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

ESP

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: OKX against Gate−0.032%7-day average −0.011% · you buy dearer than you sell
Net, funding: paid 7d − costs−$203as in the Funding arb table
Net, price: spread back to 7d avg − costs−$223as in the Price arb table
costs, in and out, $10k−$2212.212% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.181%+$18 on $10k
Price spread, last 4 days (all we have)0.000%$0 · spread now −0.032%, 7d avg −0.011%
Together, before fees+0.181%+$18 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 0.021% cheaper against Gate than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of −0.011%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate ESP_USDT0.094220.0100pay 0.0100% / 8h10m 43s$170K$618K50x
ShortOKX ESP-USDT-SWAP0.094190.0100get 0.0050% / 4h10m 43s$597K$1.3M20x

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 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: −0.032% → −0.011%
−$2.12
Slippage, 4 orders
−$196.21
Fee Gate: 7.5 bp × 2 orders
−$15
Fee OKX: 5 bp × 2 orders
−$10
Net
−$223.33
Costs to cover
2.212%
Break-even
never at this rate
Slippage from Gate: live order book, 65 min ago; OKX: live order book, 1 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 Gate live order book, 65 min ago11.21 bp84.3 bp −$84doesn't fitdoesn't fitdoesn't fit
Sell OKX live order book, 1 min ago0.53 bp27.9 bp −$28doesn't fitdoesn't fitdoesn't fit

ESP on 11 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
BloFin ESP-USDT+0.0046%4h0.09408−0.149%$121K$35K25xas long as short
Aster ESPUSDT+0.0100%4h0.09416−0.061%$4K$24K5xas long as short
Binance ESPUSDT+0.0100%4h0.09413−0.090%$2.4M$4.2M25xas long as short
OKX ESP-USDT-SWAPshort+0.0100%4h0.09419−0.032%$597K$1.3M20x
Gate ESP_USDTlong+0.0100%8h0.09422long leg$170K$618K50x
MEXC ESP_USDT+0.0100%4h0.09412−0.106%$1.2M$106K20xas long as short
KuCoin ESPUSDTM+0.0100%4h0.09426+0.042%$1.5M$52K25xas long as short
Bitget ESPUSDT+0.0100%4h0.09420−0.017%$951K$133K20xas long as short
edgeX ESPUSDC+0.0109%4h0.09412−0.102%$29K$269K10xas long as short
BingX ESP-USDT+0.2244%4h0.09413−0.096%$1.7Mas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit ESPUSDT+0.2274%4h0.09400−0.233%$1.1M$597K50xas long as short