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

GPRO

RWAall GPRO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0987%/8h= +108.1% APRpaid last 24h +0.287%
Price spread now: KuCoin against QFEX−0.840%7-day average −0.014% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$1,113as in the Price arb table
costs, in and out, $10k−$1,03010.300% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+1.080%+$108 on $10k
Price spread, last 7 days+0.409%+$41 · spread now −0.840%, 7d avg −0.014%
Together, before fees+1.489%+$149 on $10k · with fees, hour by hour
Funding pays, the price is against you. KuCoin is 0.826% cheaper against QFEX than usual: you would sell low and buy high (spread −0.840% now, against its 7-day average of −0.014%). If the spread goes back, that is −$83 on $10k: about 2.8 days of funding at the current rate (+$30 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongQFEX GPRO-USD1.31000get 0.0000% / 1h7m 50s$1.2M$31K10x
ShortKuCoin GPROUSDTM1.29900.0987get 0.0987% / 8h2h 07m$64K$1.3M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
$207.27
Price spread: −0.840% → −0.014%
−$82.61
Slippage, 4 orders
−$1,008.03
Fee QFEX: 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$905.37
Costs to cover
10.300%
Break-even
37.6 days
Slippage from QFEX: live order book, 3 min ago; KuCoin: live order book, 2 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 ago114.94 bp119.9 bp −$120255.2 bp −$2,552doesn't fitdoesn't fit
Sell KuCoin live order book, 2 min ago26.85 bp392.0 bp −$392doesn'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 GPROUSDT0.0000%8h1.3062−0.290%$362K$226K25xas long as short
QFEX GPRO-USDlong0.0000%1h1.3100long leg$1.2M$31K10x
Gate GPRO_USDT0.0000%8h1.3025−0.573%$55K$130K20xas long as short
Bitget GPROUSDT0.0000%8h1.3033−0.511%$425K$2.6M20xas long as short
SunX GPRO-USDT0.0000%8h1.3020−0.611%$1.8M10xas long as short
HTX GPRO-USDT0.0000%8h1.3020−0.611%$8K$209K20xas long as short
Variational Omni GPRO+0.0883%8h1.3018−0.628%$37K$33Kas long as short
Binance GPROUSDT+0.0905%8h1.3010−0.687%$882K$1.7M20xas long as short
OKX GPRO-USDT-SWAP+0.0911%8h1.2980−0.916%$546K$698K10xas long as short
KuCoin GPROUSDTMshort+0.0987%8h1.2990−0.840%$64K$1.3M20x
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster GPROUSD1+0.1082%8h1.2990−0.836%$7.7M$14.4M20xas long as short
Entropy io:GPRO+0.1619%1h1.2963−1.046%$468K$30.6M5xas long as short