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
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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:GEV | 945.91 | 0.0412 | pay 0.0051% / 1h | 4m 10s | $583K | $149K | 10x |
| Short | OKX GEV-USDT-SWAP | 947.07 | 0 | get 0.0000% / 8h | 3h 04m | $608K | $186K | 25x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy tradeXYZ live order book, 12 min ago | 2.74 bp | 29.8 bp −$30 | 57.1 bp −$571 | doesn't fit | doesn't fit |
| Sell OKX live order book, 47 min ago | 4.05 bp | 31.2 bp −$31 | doesn't fit | doesn't fit | doesn't fit |
GEV on 8 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit GEVUSDT | 0.0000% | 8h | 946.15 | +0.025% | $313K | $222K | 25x | as long as short |
| OKX GEV-USDT-SWAPshort | 0.0000% | 8h | 947.07 | +0.123% | $608K | $186K | 25x | |
| Gate GEV_USDT | 0.0000% | 8h | 948.10 | +0.232% | $293K | $19K | 20x | as long as short |
| Bitget GEVUSDT | 0.0000% | 8h | 948.14 | +0.236% | $491K | $91K | 20x | as long as short |
| HTX GEV-USDT | 0.0000% | 8h | 946.79 | +0.093% | $9K | $38K | 10x | as long as short |
| Lighter GEV | +0.0032% | 1h | 947.10 | +0.126% | $3K | $750 | 10x | as long as short |
| Binance GEVUSDT | +0.0236% | 8h | 946.89 | +0.104% | $1.5M | $704K | 25x | as long as short |
| tradeXYZ xyz:GEVlong | +0.0412% | 1h | 945.91 | long leg | $583K | $149K | 10x |
tradeXYZ xyz:GEV
OKX GEV-USDT-SWAP
Bybit GEVUSDT
Gate GEV_USDT
Bitget GEVUSDT
HTX GEV-USDT
Lighter GEV
Binance GEVUSDT