Funding you earn now, next payment 16:00 UTC−0.1737%/8h= −190.2% APRnext payment −$17.37 per $10,000 · paid last 24h −0.297%
Price spread now: Bitget against OKX+0.032%7-day average +0.090% · you sell dearer than you buy
Net, funding: paid 7d − costs−$415as in the Funding arb table
Net, price: spread back to 7d avg − costs−$376as in the Price arb table
costs, in and out, $10k−$3703.703% of the position
Funding, last 7 days−0.452%−$45 on $10k
+Price spread, last 4 days (all we have)+0.059%+$6 · spread now +0.032%, 7d avg +0.090%
=Both sides work against this trade now: funding costs −$52 a day on $10k at the current rate, and Bitget is 0.058% cheaper against OKX than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of +0.090%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.452% in total (about -26.0% a year). A funding rate is set anew for every payment; at this rate the next one is about −$17.37 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 | OKX LGELECTRONICS-USDT-SWAP | 155.47 | −0.1992 | get 0.1992% / 8h | 7h 57m | $103K | $96K | 20x |
| Short | Bitget LGELECTRONICSUSDT | 155.52 | −0.3729 | pay 0.3729% / 8h | 7h 57m | $244K | $694K | 20x |
OKX LGELECTRONICS-USDT-SWAP
Bitget LGELECTRONICSUSDTFunding 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
- −$364.76
- Price spread: +0.032% → +0.090%
- −$5.77
- Slippage, 4 orders
- −$348.26
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$740.78
- Costs to cover
- 3.703%
- Break-even
- never at this rate
Slippage from OKX: live order book, 37 min ago; Bitget: live order book, 64 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 OKX live order book, 37 min ago | 8.02 bp | 95.8 bp −$96 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 64 min ago | 16.24 bp | 128.0 bp −$128 | 175.0 bp −$1,750 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit LGELECTRONICSUSDT | −0.4080% | 8h | 155.66 | +0.122% | $38K | $50K | 25x | as long as short |
| Bitget LGELECTRONICSUSDTshort | −0.3729% | 8h | 155.52 | +0.032% | $244K | $694K | 20x | |
| OKX LGELECTRONICS-USDT-SWAPlong | −0.1992% | 8h | 155.47 | long leg | $103K | $96K | 20x | |
| MEXC LGELECTRONICS_USDT | −0.1970% | 4h | 155.25 | −0.142% | $216K | $137K | 20x | as long as short |
| Binance LGELECTRONICSUSDT | −0.1943% | 4h | 155.17 | −0.194% | $104K | $702K | 20x | as long as short |
| Gate LGELECTRONICS_USDT | −0.0242% | 4h | 155.44 | −0.019% | $105K | $63K | 20x | as long as short |
| GRVT LGELECTRONICS_USDT_Perp | 0.0000% | 4h | 155.54 | +0.047% | $30 | $172K | 10x | as long as short |
| HTX LGELECTRONICS-USDT | 0.0000% | 4h | 155.46 | −0.006% | $9K | $40K | 10x | as long as short |
| edgeX LGELUSDC | +0.0259% | 4h | 155.55 | +0.049% | $13K | $218K | 10x | as long as short |
Bybit LGELECTRONICSUSDT
MEXC LGELECTRONICS_USDT
Binance LGELECTRONICSUSDT
Gate LGELECTRONICS_USDT
GRVT LGELECTRONICS_USDT_Perp
HTX LGELECTRONICS-USDT
edgeX LGELUSDC