Funding you earn now, next payment 08:00 UTC+0.0176%/8h= +19.3% APRnext payment +$1.76 per $10,000 · paid last 24h −0.001%
Price spread now: OKX against KuCoin−0.613%7-day average −0.375% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,033as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,096as in the Price arb table
costs, in and out, $10k−$1,07210.719% of the position
Funding, last 7 days+0.389%+$39 on $10k
+Price spread, last 4 days (all we have)+0.444%+$44 · spread now −0.613%, 7d avg −0.375%
=Funding pays, the price is against you. OKX is 0.238% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.613% now, against its 7-day average of −0.375%). If the spread goes back, that is −$24 on $10k: about 4.5 days of funding at the current rate (+$5 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin GPROUSDTM | 1.3060 | 0.1611 | pay 0.1611% / 8h | 6h 59m | $65K | $1.7M | 20x |
| Short | OKX GPRO-USDT-SWAP | 1.2980 | 0.1787 | get 0.1787% / 8h | 6h 59m | $535K | $701K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against KuCoin. 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
- $37.05
- Price spread: −0.613% → −0.375%
- −$23.76
- Slippage, 4 orders
- −$1,049.88
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$1,058.59
- Costs to cover
- 10.719%
- Break-even
- 207.0 days
Slippage from KuCoin: live order book, 2 min ago; OKX: live order book, 6 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 KuCoin live order book, 2 min ago | 19.12 bp | 326.0 bp −$326 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 6 min ago | 7.70 bp | 44.9 bp −$45 | 630.4 bp −$6,304 | 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 | 0.0000% | 1h | 1.3100 | +0.306% | $1.2M | $33K | 10x | as long as short |
| HTX GPRO-USDT | 0.0000% | 8h | 1.3050 | −0.077% | $8K | $228K | 20x | as long as short |
| Gate GPRO_USDT | +0.0035% | 8h | 1.3059 | −0.008% | $58K | $132K | 20x | as long as short |
| Bybit GPROUSDT | +0.0186% | 8h | 1.3067 | +0.054% | $354K | $303K | 25x | as long as short |
| Bitget GPROUSDT | +0.0310% | 8h | 1.3058 | −0.015% | $419K | $2.8M | 20x | as long as short |
| SunX GPRO-USDT | +0.0318% | 8h | 1.3060 | 0.000% | — | $2.0M | 10x | as long as short |
| Variational Omni GPRO | +0.0710% | 8h | 1.3053 | −0.056% | $36K | $31K | — | as long as short |
| Binance GPROUSDT | +0.0751% | 8h | 1.3049 | −0.087% | $904K | $1.9M | 20x | as long as short |
| Aster GPROUSD1 | +0.0841% | 8h | 1.3058 | −0.012% | $7.7M | $19.5M | 20x | as long as short |
| KuCoin GPROUSDTMlong | +0.1611% | 8h | 1.3060 | long leg | $65K | $1.7M | 20x |
Show all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX GPRO-USDT-SWAPshort | +0.1787% | 8h | 1.2980 | −0.613% | $535K | $701K | 10x | |
| Entropy io:GPRO | +0.2073% | 1h | 1.3026 | −0.260% | $455K | $30.6M | 5x | as long as short |
KuCoin GPROUSDTM
OKX GPRO-USDT-SWAP
HTX GPRO-USDT
Gate GPRO_USDT
Bybit GPROUSDT
Bitget GPROUSDT
SunX GPRO-USDT
Variational Omni GPRO
Binance GPROUSDT
Aster GPROUSD1