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

PROS

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.017%
Price spread now: OKX against Bitget−0.105%7-day average −0.068% · you buy dearer than you sell
Net, funding: paid 7d − costs−$151as in the Funding arb table
Net, price: spread back to 7d avg − costs−$141as in the Price arb table
costs, in and out, $10k−$1381.376% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.136%−$14 on $10k
Price spread, last 4 days (all we have)+0.084%+$8 · spread now −0.105%, 7d avg −0.068%
Together, before fees−0.052%−$5 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.038% cheaper against Bitget than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of −0.068%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget PROSUSDT0.56880.0100pay 0.0050% / 4h2h 31m$1.2M$438K20x
ShortOKX PROS-USDT-SWAP0.56820.0100get 0.0050% / 4h2h 31m$872K$1.4M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX against Bitget. 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
$0
Price spread: −0.105% → −0.068%
−$3.78
Slippage, 4 orders
−$115.56
Fee Bitget: 6 bp × 2 orders
−$12
Fee OKX: 5 bp × 2 orders
−$10
Net
−$141.35
Costs to cover
1.376%
Break-even
never at this rate
Slippage from Bitget: live order book, 5 min ago; OKX: live order book, 5 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 Bitget live order book, 5 min ago10.56 bp32.5 bp −$32330.4 bp −$3,304doesn't fitdoesn't fit
Sell OKX live order book, 5 min ago4.41 bp32.3 bp −$32doesn't fitdoesn't fitdoesn't fit

PROS on 5 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
KuCoin PROSUSDTM−0.0740%4h0.5680−0.141%$1.0M$594K20xas long as short
OKX PROS-USDT-SWAPshort+0.0100%4h0.5682−0.105%$872K$1.4M20x
Gate PROS_USDT+0.0100%4h0.5686−0.035%$358K$140K20xas long as short
Bitget PROSUSDTlong+0.0100%4h0.5688long leg$1.2M$438K20x
Aster PROSUSDT+0.0345%4h0.5690+0.037%$29K$15K5xas long as short