Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.009%
Price spread now: OKX against Bitget+0.029%7-day average −0.132% · you sell dearer than you buy
Net, funding: paid 7d − costs−$154as in the Funding arb table
Net, price: spread back to 7d avg − costs−$125as in the Price arb table
costs, in and out, $10k−$1411.413% of the position
Funding, last 7 days−0.122%−$12 on $10k
+Price spread, last 4 days (all we have)−0.276%−$28 · spread now +0.029%, 7d avg −0.132%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.161% dearer against Bitget than usual: you sell high and buy low, +$16 on $10k if it goes back to its 7-day average of −0.132%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget WETUSDT | 0.06894 | 0.0100 | pay 0.0050% / 4h | 3h 15m | $586K | $80K | 25x |
| Short | OKX WET-USDT-SWAP | 0.06896 | 0.0100 | get 0.0050% / 4h | 3h 15m | $705K | $370K | 20x |
Bitget WETUSDT
OKX WET-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
- $0
- Price spread: +0.029% → −0.132%
- $16.15
- Slippage, 4 orders
- −$119.35
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$125.2
- Costs to cover
- 1.413%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 55 min ago; OKX: live order book, 56 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, 55 min ago | 10.01 bp | 33.4 bp −$33 | 285.3 bp −$2,853 | doesn't fit | doesn't fit |
| Sell OKX live order book, 56 min ago | 6.17 bp | 38.4 bp −$38 | doesn't fit | doesn't fit | doesn't fit |
WET on 10 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 WET-USDT | +0.0047% | 4h | 0.06954 | +0.870% | $72K | $7K | 50x | as long as short |
| Bybit WETUSDT | +0.0100% | 4h | 0.06892 | −0.029% | $1.5M | $384K | 50x | as long as short |
| OKX WET-USDT-SWAPshort | +0.0100% | 4h | 0.06896 | +0.029% | $705K | $370K | 20x | |
| Gate WET_USDT | +0.0100% | 8h | 0.06904 | +0.145% | $1.0M | $28K | 50x | as long as short |
| KuCoin WETUSDTM | +0.0100% | 4h | 0.06887 | −0.102% | $720K | $689K | 50x | as long as short |
| Bitget WETUSDTlong | +0.0100% | 4h | 0.06894 | long leg | $586K | $80K | 25x | |
| BingX WET-USDT | +0.0286% | 4h | 0.06895 | +0.015% | — | $6.5M | — | as long as short |
| MEXC WET_USDT | +0.0304% | 4h | 0.06896 | +0.029% | $163K | $87K | 50x | as long as short |
| Binance WETUSDT | +0.0305% | 4h | 0.06896 | +0.032% | $1.2M | $1.4M | 50x | as long as short |
| Aster WETUSDT | +0.1229% | 4h | 0.06882 | −0.180% | $14K | $30K | 5x | as long as short |
BloFin WET-USDT
Bybit WETUSDT
Gate WET_USDT
KuCoin WETUSDTM
BingX WET-USDT
MEXC WET_USDT
Binance WETUSDT
Aster WETUSDT