Funding you earn now, next payment 04:00 UTC−0.1276%/8h= −139.7% APRnext payment −$6.38 per $10,000 · paid last 24h 0.000%
Price spread now: Gate against OKX+0.672%7-day average +0.265% · you sell dearer than you buy
Net, funding: paid 7d − costs−$637as in the Funding arb table
Net, price: spread back to 7d avg − costs−$623as in the Price arb table
costs, in and out, $10k−$6646.636% of the position
Funding, last 7 days+0.261%+$26 on $10k
+Price spread, last 4 days (all we have)−0.332%−$33 · spread now +0.672%, 7d avg +0.265%
=The price spread pays, funding is against you. Gate is 0.407% dearer against OKX than usual: you sell high and buy low (spread +0.672% now, against its 7-day average of +0.265%): +$41 on $10k if it goes back. Holding the pair costs −$38 a day in funding at the current rate, which eats that in about 26 hours. Mind the row above: over the last 7 days funding on this pair paid +0.261%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.261% in total (about 13.6% a year). A funding rate is set anew for every payment; at this rate the next one is about −$6.38 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 AEON-USDT-SWAP | 0.05949 | 0.1376 | pay 0.0688% / 4h | 52m 44s | $1.7M | $5.5M | 20x |
| Short | Gate AEON_USDT | 0.05989 | 0.0100 | get 0.0050% / 4h | 52m 44s | $582K | $240K | 20x |
OKX AEON-USDT-SWAP
Gate AEON_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
- −$267.92
- Price spread: +0.672% → +0.265%
- $40.69
- Slippage, 4 orders
- −$638.58
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$890.81
- Costs to cover
- 6.636%
- Break-even
- never at this rate
Slippage from OKX: live order book, 5 min ago; Gate: live order book, 3 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 | 6.69 bp | 43.9 bp −$44 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 3 min ago | 11.65 bp | 279.2 bp −$279 | doesn't fit | doesn't fit | doesn't fit |
AEON on 6 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster AEONUSDT | +0.0100% | 1h | 0.05942 | −0.111% | $35K | $29K | 5x | as long as short |
| Bybit AEONUSDT | +0.0100% | 4h | 0.05959 | +0.168% | $485K | $150K | 25x | as long as short |
| Gate AEON_USDTshort | +0.0100% | 4h | 0.05989 | +0.672% | $582K | $240K | 20x | |
| Bitget AEONUSDT | +0.0100% | 4h | 0.05971 | +0.370% | $2.1M | $706K | 20x | as long as short |
| KuCoin AEONUSDTM | +0.1032% | 4h | 0.05977 | +0.471% | $1.0M | $1.6M | 20x | as long as short |
| OKX AEON-USDT-SWAPlong | +0.1376% | 4h | 0.05949 | long leg | $1.7M | $5.5M | 20x |
Aster AEONUSDT
Bybit AEONUSDT
Bitget AEONUSDT
KuCoin AEONUSDTM