Funding you earn now, next payment 08:00 UTC−0.0361%/8h= −39.5% APRnext payment −$3.61 per $10,000 · paid last 24h −0.023%
Price spread now: Bitget against OKX−0.407%7-day average −0.142% · you buy dearer than you sell
Net, funding: paid 7d − costs−$435as in the Funding arb table
Net, price: spread back to 7d avg − costs−$467as in the Price arb table
costs, in and out, $10k−$4414.411% of the position
Funding, last 7 days+0.064%+$6 on $10k
+Price spread, last 4 days (all we have)+0.456%+$46 · spread now −0.407%, 7d avg −0.142%
=Both sides work against this trade now: funding costs −$11 a day on $10k at the current rate, and Bitget is 0.264% cheaper against OKX than usual: you would sell low and buy high (−$26 if the spread goes back to its 7-day average of −0.142%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.064%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.064% in total (about 3.3% a year). A funding rate is set anew for every payment; at this rate the next one is about −$3.61 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX AEHR-USDT-SWAP | 95.910 | 0 | get 0.0000% / 8h | 2h 59m | $159K | $244K | 10x |
| Short | Bitget AEHRUSDT | 95.520 | −0.0361 | pay 0.0361% / 8h | 2h 59m | $274K | $306K | 20x |
OKX AEHR-USDT-SWAP
Bitget AEHRUSDTFunding 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
- −$75.81
- Price spread: −0.407% → −0.142%
- −$26.42
- Slippage, 4 orders
- −$419.07
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$543.31
- Costs to cover
- 4.411%
- Break-even
- never at this rate
Slippage from OKX: live order book, 50 min ago; Bitget: live order book, 45 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, 50 min ago | 20.99 bp | 215.8 bp −$216 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 45 min ago | 19.55 bp | 51.0 bp −$51 | 55.3 bp −$553 | 147.1 bp −$14.7K | doesn't fit |
AEHR on 5 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 AEHRUSDTshort | −0.0361% | 8h | 95.520 | −0.407% | $274K | $306K | 20x | |
| Bybit AEHRUSDT | 0.0000% | 8h | 95.970 | +0.063% | $379K | $214K | 25x | as long as short |
| OKX AEHR-USDT-SWAPlong | 0.0000% | 8h | 95.910 | long leg | $159K | $244K | 10x | |
| QFEX AEHR-USD | 0.0000% | 1h | 95.740 | −0.177% | $1.1M | $815K | 10x | as long as short |
| HTX AEHR-USDT | 0.0000% | 8h | 96.800 | +0.928% | $5K | $393K | 10x | as long as short |
Bybit AEHRUSDT
QFEX AEHR-USD
HTX AEHR-USDT