Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.003%
Price spread now: OKX against Gate−0.208%7-day average −0.075% · you buy dearer than you sell
Net, funding: paid 7d − costs−$390as in the Funding arb table
Net, price: spread back to 7d avg − costs−$397as in the Price arb table
costs, in and out, $10k−$3843.837% of the position
Funding, last 7 days−0.066%−$7 on $10k
+Price spread, last 4 days (all we have)+0.246%+$25 · spread now −0.208%, 7d avg −0.075%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.133% cheaper against Gate than usual: you would sell low and buy high, −$13 on $10k if it goes back to its 7-day average of −0.075%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate PROS_USDT | 0.5765 | 0.0100 | pay 0.0050% / 4h | 52m 46s | $363K | $139K | 20x |
| Short | OKX PROS-USDT-SWAP | 0.5753 | 0.0100 | get 0.0050% / 4h | 52m 46s | $888K | $1.5M | 20x |
Gate PROS_USDT
OKX PROS-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: −0.208% → −0.075%
- −$13.27
- Slippage, 4 orders
- −$358.66
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$396.94
- Costs to cover
- 3.837%
- Break-even
- never at this rate
Slippage from Gate: live order book, 2 min ago; OKX: live order book, 4 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, 2 min ago | 13.02 bp | 199.9 bp −$200 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 4 min ago | 4.35 bp | 38.7 bp −$39 | 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 | −0.0290% | 4h | 0.5760 | −0.087% | $1.0M | $601K | 20x | as long as short |
| OKX PROS-USDT-SWAPshort | +0.0100% | 4h | 0.5753 | −0.208% | $888K | $1.5M | 20x | |
| Gate PROS_USDTlong | +0.0100% | 4h | 0.5765 | long leg | $363K | $139K | 20x | |
| Bitget PROSUSDT | +0.0100% | 4h | 0.5772 | +0.121% | $1.2M | $450K | 20x | as long as short |
| Aster PROSUSDT | +0.0821% | 4h | 0.5765 | 0.000% | $30K | $15K | 5x | as long as short |
KuCoin PROSUSDTM
Bitget PROSUSDT
Aster PROSUSDT