Funding you earn now, next payment 00:00 UTC+0.0112%/8h= +12.3% APRpaid last 24h +0.037%
Price spread now: OKX against Bitget+0.147%7-day average −0.147% · you sell dearer than you buy
Net, funding: paid 7d − costs−$133as in the Funding arb table
Net, price: spread back to 7d avg − costs−$128as in the Price arb table
costs, in and out, $10k−$1571.572% of the position
Funding, last 7 days+0.244%+$24 on $10k
+Price spread, last 4 days (all we have)−0.169%−$17 · spread now +0.147%, 7d avg −0.147%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and OKX is 0.294% dearer against Bitget than usual: you sell high and buy low: +$29 more if the spread goes back to its 7-day average of −0.147%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget 1000SATSUSDT | 0.00000001225 | −0.0012 | get 0.0006% / 4h | 56m 21s | $722K | $215K | 25x |
| Short | OKX SATS-USDT-SWAP | 0.00000001227 | 0.0100 | get 0.0100% / 8h | 56m 21s | $821K | $3.0M | 10x |
Bitget 1000SATSUSDT
OKX SATS-USDT-SWAPFunding 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
- $23.52
- Price spread: +0.147% → −0.147%
- $29.37
- Slippage, 4 orders
- −$135.22
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$104.32
- Costs to cover
- 1.572%
- Break-even
- 38.0 days
Slippage from Bitget: live order book, 19 min ago; OKX: live order book, 6 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, 19 min ago | 4.11 bp | 29.5 bp −$30 | 387.4 bp −$3,874 | doesn't fit | doesn't fit |
| Sell OKX live order book, 6 min ago | 2.86 bp | 34.8 bp −$35 | doesn't fit | doesn't fit | doesn't fit |
SATS on 8 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget 1000SATSUSDTlong | −0.0012% | 4h | 0.00000001225 | long leg | $722K | $215K | 25x | |
| Binance 1000SATSUSDT | +0.0100% | 4h | 0.00000001225 | 0.000% | $2.1M | $5.1M | 25x | as long as short |
| Bybit 10000SATSUSDT | +0.0100% | 4h | 0.00000001227 | +0.147% | $285K | $856K | 13x | as long as short |
| OKX SATS-USDT-SWAPshort | +0.0100% | 8h | 0.00000001227 | +0.147% | $821K | $3.0M | 10x | |
| Gate SATS_USDT | +0.0100% | 4h | 0.00000001225 | 0.000% | $354K | $238K | 25x | as long as short |
| MEXC SATS_USDT | +0.0100% | 8h | 0.00000001226 | +0.082% | $375K | $179K | 100x | as long as short |
| KuCoin 10000SATSUSDTM | +0.0100% | 4h | 0.00000001227 | +0.163% | $220K | $83K | 10x | as long as short |
| BingX 10000SATS-USDT | +0.0100% | 4h | 0.00000001226 | +0.082% | — | $90.8M | — | as long as short |
Binance 1000SATSUSDT
Bybit 10000SATSUSDT
Gate SATS_USDT
MEXC SATS_USDT
KuCoin 10000SATSUSDTM
BingX 10000SATS-USDT