Funding you earn now, next payment 06:00 UTC+0.0016%/8h= +1.8% APRpaid last 24h +0.285%
Price spread now: tradeXYZ against OKX−0.099%7-day average −0.048% · you buy dearer than you sell
Net, funding: paid 7d − costs−$260as in the Funding arb table
Net, price: spread back to 7d avg − costs−$277as in the Price arb table
costs, in and out, $10k−$2722.721% of the position
Funding, last 7 days+0.122%+$12 on $10k
+Price spread, last 4 days (all we have)+0.160%+$16 · spread now −0.099%, 7d avg −0.048%
=Together, before fees+0.281%+ Points / potential airdroptradeXYZ: Active · farm board+$28 on $10k · with fees, hour by hour
Funding pays, the price is against you. tradeXYZ is 0.051% cheaper against OKX than usual: you would sell low and buy high (spread −0.099% now, against its 7-day average of −0.048%). If the spread goes back, that is −$5 on $10k: about 11 days of funding at the current rate ($0 a day). At the pace of the last 7 days (+0.122% in total) that is about 2.9 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX BOT-USDT-SWAP | 29.350 | −0.1124 | get 0.1124% / 8h | 2h 46m | $234K | $211K | 20x |
| Short | tradeXYZ xyz:BOT | 29.321 | −0.1108 | pay 0.0138% / 1h | 46m 12s | $3.1M | $773K | 10x |
OKX BOT-USDT-SWAP
tradeXYZ xyz:BOTFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- $3.37
- Price spread: −0.099% → −0.048%
- −$5.07
- Slippage, 4 orders
- −$244.09
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$273.79
- Costs to cover
- 2.721%
- Break-even
- 576.4 days
Slippage from OKX: live order book, 64 min ago; tradeXYZ: 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, 64 min ago | 10.18 bp | 132.5 bp −$132 | doesn't fit | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 2 min ago | 0.68 bp | 44.5 bp −$44 | doesn't fit | doesn't fit | doesn't fit |
BOT on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| OKX BOT-USDT-SWAPlong | −0.1124% | 8h | 29.350 | long leg | $234K | $211K | 20x | |
| tradeXYZ xyz:BOTshort | −0.1108% | 1h | 29.321 | −0.099% | $3.1M | $773K | 10x | |
| KuCoin BOTUSDTM | −0.0860% | 8h | 29.350 | 0.000% | $94K | $314K | 20x | as long as short |
| Binance BOTUSDT | −0.0628% | 8h | 29.360 | +0.034% | $451K | $1.2M | 10x | as long as short |
| Variational Omni BOT | −0.0548% | 8h | 29.345 | −0.017% | $31K | $14K | — | as long as short |
| QFEX BOT-USD | −0.0071% | 1h | 29.360 | +0.034% | $1.2M | $496K | 10x | as long as short |
| Bybit BOTUSDT | 0.0000% | 8h | 29.330 | −0.068% | $514K | $560K | 25x | as long as short |
| Gate BOT_USDT | 0.0000% | 8h | 29.360 | +0.034% | $254K | $231K | 20x | as long as short |
| Bitget BOTUSDT | 0.0000% | 8h | 29.410 | +0.204% | $246K | $121K | 5x | as long as short |
| Lighter BOT | +0.0032% | 1h | 29.519 | +0.576% | $68K | $1K | 3x | as long as short |
KuCoin BOTUSDTM
Binance BOTUSDT
Variational Omni BOT
QFEX BOT-USD
Bybit BOTUSDT
Gate BOT_USDT
Bitget BOTUSDT
Lighter BOTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Arcus BOT-USD | +0.0040% | 1h | 29.310 | −0.136% | $3K | $9K | 5x | as long as short |
| HTX BOT-USDT | +0.0100% | 8h | 29.376 | +0.089% | $3K | $34K | 10x | as long as short |
Arcus BOT-USD
HTX BOT-USDT