Funding you earn now, next payment 01:00 UTC+0.0026%/8h= +2.8% APRpaid last 24h +0.053%
Price spread now: Bitget against QFEX−0.313%7-day average +0.029% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$158as in the Price arb table
costs, in and out, $10k−$1241.242% of the position
Funding, last 3 days (all we have)+0.341%+$34 on $10k
+Price spread, last 7 days+0.001%$0 · spread now −0.313%, 7d avg +0.029%
=Funding pays, the price is against you. Bitget is 0.342% cheaper against QFEX than usual: you would sell low and buy high (spread −0.313% now, against its 7-day average of +0.029%). If the spread goes back, that is −$34 on $10k: about 44 days of funding at the current rate (+$1 a day). At the pace of the last 3 days (+0.341% in total) that is about 3.4 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX GPRO-USD | 1.3100 | 0 | get 0.0000% / 1h | 52m 29s | $1.2M | $35K | 10x |
| Short | Bitget GPROUSDT | 1.3059 | 0.0026 | get 0.0026% / 8h | 7h 52m | $420K | $2.9M | 20x |
QFEX GPRO-USD
Bitget GPROUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against QFEX. 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
- $5.46
- Price spread: −0.313% → +0.029%
- −$34.16
- Slippage, 4 orders
- −$102.18
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$152.88
- Costs to cover
- 1.242%
- Break-even
- 203.0 days
Slippage from QFEX: live order book, 8 min ago; Bitget: live order book, just now.
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 QFEX live order book, 8 min ago | 38.61 bp | 43.6 bp −$44 | 217.6 bp −$2,176 | doesn't fit | doesn't fit |
| Sell Bitget live order book, just now | 10.71 bp | 18.5 bp −$18 | 28.3 bp −$283 | 125.8 bp −$12.6K | 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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni GPRO | −0.0229% | 8h | 1.3053 | −0.357% | $36K | $31K | — | as long as short |
| Binance GPROUSDT | −0.0049% | 8h | 1.3060 | −0.305% | $904K | $1.9M | 20x | as long as short |
| Aster GPROUSD1 | −0.0021% | 8h | 1.3071 | −0.223% | $7.7M | $19.3M | 20x | as long as short |
| Bybit GPROUSDT | 0.0000% | 8h | 1.3081 | −0.145% | $355K | $308K | 25x | as long as short |
| QFEX GPRO-USDlong | 0.0000% | 1h | 1.3100 | long leg | $1.2M | $35K | 10x | |
| Gate GPRO_USDT | 0.0000% | 8h | 1.3071 | −0.221% | $58K | $132K | 20x | as long as short |
| SunX GPRO-USDT | 0.0000% | 8h | 1.3070 | −0.229% | — | $2.0M | 10x | as long as short |
| HTX GPRO-USDT | 0.0000% | 8h | 1.3070 | −0.229% | $8K | $231K | 20x | as long as short |
| Bitget GPROUSDTshort | +0.0026% | 8h | 1.3059 | −0.313% | $420K | $2.9M | 20x | |
| KuCoin GPROUSDTM | +0.0185% | 8h | 1.3070 | −0.229% | $65K | $1.8M | 20x | as long as short |
Variational Omni GPRO
Binance GPROUSDT
Aster GPROUSD1
Bybit GPROUSDT
Gate GPRO_USDT
SunX GPRO-USDT
HTX GPRO-USDT
KuCoin GPROUSDTMShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX GPRO-USDT-SWAP | +0.0257% | 8h | 1.3020 | −0.611% | $537K | $705K | 10x | as long as short |
| Entropy io:GPRO | +0.3775% | 1h | 1.3011 | −0.679% | $464K | $30.6M | 5x | as long as short |
OKX GPRO-USDT-SWAP
Entropy io:GPRO