Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.095%
Price spread now: Bitget against OKX+0.078%7-day average −0.219% · you sell dearer than you buy
Net, funding: paid 7d − costs−$230as in the Funding arb table
Net, price: spread back to 7d avg − costs−$185as in the Price arb table
costs, in and out, $10k−$2152.151% of the position
Funding, last 7 days−0.147%−$15 on $10k
+Price spread, last 4 days (all we have)−0.330%−$33 · spread now +0.078%, 7d avg −0.219%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.297% dearer against OKX than usual: you sell high and buy low, +$30 on $10k if it goes back to its 7-day average of −0.219%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX SPCH-USDT-SWAP | 10.296 | 0 | get 0.0000% / 8h | 7h 57m | $95K | $281K | 10x |
| Short | Bitget SPCHUSDT | 10.304 | 0 | get 0.0000% / 8h | 7h 57m | $212K | $285K | 20x |
OKX SPCH-USDT-SWAP
Bitget SPCHUSDTFunding 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
- $0
- Price spread: +0.078% → −0.219%
- $29.71
- Slippage, 4 orders
- −$193.05
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$185.34
- Costs to cover
- 2.151%
- Break-even
- never at this rate
Slippage from OKX: live order book, 38 min ago; Bitget: live order book, 33 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 OKX live order book, 38 min ago | 4.84 bp | 68.0 bp −$68 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 33 min ago | 4.84 bp | 54.2 bp −$54 | 62.2 bp −$622 | 189.8 bp −$19.0K | doesn't fit |
SPCH on 5 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 SPCHUSDT | 0.0000% | 8h | 10.302 | +0.058% | $174K | $184K | 25x | as long as short |
| OKX SPCH-USDT-SWAPlong | 0.0000% | 8h | 10.296 | long leg | $95K | $281K | 10x | |
| Gate SPCH_USDT | 0.0000% | 8h | 10.311 | +0.146% | $232K | $495K | 20x | as long as short |
| Bitget SPCHUSDTshort | 0.0000% | 8h | 10.304 | +0.078% | $212K | $285K | 20x | |
| HTX SPCH-USDT | 0.0000% | 8h | 10.314 | +0.175% | $17K | $392K | 20x | as long as short |
Bybit SPCHUSDT
Gate SPCH_USDT
HTX SPCH-USDT