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: Bitget against OKX+0.423%7-day average +0.064% · you sell dearer than you buy
Net, funding: paid 7d − costs−$151as in the Funding arb table
Net, price: spread back to 7d avg − costs−$129as in the Price arb table
costs, in and out, $10k−$1651.645% 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)−0.431%−$43 · spread now +0.423%, 7d avg +0.064%
Together, before fees−0.295%−$30 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: Bitget is 0.359% dearer against OKX than usual: you sell high and buy low, +$36 on $10k if it goes back to its 7-day average of +0.064%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX PROS-USDT-SWAP0.56720.0100pay 0.0050% / 4h2h 54m$869K$1.4M20x
ShortBitget PROSUSDT0.56960.0100get 0.0050% / 4h2h 54m$1.2M$438K20x

Funding 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 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: +0.423% → +0.064%
$35.89
Slippage, 4 orders
−$142.52
Fee OKX: 5 bp × 2 orders
−$10
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$128.63
Costs to cover
1.645%
Break-even
never at this rate
Slippage from OKX: live order book, 2 min ago; Bitget: live order book, 1 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 OKX live order book, 2 min ago6.17 bp41.0 bp −$41doesn't fitdoesn't fitdoesn't fit
Sell Bitget live order book, 1 min ago10.56 bp47.8 bp −$48242.6 bp −$2,426doesn'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−0.0310%4h0.5677+0.088%$1.0M$593K20xas long as short
OKX PROS-USDT-SWAPlong+0.0100%4h0.5672long leg$869K$1.4M20x
Gate PROS_USDT+0.0100%4h0.5682+0.176%$357K$140K20xas long as short
Bitget PROSUSDTshort+0.0100%4h0.5696+0.423%$1.2M$438K20x
Aster PROSUSDT+0.0576%4h0.5691+0.335%$29K$15K5xas long as short