Funding you earn now, next payment 08:00 UTC−0.0333%/8h= −36.4% APRpaid last 24h −0.050%
Price spread now: Gate against OKX−0.108%7-day average 0.000% · 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−$338as in the Price arb table
costs, in and out, $10k−$3273.272% of the position
Funding, last 6 days (all we have)−0.194%−$19 on $10k
+Price spread, last 4 days (all we have)+0.258%+$26 · spread now −0.108%, 7d avg 0.000%
=Both sides work against this trade now: funding costs −$10 a day on $10k at the current rate, and Gate is 0.108% cheaper against OKX than usual: you would sell low and buy high (−$11 if the spread goes back to its 7-day average of 0.000%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 6 days it paid -0.194% in total (about -11.4% 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 LGELECTRONICS-USDT-SWAP | 157.45 | −0.2887 | get 0.2887% / 8h | 2h 21m | $106K | $101K | 20x |
| Short | Gate LGELECTRONICS_USDT | 157.28 | −0.3220 | pay 0.1610% / 4h | 2h 21m | $108K | $63K | 20x |
OKX LGELECTRONICS-USDT-SWAP
Gate LGELECTRONICS_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$69.9
- Price spread: −0.108% → 0.000%
- −$10.82
- Slippage, 4 orders
- −$302.18
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$407.9
- Costs to cover
- 3.272%
- Break-even
- never at this rate
Slippage from OKX: live order book, 23 min ago; Gate: live order book, 35 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, 23 min ago | 7.92 bp | 97.6 bp −$98 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 35 min ago | 0.63 bp | 18.1 bp −$18 | 53.2 bp −$532 | 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 | −0.4774% | 8h | 157.80 | +0.222% | $241K | $756K | 20x | as long as short |
| MEXC LGELECTRONICS_USDT | −0.4754% | 4h | 157.76 | +0.197% | $237K | $133K | 20x | as long as short |
| Binance LGELECTRONICSUSDT | −0.4751% | 4h | 157.44 | −0.004% | $112K | $769K | 20x | as long as short |
| GRVT LGELECTRONICS_USDT_Perp | −0.4534% | 4h | 157.32 | −0.080% | $480 | $175K | 10x | as long as short |
| Gate LGELECTRONICS_USDTshort | −0.3220% | 4h | 157.28 | −0.108% | $108K | $63K | 20x | |
| OKX LGELECTRONICS-USDT-SWAPlong | −0.2887% | 8h | 157.45 | long leg | $106K | $101K | 20x | |
| Bybit LGELECTRONICSUSDT | −0.1776% | 8h | 156.97 | −0.305% | $40K | $55K | 25x | as long as short |
| HTX LGELECTRONICS-USDT | 0.0000% | 4h | 157.17 | −0.178% | $9K | $38K | 10x | as long as short |
| edgeX LGELUSDC | +0.0590% | 4h | 157.08 | −0.235% | $13K | $216K | 10x | as long as short |
Bitget LGELECTRONICSUSDT
MEXC LGELECTRONICS_USDT
Binance LGELECTRONICSUSDT
GRVT LGELECTRONICS_USDT_Perp
Bybit LGELECTRONICSUSDT
HTX LGELECTRONICS-USDT
edgeX LGELUSDC