Funding you earn now, next payment 12:00 UTC+0.0292%/8h= +31.9% APRpaid last 24h +0.091%
Price spread now: Gate against OKX+0.421%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+0.153%+$15 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and Gate is 0.421% dearer against OKX than usual: you sell high and buy low: +$42 more if the spread goes back to zero (this spread has no 7-day history yet).
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.153% in total (about 8.7% a year). A funding rate is set anew for every payment. 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 | OKX NAVER-USDT-SWAP | 147.25 | −0.0292 | get 0.0292% / 8h | 6h 17m | $10K | $34K | 20x |
| Short | Gate NAVER_USDT | 147.87 | 0 | get 0.0000% / 4h | 2h 17m | $78K | $28K | 20x |
OKX NAVER-USDT-SWAP
Gate NAVER_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
- $61.26
- Price spread: +0.421% → 0.000%
- $42.11
- Slippage, 4 orders
- no order book: not counted
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- $78.36
- Costs to cover
- 0.250%
- Break-even
- from the start
Slippage unknown: OKX: no order-book sample; Gate: 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 OKX no order-book sample | — | — | — | — | — |
| Sell Gate no order-book sample | — | — | — | — | — |
OKX and Gate: 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 NAVERUSDT | −0.1843% | 8h | 147.84 | +0.401% | $57K | $289K | 20x | as long as short |
| OKX NAVER-USDT-SWAPlong | −0.0292% | 8h | 147.25 | long leg | $10K | $34K | 20x | |
| edgeX NAVERUSDC | −0.0177% | 4h | 147.90 | +0.442% | $7K | $206K | 10x | as long as short |
| Binance NAVERUSDT | 0.0000% | 4h | 147.76 | +0.346% | $108K | $214K | 20x | as long as short |
| Bybit NAVERUSDT | 0.0000% | 8h | 147.78 | +0.360% | $20K | $17K | 25x | as long as short |
| Gate NAVER_USDTshort | 0.0000% | 4h | 147.87 | +0.421% | $78K | $28K | 20x | |
| GRVT NAVER_USDT_Perp | 0.0000% | 4h | 147.79 | +0.366% | $606 | $106K | 10x | as long as short |
| HTX NAVER-USDT | 0.0000% | 4h | 147.90 | +0.441% | $5K | $377K | 10x | as long as short |
Bitget NAVERUSDT
edgeX NAVERUSDC
Binance NAVERUSDT
Bybit NAVERUSDT
GRVT NAVER_USDT_Perp
HTX NAVER-USDT