Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: OKX against Bitget0.000%7-day average −0.042% · you sell dearer than you buy
Net, funding: paid 7d − costs−$104as in the Funding arb table
Net, price: spread back to 7d avg − costs−$100as in the Price arb table
costs, in and out, $10k−$1041.037% of the position
Funding, last 7 days−0.001%$0 on $10k
+Price spread, last 4 days (all we have)+0.011%+$1 · spread now 0.000%, 7d avg −0.042%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.042% dearer against Bitget than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of −0.042%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget AUCTIONUSDT | 3.6890 | 0.0100 | pay 0.0050% / 4h | 3h 17m | $377K | $133K | 25x |
| Short | OKX AUCTION-USDT-SWAP | 3.6890 | 0.0100 | get 0.0050% / 4h | 3h 17m | $771K | $655K | 20x |
Bitget AUCTIONUSDT
OKX AUCTION-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against Bitget. 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: 0.000% → −0.042%
- $4.18
- Slippage, 4 orders
- −$81.69
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$99.51
- Costs to cover
- 1.037%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 48 min ago; OKX: live order book, 53 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 Bitget live order book, 48 min ago | 5.42 bp | 24.6 bp −$25 | 171.0 bp −$1,710 | doesn't fit | doesn't fit |
| Sell OKX live order book, 53 min ago | 1.36 bp | 25.9 bp −$26 | 539.7 bp −$5,397 | doesn't fit | doesn't fit |
AUCTION 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_AUCTIONUSD | −0.1064% | 1h | 3.6860 | −0.082% | $8K | $269 | 10x | as long as short |
| Aster AUCTIONUSDT | +0.0100% | 4h | 3.6870 | −0.054% | $884 | $2K | 5x | as long as short |
| Binance AUCTIONUSDT | +0.0100% | 4h | 3.6880 | −0.027% | $2.4M | $1.6M | 50x | as long as short |
| Bybit AUCTIONUSDT | +0.0100% | 4h | 3.6910 | +0.054% | $579K | $268K | 25x | as long as short |
| OKX AUCTION-USDT-SWAPshort | +0.0100% | 4h | 3.6890 | 0.000% | $771K | $655K | 20x | |
| Gate AUCTION_USDT | +0.0100% | 8h | 3.6850 | −0.108% | $102K | $65K | 50x | as long as short |
| MEXC AUCTION_USDT | +0.0100% | 4h | 3.6880 | −0.027% | $446K | $142K | 20x | as long as short |
| KuCoin AUCTIONUSDTM | +0.0100% | 4h | 3.6860 | −0.081% | $370K | $114K | 20x | as long as short |
| Bitget AUCTIONUSDTlong | +0.0100% | 4h | 3.6890 | long leg | $377K | $133K | 25x | |
| BingX AUCTION-USDT | +0.0100% | 4h | 3.6870 | −0.054% | — | $7.8M | — | as long as short |
Kraken Futures PF_AUCTIONUSD
Aster AUCTIONUSDT
Binance AUCTIONUSDT
Bybit AUCTIONUSDT
Gate AUCTION_USDT
MEXC AUCTION_USDT
KuCoin AUCTIONUSDTM
BingX AUCTION-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni AUCTION | +0.0100% | 4h | 3.6899 | +0.024% | $171 | $38 | — | as long as short |
Variational Omni AUCTION