Funding you earn now, next payment 00:00 UTC−0.0114%/8h= −12.5% APRpaid last 24h −0.037%
Price spread now: Bitget against OKX−0.090%7-day average +0.147% · you buy dearer than you sell
Net, funding: paid 7d − costs−$182as in the Funding arb table
Net, price: spread back to 7d avg − costs−$181as 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)+0.112%+$11 · spread now −0.090%, 7d avg +0.147%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Bitget is 0.237% cheaper against OKX than usual: you would sell low and buy high (−$24 if the spread goes back to its 7-day average of +0.147%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX SATS-USDT-SWAP | 0.00000001226 | 0.0100 | pay 0.0100% / 8h | 58m 05s | $821K | $3.0M | 10x |
| Short | Bitget 1000SATSUSDT | 0.00000001225 | −0.0014 | pay 0.0007% / 4h | 58m 05s | $722K | $215K | 25x |
OKX SATS-USDT-SWAP
Bitget 1000SATSUSDTFunding 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$23.94
- Price spread: −0.090% → +0.147%
- −$23.65
- Slippage, 4 orders
- −$135.22
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$204.81
- Costs to cover
- 1.572%
- Break-even
- never at this rate
Slippage from OKX: live order book, 4 min ago; Bitget: live order book, 17 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 OKX live order book, 4 min ago | 2.86 bp | 44.1 bp −$44 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 17 min ago | 4.11 bp | 48.8 bp −$49 | 286.8 bp −$2,868 | 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 1000SATSUSDTshort | −0.0014% | 4h | 0.00000001225 | −0.090% | $722K | $215K | 25x | |
| Binance 1000SATSUSDT | +0.0100% | 4h | 0.00000001224 | −0.171% | $2.1M | $5.1M | 25x | as long as short |
| Bybit 10000SATSUSDT | +0.0100% | 4h | 0.00000001226 | −0.016% | $284K | $856K | 13x | as long as short |
| OKX SATS-USDT-SWAPlong | +0.0100% | 8h | 0.00000001226 | long leg | $821K | $3.0M | 10x | |
| Gate SATS_USDT | +0.0100% | 4h | 0.00000001225 | −0.090% | $354K | $238K | 25x | as long as short |
| MEXC SATS_USDT | +0.0100% | 8h | 0.00000001227 | +0.073% | $359K | $177K | 100x | as long as short |
| KuCoin 10000SATSUSDTM | +0.0100% | 4h | 0.00000001226 | −0.008% | $220K | $83K | 10x | as long as short |
| BingX 10000SATS-USDT | +0.0100% | 4h | 0.00000001227 | +0.073% | — | $90.8M | — | as long as short |
Binance 1000SATSUSDT
Bybit 10000SATSUSDT
Gate SATS_USDT
MEXC SATS_USDT
KuCoin 10000SATSUSDTM
BingX 10000SATS-USDT