Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: OKX against Bitget+0.008%7-day average −0.005% · you sell dearer than you buy
Net, funding: paid 7d − costs−$137as in the Funding arb table
Net, price: spread back to 7d avg − costs−$118as in the Price arb table
costs, in and out, $10k−$1191.192% of the position
Funding, last 7 days−0.175%−$17 on $10k
+Price spread, last 4 days (all we have)−0.112%−$11 · spread now +0.008%, 7d avg −0.005%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget ESPUSDT | 0.09417 | 0.0100 | pay 0.0050% / 4h | 3h 20m | $949K | $148K | 20x |
| Short | OKX ESP-USDT-SWAP | 0.09418 | 0.0100 | get 0.0050% / 4h | 3h 20m | $598K | $1.2M | 20x |
Bitget ESPUSDT
OKX ESP-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
- $0
- Price spread: +0.008% → −0.005%
- $1.32
- Slippage, 4 orders
- −$97.25
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$117.93
- Costs to cover
- 1.192%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 50 min ago; OKX: live order book, just now.
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, 50 min ago | 14.65 bp | 26.3 bp −$26 | 84.6 bp −$846 | doesn't fit | doesn't fit |
| Sell OKX live order book, just now | 0.53 bp | 22.1 bp −$22 | doesn't fit | doesn't fit | doesn't fit |
ESP 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster ESPUSDT | +0.0100% | 4h | 0.09416 | −0.016% | $4K | $24K | 5x | as long as short |
| Binance ESPUSDT | +0.0100% | 4h | 0.09419 | +0.019% | $2.4M | $4.2M | 25x | as long as short |
| OKX ESP-USDT-SWAPshort | +0.0100% | 4h | 0.09418 | +0.008% | $598K | $1.2M | 20x | |
| Gate ESP_USDT | +0.0100% | 8h | 0.09422 | +0.051% | $179K | $612K | 50x | as long as short |
| MEXC ESP_USDT | +0.0100% | 4h | 0.09420 | +0.030% | $1.2M | $111K | 20x | as long as short |
| KuCoin ESPUSDTM | +0.0100% | 4h | 0.09412 | −0.055% | $1.5M | $51K | 25x | as long as short |
| Bitget ESPUSDTlong | +0.0100% | 4h | 0.09417 | long leg | $949K | $148K | 20x | |
| edgeX ESPUSDC | +0.0107% | 4h | 0.09416 | −0.015% | $29K | $270K | 10x | as long as short |
| BloFin ESP-USDT | +0.0151% | 4h | 0.09420 | +0.030% | $122K | $34K | 25x | as long as short |
| Bybit ESPUSDT | +0.1924% | 4h | 0.09402 | −0.161% | $1.1M | $599K | 50x | as long as short |
Aster ESPUSDT
Binance ESPUSDT
Gate ESP_USDT
MEXC ESP_USDT
KuCoin ESPUSDTM
edgeX ESPUSDC
BloFin ESP-USDT
Bybit ESPUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX ESP-USDT | +0.2256% | 4h | 0.09416 | −0.013% | — | $1.7M | — | as long as short |
BingX ESP-USDT