Funding you earn now, next payment 08:00 UTC−0.0055%/8h= −6.1% APRnext payment −$0.55 per $10,000 · paid last 24h −0.081%
Price spread now: Gate against OKX+0.159%7-day average +0.119% · you sell dearer than you buy
Net, funding: paid 7d − costs−$186as in the Funding arb table
Net, price: spread back to 7d avg − costs−$132as in the Price arb table
costs, in and out, $10k−$1361.364% of the position
Funding, last 7 days−0.501%−$50 on $10k
+Price spread, last 4 days (all we have)−0.328%−$33 · spread now +0.159%, 7d avg +0.119%
=The price spread pays, funding is against you. Gate is 0.039% dearer against OKX than usual: you sell high and buy low (spread +0.159% now, against its 7-day average of +0.119%): +$4 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 2.4 days. At the pace of the last 7 days (−0.501% in total) that is about 13 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX EGLD-USDT-SWAP | 4.4150 | 0.0155 | pay 0.0155% / 8h | 5h 42m | $639K | $5.3M | 20x |
| Short | Gate EGLD_USDT | 4.4220 | 0.0100 | get 0.0100% / 8h | 5h 42m | $465K | $709K | 30x |
OKX EGLD-USDT-SWAP
Gate EGLD_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
- −$11.61
- Price spread: +0.159% → +0.119%
- $3.92
- Slippage, 4 orders
- −$111.4
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$144.08
- Costs to cover
- 1.364%
- Break-even
- never at this rate
Slippage from OKX: live order book, 5 min ago; Gate: live order book, 19 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, 5 min ago | 3.41 bp | 24.1 bp −$24 | 1939.7 bp −$19.4K | doesn't fit | doesn't fit |
| Sell Gate live order book, 19 min ago | 6.78 bp | 40.8 bp −$41 | doesn't fit | doesn't fit | doesn't fit |
EGLD on 12 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_EGLDUSD | −0.0120% | 1h | 4.4282 | +0.298% | $441K | $699K | 20x | as long as short |
| Injective EGLD/USDC PERP | +0.0033% | 1h | 3.6600 | −17.101% | $16 | $46K | 5.5x | as long as short |
| Binance EGLDUSDT | +0.0100% | 8h | 4.4139 | −0.025% | $4.8M | $27.4M | 75x | as long as short |
| Bybit EGLDUSDT | +0.0100% | 8h | 4.4150 | 0.000% | $2.7M | $8.9M | 75x | as long as short |
| Gate EGLD_USDTshort | +0.0100% | 8h | 4.4220 | +0.159% | $465K | $709K | 30x | |
| MEXC EGLD_USDT | +0.0100% | 8h | 4.4140 | −0.023% | $4.2M | $3.5M | 125x | as long as short |
| KuCoin EGLDUSDTM | +0.0100% | 8h | 4.4200 | +0.113% | $2.8M | $1.4M | 50x | as long as short |
| Bitget EGLDUSDT | +0.0100% | 8h | 4.4140 | −0.023% | $2.3M | $4.3M | 75x | as long as short |
| Variational Omni EGLD | +0.0100% | 8h | 4.3997 | −0.346% | $17K | $54K | — | as long as short |
| BingX EGLD-USDT | +0.0128% | 8h | 4.4160 | +0.023% | — | $2.9M | — | as long as short |
Kraken Futures PF_EGLDUSD
Injective EGLD/USDC PERP
Binance EGLDUSDT
Bybit EGLDUSDT
MEXC EGLD_USDT
KuCoin EGLDUSDTM
Bitget EGLDUSDT
Variational Omni EGLD
BingX EGLD-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX EGLD-USDT-SWAPlong | +0.0155% | 8h | 4.4150 | long leg | $639K | $5.3M | 20x | |
| BloFin EGLD-USDT | +0.0220% | 8h | 4.4010 | −0.317% | $231K | $605K | 75x | as long as short |
BloFin EGLD-USDT