Funding you earn now, next payment 04:00 UTC−0.0649%/8h= −71.1% APRpaid last 24h −0.090%
Price spread now: Bitget against OKX−0.051%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.079%−$8 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$19 a day on $10k at the current rate, and Bitget is 0.051% cheaper against OKX than usual: you would sell low and buy high (−$5 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.079% in total (about -4.1% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX KR200-USDT-SWAP | 1,139.9 | 0.0649 | pay 0.0649% / 8h | 7h 51m | $76K | $67K | 10x |
| Short | Bitget KR200USDT | 1,139.3 | 0 | get 0.0000% / 4h | 3h 51m | $131K | $324K | 20x |
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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$136.38
- Price spread: −0.051% → 0.000%
- −$5.09
- Slippage, 4 orders
- no order book: not counted
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$163.47
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: OKX: no order-book sample; Bitget: live order book, 18 min ago. Net counts fees only.
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 no order-book sample | — | — | — | — | — |
| Sell Bitget live order book, 18 min ago | 14.36 bp | 21.9 bp −$22 | 25.2 bp −$252 | doesn't fit | doesn't fit |
OKX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
KR200 on 5 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 KR200USDTshort | 0.0000% | 4h | 1,139.3 | −0.051% | $131K | $324K | 20x | |
| HTX KR200-USDT | 0.0000% | 1h | 1,139.5 | −0.035% | $838 | $319K | 20x | as long as short |
| Extended KR200-USD | +0.0616% | 1h | 1,140.3 | +0.038% | $3K | $36K | 20x | as long as short |
| OKX KR200-USDT-SWAPlong | +0.0649% | 8h | 1,139.9 | long leg | $76K | $67K | 10x | |
| tradeXYZ xyz:KR200 | +0.0678% | 1h | 1,139.9 | 0.000% | $502K | $413K | 20x | as long as short |
OKX KR200-USDT-SWAP
Bitget KR200USDT
HTX KR200-USDT
Extended KR200-USD
tradeXYZ xyz:KR200