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: Bitget against OKX+0.081%7-day average +0.040% · you sell dearer than you buy
Net, funding: paid 7d − costs−$123as in the Funding arb table
Net, price: spread back to 7d avg − costs−$119as in the Price arb table
costs, in and out, $10k−$1231.233% of the position
Funding, last 7 days+0.001%$0 on $10k
+Price spread, last 4 days (all we have)−0.053%−$5 · spread now +0.081%, 7d avg +0.040%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.042% dearer against OKX than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of +0.040%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX AUCTION-USDT-SWAP | 3.6860 | 0.0100 | pay 0.0050% / 4h | 53m 07s | $773K | $682K | 20x |
| Short | Bitget AUCTIONUSDT | 3.6890 | 0.0100 | get 0.0050% / 4h | 53m 07s | $372K | $159K | 25x |
OKX AUCTION-USDT-SWAP
Bitget AUCTIONUSDTFunding 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
- $0
- Price spread: +0.081% → +0.040%
- $4.18
- Slippage, 4 orders
- −$101.31
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$119.13
- Costs to cover
- 1.233%
- Break-even
- never at this rate
Slippage from OKX: live order book, 3 min ago; Bitget: live order book, 62 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, 3 min ago | 4.07 bp | 40.4 bp −$40 | 657.0 bp −$6,570 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 62 min ago | 4.08 bp | 24.0 bp −$24 | 129.8 bp −$1,298 | 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 | −0.0296% | 1h | 3.6902 | +0.114% | $8K | $256 | 10x | as long as short |
| Aster AUCTIONUSDT | +0.0100% | 4h | 3.6868 | +0.023% | $971 | $3K | 5x | as long as short |
| Binance AUCTIONUSDT | +0.0100% | 4h | 3.6869 | +0.025% | $2.4M | $1.6M | 50x | as long as short |
| Bybit AUCTIONUSDT | +0.0100% | 4h | 3.6930 | +0.190% | $587K | $273K | 25x | as long as short |
| OKX AUCTION-USDT-SWAPlong | +0.0100% | 4h | 3.6860 | long leg | $773K | $682K | 20x | |
| Gate AUCTION_USDT | +0.0100% | 8h | 3.6900 | +0.109% | $105K | $69K | 50x | as long as short |
| MEXC AUCTION_USDT | +0.0100% | 4h | 3.6870 | +0.027% | $437K | $142K | 20x | as long as short |
| KuCoin AUCTIONUSDTM | +0.0100% | 4h | 3.6910 | +0.136% | $369K | $111K | 20x | as long as short |
| Bitget AUCTIONUSDTshort | +0.0100% | 4h | 3.6890 | +0.081% | $372K | $159K | 25x | |
| BingX AUCTION-USDT | +0.0100% | 4h | 3.6890 | +0.081% | — | $7.7M | — | 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 | 3.6974 | +0.309% | $171 | $38 | — | as long as short |
Variational Omni AUCTION