Funding you earn now, next payment 00:00 UTC+0.0022%/8h= +2.4% APRnext payment +$0.11 per $10,000 · paid last 24h +0.001%
Price spread now: Gate against OKX−0.036%7-day average +0.027% · you buy dearer than you sell
Net, funding: paid 7d − costs−$254as in the Funding arb table
Net, price: spread back to 7d avg − costs−$263as in the Price arb table
costs, in and out, $10k−$2572.572% of the position
Funding, last 7 days+0.033%+$3 on $10k
+Price spread, last 4 days (all we have)+0.328%+$33 · spread now −0.036%, 7d avg +0.027%
=Funding pays, the price is against you. Gate is 0.063% cheaper against OKX than usual: you would sell low and buy high (spread −0.036% now, against its 7-day average of +0.027%). If the spread goes back, that is −$6 on $10k: about 9.5 days of funding at the current rate (+$1 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX ATH-USDT-SWAP | 0.005583 | 0.0078 | pay 0.0039% / 4h | 1h 51m | $714K | $1.3M | 20x |
| Short | Gate ATH_USDT | 0.005581 | 0.0100 | get 0.0050% / 4h | 1h 51m | $798K | $513K | 30x |
OKX ATH-USDT-SWAP
Gate ATH_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
- $4.64
- Price spread: −0.036% → +0.027%
- −$6.27
- Slippage, 4 orders
- −$232.21
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$258.84
- Costs to cover
- 2.572%
- Break-even
- 397.2 days
Slippage from OKX: live order book, 5 min ago; Gate: live order book, 30 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 | 2.67 bp | 37.2 bp −$37 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 30 min ago | 8.02 bp | 89.4 bp −$89 | doesn't fit | doesn't fit | doesn't fit |
ATH 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_ATHUSD | −0.4624% | 1h | 0.005581 | −0.031% | $20K | $107K | 10x | as long as short |
| dYdX ATH-USD | −0.0034% | 1h | 0.005599 | +0.295% | $11K | $16 | 5x | as long as short |
| Variational Omni ATH | +0.0005% | 4h | 0.005613 | +0.529% | $189K | $93K | — | as long as short |
| OKX ATH-USDT-SWAPlong | +0.0078% | 4h | 0.005583 | long leg | $714K | $1.3M | 20x | |
| Aster ATHUSDT | +0.0100% | 4h | 0.005597 | +0.248% | $6K | $35K | 5x | as long as short |
| Binance ATHUSDT | +0.0100% | 4h | 0.005596 | +0.234% | $3.4M | $3.9M | 50x | as long as short |
| Bybit ATHUSDT | +0.0100% | 4h | 0.005582 | −0.018% | $4.5M | $2.3M | 25x | as long as short |
| Gate ATH_USDTshort | +0.0100% | 4h | 0.005581 | −0.036% | $798K | $513K | 30x | |
| MEXC ATH_USDT | +0.0100% | 4h | 0.005596 | +0.233% | $8.9M | $644K | 50x | as long as short |
| KuCoin ATHUSDTM | +0.0100% | 4h | 0.005579 | −0.072% | $560K | $84K | 30x | as long as short |
Kraken Futures PF_ATHUSD
dYdX ATH-USD
Variational Omni ATH
Aster ATHUSDT
Binance ATHUSDT
Bybit ATHUSDT
MEXC ATH_USDT
KuCoin ATHUSDTMShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget ATHUSDT | +0.0100% | 4h | 0.005597 | +0.251% | $1.6M | $804K | 25x | as long as short |
| BingX ATH-USDT | +0.0100% | 4h | 0.005591 | +0.143% | — | $22.0M | — | as long as short |
| BloFin ATH-USDT | +0.0109% | 4h | 0.005619 | +0.645% | $175K | $62K | 75x | as long as short |
Bitget ATHUSDT
BingX ATH-USDT
BloFin ATH-USDT