Funding you earn now, next payment 00:00 UTC+0.0380%/8h= +41.6% APRnext payment +$1.90 per $10,000 · paid last 24h +0.053%
Price spread now: Bitget against OKX+0.239%7-day average +0.322% · you sell dearer than you buy
Net, funding: paid 7d − costs−$145as in the Funding arb table
Net, price: spread back to 7d avg − costs−$161as in the Price arb table
costs, in and out, $10k−$1521.524% of the position
Funding, last 7 days+0.078%+$8 on $10k
+Price spread, last 4 days (all we have)+0.061%+$6 · spread now +0.239%, 7d avg +0.322%
=Funding pays, the price is against you. Bitget is 0.083% cheaper against OKX than usual: you would sell low and buy high (spread +0.239% now, against its 7-day average of +0.322%). If the spread goes back, that is −$8 on $10k: about 18 hours of funding at the current rate (+$11 a day). At the pace of the last 7 days (+0.078% in total) that is about 7.5 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.078% in total (about 4.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.90 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX ACU-USDT-SWAP | 0.1215 | 0.0100 | pay 0.0050% / 4h | 29m 12s | $221K | $265K | 10x |
| Short | Bitget ACUUSDT | 0.1218 | 0.0480 | get 0.0240% / 4h | 29m 12s | $255K | $230K | 10x |
OKX ACU-USDT-SWAP
Bitget ACUUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- $79.8
- Price spread: +0.239% → +0.322%
- −$8.34
- Slippage, 4 orders
- −$130.41
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$80.95
- Costs to cover
- 1.524%
- Break-even
- 14.1 days
Slippage from OKX: live order book, 46 min ago; Bitget: live order book, 41 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, 46 min ago | 3.32 bp | 52.6 bp −$53 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 41 min ago | 9.08 bp | 39.8 bp −$40 | 308.7 bp −$3,087 | 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 | |
|---|---|---|---|---|---|---|---|---|
| OKX ACU-USDT-SWAPlong | +0.0100% | 4h | 0.1215 | long leg | $221K | $265K | 10x | |
| Gate ACU_USDT | +0.0100% | 4h | 0.1215 | −0.016% | $173K | $15K | 10x | as long as short |
| KuCoin ACUUSDTM | +0.0100% | 4h | 0.1209 | −0.494% | $559K | $30K | 10x | as long as short |
| SunX ACU-USDT | +0.0100% | 4h | 0.1214 | −0.107% | $1K | $1.1M | 20x | as long as short |
| Bitget ACUUSDTshort | +0.0480% | 4h | 0.1218 | +0.239% | $255K | $230K | 10x | |
| Aster ACUUSDT | +0.0547% | 4h | 0.1213 | −0.152% | $2K | $4K | 5x | as long as short |
| BloFin ACU-USDT | +0.0767% | 4h | 0.1213 | −0.156% | $118K | $60K | 10x | as long as short |
| MEXC ACU_USDT | +0.0786% | 4h | 0.1216 | +0.066% | $13.8M | $344K | 50x | as long as short |
| Binance ACUUSDT | +0.0797% | 4h | 0.1216 | +0.066% | $2.5M | $1.3M | 10x | as long as short |
| Bybit ACUUSDT | +0.1105% | 4h | 0.1214 | −0.107% | $842K | $569K | 13x | as long as short |
Gate ACU_USDT
KuCoin ACUUSDTM
SunX ACU-USDT
Aster ACUUSDT
BloFin ACU-USDT
MEXC ACU_USDT
Binance ACUUSDT
Bybit ACUUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX ACU-USDT | +0.1148% | 4h | 0.1215 | +0.033% | — | $1.3M | — | as long as short |
BingX ACU-USDT