |
Variational Omni GPRO
Binance GPROUSDT
Aster GPROUSD1
Bybit GPROUSDT
Gate GPRO_USDT
Bitget GPROUSDT
HTX GPRO-USDT
KuCoin GPROUSDTM
SunX GPRO-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX GPRO-USDT-SWAPlong | +0.0228% | 8h | 1.3000 | long leg | $537K | $704K | 10x | |
| Entropy io:GPRO | +0.3656% | 1h | 1.3011 | +0.085% | $464K | $30.6M | 5x | as long as short |
Entropy io:GPRO