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 Gate0.000%7-day average +0.017% · you sell dearer than you buy
Net, funding: paid 7d − costs−$627as in the Funding arb table
Net, price: spread back to 7d avg − costs−$626as in the Price arb table
costs, in and out, $10k−$6246.242% of the position
Funding, last 7 days−0.031%−$3 on $10k
+Price spread, last 4 days (all we have)−1.713%−$171 · spread now 0.000%, 7d avg +0.017%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate ETHW_USDT | 0.2952 | 0.0100 | pay 0.0050% / 4h | 1h 43m | $220K | $277K | 20x |
| Short | OKX ETHW-USDT-SWAP | 0.2952 | 0.0100 | get 0.0050% / 4h | 1h 43m | $814K | $4.6M | 10x |
Gate ETHW_USDT
OKX ETHW-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: 0.000% → +0.017%
- −$1.71
- Slippage, 4 orders
- −$599.21
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$625.92
- Costs to cover
- 6.242%
- Break-even
- never at this rate
Slippage from Gate: live order book, 13 min ago; OKX: 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 Gate live order book, 13 min ago | 5.07 bp | 210.6 bp −$211 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 4 min ago | 5.08 bp | 56.3 bp −$56 | 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 | 0.2959 | +0.231% | $1.2M | $5.8M | 50x | as long as short |
| OKX ETHW-USDT-SWAPshort | +0.0100% | 4h | 0.2952 | 0.000% | $814K | $4.6M | 10x | |
| Gate ETHW_USDTlong | +0.0100% | 4h | 0.2952 | long leg | $220K | $277K | 20x | |
| MEXC ETHW_USDT | +0.0100% | 4h | 0.2959 | +0.237% | $942K | $948K | 100x | as long as short |
| Bitget ETHWUSDT | +0.0100% | 4h | 0.2957 | +0.169% | $160K | $248K | 50x | as long as short |
Binance ETHWUSDT
MEXC ETHW_USDT
Bitget ETHWUSDT