Settings8H · net · $10k
Funding arb · Price arb /

GEV

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Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0412%/8h= −45.1% APRpaid last 24h −0.086%
Price spread now: OKX against tradeXYZ+0.123%7-day average +0.069% · you sell dearer than you buy
Net, funding: paid 7d − costs−$179as in the Funding arb table
Net, price: spread back to 7d avg − costs−$120as in the Price arb table
costs, in and out, $10k−$1251.250% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.544%−$54 on $10k
Price spread, last 4 days (all we have)−0.023%−$2 · spread now +0.123%, 7d avg +0.069%
Together, before fees−0.566%+ Points / potential airdroptradeXYZ: Active · farm board−$57 on $10k · with fees, hour by hour
The price spread pays, funding is against you. OKX is 0.054% dearer against tradeXYZ than usual: you sell high and buy low (spread +0.123% now, against its 7-day average of +0.069%): +$5 on $10k if it goes back. Holding the pair costs −$12 a day in funding at the current rate, which eats that in about 11 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongtradeXYZ xyz:GEV945.910.0412pay 0.0051% / 1h4m 10s$583K$149K10x
ShortOKX GEV-USDT-SWAP947.070get 0.0000% / 8h3h 04m$608K$186K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX against tradeXYZ. 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

Funding earned
−$86.46
Price spread: +0.123% → +0.069%
$5.41
Slippage, 4 orders
−$96.99
Fee tradeXYZ: 9 bp × 2 orders
−$18
Fee OKX: 5 bp × 2 orders
−$10
Net
−$206.05
Costs to cover
1.250%
Break-even
never at this rate
Slippage from tradeXYZ: live order book, 12 min ago; OKX: live order book, 47 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy tradeXYZ live order book, 12 min ago2.74 bp29.8 bp −$3057.1 bp −$571doesn't fitdoesn't fit
Sell OKX live order book, 47 min ago4.05 bp31.2 bp −$31doesn't fitdoesn't fitdoesn't fit

GEV on 8 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit GEVUSDT0.0000%8h946.15+0.025%$313K$222K25xas long as short
OKX GEV-USDT-SWAPshort0.0000%8h947.07+0.123%$608K$186K25x
Gate GEV_USDT0.0000%8h948.10+0.232%$293K$19K20xas long as short
Bitget GEVUSDT0.0000%8h948.14+0.236%$491K$91K20xas long as short
HTX GEV-USDT0.0000%8h946.79+0.093%$9K$38K10xas long as short
Lighter GEV+0.0032%1h947.10+0.126%$3K$75010xas long as short
Binance GEVUSDT+0.0236%8h946.89+0.104%$1.5M$704K25xas long as short
tradeXYZ xyz:GEVlong+0.0412%1h945.91long leg$583K$149K10x