Funding you earn now, next payment 08:00 UTC−0.0454%/8h= −49.8% APRnext payment −$2.27 per $10,000 · paid last 24h −0.056%
Price spread now: Bitget against OKX−0.311%7-day average −0.015% · you buy dearer than you sell
Net, funding: paid 7d − costs−$108as in the Funding arb table
Net, price: spread back to 7d avg − costs−$138as in the Price arb table
costs, in and out, $10k−$1081.083% of the position
Funding, last 7 days+0.006%+$1 on $10k
+Price spread, last 7 days+0.307%+$31 · spread now −0.311%, 7d avg −0.015%
=Both sides work against this trade now: funding costs −$14 a day on $10k at the current rate, and Bitget is 0.296% cheaper against OKX than usual: you would sell low and buy high (−$30 if the spread goes back to its 7-day average of −0.015%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.006% in total (about 0.3% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.27 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 | OKX HOME-USDT-SWAP | 0.006755 | 0.0554 | pay 0.0277% / 4h | 2h 38m | $1.9M | $5.6M | 20x |
| Short | Bitget HOMEUSDT | 0.006734 | 0.0100 | get 0.0050% / 4h | 2h 38m | $1.2M | $1.3M | 20x |
Funding 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
- −$95.41
- Price spread: −0.311% → −0.015%
- −$29.55
- Slippage, 4 orders
- −$86.33
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$233.3
- Costs to cover
- 1.083%
- Break-even
- never at this rate
Slippage from OKX: live order book, 4 min ago; Bitget: 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 OKX live order book, 4 min ago | 1.48 bp | 19.9 bp −$20 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 3 min ago | 5.19 bp | 32.3 bp −$32 | 224.4 bp −$2,244 | 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 | 0.006740 | −0.222% | — | $6.6M | — | as long as short |
| Aster HOMEUSDT | +0.0100% | 4h | 0.006736 | −0.281% | $49K | $38K | 5x | as long as short |
| Binance HOMEUSDT | +0.0100% | 4h | 0.006741 | −0.210% | $4.7M | $11.2M | 50x | as long as short |
| Bybit HOMEUSDT | +0.0100% | 4h | 0.006742 | −0.192% | $3.2M | $4.0M | 25x | as long as short |
| Gate HOME_USDT | +0.0100% | 4h | 0.006740 | −0.222% | $446K | $1.6M | 75x | as long as short |
| KuCoin HOMEUSDTM | +0.0100% | 4h | 0.006735 | −0.296% | $2.9M | $137K | 30x | as long as short |
| Bitget HOMEUSDTshort | +0.0100% | 4h | 0.006734 | −0.311% | $1.2M | $1.3M | 20x | |
| Variational Omni HOME | +0.0100% | 4h | 0.006744 | −0.165% | $7K | $2K | — | as long as short |
| BloFin HOME-USDT | +0.0100% | 4h | 0.006736 | −0.281% | $289K | $30K | 50x | as long as short |
| MEXC HOME_USDT | +0.0254% | 4h | 0.006740 | −0.222% | $389K | $155K | 20x | as long as short |
Show all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX HOME-USDT-SWAPlong | +0.0554% | 4h | 0.006755 | long leg | $1.9M | $5.6M | 20x |
OKX HOME-USDT-SWAP
Bitget HOMEUSDT
BingX HOME-USDT
Aster HOMEUSDT
Binance HOMEUSDT
Bybit HOMEUSDT
Gate HOME_USDT
KuCoin HOMEUSDTM
Variational Omni HOME
BloFin HOME-USDT
MEXC HOME_USDT