Funding you earn now, next payment 01:00 UTC+0.2284%/8h= +250.1% APRnext payment +$2.86 per $10,000 · paid last 24h +0.385%
Price spread now: Entropy against QFEX−0.573%7-day average +0.018% · 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−$298as in the Price arb table
costs, in and out, $10k−$2392.391% of the position
Funding, last 3 days (all we have)+1.229%+$123 on $10k
+Price spread, last 4 days (all we have)+0.480%+$48 · spread now −0.573%, 7d avg +0.018%
=Funding pays, the price is against you. Entropy is 0.590% cheaper against QFEX than usual: you would sell low and buy high (spread −0.573% now, against its 7-day average of +0.018%). If the spread goes back, that is −$59 on $10k: about 21 hours of funding at the current rate (+$69 a day).
| 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 | 58m 02s | $1.2M | $33K | 10x |
| Short | Entropy io:GPRO | 1.3025 | 0.2284 | get 0.0286% / 1h | 58m 02s | $455K | $30.6M | 5x |
QFEX GPRO-USD
Entropy io:GPROFunding history
latest
Range statsloading…
Price spread between the two exchanges
Entropy 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
- $479.7
- Price spread: −0.573% → +0.018%
- −$59.01
- Slippage, 4 orders
- −$211.09
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee Entropy: 9 bp × 2 orders
- −$18
- Net
- $181.6
- Costs to cover
- 2.391%
- Break-even
- 4.3 days
Slippage from QFEX: live order book, 7 min ago; Entropy: live order book, 9 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 QFEX live order book, 7 min ago | 38.31 bp | 43.3 bp −$43 | 155.8 bp −$1,558 | doesn't fit | doesn't fit |
| Sell Entropy live order book, 9 min ago | 27.18 bp | 97.2 bp −$97 | 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 | |
|---|---|---|---|---|---|---|---|---|
| QFEX GPRO-USDlong | 0.0000% | 1h | 1.3100 | long leg | $1.2M | $33K | 10x | |
| HTX GPRO-USDT | 0.0000% | 8h | 1.3050 | −0.382% | $8K | $228K | 20x | as long as short |
| Gate GPRO_USDT | +0.0018% | 8h | 1.3059 | −0.313% | $58K | $132K | 20x | as long as short |
| Bybit GPROUSDT | +0.0164% | 8h | 1.3067 | −0.252% | $354K | $303K | 25x | as long as short |
| SunX GPRO-USDT | +0.0233% | 8h | 1.3050 | −0.382% | — | $2.0M | 10x | as long as short |
| Bitget GPROUSDT | +0.0310% | 8h | 1.3058 | −0.321% | $419K | $2.8M | 20x | as long as short |
| Variational Omni GPRO | +0.0710% | 8h | 1.3053 | −0.361% | $36K | $31K | — | as long as short |
| Binance GPROUSDT | +0.0758% | 8h | 1.3040 | −0.458% | $904K | $1.9M | 20x | as long as short |
| Aster GPROUSD1 | +0.0860% | 8h | 1.3050 | −0.379% | $7.7M | $19.5M | 20x | as long as short |
| KuCoin GPROUSDTM | +0.1623% | 8h | 1.3050 | −0.382% | $64K | $1.7M | 20x | as long as short |
HTX GPRO-USDT
Gate GPRO_USDT
Bybit GPROUSDT
SunX GPRO-USDT
Bitget GPROUSDT
Variational Omni GPRO
Binance GPROUSDT
Aster GPROUSD1
KuCoin GPROUSDTMShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX GPRO-USDT-SWAP | +0.1802% | 8h | 1.2980 | −0.916% | $535K | $700K | 10x | as long as short |
| Entropy io:GPROshort | +0.2284% | 1h | 1.3025 | −0.573% | $455K | $30.6M | 5x |
OKX GPRO-USDT-SWAP