Settings8H · net · $10k
LanguageThe language of the site
FundingPeriod funding rates are shown in
UnitsPercent or basis points
CostsCount taker fees and slippage in Net
SizePosition per leg used for Net and slippage
ExchangesWhich exchanges to include everywhere
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Backtest 30d
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG40.030+0.0266pay 0.0266% / 8h38m 03s$337K$300K10xLong OKX
SHORT39.79600.0000% / 8h38m 03s$2.6M$3.1M20xShort Bitget
Price gap−0.585%
Funding gap−0.0266% /8h

Both sides work against this direction now: funding costs $8 a day on $10k and the gap is 0.438% under its 7d average. Swap the legs.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding−$10−0.0266% /8h now · paid −0.097% over the last 7D
Price−$44spread −0.585% now, avg −0.147% → −0.438% if it goes back
Costs−$4114.106% of $10k · taker + slippage, in and out

The current funding rate is far below what this pair has been paying: over the last 7 days it paid −0.097% in total, about −0.0051%/8h on average.

Funding history

you earnyou payavg
RANGE STATS · 7D
Average /8h—
Highest—
Lowest—
Paid you—

Short leg rate minus long leg rate, per 8h. Above zero: the pair pays you.

Price spread between the two exchanges

Bitget price against OKXnow
RANGE STATS · 7D
Now−0.585%
Average—
Range—
Wider than now—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

MSTU on 6 exchanges

lowest funding first

Before you open

1 ok · 4 to watch
  • Watch: Thin at this size145.3 / 38.8 bp
    At $10k entering OKX costs 145.3 bp, fee and slippage, 3.7× Bitget’s.
  • Note: Margin at max leverage$1,000 + $500
    OKX 10x, Bitget 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
  • OK: Same payment interval8h / 8h
    Both legs pay at the same time.
    Next 24h at the current rates, on $10k a leg: −$7.99Long OKX: 3 payments, −$7.99; short Bitget: 3 payments, $0.00.
  • Watch: Gap narrower than usual−0.585% vs −0.147%
    Less room for the price leg to pay you. If it goes back to average, the short loses.
  • Watch: Long leg is thinner$337K vs $2.6M OI
    OKX sets your exit cost. Check its book before closing.
  • Note: No points program—
    Neither exchange runs points right now.
  • Watch: KYCOKX Yes · Bitget Yes
    Advanced verification before trading, deposits or withdrawals.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned−0.0051%/8h × 21 periods−$10.74
Price spread−0.585% → −0.147% (7d avg)−$43.80
Slippage, 4 orderslive order books−$388.64
Fee OKX bp × 2 orders−$10.00
Fee Bitget bp × 2 orders−$12.00
Net · 7 days · $10k−$465.19
Costs to cover4.106%Break-evennever at this rate
Slippage: OKX: live order book, 52 min ago; Bitget: live order book, 5 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGOKX7.69145.3 bp−$145doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTBitget13.4638.8 bp−$39105.5 bp−$1,055doesn’t fitdoesn’t fit

Closing costs about the same again.

Alert

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