Settings8H · net · $10k
Funding arb · Price arb /

GPRO

RWAall GPRO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0265%/8h= +29.0% APRpaid last 24h +0.053%
Price spread now: Bitget against QFEX+1.047%56s7-day average +0.027% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1151.147% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.341%+$34 on $10k
Price spread, last 7 days−1.201%−$120 · spread now +1.047%, 7d avg +0.027%
Together, before fees−0.860%−$86 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and Bitget is 1.019% dearer against QFEX than usual: you sell high and buy low: +$102 more if the spread goes back to its 7-day average of +0.027%. The two prices were read 56 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongQFEX GPRO-USD1.29000get 0.0000% / 1h18m 46s$1.2M$33K10x
ShortBitget GPROUSDT1.30350.0265get 0.0265% / 8h6h 18m$411K$2.7M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against QFEX. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$55.65
Price spread: +1.047% → +0.027%
$101.92
Slippage, 4 orders
−$92.75
Fee QFEX: 5 bp × 2 orders
−$10
Fee Bitget: 6 bp × 2 orders
−$12
Net
$42.82
Costs to cover
1.147%
Break-even
1.6 days
Slippage from QFEX: live order book, 2 min ago; Bitget: live order book, 4 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy QFEX live order book, 2 min ago38.61 bp43.6 bp −$44142.9 bp −$1,429doesn't fitdoesn't fit
Sell Bitget live order book, 4 min ago5.75 bp13.6 bp −$1420.8 bp −$208102.3 bp −$10.2Kdoesn't fit

GPRO on 12 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit GPROUSDT0.0000%8h1.3042+1.101%$353K$298K25xas long as short
QFEX GPRO-USDlong0.0000%1h1.2900long leg$1.2M$33K10x
Gate GPRO_USDT0.0000%8h1.3012+0.868%$57K$132K20xas long as short
SunX GPRO-USDT0.0000%8h1.3030+1.008%$2.0M10xas long as short
HTX GPRO-USDT0.0000%8h1.3040+1.085%$8K$222K20xas long as short
Bitget GPROUSDTshort+0.0265%8h1.3035+1.047%$411K$2.7M20x
Variational Omni GPRO+0.1220%8h1.3028+0.989%$36K$31Kas long as short
Binance GPROUSDT+0.1257%8h1.3030+1.006%$896K$1.9M20xas long as short
Aster GPROUSD1+0.1449%8h1.3043+1.111%$7.7M$17.7M20xas long as short
Entropy io:GPRO+0.1817%1h1.3012+0.868%$454K$30.6M5xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin GPROUSDTM+0.2022%8h1.3040+1.085%$65K$1.7M20xas long as short
OKX GPRO-USDT-SWAP+0.2241%8h1.2960+0.465%$534K$700K10xas long as short