Funding you earn now, next payment 08:00 UTC−0.0078%/8h= −8.5% APRnext payment −$0.39 per $10,000 · paid last 24h −0.056%
Price spread now: OKX against Bitget−0.392%7-day average −0.320% · you buy dearer than you sell
Net, funding: paid 7d − costs−$228as in the Funding arb table
Net, price: spread back to 7d avg − costs−$224as in the Price arb table
costs, in and out, $10k−$2172.172% of the position
Funding, last 7 days−0.105%−$10 on $10k
+Price spread, last 4 days (all we have)+0.042%+$4 · spread now −0.392%, 7d avg −0.320%
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and OKX is 0.072% cheaper against Bitget than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of −0.320%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget ACUUSDT | 0.1224 | 0.0178 | pay 0.0089% / 4h | 44m 29s | $240K | $256K | 10x |
| Short | OKX ACU-USDT-SWAP | 0.1219 | 0.0100 | get 0.0050% / 4h | 44m 29s | $222K | $318K | 10x |
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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$16.38
- Price spread: −0.392% → −0.320%
- −$7.25
- Slippage, 4 orders
- −$195.19
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$240.82
- Costs to cover
- 2.172%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 50 min ago; OKX: live order book, 56 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, 50 min ago | 11.03 bp | 33.6 bp −$34 | 295.1 bp −$2,951 | doesn't fit | doesn't fit |
| Sell OKX live order book, 56 min ago | 9.85 bp | 63.6 bp −$64 | doesn't fit | doesn't fit | doesn't fit |
ACU on 11 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 ACUUSDT | +0.0100% | 4h | 0.1221 | −0.237% | $858K | $696K | 13x | as long as short |
| OKX ACU-USDT-SWAPshort | +0.0100% | 4h | 0.1219 | −0.392% | $222K | $318K | 10x | |
| Gate ACU_USDT | +0.0100% | 4h | 0.1221 | −0.212% | $175K | $20K | 10x | as long as short |
| KuCoin ACUUSDTM | +0.0100% | 4h | 0.1222 | −0.123% | $567K | $29K | 10x | as long as short |
| SunX ACU-USDT | +0.0100% | 4h | 0.1220 | −0.311% | $2K | $1.5M | 20x | as long as short |
| Bitget ACUUSDTlong | +0.0178% | 4h | 0.1224 | long leg | $240K | $256K | 10x | |
| Aster ACUUSDT | +0.0724% | 4h | 0.1221 | −0.185% | $2K | $5K | 5x | as long as short |
| BingX ACU-USDT | +0.0924% | 4h | 0.1221 | −0.229% | — | $1.3M | — | as long as short |
| MEXC ACU_USDT | +0.0932% | 4h | 0.1221 | −0.204% | $14.0M | $369K | 50x | as long as short |
| Binance ACUUSDT | +0.0933% | 4h | 0.1221 | −0.221% | $2.6M | $1.8M | 10x | as long as short |
Show all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin ACU-USDT | +0.0989% | 4h | 0.1222 | −0.147% | $118K | $61K | 10x | as long as short |
Bitget ACUUSDT
OKX ACU-USDT-SWAP
Bybit ACUUSDT
Gate ACU_USDT
KuCoin ACUUSDTM
SunX ACU-USDT
Aster ACUUSDT
BingX ACU-USDT
MEXC ACU_USDT
Binance ACUUSDT
BloFin ACU-USDT