Settings8H · net · $10k
Funding arb · Price arb /

GPRO

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Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.064%
Price spread now: Bybit against QFEX−0.069%7-day average +0.304% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$420as in the Price arb table
costs, in and out, $10k−$3833.830% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.296%+$30 on $10k
Price spread, last 4 days (all we have)+0.134%+$13 · spread now −0.069%, 7d avg +0.304%
Together, before fees+0.430%+$43 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.373% cheaper against QFEX than usual: you would sell low and buy high, −$37 on $10k if it goes back to its 7-day average of +0.304%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongQFEX GPRO-USD1.31000get 0.0000% / 1h47m 38s$1.2M$31K10x
ShortBybit GPROUSDT1.30910get 0.0000% / 8h2h 47m$361K$222K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against QFEX. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: −0.069% → +0.304%
−$37.28
Slippage, 4 orders
−$362.02
Fee QFEX: 5 bp × 2 orders
−$10
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$420.31
Costs to cover
3.830%
Break-even
never at this rate
Slippage from QFEX: live order book, 3 min ago; Bybit: live order book, 57 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy QFEX live order book, 3 min ago38.31 bp43.3 bp −$43166.4 bp −$1,664doesn't fitdoesn't fit
Sell Bybit live order book, 57 min ago7.28 bp135.8 bp −$136doesn't fitdoesn't fitdoesn't fit

GPRO on 12 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit GPROUSDTshort0.0000%8h1.3091−0.069%$361K$222K25x
QFEX GPRO-USDlong0.0000%1h1.3100long leg$1.2M$31K10x
Gate GPRO_USDT0.0000%8h1.3044−0.427%$55K$130K20xas long as short
Bitget GPROUSDT0.0000%8h1.3052−0.366%$419K$2.6M20xas long as short
SunX GPRO-USDT0.0000%8h1.3030−0.534%$1.8M10xas long as short
HTX GPRO-USDT0.0000%8h1.3020−0.611%$8K$211K20xas long as short
OKX GPRO-USDT-SWAP+0.0961%8h1.2980−0.916%$548K$690K10xas long as short
Binance GPROUSDT+0.0993%8h1.2954−1.115%$885K$1.7M20xas long as short
Variational Omni GPRO+0.1024%8h1.3018−0.628%$37K$32Kas long as short
KuCoin GPROUSDTM+0.1121%8h1.3030−0.534%$64K$1.3M20xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster GPROUSD1+0.1186%8h1.2972−0.977%$7.7M$12.8M20xas long as short
Entropy io:GPRO+0.3431%1h1.3030−0.534%$469K$30.6M5xas long as short