Funding you earn now, next payment 04:00 UTC+0.0001%/8h= +0.1% APRnext payment +$0.00 per $10,000 · paid last 24h −0.006%
Price spread now: Bitget against OKX−0.027%7-day average −0.015% · you buy dearer than you sell
Net, funding: paid 7d − costs−$124as in the Funding arb table
Net, price: spread back to 7d avg − costs−$85as in the Price arb table
costs, in and out, $10k−$840.838% of the position
Funding, last 7 days−0.400%−$40 on $10k
+Price spread, last 7 days+0.023%+$2 · spread now −0.027%, 7d avg −0.015%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX F-USDT-SWAP | 0.003720 | 0.0099 | pay 0.0050% / 4h | 3h 44m | $750K | $2.1M | 20x |
| Short | Bitget FUSDT | 0.003719 | 0.0100 | get 0.0050% / 4h | 3h 44m | $484K | $939K | 50x |
OKX F-USDT-SWAP
Bitget FUSDTFunding 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
- $0.19
- Price spread: −0.027% → −0.015%
- −$1.17
- Slippage, 4 orders
- −$61.81
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$84.79
- Costs to cover
- 0.838%
- Break-even
- 3212.5 days
Slippage from OKX: live order book, 3 min ago; Bitget: live order book, 52 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, 3 min ago | 1.35 bp | 23.5 bp −$23 | 131.5 bp −$1,315 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 52 min ago | 1.34 bp | 21.4 bp −$21 | 52.0 bp −$520 | 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 | |
|---|---|---|---|---|---|---|---|---|
| OKX F-USDT-SWAPlong | +0.0099% | 4h | 0.003720 | long leg | $750K | $2.1M | 20x | |
| Aster FUSDT | +0.0100% | 4h | 0.003717 | −0.089% | $15K | $25K | 5x | as long as short |
| Binance FUSDT | +0.0100% | 4h | 0.003719 | −0.015% | $4.0M | $7.1M | 50x | as long as short |
| Bybit FUSDT | +0.0100% | 4h | 0.003719 | −0.027% | $2.4M | $2.4M | 25x | as long as short |
| Gate F_USDT | +0.0100% | 8h | 0.003721 | +0.027% | $208K | $1.4M | 25x | as long as short |
| MEXC F_USDT | +0.0100% | 4h | 0.003718 | −0.054% | $642K | $177K | 50x | as long as short |
| KuCoin FUSDTM | +0.0100% | 4h | 0.003717 | −0.081% | $779K | $1.2M | 30x | as long as short |
| Bitget FUSDTshort | +0.0100% | 4h | 0.003719 | −0.027% | $484K | $939K | 50x | |
| BingX F-USDT | +0.0100% | 4h | 0.003717 | −0.081% | — | $6.6M | — | as long as short |
| Variational Omni F | +0.0100% | 4h | 0.003713 | −0.190% | $706 | $386 | — | as long as short |
Aster FUSDT
Binance FUSDT
Bybit FUSDT
Gate F_USDT
MEXC F_USDT
KuCoin FUSDTM
BingX F-USDT
Variational Omni F