Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: OKX against Gate−0.096%7-day average −0.083% · you buy dearer than you sell
Net, funding: paid 7d − costs−$153as in the Funding arb table
Net, price: spread back to 7d avg − costs−$154as in the Price arb table
costs, in and out, $10k−$1531.532% of the position
Funding, last 7 days+0.003%$0 on $10k
+Price spread, last 4 days (all we have)+0.161%+$16 · spread now −0.096%, 7d avg −0.083%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate GMT_USDT | 0.008350 | 0.0100 | pay 0.0100% / 8h | 30m 23s | $146K | $105K | 50x |
| Short | OKX GMT-USDT-SWAP | 0.008342 | 0.0100 | get 0.0050% / 4h | 30m 23s | $349K | $561K | 20x |
Gate GMT_USDT
OKX GMT-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: −0.096% → −0.083%
- −$1.33
- Slippage, 4 orders
- −$128.17
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$154.5
- Costs to cover
- 1.532%
- Break-even
- never at this rate
Slippage from Gate: live order book, 40 min ago; OKX: live order book, 45 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, 40 min ago | 6.01 bp | 39.6 bp −$40 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 45 min ago | 1.80 bp | 32.2 bp −$32 | 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 | −0.1563% | 1h | 0.008346 | −0.047% | $46K | $11K | 20x | as long as short |
| KuCoin GMTUSDTM | +0.0084% | 4h | 0.008330 | −0.240% | $248K | $99K | 50x | as long as short |
| Hyperliquid GMT | +0.0100% | 1h | 0.008349 | −0.012% | $123K | $123K | 3x | as long as short |
| Aster GMTUSDT | +0.0100% | 4h | 0.008346 | −0.054% | $8K | $14K | 10x | as long as short |
| Binance GMTUSDT | +0.0100% | 4h | 0.008347 | −0.041% | $2.7M | $3.0M | 50x | as long as short |
| Bybit GMTUSDT | +0.0100% | 8h | 0.008341 | −0.108% | $1.1M | $1.1M | 50x | as long as short |
| OKX GMT-USDT-SWAPshort | +0.0100% | 4h | 0.008342 | −0.096% | $349K | $561K | 20x | |
| Gate GMT_USDTlong | +0.0100% | 8h | 0.008350 | long leg | $146K | $105K | 50x | |
| MEXC GMT_USDT | +0.0100% | 4h | 0.008346 | −0.048% | $421K | $183K | 20x | as long as short |
| Bitget GMTUSDT | +0.0100% | 4h | 0.008343 | −0.084% | $672K | $398K | 50x | as long as short |
Kraken Futures PF_GMTUSD
KuCoin GMTUSDTM
Hyperliquid GMT
Aster GMTUSDT
Binance GMTUSDT
Bybit GMTUSDT
MEXC GMT_USDT
Bitget GMTUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni GMT | +0.0100% | 8h | 0.008333 | −0.209% | $3K | $5K | — | as long as short |
| BingX GMT-USDT | +0.0200% | 4h | 0.008341 | −0.108% | — | $1.2M | — | as long as short |
Variational Omni GMT
BingX GMT-USDT