BE

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0142%/8h= +15.6% APRnext payment +$1.42 per $10,000 · paid last 24h −0.016%

Price spread now: OKX against Gate+0.062%7-day average +0.045% · you sell dearer than you buy

Net, funding: paid 7d − costs−$121as in the Funding arb table

Net, price: spread back to 7d avg − costs−$113as in the Price arb table

costs, in and out, $10k−$1151.148% of the position

Long on Gate Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.059%−$6 on $10k

Price spread, last 7 days−0.068%−$7 · spread now +0.062%, 7d avg +0.045%

Together, before fees−0.128%−$13 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.045%, so right now this pair is about funding alone: +$4 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.059%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate BE_USDT	274.70	0	get 0.0000% / 8h	3h 56m	$1.5M	$3.3M	50x
Short	OKX BE-USDT-SWAP	274.87	0.0142	get 0.0142% / 8h	3h 56m	$2.7M	$6.8M	25x

Funding 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 it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee GatebpFee OKXbpOrdersPrice spread, now +0.062%Rate

Funding earned: $29.91
Price spread: +0.062% → +0.045%: $1.7
Slippage, 4 orders: −$89.78
Fee Gate: 7.5 bp × 2 orders: −$15
Fee OKX: 5 bp × 2 orders: −$10
Net: −$83.17
Costs to cover: 1.148%
Break-even: 26.5 days

Slippage from Gate: live order book, 2 min ago; OKX: live order book, 2 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, 2 min ago	3.64 bp	54.9 bp −$55	61.4 bp −$614	86.5 bp −$8,651	doesn't fit
Sell OKX live order book, 2 min ago	2.73 bp	14.7 bp −$15	77.4 bp −$774	doesn't fit	doesn't fit

BE on 21 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 BEUSDT	0.0000%	8h	274.87	+0.064%	$346K	$119K	20x	as long as short
Gate BE_USDTlong	0.0000%	8h	274.70	long leg	$1.5M	$3.3M	50x
Bitget BEUSDT	0.0000%	8h	274.85	+0.055%	$1.7M	$2.5M	20x	as long as short
GRVT BE_USDT_Perp	0.0000%	8h	275.06	+0.131%	$7K	$163K	10x	as long as short
SunX BE-USDT	0.0000%	8h	274.95	+0.091%	$1K	$2.4M	10x	as long as short
Deribit BE_USDC-PERPETUAL	0.0000%	1h	275.01	+0.113%	$7K	$4K	10x	as long as short
HTX BE-USDT	0.0000%	8h	275.67	+0.353%	$13K	$35K	20x	as long as short
Lighter BE	+0.0032%	1h	274.92	+0.080%	—	—	10x	as long as short
Lighter RH BE	+0.0032%	1h	274.92	+0.080%	$251K	$290K	10x	as long as short
QFEX BE-USD	+0.0036%	1h	274.88	+0.066%	$1.3M	$2.7M	10x	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Arcus BE-USD	+0.0040%	1h	274.76	+0.022%	$115K	$109K	10x	as long as short
Vest BE-USD-PERP	+0.0046%	1h	274.92	+0.080%	—	—	10x	as long as short
Binance BEUSDT	+0.0046%	8h	274.90	+0.073%	$8.5M	$36.5M	25x	as long as short
Extended BE-USD	+0.0048%	1h	274.91	+0.075%	$46K	$260K	10x	as long as short
tradeXYZ xyz:BE	+0.0050%	1h	274.76	+0.022%	$5.9M	$2.6M	10x	as long as short
Coinbase International BE-PERP-INTX	+0.0064%	1h	273.08	−0.590%	$473K	$128K	10x	as long as short
Bybit BEUSDT	+0.0088%	8h	274.98	+0.102%	$2.0M	$1.2M	25x	as long as short
KuCoin BEUSDTM	+0.0100%	8h	274.94	+0.087%	$372K	$20K	20x	as long as short
Aevo BE-PERP	+0.0104%	1h	274.89	+0.069%	—	—	10x	as long as short
OKX BE-USDT-SWAPshort	+0.0142%	8h	274.87	+0.062%	$2.7M	$6.8M	25x
BloFin BE-USDT	+0.0169%	8h	274.76	+0.022%	$45K	$141K	20x	as long as short