Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: OKX against Gate+0.055%7-day average +0.005% · you sell dearer than you buy
Net, funding: paid 7d − costs−$132as in the Funding arb table
Net, price: spread back to 7d avg − costs−$79as in the Price arb table
costs, in and out, $10k−$840.838% of the position
Funding, last 7 days−0.480%−$48 on $10k
+Price spread, last 7 days+0.008%+$1 · spread now +0.055%, 7d avg +0.005%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.050% dearer against Gate than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of +0.005%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate PI_USDT | 0.09090 | 0.0100 | pay 0.0050% / 4h | 3h 42m | $2.7M | $2.1M | 50x |
| Short | OKX PI-USDT-SWAP | 0.09095 | 0.0100 | get 0.0050% / 4h | 3h 42m | $2.7M | $6.1M | 20x |
Gate PI_USDT
OKX PI-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against Gate. 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: +0.055% → +0.005%
- $5.02
- Slippage, 4 orders
- −$58.81
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$78.78
- Costs to cover
- 0.838%
- Break-even
- never at this rate
Slippage from Gate: live order book, 6 min ago; OKX: live order book, 6 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 Gate live order book, 6 min ago | 5.51 bp | 26.3 bp −$26 | 133.8 bp −$1,338 | doesn't fit | doesn't fit |
| Sell OKX live order book, 6 min ago | 1.65 bp | 12.5 bp −$13 | 64.7 bp −$647 | doesn't fit | doesn't fit |
PI on 6 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget PIUSDT | −0.0210% | 4h | 0.09080 | −0.110% | $4.9M | $1.7M | 50x | as long as short |
| Injective PI/USDC PERP | +0.0033% | 1h | 0.09090 | 0.000% | $1 | $75K | 5.5x | as long as short |
| OKX PI-USDT-SWAPshort | +0.0100% | 4h | 0.09095 | +0.055% | $2.7M | $6.1M | 20x | |
| Gate PI_USDTlong | +0.0100% | 4h | 0.09090 | long leg | $2.7M | $2.1M | 50x | |
| MEXC PI_USDT | +0.0100% | 4h | 0.09090 | 0.000% | $9.3M | $1.3M | 125x | as long as short |
| BingX PI-USDT | +0.0100% | 4h | 0.09096 | +0.066% | — | $6.6M | — | as long as short |
Bitget PIUSDT
Injective PI/USDC PERP
MEXC PI_USDT
BingX PI-USDT