Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.007%
Price spread now: Bitget against OKX−0.106%7-day average −0.034% · you buy dearer than you sell
Net, funding: paid 7d − costs−$195as in the Funding arb table
Net, price: spread back to 7d avg − costs−$214as in the Price arb table
costs, in and out, $10k−$2072.071% of the position
Funding, last 7 days+0.122%+$12 on $10k
+Price spread, last 4 days (all we have)+0.052%+$5 · spread now −0.106%, 7d avg −0.034%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.071% cheaper against OKX than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of −0.034%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX APP-USDT-SWAP | 330.70 | 0 | get 0.0000% / 8h | 4h 00m | $418K | $381K | 25x |
| Short | Bitget APPUSDT | 330.35 | 0 | get 0.0000% / 8h | 4h 00m | $562K | $554K | 20x |
OKX APP-USDT-SWAP
Bitget APPUSDTFunding 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
- $0
- Price spread: −0.106% → −0.034%
- −$7.14
- Slippage, 4 orders
- −$185.1
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$214.23
- Costs to cover
- 2.071%
- Break-even
- never at this rate
Slippage from OKX: live order book, 55 min ago; Bitget: live order book, 55 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, 55 min ago | 4.84 bp | 80.1 bp −$80 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 55 min ago | 6.05 bp | 19.7 bp −$20 | 35.8 bp −$358 | doesn't fit | doesn't fit |
APP on 6 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance APPUSDT | 0.0000% | 8h | 330.23 | −0.142% | $3.0M | $3.8M | 25x | as long as short |
| OKX APP-USDT-SWAPlong | 0.0000% | 8h | 330.70 | long leg | $418K | $381K | 25x | |
| Gate APP_USDT | 0.0000% | 8h | 330.30 | −0.121% | $778K | $687K | 25x | as long as short |
| Bitget APPUSDTshort | 0.0000% | 8h | 330.35 | −0.106% | $562K | $554K | 20x | |
| HTX APP-USDT | 0.0000% | 8h | 330.33 | −0.112% | $9K | $240K | 10x | as long as short |
| Extended APP_24_5-USD | +0.0040% | 1h | 330.36 | −0.104% | $23K | $6K | 10x | as long as short |
Binance APPUSDT
Gate APP_USDT
HTX APP-USDT
Extended APP_24_5-USD