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: Gate against OKX+0.018%7-day average −0.007% · you sell dearer than you buy
Net, funding: paid 7d − costs−$450as in the Funding arb table
Net, price: spread back to 7d avg − costs−$460as in the Price arb table
costs, in and out, $10k−$4634.626% of the position
Funding, last 7 days+0.122%+$12 on $10k
+Price spread, last 4 days (all we have)+0.005%$0 · spread now +0.018%, 7d avg −0.007%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.026% dearer against OKX than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.007%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX APP-USDT-SWAP | 328.44 | 0 | get 0.0000% / 8h | 2h 20m | $416K | $383K | 25x |
| Short | Gate APP_USDT | 328.50 | 0 | get 0.0000% / 8h | 2h 20m | $775K | $645K | 25x |
OKX APP-USDT-SWAP
Gate APP_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
- $0
- Price spread: +0.018% → −0.007%
- $2.56
- Slippage, 4 orders
- −$437.64
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$460.08
- Costs to cover
- 4.626%
- Break-even
- never at this rate
Slippage from OKX: live order book, 25 min ago; Gate: live order book, 26 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, 25 min ago | 7.30 bp | 65.7 bp −$66 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 26 min ago | 12.15 bp | 140.3 bp −$140 | doesn't fit | 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 | −0.0022% | 8h | 328.47 | +0.009% | $3.0M | $3.8M | 25x | as long as short |
| OKX APP-USDT-SWAPlong | 0.0000% | 8h | 328.44 | long leg | $416K | $383K | 25x | |
| Gate APP_USDTshort | 0.0000% | 8h | 328.50 | +0.018% | $775K | $645K | 25x | |
| Bitget APPUSDT | 0.0000% | 8h | 328.74 | +0.091% | $559K | $555K | 20x | as long as short |
| HTX APP-USDT | 0.0000% | 8h | 327.93 | −0.155% | $9K | $240K | 10x | as long as short |
| Extended APP_24_5-USD | +0.0040% | 1h | 329.50 | +0.324% | $23K | $6K | 10x | as long as short |
Binance APPUSDT
Bitget APPUSDT
HTX APP-USDT
Extended APP_24_5-USD