Funding you earn now, next payment 08:00 UTC+0.0168%/8h= +18.4% APRnext payment +$0.84 per $10,000 · paid last 24h −0.021%
Price spread now: Gate against OKX+0.018%7-day average −0.082% · you sell dearer than you buy
Net, funding: paid 7d − costs−$404as in the Funding arb table
Net, price: spread back to 7d avg − costs−$400as in the Price arb table
costs, in and out, $10k−$4104.099% of the position
Funding, last 7 days+0.056%+$6 on $10k
+Price spread, last 4 days (all we have)−0.040%−$4 · spread now +0.018%, 7d avg −0.082%
=Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Gate is 0.100% dearer against OKX than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of −0.082%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX ACT-USDT-SWAP | 0.01103 | 0.0236 | pay 0.0118% / 4h | 2h 31m | $792K | $1.4M | 10x |
| Short | Gate ACT_USDT | 0.01103 | 0.0404 | get 0.0202% / 4h | 2h 31m | $143K | $107K | 25x |
OKX ACT-USDT-SWAP
Gate ACT_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- $35.33
- Price spread: +0.018% → −0.082%
- $10.02
- Slippage, 4 orders
- −$384.86
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$364.51
- Costs to cover
- 4.099%
- Break-even
- 79.2 days
Slippage from OKX: live order book, 5 min ago; Gate: live order book, 9 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, 5 min ago | 0.90 bp | 40.4 bp −$40 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 9 min ago | 4.54 bp | 191.4 bp −$191 | 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 | 0.01104 | +0.093% | $2.1M | $2.3M | 10x | as long as short |
| MEXC ACT_USDT | +0.0100% | 4h | 0.01104 | +0.082% | $6.4M | $114K | 20x | as long as short |
| Bitget ACTUSDT | +0.0100% | 4h | 0.01103 | +0.018% | $266K | $87K | 10x | as long as short |
| OKX ACT-USDT-SWAPlong | +0.0236% | 4h | 0.01103 | long leg | $792K | $1.4M | 10x | |
| Gate ACT_USDTshort | +0.0404% | 4h | 0.01103 | +0.018% | $143K | $107K | 25x | |
| BingX ACT-USDT | +0.0533% | 4h | 0.01104 | +0.082% | — | $1.3M | — | as long as short |
| Bybit ACTUSDT | +0.0605% | 4h | 0.01104 | +0.091% | $631K | $461K | 25x | as long as short |
Binance ACTUSDT
MEXC ACT_USDT
Bitget ACTUSDT
BingX ACT-USDT
Bybit ACTUSDT