Funding you earn now, next payment 05:00 UTC+5.4183%/8h= +5933.1% APRpaid last 24h +9.700%
Price spread now: Gate against OKX−22.502%7-day average — · you buy dearer than you sell
Net, funding: paid 7d − costs+$2,766as in the Funding arb table
Net, price: spread back to 7d avg − costs−$2,773as in the Price arb table
costs, in and out, $10k−$5235.231% of the position
Funding, last 7 days+32.887%+$3,289 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding pays, the price is against you. Gate is 22.502% cheaper against OKX than usual: you would sell low and buy high (spread −22.502% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$2,250 on $10k: about 33 hours of funding at the current rate (+$1,626 a day). At the pace of the last 7 days (+32.887% in total) that is about 4.8 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 32.887% in total (about 1714.8% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX ONE-USDT-SWAP | 0.005195 | −5.4833 | get 0.6854% / 1h | 32m 32s | $6.2M | $236.8M | 10x |
| Short | Gate ONE_USDT | 0.004026 | −0.0650 | pay 0.0650% / 8h | 3h 32m | $1.7M | $15.3M | 20x |
OKX ONE-USDT-SWAP
Gate ONE_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
- $11,378.5
- Price spread: −22.502% → 0.000%
- −$2,250.24
- Slippage, 4 orders
- −$498.06
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- $8,605.21
- Costs to cover
- 5.231%
- Break-even
- 1.7 days
Slippage from OKX: live order book, 2 min ago; Gate: live order book, 1 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 | 2.10 bp | 33.8 bp −$34 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 1 min ago | 4.96 bp | 264.9 bp −$265 | doesn't fit | doesn't fit | doesn't fit |
ONE on 10 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 | |
|---|---|---|---|---|---|---|---|---|
| OKX ONE-USDT-SWAPlong | −5.4833% | 1h | 0.005195 | long leg | $6.2M | $236.8M | 10x | |
| Variational Omni ONE | −0.6149% | 1h | 0.004007 | −22.872% | $99K | $51K | — | as long as short |
| BloFin ONE-USDT | −0.2071% | 1h | 0.004037 | −22.300% | $797K | $2.3M | 50x | as long as short |
| Aster ONEUSDT | −0.1986% | 1h | 0.004044 | −22.155% | $2.1M | $5.8M | 5x | as long as short |
| Bitget ONEUSDT | −0.1928% | 1h | 0.004071 | −21.638% | $1.9M | $31.7M | 20x | as long as short |
| KuCoin ONEUSDTM | −0.1480% | 1h | 0.004209 | −18.980% | $4.0M | $12.4M | 30x | as long as short |
| Binance ONEUSDT | −0.1111% | 1h | 0.004032 | −22.381% | $14.0M | $333.5M | 50x | as long as short |
| MEXC ONE_USDT | −0.1104% | 1h | 0.004047 | −22.100% | $11.1M | $15.1M | 20x | as long as short |
| Gate ONE_USDTshort | −0.0650% | 8h | 0.004026 | −22.502% | $1.7M | $15.3M | 20x | |
| BingX ONE-USDT | −0.0088% | 1h | 0.004033 | −22.370% | — | $5.6M | — | as long as short |
Variational Omni ONE
BloFin ONE-USDT
Aster ONEUSDT
Bitget ONEUSDT
KuCoin ONEUSDTM
Binance ONEUSDT
MEXC ONE_USDT
BingX ONE-USDT