Funding you earn now, next payment 04:00 UTC−0.0080%/8h= −8.7% APRpaid last 24h −0.080%
Price spread now: Gate against OKX0.000%7-day average −0.018% · you sell dearer than you buy
Net, funding: paid 7d − costs−$249as in the Funding arb table
Net, price: spread back to 7d avg − costs−$210as in the Price arb table
costs, in and out, $10k−$2122.117% of the position
Funding, last 7 days−0.370%−$37 on $10k
+Price spread, last 4 days (all we have)+0.142%+$14 · spread now 0.000%, 7d avg −0.018%
=The price spread sits at its 7-day average of −0.018%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX LIGHT-USDT-SWAP | 0.1825 | 0.0277 | pay 0.0138% / 4h | 3h 43m | $916K | $1.3M | 10x |
| Short | Gate LIGHT_USDT | 0.1825 | 0.0197 | get 0.0197% / 8h | 7h 43m | $2.3M | $551K | 10x |
OKX LIGHT-USDT-SWAP
Gate LIGHT_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
- −$16.77
- Price spread: 0.000% → −0.018%
- $1.77
- Slippage, 4 orders
- −$186.74
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$226.74
- Costs to cover
- 2.117%
- Break-even
- never at this rate
Slippage from OKX: live order book, 3 min ago; Gate: live order book, 4 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 | 2.75 bp | 37.1 bp −$37 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 4 min ago | 2.75 bp | 53.0 bp −$53 | doesn't fit | doesn't fit | doesn't fit |
LIGHT 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 | |
|---|---|---|---|---|---|---|---|---|
| SunX LIGHT-USDT | +0.0100% | 4h | 0.1823 | −0.110% | $2K | $1.4M | 20x | as long as short |
| Gate LIGHT_USDTshort | +0.0197% | 8h | 0.1825 | 0.000% | $2.3M | $551K | 10x | |
| OKX LIGHT-USDT-SWAPlong | +0.0277% | 4h | 0.1825 | long leg | $916K | $1.3M | 10x | |
| Aster LIGHTUSDT | +0.0517% | 4h | 0.1824 | −0.060% | $22K | $6K | 5x | as long as short |
| BloFin LIGHT-USDT | +0.0575% | 4h | 0.1823 | −0.110% | $237K | $12K | 10x | as long as short |
| MEXC LIGHT_USDT | +0.0590% | 4h | 0.1824 | −0.055% | $1.4M | $287K | 50x | as long as short |
| Binance LIGHTUSDT | +0.0592% | 4h | 0.1825 | 0.000% | $4.2M | $3.0M | 10x | as long as short |
| KuCoin LIGHTUSDTM | +0.0656% | 4h | 0.1822 | −0.142% | $2.0M | $2.5M | 10x | as long as short |
| Bybit LIGHTUSDT | +0.2636% | 4h | 0.1824 | −0.066% | $2.2M | $603K | 13x | as long as short |
SunX LIGHT-USDT
Aster LIGHTUSDT
BloFin LIGHT-USDT
MEXC LIGHT_USDT
Binance LIGHTUSDT
KuCoin LIGHTUSDTM
Bybit LIGHTUSDT