Funding you earn now, next payment 08:00 UTC−0.0464%/8h= −50.8% APRnext payment −$2.32 per $10,000 · paid last 24h +0.002%
Price spread now: OKX against Gate−0.142%7-day average −0.078% · you buy dearer than you sell
Net, funding: paid 7d − costs−$435as in the Funding arb table
Net, price: spread back to 7d avg − costs−$436as in the Price arb table
costs, in and out, $10k−$4294.293% of the position
Funding, last 7 days−0.058%−$6 on $10k
+Price spread, last 4 days (all we have)+0.031%+$3 · spread now −0.142%, 7d avg −0.078%
=Both sides work against this trade now: funding costs −$14 a day on $10k at the current rate, and OKX is 0.064% cheaper against Gate than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of −0.078%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.058% in total (about -3.0% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.32 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate BSB_USDT | 0.1053 | 0.0564 | pay 0.0282% / 4h | 2h 39m | $647K | $145K | 20x |
| Short | OKX BSB-USDT-SWAP | 0.1051 | 0.0100 | get 0.0050% / 4h | 2h 39m | $1.2M | $1.9M | 10x |
Funding 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
- −$97.44
- Price spread: −0.142% → −0.078%
- −$6.4
- Slippage, 4 orders
- −$404.27
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$533.11
- Costs to cover
- 4.293%
- Break-even
- never at this rate
Slippage from Gate: live order book, 7 min ago; OKX: live order book, 2 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, 7 min ago | 9.44 bp | 233.8 bp −$234 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 2 min ago | 1.89 bp | 25.8 bp −$26 | doesn't fit | doesn't fit | doesn't fit |
BSB 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit BSBUSDT | +0.0100% | 4h | 0.1050 | −0.237% | $2.9M | $783K | 25x | as long as short |
| OKX BSB-USDT-SWAPshort | +0.0100% | 4h | 0.1051 | −0.142% | $1.2M | $1.9M | 10x | |
| KuCoin BSBUSDTM | +0.0100% | 4h | 0.1051 | −0.142% | $494K | $138K | 10x | as long as short |
| Bitget BSBUSDT | +0.0100% | 4h | 0.1051 | −0.161% | $3.4M | $895K | 10x | as long as short |
| Variational Omni BSB | +0.0100% | 4h | 0.1054 | +0.089% | $2K | $2K | — | as long as short |
| SunX BSB-USDT | +0.0100% | 4h | 0.1053 | +0.019% | $1K | $950K | 10x | as long as short |
| Binance BSBUSDT | +0.0213% | 4h | 0.1052 | −0.029% | $6.0M | $3.4M | 10x | as long as short |
| Extended BSB-USD | +0.0216% | 1h | 0.1052 | −0.055% | $198 | $176K | 5x | as long as short |
| MEXC BSB_USDT | +0.0218% | 4h | 0.1052 | −0.019% | $1.1M | $165K | 50x | as long as short |
| BingX BSB-USDT | +0.0224% | 4h | 0.1051 | −0.161% | — | $1.7M | — | as long as short |
Show all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin BSB-USDT | +0.0232% | 4h | 0.1057 | +0.370% | $274K | $43K | 10x | as long as short |
| Aster BSBUSDT | +0.0243% | 4h | 0.1052 | −0.031% | $29K | $16K | 5x | as long as short |
| Gate BSB_USDTlong | +0.0564% | 4h | 0.1053 | long leg | $647K | $145K | 20x |
Gate BSB_USDT
OKX BSB-USDT-SWAP
Bybit BSBUSDT
KuCoin BSBUSDTM
Bitget BSBUSDT
Variational Omni BSB
SunX BSB-USDT
Binance BSBUSDT
Extended BSB-USD
MEXC BSB_USDT
BingX BSB-USDT
BloFin BSB-USDT
Aster BSBUSDT