Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: OKX against Bitget−0.252%7-day average −0.008% · you buy dearer than you sell
Net, funding: paid 7d − costs−$343as in the Funding arb table
Net, price: spread back to 7d avg − costs−$356as in the Price arb table
costs, in and out, $10k−$3323.317% of the position
Funding, last 7 days−0.115%−$12 on $10k
+Price spread, last 7 days+0.503%+$50 · spread now −0.252%, 7d avg −0.008%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.243% cheaper against Bitget than usual: you would sell low and buy high, −$24 on $10k if it goes back to its 7-day average of −0.008%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget PURRUSDT | 13.514 | 0 | get 0.0000% / 8h | 7h 27m | $405K | $1.9M | 20x |
| Short | OKX PURR-USDT-SWAP | 13.480 | 0 | get 0.0000% / 8h | 7h 27m | $616K | $1.3M | 20x |
Bitget PURRUSDT
OKX PURR-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
- $0
- Price spread: −0.252% → −0.008%
- −$24.33
- Slippage, 4 orders
- −$309.74
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$356.07
- Costs to cover
- 3.317%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 5 min ago; OKX: live order book, 5 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, 5 min ago | 49.53 bp | 98.5 bp −$99 | 125.4 bp −$1,254 | doesn't fit | doesn't fit |
| Sell OKX live order book, 5 min ago | 3.70 bp | 66.9 bp −$67 | 264.4 bp −$2,644 | doesn't fit | doesn't fit |
PURR 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit PURRUSDT | 0.0000% | 8h | 13.474 | −0.296% | $565K | $880K | 25x | as long as short |
| OKX PURR-USDT-SWAPshort | 0.0000% | 8h | 13.480 | −0.252% | $616K | $1.3M | 20x | |
| QFEX PURR-USD | 0.0000% | 1h | 13.470 | −0.326% | $1.4M | $1.7M | 10x | as long as short |
| Gate PURR_USDT | 0.0000% | 8h | 13.495 | −0.141% | $52K | $6K | 20x | as long as short |
| Bitget PURRUSDTlong | 0.0000% | 8h | 13.514 | long leg | $405K | $1.9M | 20x | |
| HTX PURR-USDT | 0.0000% | 1h | 13.535 | +0.155% | $6K | $343K | 20x | as long as short |
| Ondo Perps PURR-USD.P | +0.0050% | 1h | 13.468 | −0.340% | $10K | $55K | 5x | as long as short |
| Extended PURR-USD | +0.1184% | 1h | 13.475 | −0.286% | $194K | $251K | 10x | as long as short |
Bybit PURRUSDT
QFEX PURR-USD
Gate PURR_USDT
HTX PURR-USDT
Ondo Perps PURR-USD.P
Extended PURR-USD