Funding you earn now, next payment 08:00 UTC−0.0063%/8h= −6.9% APRnext payment −$0.63 per $10,000 · paid last 24h +0.005%
Price spread now: OKX against Gate−0.220%7-day average −0.102% · you buy dearer than you sell
Net, funding: paid 7d − costs−$326as in the Funding arb table
Net, price: spread back to 7d avg − costs−$351as in the Price arb table
costs, in and out, $10k−$3393.391% of the position
Funding, last 7 days+0.134%+$13 on $10k
+Price spread, last 4 days (all we have)+0.446%+$45 · spread now −0.220%, 7d avg −0.102%
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and OKX is 0.118% cheaper against Gate than usual: you would sell low and buy high (−$12 if the spread goes back to its 7-day average of −0.102%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.134%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate YFI_USDT | 2,314.1 | 0.0163 | pay 0.0163% / 8h | 4h 51m | $302K | $146K | 50x |
| Short | OKX YFI-USDT-SWAP | 2,309 | 0.0100 | get 0.0100% / 8h | 4h 51m | $625K | $799K | 20x |
Gate YFI_USDT
OKX YFI-USDT-SWAPFunding 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$13.23
- Price spread: −0.220% → −0.102%
- −$11.79
- Slippage, 4 orders
- −$314.07
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$364.09
- Costs to cover
- 3.391%
- Break-even
- never at this rate
Slippage from Gate: live order book, 65 min ago; OKX: live order book, 4 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, 65 min ago | 16.63 bp | 158.0 bp −$158 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 4 min ago | 2.16 bp | 21.8 bp −$22 | 426.9 bp −$4,269 | doesn't fit | doesn't fit |
YFI on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_YFIUSD | −0.0510% | 1h | 2,313.1 | −0.042% | $47K | $6K | 10x | as long as short |
| Injective YFI/USDC PERP | +0.0033% | 1h | 2,190.5 | −5.341% | $2K | $28K | 5.5x | as long as short |
| Aster YFIUSDT | +0.0100% | 8h | 2,312.1 | −0.086% | $3K | $2K | 5x | as long as short |
| Binance YFIUSDT | +0.0100% | 8h | 2,310 | −0.177% | $2.2M | $3.2M | 75x | as long as short |
| Bybit YFIUSDT | +0.0100% | 8h | 2,310 | −0.177% | $992K | $276K | 25x | as long as short |
| OKX YFI-USDT-SWAPshort | +0.0100% | 8h | 2,309 | −0.220% | $625K | $799K | 20x | |
| MEXC YFI_USDT | +0.0100% | 8h | 2,309 | −0.220% | $892K | $289K | 75x | as long as short |
| KuCoin YFIUSDTM | +0.0100% | 8h | 2,312.6 | −0.065% | $383K | $88K | 30x | as long as short |
| BingX YFI-USDT | +0.0100% | 8h | 2,317 | +0.125% | — | $11.8M | — | as long as short |
| Variational Omni YFI | +0.0100% | 8h | 2,313.6 | −0.021% | $9K | $1K | — | as long as short |
Kraken Futures PF_YFIUSD
Injective YFI/USDC PERP
Aster YFIUSDT
Binance YFIUSDT
Bybit YFIUSDT
MEXC YFI_USDT
KuCoin YFIUSDTM
BingX YFI-USDT
Variational Omni YFIShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin YFI-USDT | +0.0124% | 8h | 2,320 | +0.255% | $119K | $26K | 75x | as long as short |
| Gate YFI_USDTlong | +0.0163% | 8h | 2,314.1 | long leg | $302K | $146K | 50x |
BloFin YFI-USDT