Settings8H · net · $10k
Funding arb · Price arb /

A

all A markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: OKX against Bitget−0.086%7-day average −0.052% · you buy dearer than you sell
Net, funding: paid 7d − costs−$133as in the Funding arb table
Net, price: spread back to 7d avg − costs−$135as in the Price arb table
costs, in and out, $10k−$1321.318% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.015%−$1 on $10k
Price spread, last 4 days (all we have)+0.086%+$9 · spread now −0.086%, 7d avg −0.052%
Together, before fees+0.071%+$7 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.034% cheaper against Bitget than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of −0.052%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget AUSDT0.092840.0100pay 0.0050% / 4h1h 44m$913K$181K75x
ShortOKX A-USDT-SWAP0.092760.0100get 0.0050% / 4h1h 44m$722K$486K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX against Bitget. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: −0.086% → −0.052%
−$3.38
Slippage, 4 orders
−$109.84
Fee Bitget: 6 bp × 2 orders
−$12
Fee OKX: 5 bp × 2 orders
−$10
Net
−$135.21
Costs to cover
1.318%
Break-even
never at this rate
Slippage from Bitget: live order book, 16 min ago; OKX: live order book, 16 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 16 min ago4.30 bp26.2 bp −$26124.6 bp −$1,246doesn't fitdoesn't fit
Sell OKX live order book, 16 min ago5.92 bp39.0 bp −$39doesn't fitdoesn't fitdoesn't fit

A on 11 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective A/USDC PERP+0.0033%1h0.08945−3.651%$1K$55.5xas long as short
Binance AUSDT+0.0100%4h0.09280−0.039%$2.9M$3.1M75xas long as short
Bybit AUSDT+0.0100%4h0.09271−0.140%$3.2M$970K50xas long as short
OKX A-USDT-SWAPshort+0.0100%4h0.09276−0.086%$722K$486K10x
Gate A_USDT+0.0100%4h0.09266−0.194%$216K$67K50xas long as short
MEXC A_USDT+0.0100%4h0.09283−0.011%$4.0M$138K100xas long as short
KuCoin AUSDTM+0.0100%4h0.09290+0.065%$681K$50K75xas long as short
Bitget AUSDTlong+0.0100%4h0.09284long leg$913K$181K75x
BingX A-USDT+0.0100%4h0.09277−0.075%$6.5Mas long as short
Variational Omni A+0.0100%4h0.09254−0.319%$1K$1as long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin A-USDT+0.0150%4h0.09272−0.129%$148K$7K75xas long as short