Funding you earn now, next payment 08:00 UTC+0.0388%/8h= +42.5% APRnext payment +$3.88 per $10,000 · paid last 24h +0.073%
Price spread now: OKX against Bitget−0.413%7-day average −0.062% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,602as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,633as in the Price arb table
costs, in and out, $10k−$1,59815.981% of the position
Funding, last 7 days−0.035%−$3 on $10k
+Price spread, last 4 days (all we have)+0.337%+$34 · spread now −0.413%, 7d avg −0.062%
=Funding pays, the price is against you. OKX is 0.351% cheaper against Bitget than usual: you would sell low and buy high (spread −0.413% now, against its 7-day average of −0.062%). If the spread goes back, that is −$35 on $10k: about 3.0 days of funding at the current rate (+$12 a day).
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.035% in total (about -1.8% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.88 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 | Bitget BSPUSDT | 38.529 | 0 | get 0.0000% / 8h | 6h 23m | $100K | $64K | 20x |
| Short | OKX BSP-USDT-SWAP | 38.370 | 0.0388 | get 0.0388% / 8h | 6h 23m | $153K | $160K | 10x |
Bitget BSPUSDT
OKX BSP-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against Bitget. 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
- $81.56
- Price spread: −0.413% → −0.062%
- −$35.08
- Slippage, 4 orders
- −$1,576.14
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$1,551.66
- Costs to cover
- 15.981%
- Break-even
- 140.2 days
Slippage from Bitget: live order book, 27 min ago; OKX: live order book, 41 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 Bitget live order book, 27 min ago | 13.52 bp | 1131.4 bp −$1,131 | 1388.9 bp −$13.9K | 1564.7 bp −$156.5K | doesn't fit |
| Sell OKX live order book, 41 min ago | 2.60 bp | 103.7 bp −$104 | doesn't fit | doesn't fit | doesn't fit |
BSP on 7 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 BSPUSDT | 0.0000% | 8h | 38.500 | −0.075% | $480K | $691K | 10x | as long as short |
| Bybit BSPUSDT | 0.0000% | 8h | 38.520 | −0.023% | $379K | $80K | 25x | as long as short |
| Gate BSP_USDT | 0.0000% | 8h | 38.480 | −0.127% | $251K | $272K | 25x | as long as short |
| Bitget BSPUSDTlong | 0.0000% | 8h | 38.529 | long leg | $100K | $64K | 20x | |
| KuCoin BSPUSDTM | +0.0100% | 8h | 38.520 | −0.023% | $47K | $150K | 20x | as long as short |
| HTX BSP-USDT | +0.0100% | 8h | 38.490 | −0.101% | $6K | $42K | 10x | as long as short |
| OKX BSP-USDT-SWAPshort | +0.0388% | 8h | 38.370 | −0.413% | $153K | $160K | 10x |
Binance BSPUSDT
Bybit BSPUSDT
Gate BSP_USDT
KuCoin BSPUSDTM
HTX BSP-USDT