Funding you earn now, next payment 08:00 UTC+0.0721%/8h= +78.9% APRnext payment +$7.21 per $10,000 · paid last 24h +0.287%
Price spread now: OKX against Gate−0.285%7-day average −0.582% · you buy dearer than you sell
Net, funding: paid 7d − costs−$92as in the Funding arb table
Net, price: spread back to 7d avg − costs−$226as in the Price arb table
costs, in and out, $10k−$2562.560% of the position
Funding, last 7 days+1.641%+$164 on $10k
+Price spread, last 4 days (all we have)+0.054%+$5 · spread now −0.285%, 7d avg −0.582%
=Both sides work for this trade now. Funding pays +$22 a day on $10k at the current rate, and OKX is 0.297% dearer against Gate than usual: you sell high and buy low: +$30 more if the spread goes back to its 7-day average of −0.582%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate GPRO_USDT | 1.2987 | 0 | get 0.0000% / 8h | 1h 26m | $54K | $130K | 20x |
| Short | OKX GPRO-USDT-SWAP | 1.2950 | 0.0721 | get 0.0721% / 8h | 1h 26m | $546K | $694K | 10x |
Gate GPRO_USDT
OKX GPRO-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against Gate. 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
- $151.4
- Price spread: −0.285% → −0.582%
- $29.73
- Slippage, 4 orders
- −$230.96
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$74.83
- Costs to cover
- 2.560%
- Break-even
- 10.5 days
Slippage from Gate: live order book, 9 min ago; OKX: live order book, 15 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 Gate live order book, 9 min ago | 36.10 bp | 71.4 bp −$71 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 15 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 | 1.3022 | +0.270% | $360K | $225K | 25x | as long as short |
| QFEX GPRO-USD | 0.0000% | 1h | 1.3100 | +0.870% | $1.2M | $31K | 10x | as long as short |
| Gate GPRO_USDTlong | 0.0000% | 8h | 1.2987 | long leg | $54K | $130K | 20x | |
| Bitget GPROUSDT | 0.0000% | 8h | 1.3001 | +0.108% | $424K | $2.7M | 20x | as long as short |
| SunX GPRO-USDT | 0.0000% | 8h | 1.3000 | +0.100% | — | $1.8M | 10x | as long as short |
| HTX GPRO-USDT | 0.0000% | 8h | 1.3000 | +0.100% | $8K | $207K | 20x | as long as short |
| Entropy io:GPRO | +0.0551% | 1h | 1.2999 | +0.092% | $483K | $30.6M | 5x | as long as short |
| Binance GPROUSDT | +0.0674% | 8h | 1.2990 | +0.023% | $871K | $1.7M | 20x | as long as short |
| OKX GPRO-USDT-SWAPshort | +0.0721% | 8h | 1.2950 | −0.285% | $546K | $694K | 10x | |
| Variational Omni GPRO | +0.0724% | 8h | 1.2983 | −0.033% | $37K | $33K | — | as long as short |
Bybit GPROUSDT
QFEX GPRO-USD
Bitget GPROUSDT
SunX GPRO-USDT
HTX GPRO-USDT
Entropy io:GPRO
Binance GPROUSDT
Variational Omni GPROShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin GPROUSDTM | +0.0763% | 8h | 1.2980 | −0.054% | $64K | $1.2M | 20x | as long as short |
| Aster GPROUSD1 | +0.0849% | 8h | 1.2995 | +0.062% | $7.7M | $18.3M | 20x | as long as short |
KuCoin GPROUSDTM
Aster GPROUSD1