Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.014%
Price spread now: Gate against OKX−0.056%7-day average +0.007% · you buy dearer than you sell
Net, funding: paid 7d − costs−$92as in the Funding arb table
Net, price: spread back to 7d avg − costs−$92as in the Price arb table
costs, in and out, $10k−$860.860% of the position
Funding, last 7 days−0.064%−$6 on $10k
+Price spread, last 7 days+0.021%+$2 · spread now −0.056%, 7d avg +0.007%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.063% cheaper against OKX than usual: you would sell low and buy high, −$6 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 | OKX ETHFI-USDT-SWAP | 0.7199 | 0.0100 | pay 0.0050% / 4h | 34m 00s | $4.9M | $12.6M | 20x |
| Short | Gate ETHFI_USDT | 0.7195 | 0.0100 | get 0.0050% / 4h | 34m 00s | $1.7M | $2.1M | 75x |
Funding 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
- $0
- Price spread: −0.056% → +0.007%
- −$6.28
- Slippage, 4 orders
- −$61.03
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$92.3
- Costs to cover
- 0.860%
- Break-even
- never at this rate
Slippage from OKX: live order book, 4 min ago; Gate: live order book, 4 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, 4 min ago | 0.69 bp | 16.1 bp −$16 | 45.8 bp −$458 | doesn't fit | doesn't fit |
| Sell Gate live order book, 4 min ago | 2.78 bp | 25.7 bp −$26 | 180.3 bp −$1,803 | 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 | |
|---|---|---|---|---|---|---|---|---|
| HTX ETHFI-USDT | −0.0335% | 4h | 0.7188 | −0.153% | $83K | $164K | 20x | as long as short |
| Deribit ETHFI_USDC-PERPETUAL | −0.0306% | 1h | 0.7190 | −0.125% | $42K | $18K | 10x | as long as short |
| Orderly PERP_ETHFI_USDC | −0.0190% | 4h | 0.7189 | −0.139% | $16K | $1K | 10x | as long as short |
| Paradex ETHFI-USD-PERP | +0.0028% | 8h | 0.7188 | −0.146% | $6K | — | 5x | as long as short |
| Injective ETHFI/USDC PERP | +0.0033% | 1h | 0.7240 | +0.570% | $321 | $51K | 5.5x | as long as short |
| MEXC ETHFI_USDT | +0.0038% | 4h | 0.7190 | −0.125% | $15.2M | $3.8M | 125x | as long as short |
| Binance ETHFIUSDT | +0.0038% | 4h | 0.7194 | −0.069% | $25.0M | $37.2M | 75x | as long as short |
| Extended ETHFI-USD | +0.0040% | 1h | 0.7193 | −0.088% | $93K | $493K | 10x | as long as short |
| Aster ETHFIUSDT | +0.0050% | 4h | 0.7199 | −0.007% | $184K | $262K | 10x | as long as short |
| Aevo ETHFI-PERP | +0.0088% | 1h | 0.7185 | −0.193% | $9K | — | 3x | as long as short |
Show all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter ETHFI | +0.0096% | 1h | 0.7202 | +0.039% | $1.1M | $897K | 5x | as long as short |
| Hyperliquid ETHFI | +0.0100% | 1h | 0.7204 | +0.072% | $18.2M | $8.9M | 5x | as long as short |
| Bybit ETHFIUSDT | +0.0100% | 4h | 0.7193 | −0.083% | $18.2M | $13.1M | 25x | as long as short |
| OKX ETHFI-USDT-SWAPlong | +0.0100% | 4h | 0.7199 | long leg | $4.9M | $12.6M | 20x | |
| Gate ETHFI_USDTshort | +0.0100% | 4h | 0.7195 | −0.056% | $1.7M | $2.1M | 75x | |
| KuCoin ETHFIUSDTM | +0.0100% | 4h | 0.7190 | −0.125% | $1.2M | $272K | 50x | as long as short |
| Bitget ETHFIUSDT | +0.0100% | 4h | 0.7191 | −0.111% | $6.1M | $5.7M | 75x | as long as short |
| BingX ETHFI-USDT | +0.0100% | 4h | 0.7192 | −0.097% | — | $26.1M | — | as long as short |
| Variational Omni ETHFI | +0.0100% | 4h | 0.7192 | −0.102% | $1.1M | $738K | — | as long as short |
| Polymarket Perps ETHFI-USD | +0.0100% | 1h | 0.7195 | −0.053% | $60K | $94K | 5x | as long as short |
| SunX ETHFI-USDT | +0.0100% | 4h | 0.7193 | −0.083% | $2K | $1.1M | 20x | as long as short |
| BloFin ETHFI-USDT | +0.0153% | 4h | 0.7185 | −0.194% | $1.3M | $290K | 75x | as long as short |
| Coinbase International ETHFI-PERP-INTX | +0.0216% | 1h | 0.7237 | +0.528% | $32K | $6K | 50x | as long as short |
| Kraken Futures PF_ETHFIUSD | +0.0550% | 1h | 0.7199 | +0.002% | $277K | $161K | 20x | as long as short |
OKX ETHFI-USDT-SWAP
Gate ETHFI_USDT
HTX ETHFI-USDT
Deribit ETHFI_USDC-PERPETUAL
Paradex ETHFI-USD-PERP
Injective ETHFI/USDC PERP
MEXC ETHFI_USDT
Binance ETHFIUSDT
Extended ETHFI-USD
Aster ETHFIUSDT
Lighter ETHFI
Hyperliquid ETHFI
Bybit ETHFIUSDT
KuCoin ETHFIUSDTM
Bitget ETHFIUSDT
BingX ETHFI-USDT
Variational Omni ETHFI
Polymarket Perps ETHFI-USD
SunX ETHFI-USDT
BloFin ETHFI-USDT
Coinbase International ETHFI-PERP-INTX
Kraken Futures PF_ETHFIUSD