Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | OKXOURA-USDT-SWAP | 51.399 | 0 | get 0.0000% / 8h | 5h 21m | $131K | $1.1M | 20x | Long OKX |
| SHORT | GateOURA_USDT | 52.500 | 0 | get 0.0000% / 8h | 5h 21m | $597K | $390K | 10x | Short Gate |
Price gap+2.142%
Funding gap0.0000% /8h
Funding is ≈ 0, so this is a price-spread trade: +$134 on $10k if the gap goes back to its 7d average.
Funding you earn now0.0000% /8hpaid last 24h 0.000% · next 16:00 UTC
Price spread now+2.142%7d average +0.805% · you sell dearer than you buy
Net 7d · $10k—Paid 7d $01d − costs $663 · under 7 days of funding history
Net, price · $10k−$529spread back to 7d avg − costs · as in Price arb
Costs, in and out · $10k−$6636.625% of a $10k position
Funding, last
1 day, all we have0.000%$0 on $10kPrice spread, last 1 day of 7D (all we have)−2.005%−$201 · now +2.142%, avg +0.805%
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
Gate price against OKXnow
RANGE STATS · 7D
Now+2.142%
Average—
Range—
Wider than now—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hOURA on 12 exchanges
lowest funding first| Exchange | Funding /8h | Every | Price | vs long leg | OI | Vol 24h | Lev | KYC | Use as | |
|---|---|---|---|---|---|---|---|---|---|---|
| LighterOURA | −0.0216% · 1h | 1h | 52.395 | +1.938% | $110K | $197K | 5x | No | 52.395 · +1.938% · OI $110K · 5x · KYC No | longshort |
| QFEXOURA-USD | −0.0014% · 1h | 1h | 51.440 | +0.080% | $1.1M | $566K | 10x | No | 51.440 · +0.080% · OI $1.1M · 10x · KYC No | longshort |
| OKXOURA-USDT-SWAP | 0.0000% · 8h | 8h | 51.399 | long leg | $131K | $1.1M | 20x | Yes | 51.399 · long leg · OI $131K · 20x · KYC Yes | LONG |
| GateOURA_USDT | 0.0000% · 8h | 8h | 52.500 | +2.142% | $597K | $390K | 10x | Yes | 52.500 · +2.142% · OI $597K · 10x · KYC Yes | SHORT |
| BitgetOURAUSDT | 0.0000% · 8h | 8h | 51.254 | −0.282% | $1.6M | $10.0M | 20x | Yes | 51.254 · −0.282% · OI $1.6M · 20x · KYC Yes | longshort |
| SunXOURA-USDT | 0.0000% · 8h | 8h | 51.230 | −0.329% | — | $2.2M | 10x | No | 51.230 · −0.329% · OI — · 10x · KYC No | longshort |
| HTXOURA-USDT | 0.0000% · 8h | 8h | 51.580 | +0.352% | $12K | $393K | 10x | Limited | 51.580 · +0.352% · OI $12K · 10x · KYC Limited | longshort |
| tradeXYZxyz:OURA | 0.0000% · 1h | 1h | 51.314 | −0.165% | $226K | $1.0M | 5x | No | 51.314 · −0.165% · OI $226K · 5x · KYC No | longshort |
| BloFinOURA-USDT | +0.0023% · 8h | 8h | 51.480 | +0.158% | $46K | $26K | 20x | Limited | 51.480 · +0.158% · OI $46K · 20x · KYC Limited | longshort |
| AsterOURAUSD1 | +0.0050% · 8h | 8h | 51.146 | −0.492% | $101K | $73K | 20x | No | 51.146 · −0.492% · OI $101K · 20x · KYC No | longshort |
| BinanceOURAUSDT | +0.0050% · 8h | 8h | 51.448 | +0.095% | $811K | $3.4M | 20x | Yes | 51.448 · +0.095% · OI $811K · 20x · KYC Yes | longshort |
| KuCoinOURAUSDTM | +0.0050% · 8h | 8h | 51.630 | +0.449% | $14K | $3.3M | 20x | Yes | 51.630 · +0.449% · OI $14K · 20x · KYC Yes | longshort |
Before you open
2 ok · 3 to watch- Watch: Thin at this size48.0 / 104.4 bpAt $10k Gate’s book costs 104.4 bp to enter, 2.2× OKX’s.
- Note: Margin at max leverage$500 + $1,000OKX 20x, Gate 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- OK: Same payment interval8h / 8hBoth legs pay at the same time.Next 24h at the current rates, on $10k a leg: $0.00Long OKX: 3 payments, $0.00; short Gate: 3 payments, $0.00.
- OK: Entry gap works for you+2.142% vs +0.805%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Long leg is thinner$131K vs $597K OIOKX sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCOKX Yes · Gate YesAdvanced verification before trading, deposits or withdrawals.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned0.0000%/8h × 21 periods$0.00
Price spread+2.142% → +0.805% (7d avg)+$133.75
Slippage, 4 orderslive order books−$637.53
Fee OKX bp × 2 orders−$10.00
Fee Gate bp × 2 orders−$15.00
Net · 7 days · $10k−$528.79
Costs to cover6.625%Break-evennever at this rate
Slippage: OKX: live order book, 2 min ago; Gate: live order book, 12 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGOKX12.4848.0 bp−$48158.5 bp−$1,585doesn’t fitdoesn’t fit
SELL · SHORTGate27.70104.4 bp−$104doesn’t fitdoesn’t fitdoesn’t fit
Closing costs about the same again.