Funding you earn now, next payment 04:00 UTC+0.0226%/8h= +24.8% APRnext payment +$1.13 per $10,000 · paid last 24h +0.063%
Price spread now: Bitget against OKX+0.099%7-day average −0.001% · you sell dearer than you buy
Net, funding: paid 7d − costs−$23as in the Funding arb table
Net, price: spread back to 7d avg − costs−$69as in the Price arb table
costs, in and out, $10k−$790.788% of the position
Funding, last 7 days+0.556%+$56 on $10k
+Price spread, last 7 days−0.078%−$8 · spread now +0.099%, 7d avg −0.001%
=Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Bitget is 0.100% dearer against OKX than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of −0.001%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX IOST-USDT-SWAP | 0.0009051 | −0.2102 | get 0.1051% / 4h | 2h 30m | $1.6M | $4.1M | 10x |
| Short | Bitget IOSTUSDT | 0.0009060 | −0.1876 | pay 0.0938% / 4h | 2h 30m | $634K | $2.2M | 25x |
OKX IOST-USDT-SWAP
Bitget IOSTUSDTFunding 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
- $47.51
- Price spread: +0.099% → −0.001%
- $10.03
- Slippage, 4 orders
- −$56.76
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$21.22
- Costs to cover
- 0.788%
- Break-even
- 10.1 days
Slippage from OKX: live order book, 2 min ago; Bitget: live order book, 2 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, 2 min ago | 1.66 bp | 19.9 bp −$20 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 2 min ago | 3.88 bp | 21.4 bp −$21 | 84.3 bp −$843 | doesn't fit | doesn't fit |
IOST on 8 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit IOSTUSDT | −0.3863% | 8h | 0.0009057 | +0.066% | $1.9M | $2.1M | 25x | as long as short |
| OKX IOST-USDT-SWAPlong | −0.2102% | 4h | 0.0009051 | long leg | $1.6M | $4.1M | 10x | |
| Binance IOSTUSDT | −0.2020% | 4h | 0.0009065 | +0.157% | $5.9M | $16.2M | 50x | as long as short |
| MEXC IOST_USDT | −0.2010% | 4h | 0.0009069 | +0.199% | $2.0M | $442K | 50x | as long as short |
| Bitget IOSTUSDTshort | −0.1876% | 4h | 0.0009060 | +0.099% | $634K | $2.2M | 25x | |
| Gate IOST_USDT | −0.1268% | 4h | 0.0009050 | −0.011% | $743K | $476K | 25x | as long as short |
| Variational Omni IOST | −0.1239% | 8h | 0.0009022 | −0.325% | $10K | $6K | — | as long as short |
| BingX IOST-USDT | −0.0682% | 4h | 0.0009055 | +0.044% | — | $2.5M | — | as long as short |
Bybit IOSTUSDT
Binance IOSTUSDT
MEXC IOST_USDT
Gate IOST_USDT
Variational Omni IOST
BingX IOST-USDT