Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: OKX against Gate+0.145%7-day average −0.011% · you sell dearer than you buy
Net, funding: paid 7d − costs−$334as in the Funding arb table
Net, price: spread back to 7d avg − costs−$318as in the Price arb table
costs, in and out, $10k−$3343.338% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)−0.209%−$21 · spread now +0.145%, 7d avg −0.011%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.156% dearer against Gate than usual: you sell high and buy low, +$16 on $10k if it goes back to its 7-day average of −0.011%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate TER_USDT | 379.50 | 0 | get 0.0000% / 8h | 2h 02m | $294K | $228K | 20x |
| Short | OKX TER-USDT-SWAP | 380.05 | 0 | get 0.0000% / 8h | 2h 02m | $202K | $174K | 20x |
Gate TER_USDT
OKX TER-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against Gate. 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: +0.145% → −0.011%
- $15.58
- Slippage, 4 orders
- −$308.83
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$318.25
- Costs to cover
- 3.338%
- Break-even
- never at this rate
Slippage from Gate: live order book, 42 min ago; OKX: live order book, 42 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 Gate live order book, 42 min ago | 9.24 bp | 187.4 bp −$187 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 42 min ago | 15.56 bp | 34.1 bp −$34 | doesn't fit | doesn't fit | doesn't fit |
TER on 10 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget TERUSDT | −0.0228% | 8h | 380.06 | +0.148% | $250K | $151K | 20x | as long as short |
| Binance TERUSDT | 0.0000% | 8h | 379.44 | −0.016% | $531K | $977K | 25x | as long as short |
| Bybit TERUSDT | 0.0000% | 8h | 379.44 | −0.016% | $250K | $181K | 25x | as long as short |
| OKX TER-USDT-SWAPshort | 0.0000% | 8h | 380.05 | +0.145% | $202K | $174K | 20x | |
| Gate TER_USDTlong | 0.0000% | 8h | 379.50 | long leg | $294K | $228K | 20x | |
| Variational Omni TER | 0.0000% | 8h | 379.54 | +0.011% | $48K | $52K | — | as long as short |
| Extended TER_24_5-USD | +0.0040% | 1h | 381.25 | +0.462% | $36K | $4K | 10x | as long as short |
| KuCoin TERUSDTM | +0.0100% | 8h | 379.07 | −0.113% | $231K | $89K | 20x | as long as short |
| HTX TER-USDT | +0.0100% | 8h | 379.62 | +0.032% | $3K | $39K | 10x | as long as short |
| Paragon para:TER | +0.0784% | 1h | 380.13 | +0.166% | $121K | $57K | 10x | as long as short |
Bitget TERUSDT
Binance TERUSDT
Bybit TERUSDT
Variational Omni TER
Extended TER_24_5-USD
KuCoin TERUSDTM
HTX TER-USDT
Paragon para:TER