Funding you earn now, next payment 08:00 UTC+0.0976%/8h= +106.9% APRnext payment +$9.76 per $10,000 · paid last 24h +0.234%
Price spread now: OKX against Bitget−0.567%7-day average −0.396% · you buy dearer than you sell
Net, funding: paid 7d − costs−$4as in the Funding arb table
Net, price: spread back to 7d avg − costs−$129as in the Price arb table
costs, in and out, $10k−$1121.124% of the position
Funding, last 7 days+1.081%+$108 on $10k
+Price spread, last 4 days (all we have)+0.392%+$39 · spread now −0.567%, 7d avg −0.396%
=Funding pays, the price is against you. OKX is 0.171% cheaper against Bitget than usual: you would sell low and buy high (spread −0.567% now, against its 7-day average of −0.396%). If the spread goes back, that is −$17 on $10k: about 14 hours of funding at the current rate (+$29 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget GPROUSDT | 1.3054 | 0 | get 0.0000% / 8h | 2h 47m | $419K | $2.6M | 20x |
| Short | OKX GPRO-USDT-SWAP | 1.2980 | 0.0976 | get 0.0976% / 8h | 2h 47m | $548K | $690K | 10x |
Bitget GPROUSDT
OKX GPRO-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against Bitget. 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
- $204.95
- Price spread: −0.567% → −0.396%
- −$17.1
- Slippage, 4 orders
- −$90.38
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- $75.47
- Costs to cover
- 1.124%
- Break-even
- 4.4 days
Slippage from Bitget: live order book, 5 min ago; OKX: live order book, 64 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 Bitget live order book, 5 min ago | 6.13 bp | 14.0 bp −$14 | 16.9 bp −$169 | 79.1 bp −$7,915 | doesn't fit |
| Sell OKX live order book, 64 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 | 1.3105 | +0.391% | $363K | $223K | 25x | as long as short |
| QFEX GPRO-USD | 0.0000% | 1h | 1.3100 | +0.352% | $1.2M | $31K | 10x | as long as short |
| Gate GPRO_USDT | 0.0000% | 8h | 1.3021 | −0.253% | $55K | $130K | 20x | as long as short |
| Bitget GPROUSDTlong | 0.0000% | 8h | 1.3054 | long leg | $419K | $2.6M | 20x | |
| SunX GPRO-USDT | 0.0000% | 8h | 1.3030 | −0.184% | — | $1.8M | 10x | as long as short |
| HTX GPRO-USDT | 0.0000% | 8h | 1.3040 | −0.107% | $8K | $211K | 20x | as long as short |
| OKX GPRO-USDT-SWAPshort | +0.0976% | 8h | 1.2980 | −0.567% | $548K | $690K | 10x | |
| Binance GPROUSDT | +0.0993% | 8h | 1.2971 | −0.633% | $886K | $1.7M | 20x | as long as short |
| Variational Omni GPRO | +0.1024% | 8h | 1.3018 | −0.278% | $37K | $32K | — | as long as short |
| KuCoin GPROUSDTM | +0.1121% | 8h | 1.2950 | −0.797% | $64K | $1.3M | 20x | as long as short |
Bybit GPROUSDT
QFEX GPRO-USD
Gate GPRO_USDT
SunX GPRO-USDT
HTX GPRO-USDT
Binance GPROUSDT
Variational Omni GPRO
KuCoin GPROUSDTMShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster GPROUSD1 | +0.1186% | 8h | 1.2961 | −0.711% | $7.7M | $12.8M | 20x | as long as short |
| Entropy io:GPRO | +0.3431% | 1h | 1.3030 | −0.184% | $469K | $30.6M | 5x | as long as short |
Aster GPROUSD1
Entropy io:GPRO