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

PROS

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.003%
Price spread now: Gate against OKX+0.382%7-day average +0.074% · you sell dearer than you buy
Net, funding: paid 7d − costs−$441as in the Funding arb table
Net, price: spread back to 7d avg − costs−$417as in the Price arb table
costs, in and out, $10k−$4484.479% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.067%+$7 on $10k
Price spread, last 4 days (all we have)−0.339%−$34 · spread now +0.382%, 7d avg +0.074%
Together, before fees−0.273%−$27 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: Gate is 0.308% dearer against OKX than usual: you sell high and buy low, +$31 on $10k if it goes back to its 7-day average of +0.074%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX PROS-USDT-SWAP0.57620.0100pay 0.0050% / 4h2h 43m$890K$1.5M20x
ShortGate PROS_USDT0.57840.0100get 0.0050% / 4h2h 43m$363K$71K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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: +0.382% → +0.074%
$30.78
Slippage, 4 orders
−$422.94
Fee OKX: 5 bp × 2 orders
−$10
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$417.17
Costs to cover
4.479%
Break-even
never at this rate
Slippage from OKX: live order book, 4 min ago; Gate: live order book, 2 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, 4 min ago3.46 bp26.3 bp −$26doesn't fitdoesn't fitdoesn't fit
Sell Gate live order book, 2 min ago10.36 bp302.6 bp −$303doesn'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−0.0010%4h0.5778+0.278%$1.0M$578K20xas long as short
OKX PROS-USDT-SWAPlong+0.0100%4h0.5762long leg$890K$1.5M20x
Gate PROS_USDTshort+0.0100%4h0.5784+0.382%$363K$71K20x
Bitget PROSUSDT+0.0100%4h0.5781+0.330%$1.2M$442K20xas long as short
Aster PROSUSDT+0.0650%4h0.5784+0.374%$28K$16K5xas long as short