Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.014%
Price spread now: OKX against Gate+0.042%7-day average −0.007% · you sell dearer than you buy
Net, funding: paid 7d − costs−$74as in the Funding arb table
Net, price: spread back to 7d avg − costs−$76as in the Price arb table
costs, in and out, $10k−$810.809% of the position
Funding, last 7 days+0.064%+$6 on $10k
+Price spread, last 7 days−0.023%−$2 · spread now +0.042%, 7d avg −0.007%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.050% dearer against Gate than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of −0.007%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate ETHFI_USDT | 0.7132 | 0.0100 | pay 0.0050% / 4h | 1h 43m | $1.7M | $2.0M | 75x |
| Short | OKX ETHFI-USDT-SWAP | 0.7135 | 0.0100 | get 0.0050% / 4h | 1h 43m | $5.1M | $12.3M | 20x |
Gate ETHFI_USDT
OKX ETHFI-USDT-SWAPFunding 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 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% → −0.007%
- $4.95
- Slippage, 4 orders
- −$55.86
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$75.9
- Costs to cover
- 0.809%
- Break-even
- never at this rate
Slippage from Gate: live order book, 5 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 Gate live order book, 5 min ago | 3.53 bp | 27.1 bp −$27 | 231.4 bp −$2,314 | doesn't fit | doesn't fit |
| Sell OKX live order book, just now | 1.40 bp | 13.3 bp −$13 | 39.5 bp −$395 | doesn't fit | doesn't fit |
ETHFI on 24 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit ETHFI_USDC-PERPETUAL | −0.0311% | 1h | 0.7131 | −0.014% | $40K | $13K | 10x | as long as short |
| Orderly PERP_ETHFI_USDC | −0.0199% | 4h | 0.7128 | −0.056% | $16K | $1K | 10x | as long as short |
| HTX ETHFI-USDT | −0.0019% | 4h | 0.7112 | −0.280% | $88K | $168K | 20x | as long as short |
| Injective ETHFI/USDC PERP | +0.0033% | 1h | 0.7240 | +1.514% | $321 | $51K | 5.5x | as long as short |
| Variational Omni ETHFI | +0.0058% | 4h | 0.7092 | −0.557% | $1.0M | $731K | — | as long as short |
| Paradex ETHFI-USD-PERP | +0.0068% | 8h | 0.7124 | −0.118% | $6K | — | 5x | as long as short |
| Lighter ETHFI | +0.0096% | 1h | 0.7138 | +0.079% | $1.1M | $888K | 5x | as long as short |
| Hyperliquid ETHFI | +0.0100% | 1h | 0.7133 | +0.013% | $17.8M | $8.1M | 5x | as long as short |
| Aster ETHFIUSDT | +0.0100% | 4h | 0.7134 | +0.024% | $182K | $256K | 10x | as long as short |
| Binance ETHFIUSDT | +0.0100% | 4h | 0.7128 | −0.056% | $24.8M | $35.7M | 75x | as long as short |
Deribit ETHFI_USDC-PERPETUAL
Orderly PERP_ETHFI_USDC
HTX ETHFI-USDT
Injective ETHFI/USDC PERP
Variational Omni ETHFI
Paradex ETHFI-USD-PERP
Lighter ETHFI
Hyperliquid ETHFI
Aster ETHFIUSDT
Binance ETHFIUSDTShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit ETHFIUSDT | +0.0100% | 4h | 0.7129 | −0.042% | $17.9M | $12.6M | 25x | as long as short |
| OKX ETHFI-USDT-SWAPshort | +0.0100% | 4h | 0.7135 | +0.042% | $5.1M | $12.3M | 20x | |
| Gate ETHFI_USDTlong | +0.0100% | 4h | 0.7132 | long leg | $1.7M | $2.0M | 75x | |
| MEXC ETHFI_USDT | +0.0100% | 4h | 0.7128 | −0.056% | $15.4M | $3.9M | 125x | as long as short |
| KuCoin ETHFIUSDTM | +0.0100% | 4h | 0.7128 | −0.056% | $1.2M | $253K | 50x | as long as short |
| Bitget ETHFIUSDT | +0.0100% | 4h | 0.7128 | −0.056% | $6.1M | $5.3M | 75x | as long as short |
| BingX ETHFI-USDC | +0.0100% | 4h | 0.7133 | +0.014% | — | $1.2M | — | as long as short |
| SunX ETHFI-USDT | +0.0100% | 4h | 0.7134 | +0.028% | $1K | $1.1M | 20x | as long as short |
| Extended ETHFI-USD | +0.0104% | 1h | 0.7126 | −0.083% | $99K | $381K | 10x | as long as short |
| Aevo ETHFI-PERP | +0.0104% | 1h | 0.7127 | −0.075% | $8K | — | 3x | as long as short |
| Kraken Futures PF_ETHFIUSD | +0.0306% | 1h | 0.7133 | +0.017% | $270K | $200K | 20x | as long as short |
| BloFin ETHFI-USDT | +0.0340% | 4h | 0.7124 | −0.112% | $1.3M | $249K | 75x | as long as short |
| Coinbase International ETHFI-PERP-INTX | +0.0512% | 1h | 0.7253 | +1.697% | $32K | $6K | 50x | as long as short |
| Polymarket Perps ETHFI-USD | +0.0552% | 1h | 0.7150 | +0.251% | $71K | $118K | 5x | as long as short |
Bybit ETHFIUSDT
MEXC ETHFI_USDT
KuCoin ETHFIUSDTM
Bitget ETHFIUSDT
BingX ETHFI-USDC
SunX ETHFI-USDT
Extended ETHFI-USD
Aevo ETHFI-PERP
Kraken Futures PF_ETHFIUSD
BloFin ETHFI-USDT
Coinbase International ETHFI-PERP-INTX
Polymarket Perps ETHFI-USD