Funding you earn now, next payment 08:00 UTC−0.1323%/8h= −144.8% APRnext payment −$13.23 per $10,000 · paid last 24h −0.287%
Price spread now: SunX against OKX+0.617%7-day average +0.413% · you sell dearer than you buy
Net, funding: paid 7d − costs−$521as in the Funding arb table
Net, price: spread back to 7d avg − costs−$326as in the Price arb table
costs, in and out, $10k−$3473.466% of the position
Funding, last 7 days−1.741%−$174 on $10k
+Price spread, last 4 days (all we have)−0.410%−$41 · spread now +0.617%, 7d avg +0.413%
=The price spread pays, funding is against you. SunX is 0.205% dearer against OKX than usual: you sell high and buy low (spread +0.617% now, against its 7-day average of +0.413%): +$20 on $10k if it goes back. Holding the pair costs −$40 a day in funding at the current rate, which eats that in about 12 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX GPRO-USDT-SWAP | 1.2960 | 0.1323 | pay 0.1323% / 8h | 3h 48m | $546K | $686K | 10x |
| Short | SunX GPRO-USDT | 1.3040 | 0 | get 0.0000% / 8h | 3h 48m | — | $1.8M | 10x |
OKX GPRO-USDT-SWAP
SunX GPRO-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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
- −$277.76
- Price spread: +0.617% → +0.413%
- $20.45
- Slippage, 4 orders
- −$328.62
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$603.93
- Costs to cover
- 3.466%
- Break-even
- never at this rate
Slippage from OKX: live order book, 2 min ago; SunX: 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, 2 min ago | 7.70 bp | 36.0 bp −$36 | 413.3 bp −$4,133 | doesn't fit | doesn't fit |
| Sell SunX live order book, 7 min ago | 49.90 bp | 134.9 bp −$135 | 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 | 1.3051 | +0.702% | $359K | $229K | 25x | as long as short |
| QFEX GPRO-USD | 0.0000% | 1h | 1.3100 | +1.080% | $1.2M | $33K | 10x | as long as short |
| Gate GPRO_USDT | 0.0000% | 8h | 1.3050 | +0.694% | $55K | $130K | 20x | as long as short |
| SunX GPRO-USDTshort | 0.0000% | 8h | 1.3040 | +0.617% | — | $1.8M | 10x | |
| HTX GPRO-USDT | 0.0000% | 8h | 1.3030 | +0.540% | $8K | $214K | 20x | as long as short |
| Bitget GPROUSDT | +0.0078% | 8h | 1.3034 | +0.571% | $399K | $2.6M | 20x | as long as short |
| Variational Omni GPRO | +0.1185% | 8h | 1.3023 | +0.484% | $37K | $32K | — | as long as short |
| Binance GPROUSDT | +0.1188% | 8h | 1.3020 | +0.463% | $895K | $1.7M | 20x | as long as short |
| OKX GPRO-USDT-SWAPlong | +0.1323% | 8h | 1.2960 | long leg | $546K | $686K | 10x | |
| Aster GPROUSD1 | +0.1389% | 8h | 1.3011 | +0.391% | $7.7M | $13.7M | 20x | as long as short |
Bybit GPROUSDT
QFEX GPRO-USD
Gate GPRO_USDT
HTX GPRO-USDT
Bitget GPROUSDT
Variational Omni GPRO
Binance GPROUSDT
Aster GPROUSD1Show all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin GPROUSDTM | +0.1459% | 8h | 1.3030 | +0.540% | $64K | $1.4M | 20x | as long as short |
| Entropy io:GPRO | +0.2777% | 1h | 1.3031 | +0.548% | $458K | $30.6M | 5x | as long as short |
KuCoin GPROUSDTM
Entropy io:GPRO