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 − costs—under 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
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%
=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).
| 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 | 7m 50s | $1.2M | $31K | 10x |
| Short | KuCoin GPROUSDTM | 1.2990 | 0.0987 | get 0.0987% / 8h | 2h 07m | $64K | $1.3M | 20x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy QFEX live order book, 3 min ago | 114.94 bp | 119.9 bp −$120 | 255.2 bp −$2,552 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 2 min ago | 26.85 bp | 392.0 bp −$392 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit GPROUSDT | 0.0000% | 8h | 1.3062 | −0.290% | $362K | $226K | 25x | as long as short |
| QFEX GPRO-USDlong | 0.0000% | 1h | 1.3100 | long leg | $1.2M | $31K | 10x | |
| Gate GPRO_USDT | 0.0000% | 8h | 1.3025 | −0.573% | $55K | $130K | 20x | as long as short |
| Bitget GPROUSDT | 0.0000% | 8h | 1.3033 | −0.511% | $425K | $2.6M | 20x | as long as short |
| SunX GPRO-USDT | 0.0000% | 8h | 1.3020 | −0.611% | — | $1.8M | 10x | as long as short |
| HTX GPRO-USDT | 0.0000% | 8h | 1.3020 | −0.611% | $8K | $209K | 20x | as long as short |
| Variational Omni GPRO | +0.0883% | 8h | 1.3018 | −0.628% | $37K | $33K | — | as long as short |
| Binance GPROUSDT | +0.0905% | 8h | 1.3010 | −0.687% | $882K | $1.7M | 20x | as long as short |
| OKX GPRO-USDT-SWAP | +0.0911% | 8h | 1.2980 | −0.916% | $546K | $698K | 10x | as long as short |
| KuCoin GPROUSDTMshort | +0.0987% | 8h | 1.2990 | −0.840% | $64K | $1.3M | 20x |
Show all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster GPROUSD1 | +0.1082% | 8h | 1.2990 | −0.836% | $7.7M | $14.4M | 20x | as long as short |
| Entropy io:GPRO | +0.1619% | 1h | 1.2963 | −1.046% | $468K | $30.6M | 5x | as long as short |
KuCoin GPROUSDTM
Bybit GPROUSDT
Gate GPRO_USDT
Bitget GPROUSDT
SunX GPRO-USDT
HTX GPRO-USDT
Variational Omni GPRO
Binance GPROUSDT
OKX GPRO-USDT-SWAP
Aster GPROUSD1