Funding you earn now, next payment 08:00 UTC−0.0238%/8h= −26.1% APRnext payment −$2.38 per $10,000 · paid last 24h −0.026%
Price spread now: Bitget against OKX+0.004%7-day average −0.016% · you sell dearer than you buy
Net, funding: paid 7d − costs−$61as in the Funding arb table
Net, price: spread back to 7d avg − costs−$60as in the Price arb table
costs, in and out, $10k−$620.616% of the position
Funding, last 7 days+0.010%+$1 on $10k
+Price spread, last 7 days−0.020%−$2 · spread now +0.004%, 7d avg −0.016%
=The price spread sits at its 7-day average of −0.016%, so right now this pair is about funding alone: −$7 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.010% in total (about 0.5% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.38 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 BE-USDT-SWAP | 274.24 | 0.0238 | pay 0.0238% / 8h | 6h 50m | $2.6M | $6.8M | 25x |
| Short | Bitget BEUSDT | 274.25 | 0 | get 0.0000% / 8h | 6h 50m | $1.7M | $2.6M | 20x |
OKX BE-USDT-SWAP
Bitget BEUSDTFunding 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
- −$49.99
- Price spread: +0.004% → −0.016%
- $1.95
- Slippage, 4 orders
- −$39.63
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$109.67
- Costs to cover
- 0.616%
- Break-even
- never at this rate
Slippage from OKX: live order book, 2 min ago; Bitget: 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 OKX live order book, 2 min ago | 2.01 bp | 15.5 bp −$15 | 83.9 bp −$839 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 2 min ago | 3.83 bp | 15.4 bp −$15 | 43.4 bp −$434 | 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 | 274.21 | −0.009% | $345K | $119K | 20x | as long as short |
| Gate BE_USDT | 0.0000% | 8h | 274.10 | −0.051% | $1.5M | $3.4M | 50x | as long as short |
| Bitget BEUSDTshort | 0.0000% | 8h | 274.25 | +0.004% | $1.7M | $2.6M | 20x | |
| SunX BE-USDT | 0.0000% | 8h | 274.32 | +0.029% | $2K | $2.5M | 10x | as long as short |
| HTX BE-USDT | 0.0000% | 8h | 274.33 | +0.033% | $13K | $33K | 20x | as long as short |
| Bybit BEUSDT | +0.0024% | 8h | 274.29 | +0.018% | $2.0M | $1.1M | 25x | as long as short |
| QFEX BE-USD | +0.0026% | 1h | 274.30 | +0.022% | $1.3M | $3.4M | 10x | as long as short |
| Lighter BE | +0.0032% | 1h | 274.05 | −0.069% | — | — | 10x | as long as short |
| Lighter RH BE | +0.0032% | 1h | 274.18 | −0.022% | $250K | $290K | 10x | as long as short |
| Arcus BE-USD | +0.0040% | 1h | 274.05 | −0.069% | $114K | $112K | 10x | as long as short |
Aster BEUSDT
Gate BE_USDT
SunX BE-USDT
HTX BE-USDT
Bybit BEUSDT
QFEX BE-USD
Lighter BE
Lighter RH BE
Arcus BE-USDShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest BE-USD-PERP | +0.0046% | 1h | 274.33 | +0.033% | — | — | 10x | as long as short |
| tradeXYZ xyz:BE | +0.0050% | 1h | 274.23 | −0.004% | $5.9M | $2.9M | 10x | as long as short |
| KuCoin BEUSDTM | +0.0100% | 8h | 274.28 | +0.015% | $370K | $23K | 20x | as long as short |
| Aevo BE-PERP | +0.0104% | 1h | 274.09 | −0.056% | — | — | 10x | as long as short |
| Coinbase International BE-PERP-INTX | +0.0112% | 1h | 273.63 | −0.222% | $473K | $131K | 10x | as long as short |
| Extended BE-USD | +0.0184% | 1h | 274.25 | +0.003% | $46K | $264K | 10x | as long as short |
| Binance BEUSDT | +0.0187% | 8h | 274.29 | +0.017% | $8.5M | $36.4M | 25x | as long as short |
| OKX BE-USDT-SWAPlong | +0.0238% | 8h | 274.24 | long leg | $2.6M | $6.8M | 25x | |
| GRVT BE_USDT_Perp | +0.0280% | 8h | 274.11 | −0.047% | $7K | $169K | 10x | as long as short |
| Deribit BE_USDC-PERPETUAL | +0.0297% | 1h | 274.21 | −0.011% | $7K | $4K | 10x | as long as short |
| BloFin BE-USDT | +0.0307% | 8h | 274.36 | +0.044% | $45K | $141K | 20x | as long as short |
Vest BE-USD-PERP
tradeXYZ xyz:BE
KuCoin BEUSDTM
Aevo BE-PERP
Coinbase International BE-PERP-INTX
Extended BE-USD
Binance BEUSDT
GRVT BE_USDT_Perp
Deribit BE_USDC-PERPETUAL
BloFin BE-USDT