Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.078%
Price spread now: OKX against Gate−0.054%7-day average +0.117% · you buy dearer than you sell
Net, funding: paid 7d − costs−$558as in the Funding arb table
Net, price: spread back to 7d avg − costs−$614as in the Price arb table
costs, in and out, $10k−$5975.972% of the position
Funding, last 7 days+0.396%+$40 on $10k
+Price spread, last 7 days+0.140%+$14 · spread now −0.054%, 7d avg +0.117%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.171% cheaper against Gate than usual: you would sell low and buy high, −$17 on $10k if it goes back to its 7-day average of +0.117%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate O_USDT | 0.5560 | 0.0100 | pay 0.0050% / 4h | 52m 29s | $1.5M | $528K | 20x |
| Short | OKX O-USDT-SWAP | 0.5557 | 0.0100 | get 0.0050% / 4h | 52m 29s | $1.5M | $1.1M | 10x |
Gate O_USDT
OKX O-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: −0.054% → +0.117%
- −$17.06
- Slippage, 4 orders
- −$572.24
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$614.3
- Costs to cover
- 5.972%
- Break-even
- never at this rate
Slippage from Gate: live order book, 5 min ago; OKX: 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 Gate live order book, 5 min ago | 12.59 bp | 201.1 bp −$201 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 4 min ago | 6.29 bp | 44.9 bp −$45 | doesn't fit | doesn't fit | doesn't fit |
O 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin O-USDT | +0.0098% | 4h | 0.5572 | +0.216% | $240K | $6K | 20x | as long as short |
| Aster OUSDT | +0.0100% | 4h | 0.5562 | +0.027% | $20K | $51K | 3x | as long as short |
| Binance OUSDT | +0.0100% | 4h | 0.5555 | −0.090% | $4.7M | $2.0M | 10x | as long as short |
| OKX O-USDT-SWAPshort | +0.0100% | 4h | 0.5557 | −0.054% | $1.5M | $1.1M | 10x | |
| Gate O_USDTlong | +0.0100% | 4h | 0.5560 | long leg | $1.5M | $528K | 20x | |
| MEXC O_USDT | +0.0100% | 4h | 0.5560 | 0.000% | $959K | $175K | 50x | as long as short |
| KuCoin OUSDTM | +0.0100% | 4h | 0.5568 | +0.144% | $1.3M | $705K | 20x | as long as short |
| Bitget OUSDT | +0.0100% | 4h | 0.5557 | −0.054% | $1.6M | $317K | 10x | as long as short |
| BingX O-USDT | +0.0100% | 4h | 0.5562 | +0.036% | — | $1.6M | — | as long as short |
| Variational Omni O | +0.0100% | 4h | 0.5569 | +0.163% | $3K | $535 | — | as long as short |
BloFin O-USDT
Aster OUSDT
Binance OUSDT
MEXC O_USDT
KuCoin OUSDTM
Bitget OUSDT
BingX O-USDT
Variational Omni OShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit OUSDT | +0.0101% | 4h | 0.5552 | −0.144% | $707K | $937K | 20x | as long as short |
Bybit OUSDT