Funding you earn now, next payment 04:00 UTC+0.0397%/8h= +43.5% APRpaid last 24h −0.006%
Price spread now: Deribit against OKX+0.149%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$12 a day on $10k at the current rate, and Deribit is 0.149% dearer against OKX than usual: you sell high and buy low: +$15 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX S-USDT-SWAP | 0.04014 | 0.0100 | pay 0.0050% / 4h | 28m 07s | $1.0M | $3.8M | 20x |
| Short | Deribit S_USDC-PERPETUAL | 0.04020 | 0.0497 | get 0.0062% / 1h | 28m 07s | $68K | $10K | 10x |
OKX S-USDT-SWAP
Deribit S_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit against OKX. 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
- $83.33
- Price spread: +0.149% → 0.000%
- $14.95
- Slippage, 4 orders
- no order book: not counted
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- $81.28
- Costs to cover
- 0.170%
- Break-even
- 0.2 days
Slippage unknown: OKX: live order book, 4 min ago; Deribit: no order-book sample. Net counts fees only.
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 OKX live order book, 4 min ago | 3.71 bp | 32.4 bp −$32 | doesn't fit | doesn't fit | doesn't fit |
| Sell Deribit no order-book sample | — | — | — | — | — |
Deribit: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
S on 25 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 | |
|---|---|---|---|---|---|---|---|---|
| 01 Exchange SUSD | −0.7648% | 1h | 0.03910 | −2.591% | $24K | $2K | 5x | as long as short |
| Kraken Futures PF_SUSD | −0.2544% | 1h | 0.04014 | −0.012% | $33K | $13K | 10x | as long as short |
| Coinbase International S-PERP-INTX | −0.1376% | 1h | 0.03986 | −0.698% | $48K | $16K | 25x | as long as short |
| GMX S/USD [WBTC.b-USDC] | L −0.0206% / S +0.0198% | 1h | 0.04018 | +0.107% | $1K | — | 100x | as long as short |
| Reya SRUSDPERP | −0.0101% | 1h | 0.04017 | +0.077% | $4 | — | 15x | as long as short |
| gTrade (Gains Network) S/USD | L +0.0001% / S +0.0006% | 1h | 0.04019 | +0.113% | $3K | — | 150x | as long as short |
| Variational Omni S | +0.0020% | 4h | 0.04025 | +0.281% | $624K | $30K | — | as long as short |
| Injective S/USDC PERP | +0.0033% | 1h | 0.04100 | +2.143% | $2K | $37K | 12x | as long as short |
| Orderly PERP_S_USDC | +0.0064% | 4h | 0.04016 | +0.050% | $99K | $296K | 10x | as long as short |
| Lighter S | +0.0096% | 1h | 0.04020 | +0.149% | $168K | $156K | 5x | as long as short |
01 Exchange SUSD
Kraken Futures PF_SUSD
Coinbase International S-PERP-INTX
GMX S/USD [WBTC.b-USDC]
Reya SRUSDPERP
gTrade (Gains Network) S/USD
Variational Omni S
Injective S/USDC PERP
Orderly PERP_S_USDC
Lighter SShow all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid S | +0.0100% | 1h | 0.04018 | +0.087% | $1.0M | $555K | 5x | as long as short |
| Aster SUSDT | +0.0100% | 4h | 0.04020 | +0.142% | $44K | $131K | 10x | as long as short |
| Binance SUSDT | +0.0100% | 4h | 0.04015 | +0.015% | $5.5M | $13.7M | 75x | as long as short |
| Bybit SUSDT | +0.0100% | 4h | 0.04010 | −0.100% | $5.8M | $4.5M | 50x | as long as short |
| OKX S-USDT-SWAPlong | +0.0100% | 4h | 0.04014 | long leg | $1.0M | $3.8M | 20x | |
| Gate S_USDT | +0.0100% | 4h | 0.04020 | +0.149% | $329K | $188K | 50x | as long as short |
| MEXC S_USDT | +0.0100% | 4h | 0.04015 | +0.025% | $3.8M | $1.8M | 200x | as long as short |
| KuCoin SUSDTM | +0.0100% | 4h | 0.04019 | +0.125% | $1.9M | $2.7M | 50x | as long as short |
| Bitget SUSDT | +0.0100% | 4h | 0.04018 | +0.100% | $1.2M | $2.1M | 50x | as long as short |
| BingX S-USDT | +0.0100% | 4h | 0.04017 | +0.075% | — | $6.8M | — | as long as short |
| ApeX Omni SUSDT | +0.0100% | 1h | 0.04030 | +0.399% | $24K | $459K | 50x | as long as short |
| Extended S-USD | +0.0104% | 1h | 0.04014 | −0.007% | $230K | $1.1M | 10x | as long as short |
| BloFin S-USDT | +0.0340% | 4h | 0.04040 | +0.648% | $279K | $98K | 75x | as long as short |
| Deribit S_USDC-PERPETUALshort | +0.0497% | 1h | 0.04020 | +0.149% | $68K | $10K | 10x | |
| Backpack S_USDC_PERP | +0.1051% | 1h | 0.04020 | +0.149% | $117K | $406K | 5x | as long as short |
Hyperliquid S
Aster SUSDT
Binance SUSDT
Bybit SUSDT
Gate S_USDT
MEXC S_USDT
KuCoin SUSDTM
Bitget SUSDT
BingX S-USDT
ApeX Omni SUSDT
Extended S-USD
BloFin S-USDT
Backpack S_USDC_PERP