Funding you earn now, next payment 12:00 UTC+0.1540%/8h= +168.7% APRnext payment +$7.70 per $10,000 · paid last 24h +0.222%
Price spread now: Gate against OKX−0.022%7-day average −0.097% · you buy dearer than you sell
Net, funding: paid 7d − costs−$236as in the Funding arb table
Net, price: spread back to 7d avg − costs−$171as in the Price arb table
costs, in and out, $10k−$1781.783% of the position
Funding, last 7 days−0.582%−$58 on $10k
+Price spread, last 4 days (all we have)−0.186%−$19 · spread now −0.022%, 7d avg −0.097%
=Both sides work for this trade now. Funding pays +$46 a day on $10k at the current rate, and Gate is 0.075% dearer against OKX than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of −0.097%. Mind the row above: over the last 7 days funding on this pair cost −0.582%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.582% in total (about -30.3% a year). A funding rate is set anew for every payment; at this rate the next one is about +$7.70 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 IOST-USDT-SWAP | 0.0008902 | −0.1506 | get 0.0753% / 4h | 3h 39m | $1.5M | $3.9M | 10x |
| Short | Gate IOST_USDT | 0.0008900 | 0.0034 | get 0.0017% / 4h | 3h 39m | $676K | $532K | 25x |
OKX IOST-USDT-SWAP
Gate IOST_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- $323.46
- Price spread: −0.022% → −0.097%
- $7.5
- Slippage, 4 orders
- −$153.3
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- $152.66
- Costs to cover
- 1.783%
- Break-even
- 3.7 days
Slippage from OKX: live order book, 3 min ago; Gate: live order book, 57 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, 3 min ago | 0.56 bp | 17.2 bp −$17 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 57 min ago | 5.63 bp | 74.5 bp −$74 | doesn't fit | doesn't fit | doesn't fit |
IOST on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| OKX IOST-USDT-SWAPlong | −0.1506% | 4h | 0.0008902 | long leg | $1.5M | $3.9M | 10x | |
| Bybit IOSTUSDT | −0.1273% | 8h | 0.0008899 | −0.034% | $1.9M | $1.9M | 25x | as long as short |
| Binance IOSTUSDT | −0.1103% | 4h | 0.0008898 | −0.045% | $5.7M | $16.2M | 50x | as long as short |
| MEXC IOST_USDT | −0.1098% | 4h | 0.0008898 | −0.045% | $1.8M | $457K | 50x | as long as short |
| BloFin IOST-USDT | −0.1078% | 4h | 0.0008940 | +0.427% | $295K | $2.0M | 50x | as long as short |
| Variational Omni IOST | −0.0963% | 8h | 0.0008937 | +0.393% | $10K | $5K | — | as long as short |
| Bitget IOSTUSDT | −0.0952% | 4h | 0.0008901 | −0.011% | $638K | $2.1M | 25x | as long as short |
| BingX IOST-USDT | −0.0386% | 4h | 0.0008898 | −0.045% | — | $2.4M | — | as long as short |
| Gate IOST_USDTshort | +0.0034% | 4h | 0.0008900 | −0.022% | $676K | $532K | 25x |
Bybit IOSTUSDT
Binance IOSTUSDT
MEXC IOST_USDT
BloFin IOST-USDT
Variational Omni IOST
Bitget IOSTUSDT
BingX IOST-USDT