Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: OKX against Gate−0.149%7-day average +0.045% · you buy dearer than you sell
Net, funding: paid 7d − costs−$343as in the Funding arb table
Net, price: spread back to 7d avg − costs−$349as in the Price arb table
costs, in and out, $10k−$3293.292% of the position
Funding, last 7 days−0.134%−$13 on $10k
+Price spread, last 4 days (all we have)+0.060%+$6 · spread now −0.149%, 7d avg +0.045%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.194% cheaper against Gate than usual: you would sell low and buy high, −$19 on $10k if it goes back to its 7-day average of +0.045%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate ANIME_USDT | 0.003356 | 0.0100 | pay 0.0050% / 4h | 3h 32m | $139K | $58K | 25x |
| Short | OKX ANIME-USDT-SWAP | 0.003351 | 0.0100 | get 0.0050% / 4h | 3h 32m | $428K | $517K | 20x |
Gate ANIME_USDT
OKX ANIME-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against Gate. 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
- $0
- Price spread: −0.149% → +0.045%
- −$19.44
- Slippage, 4 orders
- −$304.16
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$348.6
- Costs to cover
- 3.292%
- Break-even
- never at this rate
Slippage from Gate: live order book, 13 min ago; OKX: live order book, 19 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 Gate live order book, 13 min ago | 7.45 bp | 159.6 bp −$160 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 19 min ago | 2.97 bp | 29.9 bp −$30 | doesn't fit | doesn't fit | doesn't fit |
ANIME on 13 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ANIMEUSD | +0.0005% | 1h | 0.003353 | −0.085% | $33K | $1K | 10x | as long as short |
| Hyperliquid ANIME | +0.0100% | 1h | 0.003352 | −0.119% | $292K | $87K | 3x | as long as short |
| Aster ANIMEUSDT | +0.0100% | 4h | 0.003357 | +0.025% | $27K | $3K | 5x | as long as short |
| Binance ANIMEUSDT | +0.0100% | 4h | 0.003355 | −0.020% | $1.3M | $1.6M | 20x | as long as short |
| Bybit ANIMEUSDT | +0.0100% | 4h | 0.003355 | −0.030% | $699K | $273K | 25x | as long as short |
| OKX ANIME-USDT-SWAPshort | +0.0100% | 4h | 0.003351 | −0.149% | $428K | $517K | 20x | |
| Gate ANIME_USDTlong | +0.0100% | 4h | 0.003356 | long leg | $139K | $58K | 25x | |
| MEXC ANIME_USDT | +0.0100% | 4h | 0.003356 | 0.000% | $208K | $89K | 20x | as long as short |
| KuCoin ANIMEUSDTM | +0.0100% | 4h | 0.003353 | −0.089% | $434K | $57K | 20x | as long as short |
| Bitget ANIMEUSDT | +0.0100% | 4h | 0.003357 | +0.030% | $850K | $148K | 10x | as long as short |
Kraken Futures PF_ANIMEUSD
Hyperliquid ANIME
Aster ANIMEUSDT
Binance ANIMEUSDT
Bybit ANIMEUSDT
MEXC ANIME_USDT
KuCoin ANIMEUSDTM
Bitget ANIMEUSDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX ANIME-USDT | +0.0100% | 4h | 0.003355 | −0.030% | — | $6.5M | — | as long as short |
| Variational Omni ANIME | +0.0100% | 4h | 0.003358 | +0.072% | $11K | $553 | — | as long as short |
| GMX ANIME/USD [ANIME-USDC] | L +0.0497% / S −0.2017% | 1h | 0.003353 | −0.089% | $819 | — | 100x | as long as short |
BingX ANIME-USDT
Variational Omni ANIME
GMX ANIME/USD [ANIME-USDC]