Funding you earn now, next payment 08:00 UTC+0.0094%/8h= +10.3% APRnext payment +$0.94 per $10,000 · paid last 24h 0.000%
Price spread now: OKX against Bitget+0.129%7-day average −0.017% · you sell dearer than you buy
Net, funding: paid 7d − costs−$364as in the Funding arb table
Net, price: spread back to 7d avg − costs−$345as in the Price arb table
costs, in and out, $10k−$3603.597% of the position
Funding, last 7 days−0.042%−$4 on $10k
+Price spread, last 4 days (all we have)+0.190%+$19 · spread now +0.129%, 7d avg −0.017%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and OKX is 0.145% dearer against Bitget than usual: you sell high and buy low: +$15 more if the spread goes back to its 7-day average of −0.017%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget OUSTUSDT | 38.840 | −0.0094 | get 0.0094% / 8h | 4h 45m | $427K | $254K | 20x |
| Short | OKX OUST-USDT-SWAP | 38.890 | 0 | get 0.0000% / 8h | 4h 45m | $106K | $256K | 20x |
Bitget OUSTUSDT
OKX OUST-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
- $19.74
- Price spread: +0.129% → −0.017%
- $14.53
- Slippage, 4 orders
- −$337.71
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$325.44
- Costs to cover
- 3.597%
- Break-even
- 122.4 days
Slippage from Bitget: live order book, 6 min ago; OKX: live order book, 10 min ago.
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, 6 min ago | 16.72 bp | 25.3 bp −$25 | 29.2 bp −$292 | 178.8 bp −$17.9K | doesn't fit |
| Sell OKX live order book, 10 min ago | 8.98 bp | 122.6 bp −$123 | doesn't fit | doesn't fit | doesn't fit |
OUST on 7 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX OUSTUSDC | −0.0808% | 4h | 38.890 | +0.128% | $40K | $266K | 10x | as long as short |
| Bitget OUSTUSDTlong | −0.0094% | 8h | 38.840 | long leg | $427K | $254K | 20x | |
| Bybit OUSTUSDT | 0.0000% | 8h | 39.040 | +0.515% | $551K | $393K | 25x | as long as short |
| OKX OUST-USDT-SWAPshort | 0.0000% | 8h | 38.890 | +0.129% | $106K | $256K | 20x | |
| QFEX OUST-USD | 0.0000% | 1h | 38.810 | −0.077% | $1.1M | $511K | 10x | as long as short |
| Gate OUST_USDT | 0.0000% | 8h | 38.840 | 0.000% | $82K | $19K | 20x | as long as short |
| HTX OUST-USDT | +0.0100% | 8h | 38.820 | −0.051% | $3K | $329K | 20x | as long as short |
edgeX OUSTUSDC
Bybit OUSTUSDT
QFEX OUST-USD
Gate OUST_USDT
HTX OUST-USDT