Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: OKX against Gate0.000%7-day average −0.051% · you sell dearer than you buy
Net, funding: paid 7d − costs−$488as in the Funding arb table
Net, price: spread back to 7d avg − costs−$483as in the Price arb table
costs, in and out, $10k−$4884.884% of the position
Funding, last 7 days−0.001%$0 on $10k
+Price spread, last 4 days (all we have)+0.043%+$4 · spread now 0.000%, 7d avg −0.051%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.051% dearer against Gate than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of −0.051%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate AUCTION_USDT | 3.7170 | 0.0100 | pay 0.0100% / 8h | 4h 03m | $106K | $70K | 50x |
| Short | OKX AUCTION-USDT-SWAP | 3.7170 | 0.0100 | get 0.0050% / 4h | 3m 14s | $786K | $707K | 20x |
Gate AUCTION_USDT
OKX AUCTION-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: 0.000% → −0.051%
- $5.11
- Slippage, 4 orders
- −$463.36
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$483.24
- Costs to cover
- 4.884%
- Break-even
- never at this rate
Slippage from Gate: live order book, 47 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 Gate live order book, 47 min ago | 6.79 bp | 182.8 bp −$183 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 53 min ago | 4.07 bp | 32.2 bp −$32 | 1326.2 bp −$13.3K | 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 | −0.0293% | 1h | 3.7224 | +0.146% | $8K | $272 | 10x | as long as short |
| Aster AUCTIONUSDT | +0.0100% | 4h | 3.7168 | −0.004% | $928 | $3K | 5x | as long as short |
| Binance AUCTIONUSDT | +0.0100% | 4h | 3.7210 | +0.108% | $2.4M | $1.6M | 50x | as long as short |
| Bybit AUCTIONUSDT | +0.0100% | 4h | 3.7170 | 0.000% | $593K | $271K | 25x | as long as short |
| OKX AUCTION-USDT-SWAPshort | +0.0100% | 4h | 3.7170 | 0.000% | $786K | $707K | 20x | |
| Gate AUCTION_USDTlong | +0.0100% | 8h | 3.7170 | long leg | $106K | $70K | 50x | |
| MEXC AUCTION_USDT | +0.0100% | 4h | 3.7210 | +0.108% | $440K | $146K | 20x | as long as short |
| KuCoin AUCTIONUSDTM | +0.0100% | 4h | 3.7150 | −0.054% | $371K | $110K | 20x | as long as short |
| Bitget AUCTIONUSDT | +0.0100% | 4h | 3.7220 | +0.135% | $375K | $154K | 25x | as long as short |
| BingX AUCTION-USDT | +0.0100% | 4h | 3.7170 | 0.000% | — | $12.3M | — | as long as short |
Kraken Futures PF_AUCTIONUSD
Aster AUCTIONUSDT
Binance AUCTIONUSDT
Bybit AUCTIONUSDT
MEXC AUCTION_USDT
KuCoin AUCTIONUSDTM
Bitget AUCTIONUSDT
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 | 3.7193 | +0.063% | $172 | $38 | — | as long as short |
Variational Omni AUCTION