Funding you earn now, next payment 03:00 UTC−0.0028%/8h= −3.1% APRpaid last 24h +0.007%
Price spread now: tradeXYZ against OKX−0.086%7-day average −0.022% · you buy dearer than you sell
Net, funding: paid 7d − costs−$104as in the Funding arb table
Net, price: spread back to 7d avg − costs−$116as in the Price arb table
costs, in and out, $10k−$1101.099% of the position
Funding, last 7 days+0.064%+$6 on $10k
+Price spread, last 4 days (all we have)+0.050%+$5 · spread now −0.086%, 7d avg −0.022%
=Together, before fees+0.114%+ Points / potential airdroptradeXYZ: Active · farm board+$11 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and tradeXYZ is 0.064% cheaper against OKX than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of −0.022%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.064%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX EWT-USDT-SWAP | 115.91 | 0 | get 0.0000% / 8h | 5h 46m | $176K | $161K | 20x |
| Short | tradeXYZ xyz:EWT | 115.81 | −0.0028 | pay 0.0004% / 1h | 46m 22s | $692K | $191K | 20x |
OKX EWT-USDT-SWAP
tradeXYZ xyz:EWTFunding 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
- −$5.9
- Price spread: −0.086% → −0.022%
- −$6.43
- Slippage, 4 orders
- −$81.94
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$122.27
- Costs to cover
- 1.099%
- Break-even
- never at this rate
Slippage from OKX: live order book, 14 min ago; tradeXYZ: live order book, 60 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, 14 min ago | 3.45 bp | 11.7 bp −$12 | doesn't fit | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 60 min ago | 0.86 bp | 16.8 bp −$17 | doesn't fit | doesn't fit | doesn't fit |
EWT 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 | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:EWTshort | −0.0028% | 1h | 115.81 | −0.086% | $692K | $191K | 20x | |
| Aster EWTUSDT | 0.0000% | 8h | 115.85 | −0.054% | $3K | $76 | 20x | as long as short |
| Bybit EWTUSDT | 0.0000% | 8h | 115.72 | −0.164% | $222K | $139K | 25x | as long as short |
| OKX EWT-USDT-SWAPlong | 0.0000% | 8h | 115.91 | long leg | $176K | $161K | 20x | |
| Gate EWT_USDT | 0.0000% | 8h | 115.80 | −0.095% | $44K | $4K | 25x | as long as short |
| Bitget EWTUSDT | 0.0000% | 8h | 115.84 | −0.060% | $1.3M | $429K | 20x | as long as short |
| Variational Omni EWT | 0.0000% | 8h | 115.80 | −0.093% | $57K | $14K | — | as long as short |
| GRVT EWT_USDT_Perp | 0.0000% | 8h | 115.86 | −0.045% | $3K | $190K | 10x | as long as short |
| SunX EWT-USDT | 0.0000% | 8h | 115.76 | −0.129% | $1K | $338K | 10x | as long as short |
| HTX EWT-USDT | 0.0000% | 8h | 115.52 | −0.336% | $16K | $8K | 10x | as long as short |
Aster EWTUSDT
Bybit EWTUSDT
Gate EWT_USDT
Bitget EWTUSDT
Variational Omni EWT
GRVT EWT_USDT_Perp
SunX EWT-USDT
HTX EWT-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance EWTUSDT | +0.0022% | 8h | 115.77 | −0.121% | $473K | $806K | 20x | as long as short |
| MEXC EWT_USDT | +0.0031% | 8h | 115.84 | −0.060% | $2.4M | $92K | 50x | as long as short |
Binance EWTUSDT
MEXC EWT_USDT