Funding you earn now, next payment 08:00 UTC+0.0447%/8h= +49.0% APRnext payment +$4.47 per $10,000 · paid last 24h +0.287%
Price spread now: OKX against SunX−0.535%7-day average −0.403% · you buy dearer than you sell
Net, funding: paid 7d − costs−$220as in the Funding arb table
Net, price: spread back to 7d avg − costs−$408as in the Price arb table
costs, in and out, $10k−$3953.946% of the position
Funding, last 7 days+1.741%+$174 on $10k
+Price spread, last 3 days (all we have)+0.255%+$26 · spread now −0.535%, 7d avg −0.403%
=Funding pays, the price is against you. OKX is 0.132% cheaper against SunX than usual: you would sell low and buy high (spread −0.535% now, against its 7-day average of −0.403%). If the spread goes back, that is −$13 on $10k: about 24 hours of funding at the current rate (+$13 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX GPRO-USDT | 1.3090 | 0 | get 0.0000% / 8h | 7h 47m | — | $2.0M | 10x |
| Short | OKX GPRO-USDT-SWAP | 1.3020 | 0.0447 | get 0.0447% / 8h | 7h 47m | $537K | $705K | 10x |
SunX GPRO-USDT
OKX GPRO-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against SunX. 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
- $93.94
- Price spread: −0.535% → −0.403%
- −$13.16
- Slippage, 4 orders
- −$376.58
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$313.8
- Costs to cover
- 3.946%
- Break-even
- 30.4 days
Slippage from SunX: live order book, 9 min ago; OKX: live order book, 24 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 SunX live order book, 9 min ago | 91.88 bp | 161.7 bp −$162 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 24 min ago | 3.86 bp | 44.7 bp −$45 | 377.5 bp −$3,775 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni GPRO | −0.0036% | 8h | 1.3068 | −0.168% | $36K | $31K | — | as long as short |
| Aster GPROUSD1 | 0.0000% | 8h | 1.3074 | −0.125% | $7.7M | $19.3M | 20x | as long as short |
| Binance GPROUSDT | 0.0000% | 8h | 1.3080 | −0.078% | $906K | $1.9M | 20x | as long as short |
| Bybit GPROUSDT | 0.0000% | 8h | 1.3101 | +0.084% | $355K | $308K | 25x | as long as short |
| QFEX GPRO-USD | 0.0000% | 1h | 1.3100 | +0.076% | $1.2M | $35K | 10x | as long as short |
| Gate GPRO_USDT | 0.0000% | 8h | 1.3062 | −0.214% | $58K | $132K | 20x | as long as short |
| SunX GPRO-USDTlong | 0.0000% | 8h | 1.3090 | long leg | — | $2.0M | 10x | |
| HTX GPRO-USDT | 0.0000% | 8h | 1.3080 | −0.076% | $8K | $231K | 20x | as long as short |
| Bitget GPROUSDT | +0.0104% | 8h | 1.3067 | −0.176% | $420K | $2.9M | 20x | as long as short |
| KuCoin GPROUSDTM | +0.0344% | 8h | 1.3070 | −0.153% | $65K | $1.8M | 20x | as long as short |
Variational Omni GPRO
Aster GPROUSD1
Binance GPROUSDT
Bybit GPROUSDT
QFEX GPRO-USD
Gate GPRO_USDT
HTX GPRO-USDT
Bitget GPROUSDT
KuCoin GPROUSDTMShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX GPRO-USDT-SWAPshort | +0.0447% | 8h | 1.3020 | −0.535% | $537K | $705K | 10x | |
| Entropy io:GPRO | +0.4052% | 1h | 1.3017 | −0.558% | $464K | $30.6M | 5x | as long as short |
Entropy io:GPRO