Funding you earn now, next payment 16:00 UTC+0.1551%/8h= +169.9% APRnext payment +$15.51 per $10,000 · paid last 24h +0.263%
Price spread now: OKX against Bitget−0.399%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.343%+$34 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding pays, the price is against you. OKX is 0.399% cheaper against Bitget than usual: you would sell low and buy high (spread −0.399% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$40 on $10k: about 21 hours of funding at the current rate (+$47 a day). At the pace of the last 7 days (+0.343% in total) that is about 7.4 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.343% in total (about 19.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$15.51 per $10,000. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget NAVERUSDT | 147.84 | −0.1843 | get 0.1843% / 8h | 6h 17m | $57K | $289K | 20x |
| Short | OKX NAVER-USDT-SWAP | 147.25 | −0.0292 | pay 0.0292% / 8h | 6h 17m | $10K | $34K | 20x |
Bitget NAVERUSDT
OKX NAVER-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
- $325.77
- Price spread: −0.399% → 0.000%
- −$39.91
- Slippage, 4 orders
- no order book: not counted
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- $263.86
- Costs to cover
- 0.220%
- Break-even
- 1.3 days
Slippage unknown: Bitget: live order book, 28 min ago; OKX: no order-book sample. Net counts fees only.
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, 28 min ago | 9.49 bp | 33.7 bp −$34 | 84.5 bp −$845 | doesn't fit | doesn't fit |
| Sell OKX no order-book sample | — | — | — | — | — |
OKX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
NAVER on 8 exchanges
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 NAVERUSDTlong | −0.1843% | 8h | 147.84 | long leg | $57K | $289K | 20x | |
| OKX NAVER-USDT-SWAPshort | −0.0292% | 8h | 147.25 | −0.399% | $10K | $34K | 20x | |
| edgeX NAVERUSDC | −0.0177% | 4h | 147.90 | +0.041% | $7K | $206K | 10x | as long as short |
| Binance NAVERUSDT | 0.0000% | 4h | 147.76 | −0.054% | $108K | $214K | 20x | as long as short |
| Bybit NAVERUSDT | 0.0000% | 8h | 147.78 | −0.041% | $20K | $17K | 25x | as long as short |
| Gate NAVER_USDT | 0.0000% | 4h | 147.87 | +0.020% | $78K | $28K | 20x | as long as short |
| GRVT NAVER_USDT_Perp | 0.0000% | 4h | 147.79 | −0.035% | $606 | $106K | 10x | as long as short |
| HTX NAVER-USDT | 0.0000% | 4h | 147.90 | +0.041% | $5K | $377K | 10x | as long as short |
edgeX NAVERUSDC
Binance NAVERUSDT
Bybit NAVERUSDT
Gate NAVER_USDT
GRVT NAVER_USDT_Perp
HTX NAVER-USDT