Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.001%
Price spread now: Bitget against OKX+0.270%7-day average +0.128% · you sell dearer than you buy
Net, funding: paid 7d − costs−$168as in the Funding arb table
Net, price: spread back to 7d avg − costs−$157as in the Price arb table
costs, in and out, $10k−$1711.713% of the position
Funding, last 7 days+0.031%+$3 on $10k
+Price spread, last 4 days (all we have)+0.761%+$76 · spread now +0.270%, 7d avg +0.128%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.142% dearer against OKX than usual: you sell high and buy low, +$14 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 | OKX ETHW-USDT-SWAP | 0.2968 | 0.0100 | pay 0.0050% / 4h | 1h 55m | $864K | $4.4M | 10x |
| Short | Bitget ETHWUSDT | 0.2976 | 0.0100 | get 0.0050% / 4h | 1h 55m | $161K | $226K | 50x |
OKX ETHW-USDT-SWAP
Bitget ETHWUSDTFunding 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: +0.270% → +0.128%
- $14.16
- Slippage, 4 orders
- −$149.28
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$157.12
- Costs to cover
- 1.713%
- Break-even
- never at this rate
Slippage from OKX: live order book, 2 min ago; Bitget: live order book, 19 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, 2 min ago | 1.68 bp | 48.5 bp −$48 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 19 min ago | 11.79 bp | 36.8 bp −$37 | 313.9 bp −$3,139 | 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 | 0.2976 | +0.255% | $1.3M | $5.5M | 50x | as long as short |
| OKX ETHW-USDT-SWAPlong | +0.0100% | 4h | 0.2968 | long leg | $864K | $4.4M | 10x | |
| Gate ETHW_USDT | +0.0100% | 4h | 0.2976 | +0.270% | $226K | $280K | 20x | as long as short |
| MEXC ETHW_USDT | +0.0100% | 4h | 0.2975 | +0.236% | $993K | $908K | 100x | as long as short |
| Bitget ETHWUSDTshort | +0.0100% | 4h | 0.2976 | +0.270% | $161K | $226K | 50x |
Binance ETHWUSDT
Gate ETHW_USDT
MEXC ETHW_USDT