Funding you earn now, next payment 01:00 UTC−0.1802%/8h= −197.3% APRpaid last 24h −0.287%
Price spread now: QFEX against OKX+0.924%7-day average +0.169% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$115as in the Price arb table
costs, in and out, $10k−$1911.906% of the position
Funding, last 3 days (all we have)−1.065%−$107 on $10k
+Price spread, last 4 days (all we have)−0.832%−$83 · spread now +0.924%, 7d avg +0.169%
=The price spread pays, funding is against you. QFEX is 0.755% dearer against OKX than usual: you sell high and buy low (spread +0.924% now, against its 7-day average of +0.169%): +$76 on $10k if it goes back. Holding the pair costs −$54 a day in funding at the current rate, which eats that in about 34 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX GPRO-USDT-SWAP | 1.2980 | 0.1802 | pay 0.1802% / 8h | 6h 58m | $535K | $700K | 10x |
| Short | QFEX GPRO-USD | 1.3100 | 0 | get 0.0000% / 1h | 58m 23s | $1.2M | $33K | 10x |
OKX GPRO-USDT-SWAP
QFEX GPRO-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX against OKX. 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
- −$378.36
- Price spread: +0.924% → +0.169%
- $75.51
- Slippage, 4 orders
- −$170.61
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$493.47
- Costs to cover
- 1.906%
- Break-even
- never at this rate
Slippage from OKX: live order book, 8 min ago; QFEX: live order book, 7 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 OKX live order book, 8 min ago | 7.70 bp | 59.1 bp −$59 | 555.8 bp −$5,558 | doesn't fit | doesn't fit |
| Sell QFEX live order book, 7 min ago | 38.31 bp | 43.3 bp −$43 | 156.0 bp −$1,560 | 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-USDshort | 0.0000% | 1h | 1.3100 | +0.924% | $1.2M | $33K | 10x | |
| HTX GPRO-USDT | 0.0000% | 8h | 1.3050 | +0.539% | $8K | $228K | 20x | as long as short |
| Gate GPRO_USDT | +0.0018% | 8h | 1.3059 | +0.609% | $58K | $132K | 20x | as long as short |
| Bybit GPROUSDT | +0.0164% | 8h | 1.3067 | +0.670% | $354K | $303K | 25x | as long as short |
| SunX GPRO-USDT | +0.0274% | 8h | 1.3050 | +0.539% | — | $2.0M | 10x | as long as short |
| Bitget GPROUSDT | +0.0310% | 8h | 1.3058 | +0.601% | $419K | $2.8M | 20x | as long as short |
| Variational Omni GPRO | +0.0710% | 8h | 1.3053 | +0.560% | $36K | $31K | — | as long as short |
| Binance GPROUSDT | +0.0758% | 8h | 1.3040 | +0.462% | $904K | $1.9M | 20x | as long as short |
| Aster GPROUSD1 | +0.0860% | 8h | 1.3055 | +0.578% | $7.7M | $19.5M | 20x | as long as short |
| KuCoin GPROUSDTM | +0.1623% | 8h | 1.3050 | +0.539% | $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-SWAPlong | +0.1802% | 8h | 1.2980 | long leg | $535K | $700K | 10x | |
| Entropy io:GPRO | +0.2284% | 1h | 1.3025 | +0.347% | $455K | $30.6M | 5x | as long as short |
Entropy io:GPRO