Funding you earn now, next payment 08:00 UTC+0.1887%/8h= +206.7% APRnext payment +$18.87 per $10,000 · paid last 24h +0.297%
Price spread now: OKX against Bitget−0.241%7-day average −0.086% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$372as in the Price arb table
costs, in and out, $10k−$3563.561% of the position
Funding, last 6 days (all we have)+0.452%+$45 on $10k
+Price spread, last 4 days (all we have)+0.071%+$7 · spread now −0.241%, 7d avg −0.086%
=Funding pays, the price is against you. OKX is 0.155% cheaper against Bitget than usual: you would sell low and buy high (spread −0.241% now, against its 7-day average of −0.086%). If the spread goes back, that is −$15 on $10k: about 7 hours of funding at the current rate (+$57 a day). At the pace of the last 6 days (+0.452% in total) that is about 2.1 days.
The current funding rate is far above what this pair has been paying: over the last 6 days it paid 0.452% in total (about 26.4% a year). A funding rate is set anew for every payment; at this rate the next one is about +$18.87 per $10,000. 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 | Bitget LGELECTRONICSUSDT | 157.83 | −0.4822 | get 0.4822% / 8h | 2h 15m | $241K | $755K | 20x |
| Short | OKX LGELECTRONICS-USDT-SWAP | 157.45 | −0.2935 | pay 0.2935% / 8h | 2h 15m | $106K | $100K | 20x |
Bitget LGELECTRONICSUSDT
OKX LGELECTRONICS-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
- $396.35
- Price spread: −0.241% → −0.086%
- −$15.49
- Slippage, 4 orders
- −$334.09
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- $24.77
- Costs to cover
- 3.561%
- Break-even
- 6.6 days
Slippage from Bitget: live order book, 55 min ago; OKX: live order book, 29 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, 55 min ago | 0.95 bp | 86.1 bp −$86 | 115.1 bp −$1,151 | doesn't fit | doesn't fit |
| Sell OKX live order book, 29 min ago | 7.92 bp | 86.0 bp −$86 | doesn't fit | doesn't fit | doesn't fit |
LGELECTRONICS on 9 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 LGELECTRONICSUSDTlong | −0.4822% | 8h | 157.83 | long leg | $241K | $755K | 20x | |
| MEXC LGELECTRONICS_USDT | −0.4750% | 4h | 158.20 | +0.234% | $237K | $134K | 20x | as long as short |
| Binance LGELECTRONICSUSDT | −0.4732% | 4h | 157.54 | −0.184% | $113K | $770K | 20x | as long as short |
| GRVT LGELECTRONICS_USDT_Perp | −0.4716% | 4h | 157.34 | −0.310% | $297 | $175K | 10x | as long as short |
| Gate LGELECTRONICS_USDT | −0.3336% | 4h | 157.04 | −0.501% | $108K | $63K | 20x | as long as short |
| OKX LGELECTRONICS-USDT-SWAPshort | −0.2935% | 8h | 157.45 | −0.241% | $106K | $100K | 20x | |
| Bybit LGELECTRONICSUSDT | −0.1816% | 8h | 156.88 | −0.602% | $40K | $55K | 25x | as long as short |
| HTX LGELECTRONICS-USDT | 0.0000% | 4h | 157.43 | −0.253% | $9K | $38K | 10x | as long as short |
| edgeX LGELUSDC | +0.0917% | 4h | 157.19 | −0.403% | $13K | $217K | 10x | as long as short |
MEXC LGELECTRONICS_USDT
Binance LGELECTRONICSUSDT
GRVT LGELECTRONICS_USDT_Perp
Gate LGELECTRONICS_USDT
Bybit LGELECTRONICSUSDT
HTX LGELECTRONICS-USDT
edgeX LGELUSDC