Funding you earn now, next payment 04:00 UTC+0.0072%/8h= +7.9% APRnext payment +$0.36 per $10,000 · paid last 24h +0.025%
Price spread now: OKX against Bitget+0.136%7-day average +0.054% · you sell dearer than you buy
Net, funding: paid 7d − costs−$192as in the Funding arb table
Net, price: spread back to 7d avg − costs−$176as in the Price arb table
costs, in and out, $10k−$1841.844% of the position
Funding, last 7 days−0.072%−$7 on $10k
+Price spread, last 4 days (all we have)−0.067%−$7 · spread now +0.136%, 7d avg +0.054%
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and OKX is 0.082% dearer against Bitget than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of +0.054%. Mind the row above: over the last 7 days funding on this pair cost −0.072%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget ACTUSDT | 0.01107 | 0.0100 | pay 0.0050% / 4h | 5m 01s | $268K | $86K | 10x |
| Short | OKX ACT-USDT-SWAP | 0.01108 | 0.0172 | get 0.0086% / 4h | 5m 01s | $792K | $1.4M | 10x |
Bitget ACTUSDT
OKX ACT-USDT-SWAPFunding 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $15.06
- Price spread: +0.136% → +0.054%
- $8.19
- Slippage, 4 orders
- −$162.4
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$161.16
- Costs to cover
- 1.844%
- Break-even
- 81.9 days
Slippage from Bitget: live order book, 45 min ago; OKX: live order book, 2 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 Bitget live order book, 45 min ago | 9.17 bp | 40.4 bp −$40 | 486.8 bp −$4,868 | doesn't fit | doesn't fit |
| Sell OKX live order book, 2 min ago | 0.90 bp | 41.8 bp −$42 | doesn't fit | doesn't fit | doesn't fit |
ACT on 7 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance ACTUSDT | +0.0100% | 4h | 0.01107 | −0.036% | $2.1M | $2.3M | 10x | as long as short |
| Gate ACT_USDT | +0.0100% | 4h | 0.01108 | +0.090% | $158K | $95K | 25x | as long as short |
| MEXC ACT_USDT | +0.0100% | 4h | 0.01107 | −0.027% | $6.5M | $116K | 20x | as long as short |
| Bitget ACTUSDTlong | +0.0100% | 4h | 0.01107 | long leg | $268K | $86K | 10x | |
| OKX ACT-USDT-SWAPshort | +0.0172% | 4h | 0.01108 | +0.136% | $792K | $1.4M | 10x | |
| Bybit ACTUSDT | +0.0178% | 4h | 0.01108 | +0.063% | $625K | $434K | 25x | as long as short |
| BingX ACT-USDT | +0.0208% | 4h | 0.01109 | +0.172% | — | $1.3M | — | as long as short |
Binance ACTUSDT
Gate ACT_USDT
MEXC ACT_USDT
Bybit ACTUSDT
BingX ACT-USDT