Funding you earn now, next payment 08:00 UTC−0.0242%/8h= −26.5% APRpaid last 24h −0.287%
Price spread now: QFEX against OKX+1.002%7-day average +0.221% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$673as in the Price arb table
costs, in and out, $10k−$7517.506% of the position
Funding, last 4 days (all we have)−1.065%−$107 on $10k
+Price spread, last 4 days (all we have)−0.759%−$76 · spread now +1.002%, 7d avg +0.221%
=The price spread pays, funding is against you. QFEX is 0.781% dearer against OKX than usual: you sell high and buy low (spread +1.002% now, against its 7-day average of +0.221%): +$78 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 11 days. At the pace of the last 4 days (−1.065% in total) that is about 2.7 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX GPRO-USDT-SWAP | 1.2970 | 0.0242 | pay 0.0242% / 8h | 7m 21s | $546K | $680K | 10x |
| Short | QFEX GPRO-USD | 1.3100 | 0 | get 0.0000% / 1h | 7m 21s | $1.2M | $31K | 10x |
OKX GPRO-USDT-SWAP
QFEX GPRO-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX against OKX. 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
- −$50.81
- Price spread: +1.002% → +0.221%
- $78.09
- Slippage, 4 orders
- −$730.6
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$723.32
- Costs to cover
- 7.506%
- Break-even
- never at this rate
Slippage from OKX: live order book, 29 min ago; QFEX: live order book, 4 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 OKX live order book, 29 min ago | 3.85 bp | 55.8 bp −$56 | 634.0 bp −$6,340 | doesn't fit | doesn't fit |
| Sell QFEX live order book, 4 min ago | 305.34 bp | 334.2 bp −$334 | 490.9 bp −$4,909 | 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 | +0.663% | $361K | $221K | 25x | as long as short |
| QFEX GPRO-USDshort | 0.0000% | 1h | 1.3100 | +1.002% | $1.2M | $31K | 10x | |
| Gate GPRO_USDT | 0.0000% | 8h | 1.3021 | +0.393% | $55K | $130K | 20x | as long as short |
| Bitget GPROUSDT | 0.0000% | 8h | 1.3034 | +0.493% | $421K | $2.7M | 20x | as long as short |
| SunX GPRO-USDT | 0.0000% | 8h | 1.3050 | +0.617% | — | $1.7M | 10x | as long as short |
| HTX GPRO-USDT | 0.0000% | 8h | 1.3040 | +0.540% | $8K | $208K | 20x | as long as short |
| Variational Omni GPRO | +0.0138% | 8h | 1.3038 | +0.527% | $38K | $30K | — | as long as short |
| Binance GPROUSDT | +0.0141% | 8h | 1.3030 | +0.463% | $872K | $1.7M | 20x | as long as short |
| Entropy io:GPRO | +0.0233% | 1h | 1.2998 | +0.216% | $482K | $30.6M | 5x | as long as short |
| OKX GPRO-USDT-SWAPlong | +0.0242% | 8h | 1.2970 | long leg | $546K | $680K | 10x |
Bybit GPROUSDT
Gate GPRO_USDT
Bitget GPROUSDT
SunX GPRO-USDT
HTX GPRO-USDT
Variational Omni GPRO
Binance GPROUSDT
Entropy io:GPROShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin GPROUSDTM | +0.0244% | 8h | 1.3010 | +0.308% | $63K | $1.1M | 20x | as long as short |
| Aster GPROUSD1 | +0.0262% | 8h | 1.2996 | +0.198% | $7.7M | $19.1M | 20x | as long as short |
KuCoin GPROUSDTM
Aster GPROUSD1