Funding you earn now, next payment 07:00 UTC+0.0820%/8h= +89.7% APRpaid last 24h +0.287%
Price spread now: OKX against QFEX−1.145%7-day average −0.211% · 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−$433as in the Price arb table
costs, in and out, $10k−$3393.392% of the position
Funding, last 4 days (all we have)+1.065%+$107 on $10k
+Price spread, last 4 days (all we have)+1.053%+$105 · spread now −1.145%, 7d avg −0.211%
=Funding pays, the price is against you. OKX is 0.934% cheaper against QFEX than usual: you would sell low and buy high (spread −1.145% now, against its 7-day average of −0.211%). If the spread goes back, that is −$93 on $10k: about 3.8 days of funding at the current rate (+$25 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 | 40m 02s | $1.2M | $31K | 10x |
| Short | OKX GPRO-USDT-SWAP | 1.2950 | 0.0820 | get 0.0820% / 8h | 1h 40m | $546K | $696K | 10x |
QFEX GPRO-USD
OKX GPRO-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- $172.11
- Price spread: −1.145% → −0.211%
- −$93.41
- Slippage, 4 orders
- −$319.24
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$260.54
- Costs to cover
- 3.392%
- Break-even
- 17.6 days
Slippage from QFEX: live order book, 6 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 QFEX live order book, 6 min ago | 114.94 bp | 119.9 bp −$120 | 284.6 bp −$2,846 | doesn't fit | doesn't fit |
| Sell OKX live order book, 1 min ago | 7.72 bp | 44.4 bp −$44 | 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 | 1.3050 | −0.382% | $361K | $225K | 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 | 1.3003 | −0.740% | $54K | $130K | 20x | as long as short |
| Bitget GPROUSDT | 0.0000% | 8h | 1.3020 | −0.611% | $463K | $2.6M | 20x | as long as short |
| SunX GPRO-USDT | 0.0000% | 8h | 1.3010 | −0.687% | — | $1.8M | 10x | as long as short |
| HTX GPRO-USDT | 0.0000% | 8h | 1.3010 | −0.687% | $8K | $208K | 20x | as long as short |
| Entropy io:GPRO | +0.0571% | 1h | 1.3009 | −0.695% | $483K | $30.6M | 5x | as long as short |
| Binance GPROUSDT | +0.0799% | 8h | 1.3018 | −0.627% | $875K | $1.7M | 20x | as long as short |
| Variational Omni GPRO | +0.0810% | 8h | 1.3013 | −0.666% | $37K | $33K | — | as long as short |
| OKX GPRO-USDT-SWAPshort | +0.0820% | 8h | 1.2950 | −1.145% | $546K | $696K | 10x |
Bybit GPROUSDT
Gate GPRO_USDT
Bitget GPROUSDT
SunX GPRO-USDT
HTX GPRO-USDT
Entropy io:GPRO
Binance GPROUSDT
Variational Omni GPROShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin GPROUSDTM | +0.0869% | 8h | 1.3020 | −0.611% | $64K | $1.2M | 20x | as long as short |
| Aster GPROUSD1 | +0.0981% | 8h | 1.3019 | −0.616% | $7.7M | $16.5M | 20x | as long as short |
KuCoin GPROUSDTM
Aster GPROUSD1