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

GPRO

RWAall GPRO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.064%
Price spread now: Bybit against QFEX+1.101%53s7-day average +0.307% · 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−$3963.964% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.296%+$30 on $10k
Price spread, last 4 days (all we have)−1.084%−$108 · spread now +1.101%, 7d avg +0.307%
Together, before fees−0.788%−$79 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.794% dearer against QFEX than usual: you sell high and buy low, +$79 on $10k if it goes back to its 7-day average of +0.307%. The two prices were read 53 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 44s$1.2M$33K10x
ShortBybit GPROUSDT1.30420get 0.0000% / 8h6h 18m$353K$298K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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
$0
Price spread: +1.101% → +0.307%
$79.4
Slippage, 4 orders
−$375.4
Fee QFEX: 5 bp × 2 orders
−$10
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$317
Costs to cover
3.964%
Break-even
never at this rate
Slippage from QFEX: live order book, 2 min ago; Bybit: live order book, 41 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 Bybit live order book, 41 min ago4.59 bp147.3 bp −$147doesn't fitdoesn't fitdoesn'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 GPROUSDTshort0.0000%8h1.3042+1.101%$353K$298K25x
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 GPROUSDT+0.0265%8h1.3035+1.047%$411K$2.7M20xas long as short
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