GPRO

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.1273%/8h= +139.4% APRnext payment +$12.73 per $10,000 · paid last 24h +0.109%

Price spread now: Binance against SunX−0.153%56s7-day average −0.075% · you buy dearer than you sell

Net, funding: paid 7d − costs−$354as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$3883.883% of the position

Long on SunX Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.346%+$35 on $10k

Price spread, last 4 days (all we have)−0.191%−$19 · spread now −0.153%, 7d avg −0.075%

Together, before fees+0.155%+$15 on $10k · with fees, hour by hour

Funding pays, the price is against you. Binance is 0.078% cheaper against SunX than usual: you would sell low and buy high (spread −0.153% now, against its 7-day average of −0.075%). If the spread goes back, that is −$8 on $10k: about 5 hours of funding at the current rate (+$38 a day). At the pace of the last 7 days (+0.346% in total) that is about 38 hours. The two prices were read 56 seconds apart, so part of this spread may be the market moving, not a spread.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.346% in total (about 18.0% a year). A funding rate is set anew for every payment; at this rate the next one is about +$12.73 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX GPRO-USDT	1.3040	0	get 0.0000% / 8h	4h 26m	—	$1.8M	10x
Short	Binance GPROUSDT	1.3020	0.1273	get 0.1273% / 8h	4h 26m	$896K	$1.8M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against SunX. 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

Position, each leg$Hold fordaysFee SunXbpFee BinancebpOrdersPrice spread, now −0.153%Rate

Funding earned: $267.35
Price spread: −0.153% → −0.075%: −$7.82
Slippage, 4 orders: −$370.28
Fee SunX: 4 bp × 2 orders: −$8
Fee Binance: 5 bp × 2 orders: −$10
Net: −$128.74
Costs to cover: 3.883%
Break-even: 10.4 days

Slippage from SunX: live order book, 10 min ago; Binance: 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 SunX live order book, 10 min ago	92.17 bp	161.4 bp −$161	doesn't fit	doesn't fit	doesn't fit
Sell Binance live order book, 7 min ago	7.68 bp	40.6 bp −$41	213.4 bp −$2,134	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
QFEX GPRO-USD	−0.0018%	1h	1.3100	+0.460%	$1.2M	$33K	10x	as long as short
Bybit GPROUSDT	0.0000%	8h	1.3071	+0.238%	$360K	$243K	25x	as long as short
Gate GPRO_USDT	0.0000%	8h	1.3018	−0.169%	$55K	$130K	20x	as long as short
SunX GPRO-USDTlong	0.0000%	8h	1.3040	long leg	—	$1.8M	10x
HTX GPRO-USDT	0.0000%	8h	1.3030	−0.077%	$8K	$216K	20x	as long as short
Bitget GPROUSDT	+0.0132%	8h	1.3035	−0.038%	$398K	$2.6M	20x	as long as short
Entropy io:GPRO	+0.1041%	1h	1.3024	−0.123%	$457K	$30.6M	5x	as long as short
Binance GPROUSDTshort	+0.1273%	8h	1.3020	−0.153%	$896K	$1.8M	20x
Variational Omni GPRO	+0.1284%	8h	1.3023	−0.133%	$36K	$31K	—	as long as short
Aster GPROUSD1	+0.1480%	8h	1.3015	−0.192%	$7.7M	$14.4M	20x	as long as short

Show all 12 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX GPRO-USDT-SWAP	+0.1669%	8h	1.2950	−0.690%	$544K	$687K	10x	as long as short
KuCoin GPROUSDTM	+0.1675%	8h	1.3040	0.000%	$64K	$1.5M	20x	as long as short