Funding you earn now, next payment 04:00 UTC−0.0364%/8h= −39.8% APRnext payment −$1.82 per $10,000 · paid last 24h −0.092%
Price spread now: OKX against Bitget+0.130%7-day average −0.050% · you sell dearer than you buy
Net, funding: paid 7d − costs−$168as in the Funding arb table
Net, price: spread back to 7d avg − costs−$62as in the Price arb table
costs, in and out, $10k−$800.798% of the position
Funding, last 7 days−0.878%−$88 on $10k
+Price spread, last 7 days−0.507%−$51 · spread now +0.130%, 7d avg −0.050%
=The price spread pays, funding is against you. OKX is 0.180% dearer against Bitget than usual: you sell high and buy low (spread +0.130% now, against its 7-day average of −0.050%): +$18 on $10k if it goes back. Holding the pair costs −$11 a day in funding at the current rate, which eats that in about 40 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget CAPUSDT | 0.04607 | −0.0038 | get 0.0019% / 4h | 2h 10m | $1.0M | $588K | 10x |
| Short | OKX CAP-USDT-SWAP | 0.04613 | −0.0402 | pay 0.0201% / 4h | 2h 10m | $2.1M | $7.1M | 10x |
Bitget CAPUSDT
OKX CAP-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
- −$76.42
- Price spread: +0.130% → −0.050%
- $18.04
- Slippage, 4 orders
- −$57.76
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$138.14
- Costs to cover
- 0.798%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 1 min ago; OKX: live order book, 3 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, 1 min ago | 7.60 bp | 25.3 bp −$25 | 117.6 bp −$1,176 | doesn't fit | doesn't fit |
| Sell OKX live order book, 3 min ago | 1.09 bp | 13.3 bp −$13 | 98.2 bp −$982 | doesn't fit | doesn't fit |
CAP 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin CAPUSDTM | −0.0784% | 4h | 0.04605 | −0.043% | $4.4M | $1.4M | 10x | as long as short |
| OKX CAP-USDT-SWAPshort | −0.0402% | 4h | 0.04613 | +0.130% | $2.1M | $7.1M | 10x | |
| Bitget CAPUSDTlong | −0.0038% | 4h | 0.04607 | long leg | $1.0M | $588K | 10x | |
| gTrade (Gains Network) CAP/USD | L 0.0000% / S 0.0000% | 1h | 0.04608 | +0.022% | — | — | 150x | as long as short |
| Lighter CAP | +0.0096% | 1h | 0.04606 | −0.026% | $19K | $2K | 3x | as long as short |
| Aster CAPUSDT | +0.0100% | 4h | 0.04604 | −0.072% | $26K | $66K | 5x | as long as short |
| Binance CAPUSDT | +0.0100% | 4h | 0.04609 | +0.052% | $9.0M | $8.8M | 10x | as long as short |
| Bybit CAPUSDT | +0.0100% | 4h | 0.04606 | −0.022% | $4.5M | $4.1M | 10x | as long as short |
| Gate CAP_USDT | +0.0100% | 4h | 0.04606 | −0.022% | $327K | $1.2M | 20x | as long as short |
| MEXC CAP_USDT | +0.0100% | 4h | 0.04608 | +0.022% | $559K | $237K | 20x | as long as short |
KuCoin CAPUSDTM
gTrade (Gains Network) CAP/USD
Lighter CAP
Aster CAPUSDT
Binance CAPUSDT
Bybit CAPUSDT
Gate CAP_USDT
MEXC CAP_USDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX CAP-USDT | +0.0100% | 4h | 0.04610 | +0.065% | — | $1.6M | — | as long as short |
| Variational Omni CAP | +0.0100% | 4h | 0.04604 | −0.072% | $8K | $8K | — | as long as short |
| Orderly PERP_CAP_USDC_mythos | +0.0100% | 4h | 0.04606 | −0.020% | $5K | $582 | 10x | as long as short |
BingX CAP-USDT
Variational Omni CAP
Orderly PERP_CAP_USDC_mythos