Funding you earn now, next payment 16:00 UTC+0.0155%/8h= +17.0% APRnext payment +$1.55 per $10,000 · paid last 24h +0.053%
Price spread now: Bitget against SunX−0.162%7-day average −0.001% · you buy dearer than you sell
Net, funding: paid 7d − costs−$331as in the Funding arb table
Net, price: spread back to 7d avg − costs−$413as in the Price arb table
costs, in and out, $10k−$3973.971% of the position
Funding, last 7 days+0.660%+$66 on $10k
+Price spread, last 4 days (all we have)+0.512%+$51 · spread now −0.162%, 7d avg −0.001%
=Funding pays, the price is against you. Bitget is 0.160% cheaper against SunX than usual: you would sell low and buy high (spread −0.162% now, against its 7-day average of −0.001%). If the spread goes back, that is −$16 on $10k: about 3.4 days of funding at the current rate (+$5 a day). At the pace of the last 7 days (+0.660% in total) that is about 41 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX GPRO-USDT | 1.3000 | 0 | get 0.0000% / 8h | 5h 57m | — | $1.4M | 10x |
| Short | Bitget GPROUSDT | 1.2979 | 0.0155 | get 0.0155% / 8h | 5h 57m | $434K | $2.4M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against SunX. 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
- $32.55
- Price spread: −0.162% → −0.001%
- −$16.02
- Slippage, 4 orders
- −$377.13
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$380.6
- Costs to cover
- 3.971%
- Break-even
- 88.9 days
Slippage from SunX: live order book, 10 min ago; Bitget: live order book, 3 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 | 92.52 bp | 170.6 bp −$171 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 3 min ago | 12.69 bp | 22.8 bp −$23 | 26.9 bp −$269 | 131.8 bp −$13.2K | doesn't fit |
GPRO on 12 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Aster GPROUSD1 | 0.0000% | 8h | 1.2980 | −0.154% | $7.7M | $19.1M | 20x | as long as short |
| Binance GPROUSDT | 0.0000% | 8h | 1.2978 | −0.168% | $883K | $1.5M | 20x | as long as short |
| Bybit GPROUSDT | 0.0000% | 8h | 1.3013 | +0.100% | $363K | $194K | 25x | as long as short |
| QFEX GPRO-USD | 0.0000% | 1h | 1.3000 | 0.000% | $1.2M | $31K | 10x | as long as short |
| Gate GPRO_USDT | 0.0000% | 8h | 1.2984 | −0.123% | $55K | $119K | 20x | as long as short |
| Variational Omni GPRO | 0.0000% | 8h | 1.2997 | −0.023% | $37K | $20K | — | as long as short |
| SunX GPRO-USDTlong | 0.0000% | 8h | 1.3000 | long leg | — | $1.4M | 10x | |
| HTX GPRO-USDT | 0.0000% | 8h | 1.2980 | −0.154% | $8K | $203K | 20x | as long as short |
| KuCoin GPROUSDTM | +0.0100% | 8h | 1.3000 | 0.000% | $63K | $1.2M | 20x | as long as short |
| Bitget GPROUSDTshort | +0.0155% | 8h | 1.2979 | −0.162% | $434K | $2.4M | 20x |
Show all 12 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX GPRO-USDT-SWAP | +0.0241% | 8h | 1.2920 | −0.615% | $543K | $634K | 10x | as long as short |
| Entropy io:GPRO | +0.0312% | 1h | 1.2985 | −0.115% | $479K | $30.6M | 5x | as long as short |
SunX GPRO-USDT
Bitget GPROUSDT
Aster GPROUSD1
Binance GPROUSDT
Bybit GPROUSDT
Gate GPRO_USDT
Variational Omni GPRO
HTX GPRO-USDT
KuCoin GPROUSDTM
OKX GPRO-USDT-SWAP