Funding you earn now, next payment 08:00 UTC+0.0035%/8h= +3.9% APRpaid last 24h −0.099%
Price spread now: OKX against Entropy−0.392%7-day average −0.209% · you buy dearer than you sell
Net, funding: paid 7d − costs−$329as in the Funding arb table
Net, price: spread back to 7d avg − costs−$276as in the Price arb table
costs, in and out, $10k−$2582.576% of the position
Funding, last 7 days−0.714%−$71 on $10k
+Price spread, last 4 days (all we have)+0.311%+$31 · spread now −0.392%, 7d avg −0.209%
=Funding pays, the price is against you. OKX is 0.182% cheaper against Entropy than usual: you would sell low and buy high (spread −0.392% now, against its 7-day average of −0.209%). If the spread goes back, that is −$18 on $10k: about 17 days of funding at the current rate (+$1 a day). Mind the row above: over the last 7 days funding on this pair cost −0.714%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Entropy io:GPRO | 1.3021 | 0.0454 | pay 0.0057% / 1h | 46m 04s | $483K | $30.6M | 5x |
| Short | OKX GPRO-USDT-SWAP | 1.2970 | 0.0489 | get 0.0489% / 8h | 46m 04s | $547K | $687K | 10x |
Entropy io:GPRO
OKX GPRO-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against Entropy. 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
- $7.4
- Price spread: −0.392% → −0.209%
- −$18.23
- Slippage, 4 orders
- −$229.62
- Fee Entropy: 9 bp × 2 orders
- −$18
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$268.45
- Costs to cover
- 2.576%
- Break-even
- 261.0 days
Slippage from Entropy: live order book, 9 min ago; OKX: live order book, 55 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 Entropy live order book, 9 min ago | 2.69 bp | 75.8 bp −$76 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 55 min ago | 7.72 bp | 44.4 bp −$44 | doesn't fit | 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 | 1.3056 | +0.269% | $361K | $224K | 25x | as long as short |
| QFEX GPRO-USD | 0.0000% | 1h | 1.3100 | +0.607% | $1.2M | $31K | 10x | as long as short |
| Gate GPRO_USDT | 0.0000% | 8h | 1.3021 | 0.000% | $55K | $130K | 20x | as long as short |
| Bitget GPROUSDT | 0.0000% | 8h | 1.3038 | +0.131% | $421K | $2.7M | 20x | as long as short |
| SunX GPRO-USDT | 0.0000% | 8h | 1.3040 | +0.146% | — | $1.7M | 10x | as long as short |
| HTX GPRO-USDT | 0.0000% | 8h | 1.3030 | +0.069% | $8K | $206K | 20x | as long as short |
| Binance GPROUSDT | +0.0386% | 8h | 1.3040 | +0.145% | $873K | $1.7M | 20x | as long as short |
| Variational Omni GPRO | +0.0429% | 8h | 1.3027 | +0.050% | $37K | $30K | — | as long as short |
| Entropy io:GPROlong | +0.0454% | 1h | 1.3021 | long leg | $483K | $30.6M | 5x | |
| OKX GPRO-USDT-SWAPshort | +0.0489% | 8h | 1.2970 | −0.392% | $547K | $687K | 10x |
Bybit GPROUSDT
QFEX GPRO-USD
Gate GPRO_USDT
Bitget GPROUSDT
SunX GPRO-USDT
HTX GPRO-USDT
Binance GPROUSDT
Variational Omni GPROShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin GPROUSDTM | +0.0509% | 8h | 1.3040 | +0.146% | $64K | $1.2M | 20x | as long as short |
| Aster GPROUSD1 | +0.0520% | 8h | 1.3029 | +0.064% | $7.7M | $19.1M | 20x | as long as short |
KuCoin GPROUSDTM
Aster GPROUSD1