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

KO

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against OKX+0.023%7-day average −0.039% · you sell dearer than you buy
Net, funding: paid 7d − costs−$163as in the Funding arb table
Net, price: spread back to 7d avg − costs−$156as in the Price arb table
costs, in and out, $10k−$1621.624% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.003%$0 on $10k
Price spread, last 4 days (all we have)−0.111%−$11 · spread now +0.023%, 7d avg −0.039%
Together, before fees−0.114%−$11 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.062% dearer against OKX than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of −0.039%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX KO-USDT-SWAP87.7200get 0.0000% / 8h2h 18m$765K$321K20x
ShortBitget KOUSDT87.7400get 0.0000% / 8h2h 18m$543K$143K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against OKX. 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
$0
Price spread: +0.023% → −0.039%
$6.16
Slippage, 4 orders
−$140.42
Fee OKX: 5 bp × 2 orders
−$10
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$156.26
Costs to cover
1.624%
Break-even
never at this rate
Slippage from OKX: live order book, 28 min ago; Bitget: live order book, 27 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 OKX live order book, 28 min ago3.42 bp31.6 bp −$32doesn't fitdoesn't fitdoesn't fit
Sell Bitget live order book, 27 min ago13.70 bp22.7 bp −$2330.6 bp −$306doesn't fitdoesn't fit

KO 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 KOUSDT0.0000%8h87.650−0.080%$344K$19K25xas long as short
OKX KO-USDT-SWAPlong0.0000%8h87.720long leg$765K$321K20x
Gate KO_USDT0.0000%8h87.680−0.046%$554K$16K25xas long as short
Bitget KOUSDTshort0.0000%8h87.740+0.023%$543K$143K20x
HTX KO-USDT0.0000%8h87.770+0.057%$5K$366K10xas long as short
Binance KOUSDT+0.0015%8h87.770+0.057%$798K$649K20xas long as short
KuCoin KOUSDTM+0.0100%8h87.570−0.171%$54K$2.2M20xas long as short
edgeX KOUSDC+0.0131%4h87.746+0.030%$89K$209K10xas long as short