Funding you earn now, next payment 05:00 UTC+0.1433%/8h= +156.9% APRpaid last 24h +0.287%
Price spread now: KuCoin against QFEX−0.611%56s7-day average −0.009% · you buy dearer than you sell
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−$1,19911.994% of the position
Funding, last 4 days (all we have)+1.080%+$108 on $10k
+Price spread, last 7 days+0.379%+$38 · spread now −0.611%, 7d avg −0.009%
=Funding pays, the price is against you. KuCoin is 0.602% cheaper against QFEX than usual: you would sell low and buy high (spread −0.611% now, against its 7-day average of −0.009%). If the spread goes back, that is −$60 on $10k: about 34 hours of funding at the current rate (+$43 a day). The two prices were read 56 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 | QFEX GPRO-USD | 1.3100 | 0 | get 0.0000% / 1h | 45m 38s | $1.2M | $33K | 10x |
| Short | KuCoin GPROUSDTM | 1.3020 | 0.1433 | get 0.1433% / 8h | 3h 45m | $64K | $1.4M | 20x |
QFEX GPRO-USD
KuCoin GPROUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against QFEX. 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
- $300.93
- Price spread: −0.611% → −0.009%
- −$60.16
- Slippage, 4 orders
- −$1,177.4
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$958.63
- Costs to cover
- 11.994%
- Break-even
- 29.3 days
Slippage from QFEX: live order book, 5 min ago; KuCoin: live order book, 5 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 QFEX live order book, 5 min ago | 268.20 bp | 273.2 bp −$273 | 387.1 bp −$3,871 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 5 min ago | 23.01 bp | 454.9 bp −$455 | 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 | −0.374% | $359K | $229K | 25x | as long as short |
| QFEX GPRO-USDlong | 0.0000% | 1h | 1.3100 | long leg | $1.2M | $33K | 10x | |
| Gate GPRO_USDT | 0.0000% | 8h | 1.3018 | −0.626% | $55K | $130K | 20x | as long as short |
| SunX GPRO-USDT | 0.0000% | 8h | 1.3040 | −0.458% | — | $1.8M | 10x | as long as short |
| HTX GPRO-USDT | 0.0000% | 8h | 1.3020 | −0.611% | $8K | $214K | 20x | as long as short |
| Bitget GPROUSDT | +0.0072% | 8h | 1.3037 | −0.481% | $399K | $2.6M | 20x | as long as short |
| Variational Omni GPRO | +0.1169% | 8h | 1.3018 | −0.628% | $37K | $32K | — | as long as short |
| Binance GPROUSDT | +0.1174% | 8h | 1.3027 | −0.558% | $895K | $1.7M | 20x | as long as short |
| OKX GPRO-USDT-SWAP | +0.1298% | 8h | 1.2960 | −1.069% | $545K | $686K | 10x | as long as short |
| Aster GPROUSD1 | +0.1371% | 8h | 1.3012 | −0.670% | $7.7M | $13.6M | 20x | as long as short |
Bybit GPROUSDT
Gate GPRO_USDT
SunX GPRO-USDT
HTX GPRO-USDT
Bitget GPROUSDT
Variational Omni GPRO
Binance GPROUSDT
OKX GPRO-USDT-SWAP
Aster GPROUSD1Show all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin GPROUSDTMshort | +0.1433% | 8h | 1.3020 | −0.611% | $64K | $1.4M | 20x | |
| Entropy io:GPRO | +0.2767% | 1h | 1.3034 | −0.504% | $459K | $30.6M | 5x | as long as short |
Entropy io:GPRO