Funding you earn now, next payment 08:00 UTC+0.1004%/8h= +110.0% APRpaid last 24h +0.050%
Price spread now: OKX against Gate+0.244%7-day average −0.005% · you sell dearer than you buy
Net, funding: paid 7d − costs−$477as in the Funding arb table
Net, price: spread back to 7d avg − costs−$472as in the Price arb table
costs, in and out, $10k−$4974.969% of the position
Funding, last 7 days+0.194%+$19 on $10k
+Price spread, last 4 days (all we have)−0.330%−$33 · spread now +0.244%, 7d avg −0.005%
=Both sides work for this trade now. Funding pays +$30 a day on $10k at the current rate, and OKX is 0.249% dearer against Gate than usual: you sell high and buy low: +$25 more if the spread goes back to its 7-day average of −0.005%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.194% in total (about 11.2% 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 | Gate LGELECTRONICS_USDT | 155.72 | −0.3432 | get 0.1716% / 4h | 40m 26s | $106K | $63K | 20x |
| Short | OKX LGELECTRONICS-USDT-SWAP | 156.10 | −0.2428 | pay 0.2428% / 8h | 40m 26s | $103K | $96K | 20x |
Gate LGELECTRONICS_USDT
OKX LGELECTRONICS-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against Gate. 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
- $210.9
- Price spread: +0.244% → −0.005%
- $24.92
- Slippage, 4 orders
- −$471.9
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$261.08
- Costs to cover
- 4.969%
- Break-even
- 15.7 days
Slippage from Gate: live order book, 7 min ago; OKX: live order book, 59 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 Gate live order book, 7 min ago | 22.75 bp | 278.7 bp −$279 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 59 min ago | 9.49 bp | 95.5 bp −$96 | 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 LGELECTRONICSUSDT | −0.4536% | 8h | 156.38 | +0.424% | $246K | $698K | 20x | as long as short |
| GRVT LGELECTRONICS_USDT_Perp | −0.4508% | 4h | 155.99 | +0.172% | $248 | $172K | 10x | as long as short |
| Gate LGELECTRONICS_USDTlong | −0.3432% | 4h | 155.72 | long leg | $106K | $63K | 20x | |
| MEXC LGELECTRONICS_USDT | −0.3324% | 4h | 156.25 | +0.340% | $237K | $134K | 20x | as long as short |
| Binance LGELECTRONICSUSDT | −0.3270% | 4h | 155.88 | +0.100% | $105K | $737K | 20x | as long as short |
| OKX LGELECTRONICS-USDT-SWAPshort | −0.2428% | 8h | 156.10 | +0.244% | $103K | $96K | 20x | |
| Bybit LGELECTRONICSUSDT | −0.2419% | 8h | 156.36 | +0.411% | $39K | $49K | 25x | as long as short |
| edgeX LGELUSDC | −0.0784% | 4h | 155.90 | +0.118% | $13K | $217K | 10x | as long as short |
| HTX LGELECTRONICS-USDT | 0.0000% | 4h | 155.89 | +0.109% | $9K | $40K | 10x | as long as short |
Bitget LGELECTRONICSUSDT
GRVT LGELECTRONICS_USDT_Perp
MEXC LGELECTRONICS_USDT
Binance LGELECTRONICSUSDT
Bybit LGELECTRONICSUSDT
edgeX LGELUSDC
HTX LGELECTRONICS-USDT