Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.031%
Price spread now: Bitget against OKX+0.035%7-day average +0.010% · you sell dearer than you buy
Net, funding: paid 7d − costs−$52as in the Funding arb table
Net, price: spread back to 7d avg − costs−$46as in the Price arb table
costs, in and out, $10k−$490.486% of the position
Funding, last 7 days−0.033%−$3 on $10k
+Price spread, last 7 days−0.032%−$3 · spread now +0.035%, 7d avg +0.010%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.025% dearer against OKX than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.010%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX COIN-USDT-SWAP | 197.88 | 0 | get 0.0000% / 8h | 5h 29m | $3.1M | $4.3M | 20x |
| Short | Bitget COINUSDT | 197.95 | 0 | get 0.0000% / 8h | 5h 29m | $6.4M | $9.5M | 20x |
OKX COIN-USDT-SWAP
Bitget COINUSDTFunding 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
- $0
- Price spread: +0.035% → +0.010%
- $2.5
- Slippage, 4 orders
- −$26.58
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$46.08
- Costs to cover
- 0.486%
- Break-even
- never at this rate
Slippage from OKX: live order book, 1 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, 1 min ago | 1.01 bp | 13.0 bp −$13 | 24.5 bp −$245 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 2 min ago | 2.27 bp | 10.1 bp −$10 | 19.4 bp −$194 | 85.0 bp −$8,500 | doesn't fit |
COIN on 26 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Injective COIN/USDC PERP | −0.0440% | 1h | 197.72 | −0.081% | $17K | $224K | 30x | as long as short |
| Aster COINUSDT | 0.0000% | 8h | 197.95 | +0.037% | $345K | $868K | 20x | as long as short |
| Extended COIN_24_5-USD | 0.0000% | 1h | 197.90 | +0.008% | $106K | $853K | 10x | as long as short |
| Binance COINUSDT | 0.0000% | 8h | 197.96 | +0.039% | $14.6M | $75.2M | 20x | as long as short |
| Bybit COINUSDT | 0.0000% | 8h | 197.96 | +0.040% | $4.7M | $5.4M | 50x | as long as short |
| OKX COIN-USDT-SWAPlong | 0.0000% | 8h | 197.88 | long leg | $3.1M | $4.3M | 20x | |
| Gate COIN_USDT | 0.0000% | 8h | 197.98 | +0.051% | $1.2M | $6.5M | 50x | as long as short |
| Bitget COINUSDTshort | 0.0000% | 8h | 197.95 | +0.035% | $6.4M | $9.5M | 20x | |
| Variational Omni COIN | 0.0000% | 8h | 197.90 | +0.009% | $782K | $932K | — | as long as short |
| GRVT COIN_USDT_Perp | 0.0000% | 8h | 197.94 | +0.030% | $10K | $3.3M | 10x | as long as short |
Injective COIN/USDC PERP
Aster COINUSDT
Extended COIN_24_5-USD
Binance COINUSDT
Bybit COINUSDT
Gate COIN_USDT
Variational Omni COIN
GRVT COIN_USDT_PerpShow all 26 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX COIN-USD | +0.0032% | 1h | 197.86 | −0.010% | $1.3M | $2.5M | 10x | as long as short |
| Lighter COIN | +0.0032% | 1h | 197.85 | −0.013% | $343K | $1.9M | 10x | as long as short |
| Lighter RH COIN | +0.0032% | 1h | 197.84 | −0.020% | $480K | $1.1M | 10x | as long as short |
| Arcus COIN-USD | +0.0040% | 1h | 198.10 | +0.111% | $20K | $31K | 5x | as long as short |
| Vest COIN-USD-PERP | +0.0046% | 1h | 197.74 | −0.071% | — | $275K | 25x | as long as short |
| tradeXYZ xyz:COIN | +0.0050% | 1h | 197.80 | −0.040% | $14.7M | $11.4M | 10x | as long as short |
| Polymarket Perps COIN-USD | +0.0050% | 1h | 197.75 | −0.066% | $120K | $1.2M | 10x | as long as short |
| SoDEX COIN-USD | +0.0050% | 1h | 197.90 | +0.010% | $105 | $3K | 10x | as long as short |
| Ondo Perps COIN-USD.P | +0.0050% | 1h | 197.71 | −0.086% | $334K | $2.1M | 10x | as long as short |
| Phoenix COIN | +0.0081% | 1h | 197.88 | 0.000% | $5K | $256K | 10x | as long as short |
| KuCoin COINUSDTM | +0.0100% | 8h | 197.93 | +0.025% | $933K | $263K | 20x | as long as short |
| ApeX Omni COINUSDT | +0.0100% | 1h | 197.88 | 0.000% | $89K | $272K | 50x | as long as short |
| Orderly PERP_COIN_USDC_mythos | +0.0100% | 8h | 197.91 | +0.015% | $572 | $4K | 10x | as long as short |
| Aevo COIN-PERP | +0.0104% | 1h | 197.88 | −0.001% | $117 | — | 10x | as long as short |
| BloFin COIN-USDT | +0.0120% | 8h | 197.96 | +0.040% | $195K | $481K | 20x | as long as short |
| edgeX COINUSDC | +0.0468% | 4h | 197.89 | +0.005% | $51K | $295K | 10x | as long as short |
QFEX COIN-USD
Lighter COIN
Lighter RH COIN
Arcus COIN-USD
Vest COIN-USD-PERP
tradeXYZ xyz:COIN
Polymarket Perps COIN-USD
SoDEX COIN-USD
Ondo Perps COIN-USD.P
Phoenix COIN
KuCoin COINUSDTM
ApeX Omni COINUSDT
Orderly PERP_COIN_USDC_mythos
Aevo COIN-PERP
BloFin COIN-USDT
edgeX COINUSDC