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: Gate against OKX−0.119%7-day average +0.011% · you buy dearer than you sell
Net, funding: paid 7d − costs−$334as in the Funding arb table
Net, price: spread back to 7d avg − costs−$347as 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)+0.183%+$18 · spread now −0.119%, 7d avg +0.011%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.129% cheaper against OKX than usual: you would sell low and buy high, −$13 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 | OKX TER-USDT-SWAP | 379.55 | 0 | get 0.0000% / 8h | 2h 14m | $202K | $172K | 20x |
| Short | Gate TER_USDT | 379.10 | 0 | get 0.0000% / 8h | 2h 14m | $294K | $220K | 20x |
OKX TER-USDT-SWAP
Gate TER_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: −0.119% → +0.011%
- −$12.94
- Slippage, 4 orders
- −$308.83
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$346.77
- Costs to cover
- 3.338%
- Break-even
- never at this rate
Slippage from OKX: live order book, 30 min ago; Gate: live order book, 30 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, 30 min ago | 15.56 bp | 38.5 bp −$39 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 30 min ago | 9.24 bp | 73.8 bp −$74 | 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 | −0.0248% | 8h | 379.29 | −0.069% | $250K | $150K | 20x | as long as short |
| Binance TERUSDT | 0.0000% | 8h | 379.25 | −0.080% | $530K | $873K | 25x | as long as short |
| Bybit TERUSDT | 0.0000% | 8h | 378.71 | −0.221% | $250K | $180K | 25x | as long as short |
| OKX TER-USDT-SWAPlong | 0.0000% | 8h | 379.55 | long leg | $202K | $172K | 20x | |
| Gate TER_USDTshort | 0.0000% | 8h | 379.10 | −0.119% | $294K | $220K | 20x | |
| Variational Omni TER | 0.0000% | 8h | 379.08 | −0.125% | $48K | $52K | — | as long as short |
| Extended TER_24_5-USD | +0.0040% | 1h | 379.67 | +0.032% | $36K | $4K | 10x | as long as short |
| KuCoin TERUSDTM | +0.0100% | 8h | 378.77 | −0.206% | $234K | $89K | 20x | as long as short |
| HTX TER-USDT | +0.0100% | 8h | 379.14 | −0.108% | $4K | $39K | 10x | as long as short |
| Paragon para:TER | +0.0623% | 1h | 379.27 | −0.074% | $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