Funding you earn now, next payment 08:00 UTC+0.0031%/8h= +3.4% APRpaid last 24h 0.000%
Price spread now: Gate against OKX+0.131%7-day average +0.195% · you sell dearer than you buy
Net, funding: paid 7d − costs−$585as in the Funding arb table
Net, price: spread back to 7d avg − costs−$594as in the Price arb table
costs, in and out, $10k−$5885.879% of the position
Funding, last 7 days+0.032%+$3 on $10k
+Price spread, last 7 days+0.053%+$5 · spread now +0.131%, 7d avg +0.195%
=Funding pays, the price is against you. Gate is 0.064% cheaper against OKX than usual: you would sell low and buy high (spread +0.131% now, against its 7-day average of +0.195%). If the spread goes back, that is −$6 on $10k: about 6.9 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.032% in total) that is about 14 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX WET-USDT-SWAP | 0.06857 | 0.0100 | pay 0.0050% / 4h | 2h 39m | $738K | $4.2M | 20x |
| Short | Gate WET_USDT | 0.06866 | 0.0131 | get 0.0131% / 8h | 2h 39m | $1.0M | $99K | 50x |
OKX WET-USDT-SWAP
Gate WET_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- $6.51
- Price spread: +0.131% → +0.195%
- −$6.42
- Slippage, 4 orders
- −$562.88
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$587.79
- Costs to cover
- 5.879%
- Break-even
- 639.0 days
Slippage from OKX: live order book, 3 min ago; Gate: 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 OKX live order book, 3 min ago | 4.35 bp | 29.5 bp −$30 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 3 min ago | 6.54 bp | 310.8 bp −$311 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster WETUSDT | +0.0100% | 4h | 0.06854 | −0.043% | $15K | $31K | 5x | as long as short |
| Binance WETUSDT | +0.0100% | 4h | 0.06859 | +0.022% | $1.3M | $5.9M | 50x | as long as short |
| Bybit WETUSDT | +0.0100% | 4h | 0.06853 | −0.058% | $1.5M | $1.7M | 50x | as long as short |
| OKX WET-USDT-SWAPlong | +0.0100% | 4h | 0.06857 | long leg | $738K | $4.2M | 20x | |
| MEXC WET_USDT | +0.0100% | 4h | 0.06858 | +0.015% | $167K | $175K | 50x | as long as short |
| KuCoin WETUSDTM | +0.0100% | 4h | 0.06867 | +0.146% | $656K | $743K | 50x | as long as short |
| Bitget WETUSDT | +0.0100% | 4h | 0.06866 | +0.131% | $635K | $254K | 25x | as long as short |
| BingX WET-USDT | +0.0100% | 4h | 0.06858 | +0.015% | — | $6.6M | — | as long as short |
| Gate WET_USDTshort | +0.0131% | 8h | 0.06866 | +0.131% | $1.0M | $99K | 50x | |
| BloFin WET-USDT | +0.0146% | 4h | 0.06853 | −0.058% | $83K | $11K | 50x | as long as short |
Aster WETUSDT
Binance WETUSDT
Bybit WETUSDT
MEXC WET_USDT
KuCoin WETUSDTM
Bitget WETUSDT
BingX WET-USDT
BloFin WET-USDT