Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.001%
Price spread now: OKX against Bitget−0.303%7-day average −0.128% · you buy dearer than you sell
Net, funding: paid 7d − costs−$240as in the Funding arb table
Net, price: spread back to 7d avg − costs−$255as in the Price arb table
costs, in and out, $10k−$2372.373% of the position
Funding, last 7 days−0.031%−$3 on $10k
+Price spread, last 4 days (all we have)−0.117%−$12 · spread now −0.303%, 7d avg −0.128%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.175% cheaper against Bitget than usual: you would sell low and buy high, −$18 on $10k if it goes back to its 7-day average of −0.128%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget ETHWUSDT | 0.2967 | 0.0100 | pay 0.0050% / 4h | 2h 54m | $166K | $235K | 50x |
| Short | OKX ETHW-USDT-SWAP | 0.2958 | 0.0100 | get 0.0050% / 4h | 2h 54m | $836K | $4.6M | 10x |
Bitget ETHWUSDT
OKX ETHW-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: −0.303% → −0.128%
- −$17.52
- Slippage, 4 orders
- −$215.31
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$254.83
- Costs to cover
- 2.373%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 5 min ago; OKX: live order book, 3 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 Bitget live order book, 5 min ago | 23.43 bp | 54.5 bp −$55 | 421.7 bp −$4,217 | doesn't fit | doesn't fit |
| Sell OKX live order book, 3 min ago | 3.37 bp | 51.4 bp −$51 | doesn't fit | doesn't fit | doesn't fit |
ETHW on 5 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance ETHWUSDT | +0.0100% | 4h | 0.2963 | −0.135% | $1.2M | $5.7M | 50x | as long as short |
| OKX ETHW-USDT-SWAPshort | +0.0100% | 4h | 0.2958 | −0.303% | $836K | $4.6M | 10x | |
| Gate ETHW_USDT | +0.0100% | 4h | 0.2961 | −0.202% | $222K | $271K | 20x | as long as short |
| MEXC ETHW_USDT | +0.0100% | 4h | 0.2963 | −0.135% | $970K | $948K | 100x | as long as short |
| Bitget ETHWUSDTlong | +0.0100% | 4h | 0.2967 | long leg | $166K | $235K | 50x |
Binance ETHWUSDT
Gate ETHW_USDT
MEXC ETHW_USDT