Funding you earn now, next payment 00:00 UTC+0.0087%/8h= +9.6% APRpaid last 24h +0.120%
Price spread now: OKX against Gate−0.027%7-day average −0.003% · you buy dearer than you sell
Net, funding: paid 7d − costs−$12as in the Funding arb table
Net, price: spread back to 7d avg − costs−$100as in the Price arb table
costs, in and out, $10k−$980.980% of the position
Funding, last 7 days+0.863%+$86 on $10k
+Price spread, last 7 days+0.111%+$11 · spread now −0.027%, 7d avg −0.003%
=Funding pays, the price is against you. OKX is 0.024% cheaper against Gate than usual: you would sell low and buy high (spread −0.027% now, against its 7-day average of −0.003%). If the spread goes back, that is −$2 on $10k: about 22 hours of funding at the current rate (+$3 a day). At the pace of the last 7 days (+0.863% in total) that is about 5 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate F_USDT | 0.003711 | 0.0004 | pay 0.0004% / 8h | 1h 55m | $179K | $1.3M | 25x |
| Short | OKX F-USDT-SWAP | 0.003710 | 0.0091 | get 0.0046% / 4h | 1h 55m | $738K | $2.2M | 20x |
Gate F_USDT
OKX F-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
- $18.33
- Price spread: −0.027% → −0.003%
- −$2.35
- Slippage, 4 orders
- −$72.96
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$81.97
- Costs to cover
- 0.980%
- Break-even
- 38.3 days
Slippage from Gate: live order book, 1 min ago; OKX: live order book, 1 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, 1 min ago | 2.70 bp | 21.1 bp −$21 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 1 min ago | 5.40 bp | 23.7 bp −$24 | 126.2 bp −$1,262 | doesn't fit | doesn't fit |
F on 10 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate F_USDTlong | +0.0004% | 8h | 0.003711 | long leg | $179K | $1.3M | 25x | |
| OKX F-USDT-SWAPshort | +0.0091% | 4h | 0.003710 | −0.027% | $738K | $2.2M | 20x | |
| Aster FUSDT | +0.0100% | 4h | 0.003708 | −0.093% | $15K | $24K | 5x | as long as short |
| Binance FUSDT | +0.0100% | 4h | 0.003713 | +0.054% | $4.0M | $7.6M | 50x | as long as short |
| Bybit FUSDT | +0.0100% | 4h | 0.003711 | 0.000% | $2.4M | $2.6M | 25x | as long as short |
| MEXC F_USDT | +0.0100% | 4h | 0.003712 | +0.027% | $635K | $178K | 50x | as long as short |
| KuCoin FUSDTM | +0.0100% | 4h | 0.003711 | 0.000% | $781K | $1.3M | 30x | as long as short |
| Bitget FUSDT | +0.0100% | 4h | 0.003713 | +0.054% | $494K | $1.0M | 50x | as long as short |
| BingX F-USDT | +0.0100% | 4h | 0.003708 | −0.081% | — | $6.6M | — | as long as short |
| Variational Omni F | +0.0100% | 4h | 0.003704 | −0.193% | $699 | $379 | — | as long as short |
Aster FUSDT
Binance FUSDT
Bybit FUSDT
MEXC F_USDT
KuCoin FUSDTM
Bitget FUSDT
BingX F-USDT
Variational Omni F