Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: OKX against Gate+0.059%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.059% dearer against Gate than usual: you sell high and buy low, +$6 on $10k if it goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate INIT_USDT | 0.08404 | 0.0100 | pay 0.0100% / 8h | 43m 36s | $82K | $21K | 25x |
| Short | OKX INIT-USDT-SWAP | 0.08409 | 0.0100 | get 0.0050% / 4h | 43m 36s | $141K | $560K | 10x |
Gate INIT_USDT
OKX INIT-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: +0.059% → 0.000%
- $5.95
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$19.05
- Costs to cover
- 0.250%
- Break-even
- never at this rate
Slippage unknown: Gate: no order-book sample; OKX: live order book, 57 min ago. Net counts fees only.
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 no order-book sample | — | — | — | — | — |
| Sell OKX live order book, 57 min ago | 7.75 bp | 45.7 bp −$46 | doesn't fit | doesn't fit | doesn't fit |
Gate: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
INIT on 13 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_INITUSD | −0.0244% | 1h | 0.08408 | +0.046% | $5K | $17K | 10x | as long as short |
| BloFin INIT-USDT | +0.0069% | 4h | 0.08403 | −0.012% | $153K | $63K | 25x | as long as short |
| Hyperliquid INIT | +0.0100% | 1h | 0.08413 | +0.102% | $313K | $146K | 3x | as long as short |
| Aster INITUSDT | +0.0100% | 4h | 0.08399 | −0.055% | $28K | $8K | 5x | as long as short |
| Binance INITUSDT | +0.0100% | 4h | 0.08414 | +0.120% | $3.5M | $2.9M | 25x | as long as short |
| Bybit INITUSDT | +0.0100% | 4h | 0.08406 | +0.024% | $1.5M | $1.3M | 25x | as long as short |
| OKX INIT-USDT-SWAPshort | +0.0100% | 4h | 0.08409 | +0.059% | $141K | $560K | 10x | |
| Gate INIT_USDTlong | +0.0100% | 8h | 0.08404 | long leg | $82K | $21K | 25x | |
| MEXC INIT_USDT | +0.0100% | 4h | 0.08410 | +0.071% | $448K | $169K | 20x | as long as short |
| KuCoin INITUSDTM | +0.0100% | 4h | 0.08408 | +0.048% | $327K | $52K | 25x | as long as short |
Kraken Futures PF_INITUSD
BloFin INIT-USDT
Hyperliquid INIT
Aster INITUSDT
Binance INITUSDT
Bybit INITUSDT
MEXC INIT_USDT
KuCoin INITUSDTMShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget INITUSDT | +0.0100% | 4h | 0.08399 | −0.059% | $434K | $260K | 25x | as long as short |
| BingX INIT-USDT | +0.0100% | 4h | 0.08407 | +0.036% | — | $6.6M | — | as long as short |
| Variational Omni INIT | +0.0100% | 4h | 0.08402 | −0.019% | $27K | $11K | — | as long as short |
Bitget INITUSDT
BingX INIT-USDT
Variational Omni INIT