Funding you earn now, next payment 16:00 UTC+0.0047%/8h= +5.1% APRnext payment +$0.47 per $10,000 · paid last 24h +0.016%
Price spread now: OKX against Bitget+0.044%7-day average −0.017% · you sell dearer than you buy
Net, funding: paid 7d − costs−$251as in the Funding arb table
Net, price: spread back to 7d avg − costs−$247as in the Price arb table
costs, in and out, $10k−$2532.529% of the position
Funding, last 7 days+0.016%+$2 on $10k
+Price spread, last 4 days (all we have)−0.131%−$13 · spread now +0.044%, 7d avg −0.017%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and OKX is 0.061% dearer against Bitget than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.017%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget KLACUSDT | 182.52 | −0.0047 | get 0.0047% / 8h | 7h 03m | $697K | $144K | 20x |
| Short | OKX KLAC-USDT-SWAP | 182.60 | 0 | get 0.0000% / 8h | 7h 03m | $380K | $212K | 20x |
Bitget KLACUSDT
OKX KLAC-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
- $9.87
- Price spread: +0.044% → −0.017%
- $6.13
- Slippage, 4 orders
- −$230.88
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$236.88
- Costs to cover
- 2.529%
- Break-even
- 175.0 days
Slippage from Bitget: live order book, 27 min ago; OKX: live order book, 27 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, 27 min ago | 23.74 bp | 35.4 bp −$35 | 55.0 bp −$550 | doesn't fit | doesn't fit |
| Sell OKX live order book, 27 min ago | 3.87 bp | 73.0 bp −$73 | doesn't fit | doesn't fit | doesn't fit |
KLAC on 10 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget KLACUSDTlong | −0.0047% | 8h | 182.52 | long leg | $697K | $144K | 20x | |
| Binance KLACUSDT | 0.0000% | 8h | 182.45 | −0.038% | $1.2M | $1.4M | 20x | as long as short |
| Bybit KLACUSDT | 0.0000% | 8h | 182.67 | +0.082% | $311K | $151K | 25x | as long as short |
| OKX KLAC-USDT-SWAPshort | 0.0000% | 8h | 182.60 | +0.044% | $380K | $212K | 20x | |
| Gate KLAC_USDT | 0.0000% | 8h | 182.26 | −0.142% | $459K | $32K | 20x | as long as short |
| Variational Omni KLAC | 0.0000% | 8h | 182.37 | −0.082% | $20K | $19K | — | as long as short |
| Extended KLAC_24_5-USD | +0.0040% | 1h | 182.36 | −0.086% | $5K | — | 10x | as long as short |
| Vest KLAC-USD-PERP | +0.0046% | 1h | 182.39 | −0.071% | — | $6K | 10x | as long as short |
| KuCoin KLACUSDTM | +0.0100% | 8h | 182.27 | −0.137% | $199K | $943K | 20x | as long as short |
| HTX KLAC-USDT | +0.0100% | 8h | 182.25 | −0.148% | $9K | $354K | 10x | as long as short |
Binance KLACUSDT
Bybit KLACUSDT
Gate KLAC_USDT
Variational Omni KLAC
Extended KLAC_24_5-USD
Vest KLAC-USD-PERP
KuCoin KLACUSDTM
HTX KLAC-USDT