Funding you earn now, next payment 10:00 UTC+0.0903%/8h= +98.9% APRpaid last 24h +0.106%
Price spread now: tradeXYZ against OKX−0.065%7-day average −0.074% · you buy dearer than you sell
Net, funding: paid 7d − costs−$131as in the Funding arb table
Net, price: spread back to 7d avg − costs−$185as in the Price arb table
costs, in and out, $10k−$1851.854% of the position
Funding, last 7 days+0.541%+$54 on $10k
+Price spread, last 4 days (all we have)−0.133%−$13 · spread now −0.065%, 7d avg −0.074%
=Together, before fees+0.408%+ Points / potential airdroptradeXYZ: Active · farm board+$41 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.074%, so right now this pair is about funding alone: +$27 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.541% in total (about 28.2% a year). A funding rate is set anew for every payment. 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 | OKX GEV-USDT-SWAP | 945.17 | 0.0369 | pay 0.0369% / 8h | 6h 05m | $604K | $171K | 25x |
| Short | tradeXYZ xyz:GEV | 944.56 | 0.1273 | get 0.0159% / 1h | 5m 12s | $591K | $116K | 10x |
OKX GEV-USDT-SWAP
tradeXYZ xyz:GEVFunding 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
- $189.68
- Price spread: −0.065% → −0.074%
- $0.91
- Slippage, 4 orders
- −$157.44
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- $5.16
- Costs to cover
- 1.854%
- Break-even
- 6.8 days
Slippage from OKX: live order book, 43 min ago; tradeXYZ: live order book, 38 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, 43 min ago | 4.03 bp | 45.0 bp −$45 | doesn't fit | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 38 min ago | 7.85 bp | 52.0 bp −$52 | 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 | 946.40 | +0.130% | $295K | $17K | 20x | as long as short |
| Bitget GEVUSDT | 0.0000% | 8h | 946.28 | +0.117% | $495K | $88K | 20x | as long as short |
| HTX GEV-USDT | 0.0000% | 8h | 945.54 | +0.039% | $9K | $38K | 10x | as long as short |
| Lighter GEV | +0.0032% | 1h | 945.10 | −0.007% | $3K | $750 | 10x | as long as short |
| OKX GEV-USDT-SWAPlong | +0.0369% | 8h | 945.17 | long leg | $604K | $171K | 25x | |
| Binance GEVUSDT | +0.1015% | 8h | 945.80 | +0.066% | $1.5M | $763K | 25x | as long as short |
| Bybit GEVUSDT | +0.1032% | 8h | 945.63 | +0.049% | $323K | $114K | 25x | as long as short |
| tradeXYZ xyz:GEVshort | +0.1273% | 1h | 944.56 | −0.065% | $591K | $116K | 10x |
Gate GEV_USDT
Bitget GEVUSDT
HTX GEV-USDT
Lighter GEV
Binance GEVUSDT
Bybit GEVUSDT