Funding you earn now, next payment 16:00 UTC+0.0294%/8h= +32.2% APRnext payment +$2.94 per $10,000 · paid last 24h 0.000%
Price spread now: OKX against Bitget+0.071%7-day average −0.053% · you sell dearer than you buy
Net, funding: paid 7d − costs−$252as in the Funding arb table
Net, price: spread back to 7d avg − costs−$240as in the Price arb table
costs, in and out, $10k−$2522.519% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)+0.007%+$1 · spread now +0.071%, 7d avg −0.053%
=Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and OKX is 0.123% dearer against Bitget than usual: you sell high and buy low: +$12 more if the spread goes back to its 7-day average of −0.053%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.000% in total (about 0.0% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.94 per $10,000. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget GEVUSDT | 945.25 | 0 | get 0.0000% / 8h | 4h 09m | $508K | $95K | 20x |
| Short | OKX GEV-USDT-SWAP | 945.92 | 0.0294 | get 0.0294% / 8h | 4h 09m | $608K | $173K | 25x |
Bitget GEVUSDT
OKX GEV-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
- $61.69
- Price spread: +0.071% → −0.053%
- $12.34
- Slippage, 4 orders
- −$229.92
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$177.89
- Costs to cover
- 2.519%
- Break-even
- 27.2 days
Slippage from Bitget: live order book, 25 min ago; OKX: live order book, 29 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, 25 min ago | 20.88 bp | 47.2 bp −$47 | 89.1 bp −$891 | doesn't fit | doesn't fit |
| Sell OKX live order book, 29 min ago | 4.07 bp | 87.3 bp −$87 | doesn't fit | doesn't fit | doesn't fit |
GEV on 8 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate GEV_USDT | 0.0000% | 8h | 947.70 | +0.259% | $296K | $19K | 20x | as long as short |
| Bitget GEVUSDTlong | 0.0000% | 8h | 945.25 | long leg | $508K | $95K | 20x | |
| HTX GEV-USDT | 0.0000% | 8h | 945.79 | +0.057% | $9K | $38K | 10x | as long as short |
| Lighter GEV | +0.0032% | 1h | 946.40 | +0.122% | $3K | $250 | 10x | as long as short |
| Bybit GEVUSDT | +0.0082% | 8h | 945.00 | −0.026% | $312K | $137K | 25x | as long as short |
| tradeXYZ xyz:GEV | +0.0155% | 1h | 944.25 | −0.106% | $594K | $110K | 10x | as long as short |
| OKX GEV-USDT-SWAPshort | +0.0294% | 8h | 945.92 | +0.071% | $608K | $173K | 25x | |
| Binance GEVUSDT | +0.0967% | 8h | 945.49 | +0.026% | $1.5M | $832K | 25x | as long as short |
Gate GEV_USDT
HTX GEV-USDT
Lighter GEV
Bybit GEVUSDT
tradeXYZ xyz:GEV
Binance GEVUSDT