Funding you earn now, next payment 12:00 UTC+0.0070%/8h= +7.7% APRpaid last 24h 0.000%
Price spread now: OKX against Gate+0.089%7-day average +0.002% · you sell dearer than you buy
Net, funding: paid 7d − costs−$717as in the Funding arb table
Net, price: spread back to 7d avg − costs−$719as in the Price arb table
costs, in and out, $10k−$7287.281% of the position
Funding, last 7 days+0.113%+$11 on $10k
+Price spread, last 4 days (all we have)+0.432%+$43 · spread now +0.089%, 7d avg +0.002%
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and OKX is 0.087% dearer against Gate than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of +0.002%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate GPS_USDT | 0.01129 | 0.0030 | pay 0.0030% / 8h | 7h 45m | $588K | $198K | 25x |
| Short | OKX GPS-USDT-SWAP | 0.01130 | 0.0100 | get 0.0050% / 4h | 3h 45m | $935K | $1.1M | 20x |
Gate GPS_USDT
OKX GPS-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against Gate. 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
- $14.7
- Price spread: +0.089% → +0.002%
- $8.68
- Slippage, 4 orders
- −$703.12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$704.75
- Costs to cover
- 7.281%
- Break-even
- 342.6 days
Slippage from Gate: live order book, 51 min ago; OKX: live order book, 1 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 Gate live order book, 51 min ago | 8.32 bp | 330.2 bp −$330 | 6854.2 bp −$68.5K | doesn't fit | doesn't fit |
| Sell OKX live order book, 1 min ago | 1.77 bp | 42.8 bp −$43 | doesn't fit | doesn't fit | doesn't fit |
GPS on 13 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate GPS_USDTlong | +0.0030% | 8h | 0.01129 | long leg | $588K | $198K | 25x | |
| Aster GPSUSDT | +0.0100% | 4h | 0.01128 | −0.047% | $10K | $15K | 5x | as long as short |
| Binance GPSUSDT | +0.0100% | 4h | 0.01128 | −0.048% | $9.0M | $8.1M | 50x | as long as short |
| Bybit GPSUSDT | +0.0100% | 4h | 0.01127 | −0.151% | $1.5M | $1.2M | 50x | as long as short |
| OKX GPS-USDT-SWAPshort | +0.0100% | 4h | 0.01130 | +0.089% | $935K | $1.1M | 20x | |
| MEXC GPS_USDT | +0.0100% | 4h | 0.01128 | −0.035% | $2.9M | $382K | 100x | as long as short |
| KuCoin GPSUSDTM | +0.0100% | 4h | 0.01130 | +0.097% | $545K | $137K | 30x | as long as short |
| Bitget GPSUSDT | +0.0100% | 4h | 0.01129 | −0.009% | $945K | $564K | 50x | as long as short |
| BingX GPS-USDT | +0.0100% | 4h | 0.01128 | −0.080% | — | $1.3M | — | as long as short |
| Variational Omni GPS | +0.0100% | 4h | 0.01129 | −0.003% | $3K | $101 | — | as long as short |
Aster GPSUSDT
Binance GPSUSDT
Bybit GPSUSDT
MEXC GPS_USDT
KuCoin GPSUSDTM
Bitget GPSUSDT
BingX GPS-USDT
Variational Omni GPSShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX GPS-USDT | +0.0100% | 4h | 0.01131 | +0.186% | $9K | $141K | 20x | as long as short |
| Extended GPS-USD | +0.0104% | 1h | 0.01128 | −0.079% | — | — | 5x | as long as short |
| Kraken Futures PF_GPSUSD | +0.2936% | 1h | 0.01131 | +0.197% | $15K | $7K | 10x | as long as short |
HTX GPS-USDT
Extended GPS-USD
Kraken Futures PF_GPSUSD