Funding you earn now, next payment 08:00 UTC−0.0037%/8h= −4.0% APRnext payment −$0.18 per $10,000 · paid last 24h −0.005%
Price spread now: Bitget against OKX+0.068%7-day average −0.053% · you sell dearer than you buy
Net, funding: paid 7d − costs−$165as in the Funding arb table
Net, price: spread back to 7d avg − costs−$138as in the Price arb table
costs, in and out, $10k−$1501.498% of the position
Funding, last 7 days−0.152%−$15 on $10k
+Price spread, last 7 days−0.184%−$18 · spread now +0.068%, 7d avg −0.053%
=The price spread pays, funding is against you. Bitget is 0.120% dearer against OKX than usual: you sell high and buy low (spread +0.068% now, against its 7-day average of −0.053%): +$12 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 11 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX APR-USDT-SWAP | 0.1473 | 0.0347 | pay 0.0173% / 4h | 3h 31m | $1.3M | $2.5M | 20x |
| Short | Bitget APRUSDT | 0.1474 | 0.0310 | get 0.0155% / 4h | 3h 31m | $3.9M | $986K | 50x |
OKX APR-USDT-SWAP
Bitget APRUSDTFunding 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
- −$7.69
- Price spread: +0.068% → −0.053%
- $12.04
- Slippage, 4 orders
- −$127.8
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$145.45
- Costs to cover
- 1.498%
- Break-even
- never at this rate
Slippage from OKX: live order book, 6 min ago; Bitget: live order book, 1 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, 6 min ago | 3.39 bp | 34.9 bp −$35 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 1 min ago | 8.48 bp | 34.6 bp −$35 | 159.9 bp −$1,599 | doesn't fit | doesn't fit |
APR on 12 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 APRUSDT | +0.0100% | 4h | 0.1473 | −0.018% | $6.7M | $5.2M | 50x | as long as short |
| Bybit APRUSDT | +0.0100% | 4h | 0.1474 | +0.034% | $1.4M | $642K | 20x | as long as short |
| MEXC APR_USDT | +0.0100% | 4h | 0.1472 | −0.068% | $358K | $175K | 50x | as long as short |
| SunX APR-USDT | +0.0100% | 4h | 0.1473 | +0.014% | $2K | $1.1M | 20x | as long as short |
| HTX APR-USDT | +0.0100% | 4h | 0.1475 | +0.136% | $19K | $58K | 20x | as long as short |
| BloFin APR-USDT | +0.0123% | 4h | 0.1473 | 0.000% | $288K | $110K | 50x | as long as short |
| Bitget APRUSDTshort | +0.0310% | 4h | 0.1474 | +0.068% | $3.9M | $986K | 50x | |
| OKX APR-USDT-SWAPlong | +0.0347% | 4h | 0.1473 | long leg | $1.3M | $2.5M | 20x | |
| Gate APR_USDT | +0.0380% | 4h | 0.1471 | −0.109% | $694K | $192K | 25x | as long as short |
| BingX APR-USDT | +0.0382% | 4h | 0.1474 | +0.068% | — | $1.4M | — | as long as short |
Binance APRUSDT
Bybit APRUSDT
MEXC APR_USDT
SunX APR-USDT
HTX APR-USDT
BloFin APR-USDT
Gate APR_USDT
BingX APR-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster APRUSDT | +0.0888% | 4h | 0.1472 | −0.101% | $71K | $80K | 5x | as long as short |
| KuCoin APRUSDTM | +0.0956% | 4h | 0.1472 | −0.054% | $2.4M | $340K | 50x | as long as short |
Aster APRUSDT
KuCoin APRUSDTM