Funding you earn now, next payment 08:00 UTC+0.0591%/8h= +64.7% APRnext payment +$2.96 per $10,000 · paid last 24h +0.056%
Price spread now: OKX against Gate+0.375%7-day average +0.048% · you sell dearer than you buy
Net, funding: paid 7d − costs−$135as in the Funding arb table
Net, price: spread back to 7d avg − costs−$103as in the Price arb table
costs, in and out, $10k−$1361.361% of the position
Funding, last 7 days+0.007%+$1 on $10k
+Price spread, last 7 days−0.368%−$37 · spread now +0.375%, 7d avg +0.048%
=Both sides work for this trade now. Funding pays +$18 a day on $10k at the current rate, and OKX is 0.327% dearer against Gate than usual: you sell high and buy low: +$33 more if the spread goes back to its 7-day average of +0.048%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.007% in total (about 0.4% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.96 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate HOME_USDT | 0.006660 | 0.0100 | pay 0.0050% / 4h | 2h 19m | $433K | $1.6M | 75x |
| Short | OKX HOME-USDT-SWAP | 0.006685 | 0.0691 | get 0.0346% / 4h | 2h 19m | $1.8M | $5.5M | 20x |
Gate HOME_USDT
OKX HOME-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
- $124.14
- Price spread: +0.375% → +0.048%
- $32.71
- Slippage, 4 orders
- −$111.06
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- $20.78
- Costs to cover
- 1.361%
- Break-even
- 5.8 days
Slippage from Gate: live order book, 3 min ago; OKX: live order book, 3 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, 3 min ago | 14.97 bp | 36.7 bp −$37 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 3 min ago | 2.25 bp | 29.4 bp −$29 | doesn't fit | doesn't fit | doesn't fit |
HOME on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| BingX HOME-USDT | +0.0070% | 4h | 0.006666 | +0.090% | — | $6.6M | — | as long as short |
| BloFin HOME-USDT | +0.0080% | 4h | 0.006681 | +0.315% | $292K | $30K | 50x | as long as short |
| Aster HOMEUSDT | +0.0100% | 4h | 0.006675 | +0.231% | $49K | $37K | 5x | as long as short |
| Binance HOMEUSDT | +0.0100% | 4h | 0.006667 | +0.105% | $4.6M | $11.2M | 50x | as long as short |
| Bybit HOMEUSDT | +0.0100% | 4h | 0.006668 | +0.120% | $3.3M | $4.1M | 25x | as long as short |
| Gate HOME_USDTlong | +0.0100% | 4h | 0.006660 | long leg | $433K | $1.6M | 75x | |
| KuCoin HOMEUSDTM | +0.0100% | 4h | 0.006669 | +0.135% | $2.8M | $136K | 30x | as long as short |
| Bitget HOMEUSDT | +0.0100% | 4h | 0.006665 | +0.075% | $1.2M | $1.3M | 20x | as long as short |
| Variational Omni HOME | +0.0100% | 4h | 0.006667 | +0.110% | $7K | $2K | — | as long as short |
| MEXC HOME_USDT | +0.0254% | 4h | 0.006672 | +0.180% | $389K | $157K | 20x | as long as short |
BingX HOME-USDT
BloFin HOME-USDT
Aster HOMEUSDT
Binance HOMEUSDT
Bybit HOMEUSDT
KuCoin HOMEUSDTM
Bitget HOMEUSDT
Variational Omni HOME
MEXC HOME_USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX HOME-USDT-SWAPshort | +0.0691% | 4h | 0.006685 | +0.375% | $1.8M | $5.5M | 20x |