BX

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0112%/8h= +12.2% APRnext payment +$1.12 per $10,000 · paid last 24h +0.012%

Price spread now: OKX against Gate+0.055%7-day average −0.009% · you sell dearer than you buy

Net, funding: paid 7d − costs−$312as in the Funding arb table

Net, price: spread back to 7d avg − costs−$299as in the Price arb table

costs, in and out, $10k−$3063.056% of the position

Long on Gate Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.063%−$6 on $10k

Price spread, last 4 days (all we have)−0.033%−$3 · spread now +0.055%, 7d avg −0.009%

Together, before fees−0.095%−$10 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and OKX is 0.064% dearer against Gate than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.009%. Mind the row above: over the last 7 days funding on this pair cost −0.063%, 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 BX_USDT	126.33	0	get 0.0000% / 8h	6h 24m	$423K	$27K	20x
Short	OKX BX-USDT-SWAP	126.40	0.0112	get 0.0112% / 8h	6h 24m	$164K	$114K	20x

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 +0.055%Rate

Funding earned: $23.44
Price spread: +0.055% → −0.009%: $6.42
Slippage, 4 orders: −$280.56
Fee Gate: 7.5 bp × 2 orders: −$15
Fee OKX: 5 bp × 2 orders: −$10
Net: −$275.7
Costs to cover: 3.056%
Break-even: 89.3 days

Slippage from Gate: live order book, 42 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 Gate live order book, 42 min ago	4.74 bp	53.3 bp −$53	doesn't fit	doesn't fit	doesn't fit
Sell OKX live order book, 41 min ago	5.14 bp	90.2 bp −$90	doesn't fit	doesn't fit	doesn't fit

BX on 14 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
tradeXYZ xyz:BX	−0.0818%	1h	126.23	−0.079%	$664K	$210K	10x	as long as short
Aster BXUSDT	0.0000%	8h	126.25	−0.067%	$5K	$2K	20x	as long as short
Bybit BXUSDT	0.0000%	8h	126.27	−0.047%	$485K	$866K	25x	as long as short
QFEX BX-USD	0.0000%	1h	127.01	+0.538%	$1.1M	$1.4M	10x	as long as short
Gate BX_USDTlong	0.0000%	8h	126.33	long leg	$423K	$27K	20x
Bitget BXUSDT	0.0000%	8h	126.42	+0.071%	$898K	$36K	20x	as long as short
SunX BX-USDT	0.0000%	8h	126.31	−0.016%	$573	$306K	10x	as long as short
HTX BX-USDT	0.0000%	8h	126.19	−0.111%	$7K	$3K	20x	as long as short
OKX BX-USDT-SWAPshort	+0.0112%	8h	126.40	+0.055%	$164K	$114K	20x
Injective BX/USDC PERP	+0.0220%	1h	138.82	+9.887%	$4K	$32K	12x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT BX_USDT_Perp	+0.0317%	8h	126.31	−0.013%	$993	$120K	10x	as long as short
KuCoin BXUSDTM	+0.0823%	8h	126.26	−0.055%	$115K	$1.0M	20x	as long as short
Variational Omni BX	+0.1083%	8h	126.29	−0.028%	$31K	$127	—	as long as short
Binance BXUSDT	+0.1421%	8h	126.32	−0.008%	$789K	$482K	20x	as long as short