Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against OKX+0.125%7-day average −0.119% · you sell dearer than you buy
Net, funding: paid 7d − costs−$240as in the Funding arb table
Net, price: spread back to 7d avg − costs−$215as in the Price arb table
costs, in and out, $10k−$2402.396% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)−0.240%−$24 · spread now +0.125%, 7d avg −0.119%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.244% dearer against OKX than usual: you sell high and buy low, +$24 on $10k if it goes back to its 7-day average of −0.119%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX ORDER-USDT-SWAP | 0.03999 | 0.0100 | pay 0.0050% / 4h | 35m 06s | $162K | $281K | 20x |
| Short | Bitget ORDERUSDT | 0.04004 | 0.0100 | get 0.0050% / 4h | 35m 06s | $476K | $198K | 20x |
OKX ORDER-USDT-SWAP
Bitget ORDERUSDTFunding 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
- $0
- Price spread: +0.125% → −0.119%
- $24.39
- Slippage, 4 orders
- −$217.6
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$215.22
- Costs to cover
- 2.396%
- Break-even
- never at this rate
Slippage from OKX: live order book, 40 min ago; Bitget: live order book, 36 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, 40 min ago | 2.51 bp | 82.2 bp −$82 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 36 min ago | 8.80 bp | 32.2 bp −$32 | 302.3 bp −$3,023 | doesn't fit | doesn't fit |
ORDER 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance ORDERUSDT | +0.0100% | 4h | 0.04006 | +0.177% | $1.4M | $1.5M | 50x | as long as short |
| Bybit ORDERUSDT | +0.0100% | 8h | 0.03994 | −0.125% | $1.3M | $581K | 20x | as long as short |
| OKX ORDER-USDT-SWAPlong | +0.0100% | 4h | 0.03999 | long leg | $162K | $281K | 20x | |
| Gate ORDER_USDT | +0.0100% | 4h | 0.04003 | +0.100% | $74K | $74K | 20x | as long as short |
| MEXC ORDER_USDT | +0.0100% | 4h | 0.04006 | +0.175% | $270K | $101K | 20x | as long as short |
| KuCoin ORDERUSDTM | +0.0100% | 4h | 0.04001 | +0.050% | $220K | $82K | 30x | as long as short |
| Bitget ORDERUSDTshort | +0.0100% | 4h | 0.04004 | +0.125% | $476K | $198K | 20x | |
| Variational Omni ORDER | +0.0100% | 8h | 0.03995 | −0.099% | $10K | $2K | — | as long as short |
| BloFin ORDER-USDT | +0.0128% | 8h | 0.03998 | −0.025% | $66K | $7K | 16x | as long as short |
| BingX ORDER-USDT | +0.0200% | 4h | 0.04002 | +0.075% | — | $1.3M | — | as long as short |
Binance ORDERUSDT
Bybit ORDERUSDT
Gate ORDER_USDT
MEXC ORDER_USDT
KuCoin ORDERUSDTM
Variational Omni ORDER
BloFin ORDER-USDT
BingX ORDER-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_ORDER_USDC | +0.0942% | 4h | 0.04004 | +0.125% | $189K | $216K | 10x | as long as short |
Orderly PERP_ORDER_USDC