Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.095%
Price spread now: Gate against OKX+0.048%7-day average −0.316% · you sell dearer than you buy
Net, funding: paid 7d − costs−$615as in the Funding arb table
Net, price: spread back to 7d avg − costs−$525as in the Price arb table
costs, in and out, $10k−$5615.611% of the position
Funding, last 7 days−0.537%−$54 on $10k
+Price spread, last 4 days (all we have)−0.137%−$14 · spread now +0.048%, 7d avg −0.316%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.365% dearer against OKX than usual: you sell high and buy low, +$36 on $10k if it goes back to its 7-day average of −0.316%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX SPCH-USDT-SWAP | 10.344 | 0 | get 0.0000% / 8h | 1h 33m | $97K | $280K | 10x |
| Short | Gate SPCH_USDT | 10.349 | 0 | get 0.0000% / 8h | 1h 33m | $232K | $499K | 20x |
OKX SPCH-USDT-SWAP
Gate SPCH_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
- $0
- Price spread: +0.048% → −0.316%
- $36.48
- Slippage, 4 orders
- −$536.08
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$524.6
- Costs to cover
- 5.611%
- Break-even
- never at this rate
Slippage from OKX: live order book, 6 min ago; Gate: live order book, 7 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, 6 min ago | 7.72 bp | 71.5 bp −$71 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 7 min ago | 27.56 bp | 226.2 bp −$226 | doesn't fit | doesn't fit | 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 | 10.331 | −0.126% | $174K | $188K | 25x | as long as short |
| OKX SPCH-USDT-SWAPlong | 0.0000% | 8h | 10.344 | long leg | $97K | $280K | 10x | |
| Gate SPCH_USDTshort | 0.0000% | 8h | 10.349 | +0.048% | $232K | $499K | 20x | |
| Bitget SPCHUSDT | 0.0000% | 8h | 10.332 | −0.116% | $208K | $277K | 20x | as long as short |
| HTX SPCH-USDT | 0.0000% | 8h | 10.337 | −0.068% | $17K | $401K | 20x | as long as short |
Bybit SPCHUSDT
Bitget SPCHUSDT
HTX SPCH-USDT