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: Bitget against OKX−0.042%7-day average +0.003% · you buy dearer than you sell
Net, funding: paid 7d − costs−$99as in the Funding arb table
Net, price: spread back to 7d avg − costs−$121as in the Price arb table
costs, in and out, $10k−$1171.170% of the position
Funding, last 7 days+0.175%+$17 on $10k
+Price spread, last 4 days (all we have)+0.132%+$13 · spread now −0.042%, 7d avg +0.003%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.045% cheaper against OKX than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.003%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX ESP-USDT-SWAP | 0.09356 | 0.0100 | pay 0.0050% / 4h | 2h 33m | $596K | $1.2M | 20x |
| Short | Bitget ESPUSDT | 0.09352 | 0.0100 | get 0.0050% / 4h | 2h 33m | $939K | $159K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- $0
- Price spread: −0.042% → +0.003%
- −$4.49
- Slippage, 4 orders
- −$94.98
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$121.47
- Costs to cover
- 1.170%
- Break-even
- never at this rate
Slippage from OKX: live order book, 3 min ago; Bitget: live order book, 32 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, 3 min ago | 1.61 bp | 27.4 bp −$27 | 580.9 bp −$5,809 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 32 min ago | 17.05 bp | 31.4 bp −$31 | 89.0 bp −$890 | doesn't fit | doesn't fit |
ESP on 10 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 | |
|---|---|---|---|---|---|---|---|---|
| BingX ESP-USDT | +0.0036% | 4h | 0.09339 | −0.182% | — | $1.7M | — | as long as short |
| Aster ESPUSDT | +0.0100% | 4h | 0.09350 | −0.067% | $6K | $25K | 5x | as long as short |
| Binance ESPUSDT | +0.0100% | 4h | 0.09347 | −0.100% | $2.4M | $4.3M | 25x | as long as short |
| OKX ESP-USDT-SWAPlong | +0.0100% | 4h | 0.09356 | long leg | $596K | $1.2M | 20x | |
| Gate ESP_USDT | +0.0100% | 8h | 0.09349 | −0.075% | $174K | $609K | 50x | as long as short |
| MEXC ESP_USDT | +0.0100% | 4h | 0.09349 | −0.075% | $1.2M | $117K | 20x | as long as short |
| KuCoin ESPUSDTM | +0.0100% | 4h | 0.09350 | −0.064% | $1.5M | $50K | 25x | as long as short |
| Bitget ESPUSDTshort | +0.0100% | 4h | 0.09352 | −0.042% | $939K | $159K | 20x | |
| edgeX ESPUSDC | +0.0118% | 4h | 0.09339 | −0.177% | $29K | $268K | 10x | as long as short |
| Bybit ESPUSDT | +0.0715% | 4h | 0.09334 | −0.235% | $1.1M | $626K | 50x | as long as short |
OKX ESP-USDT-SWAP
Bitget ESPUSDT
BingX ESP-USDT
Aster ESPUSDT
Binance ESPUSDT
Gate ESP_USDT
MEXC ESP_USDT
KuCoin ESPUSDTM
edgeX ESPUSDC
Bybit ESPUSDT