Funding you earn now, next payment 08:00 UTC+0.1657%/8h= +181.4% APRnext payment +$16.57 per $10,000 · paid last 24h +0.287%
Price spread now: OKX against SunX−0.690%7-day average −0.409% · you buy dearer than you sell
Net, funding: paid 7d − costs−$233as in the Funding arb table
Net, price: spread back to 7d avg − costs−$436as in the Price arb table
costs, in and out, $10k−$4084.076% of the position
Funding, last 7 days+1.741%+$174 on $10k
+Price spread, last 4 days (all we have)+0.613%+$61 · spread now −0.690%, 7d avg −0.409%
=Funding pays, the price is against you. OKX is 0.281% cheaper against SunX than usual: you would sell low and buy high (spread −0.690% now, against its 7-day average of −0.409%). If the spread goes back, that is −$28 on $10k: about 14 hours of funding at the current rate (+$50 a day).
| 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 24m | — | $1.8M | 10x |
| Short | OKX GPRO-USDT-SWAP | 1.2950 | 0.1657 | get 0.1657% / 8h | 4h 24m | $544K | $686K | 10x |
SunX GPRO-USDT
OKX GPRO-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- $347.88
- Price spread: −0.690% → −0.409%
- −$28.1
- Slippage, 4 orders
- −$389.57
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$87.78
- Costs to cover
- 4.076%
- Break-even
- 8.8 days
Slippage from SunX: live order book, 11 min ago; OKX: live order book, 31 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, 11 min ago | 92.17 bp | 161.4 bp −$161 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 31 min ago | 7.70 bp | 44.4 bp −$44 | 401.1 bp −$4,011 | 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 | 1.3017 | −0.176% | $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 | 1.3050 | +0.077% | $8K | $216K | 20x | as long as short |
| Bitget GPROUSDT | +0.0131% | 8h | 1.3035 | −0.038% | $398K | $2.6M | 20x | as long as short |
| Entropy io:GPRO | +0.1166% | 1h | 1.3026 | −0.107% | $457K | $30.6M | 5x | as long as short |
| Binance GPROUSDT | +0.1269% | 8h | 1.3022 | −0.138% | $896K | $1.8M | 20x | as long as short |
| Variational Omni GPRO | +0.1269% | 8h | 1.3018 | −0.172% | $36K | $31K | — | as long as short |
| Aster GPROUSD1 | +0.1476% | 8h | 1.3021 | −0.147% | $7.7M | $14.4M | 20x | as long as short |
QFEX GPRO-USD
Bybit GPROUSDT
Gate GPRO_USDT
HTX GPRO-USDT
Bitget GPROUSDT
Entropy io:GPRO
Binance GPROUSDT
Variational Omni GPRO
Aster GPROUSD1Show all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX GPRO-USDT-SWAPshort | +0.1657% | 8h | 1.2950 | −0.690% | $544K | $686K | 10x | |
| KuCoin GPROUSDTM | +0.1669% | 8h | 1.3040 | 0.000% | $64K | $1.5M | 20x | as long as short |
KuCoin GPROUSDTM