Funding you earn now, next payment 05:00 UTC+0.1314%/8h= +143.9% APRpaid last 24h +0.287%
Price spread now: OKX against QFEX−1.069%54s7-day average −0.191% · 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−$6306.302% of the position
Funding, last 4 days (all we have)+1.065%+$107 on $10k
+Price spread, last 4 days (all we have)+0.941%+$94 · spread now −1.069%, 7d avg −0.191%
=Funding pays, the price is against you. OKX is 0.878% cheaper against QFEX than usual: you would sell low and buy high (spread −1.069% now, against its 7-day average of −0.191%). If the spread goes back, that is −$88 on $10k: about 2.2 days of funding at the current rate (+$39 a day). 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 | QFEX GPRO-USD | 1.3100 | 0 | get 0.0000% / 1h | 48m 43s | $1.2M | $33K | 10x |
| Short | OKX GPRO-USDT-SWAP | 1.2960 | 0.1314 | get 0.1314% / 8h | 3h 48m | $545K | $686K | 10x |
QFEX GPRO-USD
OKX GPRO-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- $275.89
- Price spread: −1.069% → −0.191%
- −$87.78
- Slippage, 4 orders
- −$610.24
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$442.12
- Costs to cover
- 6.302%
- Break-even
- 18.2 days
Slippage from QFEX: live order book, 2 min ago; OKX: live order book, 2 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, 2 min ago | 268.20 bp | 273.2 bp −$273 | 387.1 bp −$3,871 | doesn't fit | doesn't fit |
| Sell OKX live order book, 2 min ago | 7.70 bp | 47.8 bp −$48 | 409.7 bp −$4,097 | 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 | 1.3050 | −0.382% | $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 | 1.3030 | −0.534% | $8K | $214K | 20x | as long as short |
| Bitget GPROUSDT | +0.0076% | 8h | 1.3034 | −0.504% | $399K | $2.6M | 20x | as long as short |
| Binance GPROUSDT | +0.1185% | 8h | 1.3019 | −0.617% | $895K | $1.7M | 20x | as long as short |
| Variational Omni GPRO | +0.1185% | 8h | 1.3023 | −0.590% | $37K | $32K | — | as long as short |
| OKX GPRO-USDT-SWAPshort | +0.1314% | 8h | 1.2960 | −1.069% | $545K | $686K | 10x | |
| Aster GPROUSD1 | +0.1384% | 8h | 1.3010 | −0.686% | $7.7M | $13.6M | 20x | as long as short |
Bybit GPROUSDT
Gate GPRO_USDT
SunX GPRO-USDT
HTX GPRO-USDT
Bitget GPROUSDT
Binance GPROUSDT
Variational Omni GPRO
Aster GPROUSD1Show all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin GPROUSDTM | +0.1452% | 8h | 1.3030 | −0.534% | $64K | $1.4M | 20x | as long as short |
| Entropy io:GPRO | +0.2759% | 1h | 1.3031 | −0.527% | $458K | $30.6M | 5x | as long as short |
KuCoin GPROUSDTM
Entropy io:GPRO