Funding you earn now, next payment 16:00 UTC−0.2416%/8h= −264.6% APRnext payment −$24.16 per $10,000 · paid last 24h −0.263%
Price spread now: Bitget against OKX+0.088%7-day average — · you sell dearer than you buy
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
The price spread pays, funding is against you. Bitget is 0.088% dearer against OKX than usual: you sell high and buy low (spread +0.088% now, against zero (this spread has no 7-day history yet)): +$9 on $10k if it goes back. Holding the pair costs −$72 a day in funding at the current rate, which eats that in about 3 hours. At the pace of the last 7 days (−0.343% in total) that is about 39 hours.
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 -19.7% a year). A funding rate is set anew for every payment; at this rate the next one is about −$24.16 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 NAVER-USDT-SWAP | 147.13 | −0.0903 | get 0.0903% / 8h | 7h 38m | $11K | $34K | 20x |
| Short | Bitget NAVERUSDT | 147.26 | −0.3319 | pay 0.3319% / 8h | 7h 38m | $58K | $289K | 20x |
OKX NAVER-USDT-SWAP
Bitget NAVERUSDTFunding 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
- −$507.37
- Price spread: +0.088% → 0.000%
- $8.84
- Slippage, 4 orders
- no order book: not counted
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$520.54
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: OKX: no order-book sample; Bitget: live order book, 52 min ago. 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 OKX no order-book sample | — | — | — | — | — |
| Sell Bitget live order book, 52 min ago | 11.17 bp | 54.2 bp −$54 | 109.1 bp −$1,091 | doesn't fit | doesn't fit |
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 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 NAVERUSDTshort | −0.3319% | 8h | 147.26 | +0.088% | $58K | $289K | 20x | |
| OKX NAVER-USDT-SWAPlong | −0.0903% | 8h | 147.13 | long leg | $11K | $34K | 20x | |
| edgeX NAVERUSDC | −0.0698% | 4h | 147.25 | +0.078% | $7K | $206K | 10x | as long as short |
| Binance NAVERUSDT | −0.0038% | 4h | 147.33 | +0.136% | $109K | $214K | 20x | as long as short |
| Bybit NAVERUSDT | 0.0000% | 8h | 147.35 | +0.150% | $20K | $16K | 25x | as long as short |
| Gate NAVER_USDT | 0.0000% | 4h | 147.58 | +0.306% | $78K | $28K | 20x | as long as short |
| GRVT NAVER_USDT_Perp | 0.0000% | 4h | 147.36 | +0.158% | $877 | $111K | 10x | as long as short |
| HTX NAVER-USDT | 0.0000% | 4h | 146.74 | −0.265% | $5K | $379K | 10x | as long as short |
edgeX NAVERUSDC
Binance NAVERUSDT
Bybit NAVERUSDT
Gate NAVER_USDT
GRVT NAVER_USDT_Perp
HTX NAVER-USDT