Settings8H · net · $10k
FundingCostsSizeExchangesMy alerts
Funding arb · Price arb /

ONE

all ONE markets
SwapBacktest
Alert: funding
Measured
My alerts

Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Alert: spread
My alerts

Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Funding you earn now, next payment 04:00 UTC+0.0607%/8h= +66.5% APRpaid last 24h −0.442%
Price spread now: Bitget against Gate+1.370%7-day average +2.580% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,423as in the Funding arb table
Net, price: spread back to 7d avg − costs−$722as in the Price arb table
costs, in and out, $10k−$6016.010% of the position
Long on GateShort on Bitget
What this pair did over the last
the charts below follow
Funding, last 7 days−8.221%−$822 on $10k
Price spread, last 7 days−1.021%−$102 · spread now +1.370%, 7d avg +2.580%
Together, before fees−9.241%−$924 on $10k · with fees, hour by hour
Funding pays, the price is against you. Bitget is 1.210% cheaper against Gate than usual: you would sell low and buy high (spread +1.370% now, against its 7-day average of +2.580%). If the spread goes back, that is −$121 on $10k: about 6.6 days of funding at the current rate (+$18 a day). Mind the row above: over the last 7 days funding on this pair cost −8.221%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate ONE_USDT0.004292−0.1631get 0.1631% / 8h4h 57m$1.7M$15.2M20x
ShortBitget ONEUSDT0.004351−0.1024pay 0.0128% / 1h57m 47s$2.0M$33.2M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Gate. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$127.47
Price spread: +1.370% → +2.580%
−$121
Slippage, 4 orders
−$574.05
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$594.58
Costs to cover
6.010%
Break-even
39.7 days
Slippage from Gate: live order book, 1 min ago; Bitget: live order book, 1 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Gate live order book, 1 min ago4.63 bp299.4 bp −$2991333.2 bp −$13.3Kdoesn't fitdoesn't fit
Sell Bitget live order book, 1 min ago3.20 bp38.0 bp −$38doesn't fitdoesn't fitdoesn't fit

ONE on 10 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX ONE-USDT-SWAP−3.1265%1h0.005265+22.670%$6.2M$251.1M10xas long as short
Gate ONE_USDTlong−0.1631%8h0.004292long leg$1.7M$15.2M20x
Aster ONEUSDT−0.1521%1h0.004300+0.186%$2.3M$5.8M5xas long as short
Bitget ONEUSDTshort−0.1024%1h0.004351+1.370%$2.0M$33.2M20x
BloFin ONE-USDT−0.0403%1h0.004370+1.824%$842K$2.7M50xas long as short
Binance ONEUSDT−0.0079%1h0.004313+0.488%$14.9M$338.6M50xas long as short
MEXC ONE_USDT−0.0072%1h0.004310+0.422%$11.6M$15.3M20xas long as short
BingX ONE-USDT−0.0016%1h0.004331+0.902%—$6.0M—as long as short
Variational Omni ONE+0.0100%1h0.004406+2.655%$108K$50K—as long as short
KuCoin ONEUSDTM+0.0968%1h0.004500+4.846%$4.3M$12.7M30xas long as short