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

KR200

RWAall KR200 markets
SwapBacktest
Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
Funding, last 7 days−0.079%−$8 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds 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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX KR200-USDT-SWAP1,139.90.0649pay 0.0649% / 8h7h 51m$76K$67K10x
ShortBitget KR200USDT1,139.30get 0.0000% / 4h3h 51m$131K$324K20x

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
−$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
LegHalf-spread$10k$100k$1M$5M
Buy OKX no order-book sample
Sell Bitget live order book, 18 min ago14.36 bp21.9 bp −$2225.2 bp −$252doesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget KR200USDTshort0.0000%4h1,139.3−0.051%$131K$324K20x
HTX KR200-USDT0.0000%1h1,139.5−0.035%$838$319K20xas long as short
Extended KR200-USD+0.0616%1h1,140.3+0.038%$3K$36K20xas long as short
OKX KR200-USDT-SWAPlong+0.0649%8h1,139.9long leg$76K$67K10x
tradeXYZ xyz:KR200+0.0678%1h1,139.90.000%$502K$413K20xas long as short