Funding arb · Price arb /

SPACE

all SPACE markets

Swap Backtest

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 −0.098%

Price spread now: OKX against Gate+0.256%7-day average −0.053% · you sell dearer than you buy

Net, funding: paid 7d − costs−$338as in the Funding arb table

Net, price: spread back to 7d avg − costs−$259as in the Price arb table

costs, in and out, $10k−$2892.894% of the position

Long on Gate Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.487%−$49 on $10k

Price spread, last 4 days (all we have)−0.410%−$41 · spread now +0.256%, 7d avg −0.053%

Together, before fees−0.897%−$90 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: OKX is 0.309% dearer against Gate than usual: you sell high and buy low, +$31 on $10k if it goes back to its 7-day average of −0.053%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate SPACE_USDT	0.005080	0.0100	pay 0.0050% / 4h	3h 43m	$764K	$407K	20x
Short	OKX SPACE-USDT-SWAP	0.005093	0.0100	get 0.0050% / 4h	3h 43m	$1.5M	$1.2M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX against Gate. 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

Position, each leg$Hold fordaysFee GatebpFee OKXbpOrdersPrice spread, now +0.256%Rate

Funding earned: $0
Price spread: +0.256% → −0.053%: $30.86
Slippage, 4 orders: −$264.41
Fee Gate: 7.5 bp × 2 orders: −$15
Fee OKX: 5 bp × 2 orders: −$10
Net: −$258.55
Costs to cover: 2.894%
Break-even: never at this rate

Slippage from Gate: live order book, 28 min ago; OKX: live order book, 3 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 Gate live order book, 28 min ago	8.87 bp	113.5 bp −$114	5036.1 bp −$50.4K	doesn't fit	doesn't fit
Sell OKX live order book, 3 min ago	4.92 bp	51.1 bp −$51	doesn't fit	doesn't fit	doesn't fit

SPACE on 9 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
BloFin SPACE-USDT	+0.0043%	4h	0.005094	+0.276%	$159K	$8K	50x	as long as short
Binance SPACEUSDT	+0.0100%	4h	0.005102	+0.433%	$1.9M	$2.0M	50x	as long as short
Bybit SPACEUSDT	+0.0100%	4h	0.005096	+0.315%	$784K	$165K	13x	as long as short
OKX SPACE-USDT-SWAPshort	+0.0100%	4h	0.005093	+0.256%	$1.5M	$1.2M	20x
Gate SPACE_USDTlong	+0.0100%	4h	0.005080	long leg	$764K	$407K	20x
MEXC SPACE_USDT	+0.0100%	4h	0.005093	+0.256%	$403K	$150K	20x	as long as short
KuCoin SPACEUSDTM	+0.0100%	4h	0.005078	−0.039%	$641K	$104K	20x	as long as short
Bitget SPACEUSDT	+0.0100%	4h	0.005076	−0.079%	$885K	$238K	20x	as long as short
Aster SPACEUSDT	+0.0863%	4h	0.005086	+0.118%	$15K	$30K	5x	as long as short