Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Gate against OKX−0.108%7-day average +0.051% · you buy dearer than you sell
Net, funding: paid 7d − costs−$195as in the Funding arb table
Net, price: spread back to 7d avg − costs−$211as in the Price arb table
costs, in and out, $10k−$1951.955% of the position
Funding, last 7 days+0.001%$0 on $10k
+Price spread, last 4 days (all we have)+0.114%+$11 · spread now −0.108%, 7d avg +0.051%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.160% cheaper against OKX than usual: you would sell low and buy high, −$16 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 | OKX AUCTION-USDT-SWAP | 3.6870 | 0.0100 | pay 0.0050% / 4h | 3h 41m | $771K | $674K | 20x |
| Short | Gate AUCTION_USDT | 3.6830 | 0.0100 | get 0.0100% / 8h | 7h 41m | $102K | $65K | 50x |
OKX AUCTION-USDT-SWAP
Gate AUCTION_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
- $0
- Price spread: −0.108% → +0.051%
- −$15.98
- Slippage, 4 orders
- −$170.48
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$211.46
- Costs to cover
- 1.955%
- Break-even
- never at this rate
Slippage from OKX: live order book, 30 min ago; Gate: live order book, 24 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, 30 min ago | 1.36 bp | 24.3 bp −$24 | 1530.3 bp −$15.3K | doesn't fit | doesn't fit |
| Sell Gate live order book, 24 min ago | 5.41 bp | 63.1 bp −$63 | doesn't fit | 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 | 3.6851 | −0.050% | $8K | $269 | 10x | as long as short |
| Aster AUCTIONUSDT | +0.0100% | 4h | 3.6830 | −0.108% | $883 | $2K | 5x | as long as short |
| Binance AUCTIONUSDT | +0.0100% | 4h | 3.6802 | −0.183% | $2.4M | $1.6M | 50x | as long as short |
| Bybit AUCTIONUSDT | +0.0100% | 4h | 3.6860 | −0.027% | $578K | $271K | 25x | as long as short |
| OKX AUCTION-USDT-SWAPlong | +0.0100% | 4h | 3.6870 | long leg | $771K | $674K | 20x | |
| Gate AUCTION_USDTshort | +0.0100% | 8h | 3.6830 | −0.108% | $102K | $65K | 50x | |
| MEXC AUCTION_USDT | +0.0100% | 4h | 3.6800 | −0.190% | $445K | $141K | 20x | as long as short |
| KuCoin AUCTIONUSDTM | +0.0100% | 4h | 3.6830 | −0.108% | $370K | $115K | 20x | as long as short |
| Bitget AUCTIONUSDT | +0.0100% | 4h | 3.6810 | −0.163% | $376K | $134K | 25x | as long as short |
| BingX AUCTION-USDT | +0.0100% | 4h | 3.6820 | −0.136% | — | $7.8M | — | 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 | 3.6869 | −0.002% | $171 | $38 | — | as long as short |
Variational Omni AUCTION