Funding you earn now, next payment 08:00 UTC−0.0257%/8h= −28.2% APRnext payment −$1.29 per $10,000 · paid last 24h −0.067%
Price spread now: Bitget against OKX−0.054%7-day average −0.056% · you buy dearer than you sell
Net, funding: paid 7d − costs−$206as in the Funding arb table
Net, price: spread back to 7d avg − costs−$160as in the Price arb table
costs, in and out, $10k−$1601.602% of the position
Funding, last 7 days−0.463%−$46 on $10k
+Price spread, last 7 days+0.081%+$8 · spread now −0.054%, 7d avg −0.056%
=The price spread sits at its 7-day average of −0.056%, so right now this pair is about funding alone: −$8 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX O-USDT-SWAP | 0.5561 | 0.0357 | pay 0.0179% / 4h | 14m 26s | $1.5M | $1.2M | 10x |
| Short | Bitget OUSDT | 0.5558 | 0.0100 | get 0.0050% / 4h | 14m 26s | $1.6M | $393K | 10x |
OKX O-USDT-SWAP
Bitget OUSDTFunding 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
- −$54
- Price spread: −0.054% → −0.056%
- $0.24
- Slippage, 4 orders
- −$138.19
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$213.95
- Costs to cover
- 1.602%
- Break-even
- never at this rate
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 | 2.70 bp | 49.4 bp −$49 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 2 min ago | 14.40 bp | 28.6 bp −$29 | 356.3 bp −$3,563 | 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 | +0.0047% | 4h | 0.5561 | 0.000% | $241K | $6K | 20x | as long as short |
| Aster OUSDT | +0.0100% | 4h | 0.5558 | −0.059% | $20K | $53K | 3x | as long as short |
| Binance OUSDT | +0.0100% | 4h | 0.5554 | −0.117% | $4.7M | $2.2M | 10x | as long as short |
| Bybit OUSDT | +0.0100% | 4h | 0.5556 | −0.090% | $681K | $995K | 20x | as long as short |
| Gate O_USDT | +0.0100% | 4h | 0.5549 | −0.216% | $1.5M | $626K | 20x | as long as short |
| KuCoin OUSDTM | +0.0100% | 4h | 0.5557 | −0.072% | $1.3M | $657K | 20x | as long as short |
| Bitget OUSDTshort | +0.0100% | 4h | 0.5558 | −0.054% | $1.6M | $393K | 10x | |
| Variational Omni O | +0.0100% | 4h | 0.5555 | −0.114% | $3K | $518 | — | as long as short |
| OKX O-USDT-SWAPlong | +0.0357% | 4h | 0.5561 | long leg | $1.5M | $1.2M | 10x | |
| MEXC O_USDT | +0.0362% | 4h | 0.5560 | −0.018% | $945K | $169K | 50x | as long as short |
BloFin O-USDT
Aster OUSDT
Binance OUSDT
Bybit OUSDT
Gate O_USDT
KuCoin OUSDTM
Variational Omni O
MEXC O_USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX O-USDT | +0.0392% | 4h | 0.5557 | −0.072% | — | $1.6M | — | as long as short |
BingX O-USDT