Funding you earn now, next payment 00:00 UTC+0.1143%/8h= +125.2% APRnext payment +$11.43 per $10,000 · paid last 24h +0.282%
Price spread now: OKX against Binance−0.537%7-day average −0.300% · you buy dearer than you sell
Net, funding: paid 7d − costs+$13as in the Funding arb table
Net, price: spread back to 7d avg − costs−$153as in the Price arb table
costs, in and out, $10k−$1301.296% of the position
Funding, last 7 days+1.430%+$143 on $10k
+Price spread, last 2 days (all we have)+0.421%+$42 · spread now −0.537%, 7d avg −0.300%
=Funding pays, the price is against you. OKX is 0.237% cheaper against Binance than usual: you would sell low and buy high (spread −0.537% now, against its 7-day average of −0.300%). If the spread goes back, that is −$24 on $10k: about 17 hours of funding at the current rate (+$34 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance GPROUSDT | 1.3030 | −0.1143 | get 0.1143% / 8h | 36m 08s | $907K | $1.9M | 20x |
| Short | OKX GPRO-USDT-SWAP | 1.2960 | 0 | get 0.0000% / 8h | 36m 08s | $541K | $696K | 10x |
Binance GPROUSDT
OKX GPRO-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against Binance. 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
- $240.13
- Price spread: −0.537% → −0.300%
- −$23.72
- Slippage, 4 orders
- −$109.6
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- $86.8
- Costs to cover
- 1.296%
- Break-even
- 4.5 days
Slippage from Binance: live order book, 13 min ago; OKX: live order book, 40 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 Binance live order book, 13 min ago | 3.84 bp | 25.5 bp −$25 | 104.5 bp −$1,045 | doesn't fit | doesn't fit |
| Sell OKX live order book, 40 min ago | 7.73 bp | 49.5 bp −$49 | 359.2 bp −$3,592 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster GPROUSD1 | −0.1219% | 8h | 1.3040 | +0.077% | $7.7M | $19.3M | 20x | as long as short |
| Variational Omni GPRO | −0.1164% | 8h | 1.3034 | +0.027% | $37K | $30K | — | as long as short |
| Binance GPROUSDTlong | −0.1143% | 8h | 1.3030 | long leg | $907K | $1.9M | 20x | |
| Bybit GPROUSDT | 0.0000% | 8h | 1.3029 | −0.008% | $355K | $313K | 25x | as long as short |
| OKX GPRO-USDT-SWAPshort | 0.0000% | 8h | 1.2960 | −0.537% | $541K | $696K | 10x | |
| QFEX GPRO-USD | 0.0000% | 1h | 1.3000 | −0.230% | $1.2M | $35K | 10x | as long as short |
| Gate GPRO_USDT | 0.0000% | 8h | 1.3019 | −0.084% | $59K | $134K | 20x | as long as short |
| Bitget GPROUSDT | 0.0000% | 8h | 1.3028 | −0.015% | $425K | $3.1M | 20x | as long as short |
| SunX GPRO-USDT | 0.0000% | 8h | 1.3030 | 0.000% | — | $2.1M | 10x | as long as short |
| HTX GPRO-USDT | 0.0000% | 8h | 1.3020 | −0.077% | $8K | $238K | 20x | as long as short |
Aster GPROUSD1
Variational Omni GPRO
Bybit GPROUSDT
QFEX GPRO-USD
Gate GPRO_USDT
Bitget GPROUSDT
SunX GPRO-USDT
HTX GPRO-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin GPROUSDTM | +0.0100% | 8h | 1.3030 | 0.000% | $63K | $1.8M | 20x | as long as short |
| Entropy io:GPRO | +0.2346% | 1h | 1.3000 | −0.230% | $466K | $30.6M | 5x | as long as short |
KuCoin GPROUSDTM
Entropy io:GPRO