Settings8H · net · $10k
Funding arb · Price arb /

CP

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: OKX against Bitget−0.052%7-day average +0.026% · you buy dearer than you sell
Net, funding: paid 7d − costs−$77as in the Funding arb table
Net, price: spread back to 7d avg − costs−$99as in the Price arb table
costs, in and out, $10k−$910.908% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.137%+$14 on $10k
Price spread, last 7 days+0.115%+$12 · spread now −0.052%, 7d avg +0.026%
Together, before fees+0.253%+$25 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.078% cheaper against Bitget than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of +0.026%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget CPUSDT0.013540.0100pay 0.0050% / 4h1h 23m$774K$1.5M20x
ShortOKX CP-USDT-SWAP0.013530.0100get 0.0050% / 4h1h 23m$3.7M$10.6M20x

Funding 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: −0.052% → +0.026%
−$7.79
Slippage, 4 orders
−$68.79
Fee Bitget: 6 bp × 2 orders
−$12
Fee OKX: 5 bp × 2 orders
−$10
Net
−$98.58
Costs to cover
0.908%
Break-even
never at this rate
Slippage from Bitget: live order book, 3 min ago; OKX: live order book, 5 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 3 min ago10.34 bp22.7 bp −$23117.0 bp −$1,170doesn't fitdoesn't fit
Sell OKX live order book, 5 min ago3.70 bp21.9 bp −$22129.0 bp −$1,290doesn't fitdoesn't fit

CP on 8 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX CP-USDT+0.0070%4h0.01352−0.126%$1.0Mas long as short
BloFin CP-USDT+0.0092%4h0.01354+0.022%$413$36K20xas long as short
Bybit CPUSDT+0.0100%4h0.01352−0.126%$1.5M$2.3M20xas long as short
OKX CP-USDT-SWAPshort+0.0100%4h0.01353−0.052%$3.7M$10.6M20x
Gate CP_USDT+0.0100%4h0.01353−0.052%$562K$504K20xas long as short
MEXC CP_USDT+0.0100%4h0.01352−0.126%$1.5M$368K20xas long as short
KuCoin CPUSDTM+0.0100%4h0.01356+0.170%$200K$950K20xas long as short
Bitget CPUSDTlong+0.0100%4h0.01354long leg$774K$1.5M20x