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
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%
=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%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget PROSUSDT | 0.5688 | 0.0100 | pay 0.0050% / 4h | 2h 31m | $1.2M | $438K | 20x |
| Short | OKX PROS-USDT-SWAP | 0.5682 | 0.0100 | get 0.0050% / 4h | 2h 31m | $872K | $1.4M | 20x |
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 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: −0.105% → −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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Bitget live order book, 5 min ago | 10.56 bp | 32.5 bp −$32 | 330.4 bp −$3,304 | doesn't fit | doesn't fit |
| Sell OKX live order book, 5 min ago | 4.41 bp | 32.3 bp −$32 | doesn't fit | doesn't fit | doesn't fit |
PROS on 5 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin PROSUSDTM | −0.0740% | 4h | 0.5680 | −0.141% | $1.0M | $594K | 20x | as long as short |
| OKX PROS-USDT-SWAPshort | +0.0100% | 4h | 0.5682 | −0.105% | $872K | $1.4M | 20x | |
| Gate PROS_USDT | +0.0100% | 4h | 0.5686 | −0.035% | $358K | $140K | 20x | as long as short |
| Bitget PROSUSDTlong | +0.0100% | 4h | 0.5688 | long leg | $1.2M | $438K | 20x | |
| Aster PROSUSDT | +0.0345% | 4h | 0.5690 | +0.037% | $29K | $15K | 5x | as long as short |
Bitget PROSUSDT
OKX PROS-USDT-SWAP
KuCoin PROSUSDTM
Gate PROS_USDT
Aster PROSUSDT