Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: OKX against Bitget−0.024%7-day average −0.076% · you buy dearer than you sell
Net, funding: paid 7d − costs−$149as in the Funding arb table
Net, price: spread back to 7d avg − costs−$127as in the Price arb table
costs, in and out, $10k−$1321.323% of the position
Funding, last 7 days−0.170%−$17 on $10k
+Price spread, last 4 days (all we have)+0.129%+$13 · spread now −0.024%, 7d avg −0.076%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.052% dearer against Bitget than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of −0.076%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget GMTUSDT | 0.008296 | 0.0100 | pay 0.0050% / 4h | 2h 54m | $667K | $406K | 50x |
| Short | OKX GMT-USDT-SWAP | 0.008294 | 0.0100 | get 0.0050% / 4h | 2h 54m | $342K | $553K | 20x |
Bitget GMTUSDT
OKX GMT-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: −0.024% → −0.076%
- $5.2
- Slippage, 4 orders
- −$110.33
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$127.14
- Costs to cover
- 1.323%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 30 min ago; OKX: live order book, 31 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, 30 min ago | 6.01 bp | 26.6 bp −$27 | 193.6 bp −$1,936 | doesn't fit | doesn't fit |
| Sell OKX live order book, 31 min ago | 3.60 bp | 34.2 bp −$34 | doesn't fit | doesn't fit | doesn't fit |
GMT on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_GMTUSD | −0.1129% | 1h | 0.008336 | +0.483% | $47K | $7K | 20x | as long as short |
| KuCoin GMTUSDTM | +0.0054% | 4h | 0.008310 | +0.169% | $257K | $101K | 50x | as long as short |
| Hyperliquid GMT | +0.0100% | 1h | 0.008304 | +0.096% | $122K | $123K | 3x | as long as short |
| Aster GMTUSDT | +0.0100% | 4h | 0.008320 | +0.287% | $8K | $14K | 10x | as long as short |
| Binance GMTUSDT | +0.0100% | 4h | 0.008301 | +0.060% | $2.6M | $3.0M | 50x | as long as short |
| Bybit GMTUSDT | +0.0100% | 8h | 0.008298 | +0.024% | $1.1M | $1.1M | 50x | as long as short |
| OKX GMT-USDT-SWAPshort | +0.0100% | 4h | 0.008294 | −0.024% | $342K | $553K | 20x | |
| Gate GMT_USDT | +0.0100% | 8h | 0.008310 | +0.169% | $149K | $101K | 50x | as long as short |
| MEXC GMT_USDT | +0.0100% | 4h | 0.008318 | +0.265% | $422K | $179K | 20x | as long as short |
| Bitget GMTUSDTlong | +0.0100% | 4h | 0.008296 | long leg | $667K | $406K | 50x |
Kraken Futures PF_GMTUSD
KuCoin GMTUSDTM
Hyperliquid GMT
Aster GMTUSDT
Binance GMTUSDT
Bybit GMTUSDT
Gate GMT_USDT
MEXC GMT_USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX GMT-USDT | +0.0100% | 4h | 0.008307 | +0.133% | — | $1.2M | — | as long as short |
| Variational Omni GMT | +0.0100% | 8h | 0.008315 | +0.229% | $3K | $5K | — | as long as short |
BingX GMT-USDT
Variational Omni GMT