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: Gate against OKX0.000%7-day average −0.117% · you sell dearer than you buy
Net, funding: paid 7d − costs−$637as in the Funding arb table
Net, price: spread back to 7d avg − costs−$586as 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−0.086%−$9 · spread now 0.000%, 7d avg −0.117%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.117% dearer against OKX than usual: you sell high and buy low, +$12 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 | OKX O-USDT-SWAP | 0.5565 | 0.0100 | pay 0.0050% / 4h | 53m 49s | $1.5M | $1.1M | 10x |
| Short | Gate O_USDT | 0.5565 | 0.0100 | get 0.0050% / 4h | 53m 49s | $1.5M | $527K | 20x |
Funding 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
- $0
- Price spread: 0.000% → −0.117%
- $11.66
- Slippage, 4 orders
- −$572.24
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$585.58
- Costs to cover
- 5.972%
- Break-even
- never at this rate
Slippage from OKX: live order book, 3 min ago; Gate: live order book, 3 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 | 6.29 bp | 50.3 bp −$50 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 3 min ago | 12.59 bp | 300.9 bp −$301 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster OUSDT | +0.0100% | 4h | 0.5565 | +0.005% | $20K | $51K | 3x | as long as short |
| Binance OUSDT | +0.0100% | 4h | 0.5571 | +0.117% | $4.7M | $1.9M | 10x | as long as short |
| OKX O-USDT-SWAPlong | +0.0100% | 4h | 0.5565 | long leg | $1.5M | $1.1M | 10x | |
| Gate O_USDTshort | +0.0100% | 4h | 0.5565 | 0.000% | $1.5M | $527K | 20x | |
| MEXC O_USDT | +0.0100% | 4h | 0.5565 | 0.000% | $960K | $175K | 50x | as long as short |
| KuCoin OUSDTM | +0.0100% | 4h | 0.5572 | +0.126% | $1.3M | $705K | 20x | as long as short |
| Bitget OUSDT | +0.0100% | 4h | 0.5571 | +0.108% | $1.6M | $317K | 10x | as long as short |
| BingX O-USDT | +0.0100% | 4h | 0.5569 | +0.072% | — | $1.6M | — | as long as short |
| Variational Omni O | +0.0100% | 4h | 0.5569 | +0.073% | $3K | $535 | — | as long as short |
| Bybit OUSDT | +0.0101% | 4h | 0.5574 | +0.162% | $710K | $937K | 20x | as long as short |
Show all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin O-USDT | +0.0101% | 4h | 0.5572 | +0.126% | $240K | $6K | 20x | as long as short |
OKX O-USDT-SWAP
Gate O_USDT
Aster OUSDT
Binance OUSDT
MEXC O_USDT
KuCoin OUSDTM
Bitget OUSDT
BingX O-USDT
Variational Omni O
Bybit OUSDT
BloFin O-USDT