Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.024%
Price spread now: Bitget against OKX−0.137%7-day average −0.180% · you buy dearer than you sell
Net, funding: paid 7d − costs−$163as in the Funding arb table
Net, price: spread back to 7d avg − costs−$156as in the Price arb table
costs, in and out, $10k−$1601.602% of the position
Funding, last 7 days−0.024%−$2 on $10k
+Price spread, last 4 days (all we have)−0.042%−$4 · spread now −0.137%, 7d avg −0.180%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.042% dearer against OKX than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of −0.180%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX UNH-USDT-SWAP | 378.45 | 0 | get 0.0000% / 8h | 2h 29m | $132K | $87K | 20x |
| Short | Bitget UNHUSDT | 377.93 | 0 | get 0.0000% / 8h | 2h 29m | $274K | $79K | 20x |
OKX UNH-USDT-SWAP
Bitget UNHUSDTFunding 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: −0.137% → −0.180%
- $4.23
- Slippage, 4 orders
- −$138.24
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$156.01
- Costs to cover
- 1.602%
- Break-even
- never at this rate
Slippage from OKX: live order book, 15 min ago; Bitget: live order book, 10 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, 15 min ago | 7.94 bp | 60.4 bp −$60 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 10 min ago | 10.46 bp | 16.7 bp −$17 | 43.4 bp −$434 | doesn't fit | doesn't fit |
UNH on 6 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 UNHUSDT | 0.0000% | 8h | 378.60 | +0.040% | $179K | $34K | 25x | as long as short |
| OKX UNH-USDT-SWAPlong | 0.0000% | 8h | 378.45 | long leg | $132K | $87K | 20x | |
| QFEX UNH-USD | 0.0000% | 1h | 377.74 | −0.188% | $1.1M | $2.2M | 10x | as long as short |
| Gate UNH_USDT | 0.0000% | 8h | 378.40 | −0.013% | $93K | $12K | 25x | as long as short |
| Bitget UNHUSDTshort | 0.0000% | 8h | 377.93 | −0.137% | $274K | $79K | 20x | |
| HTX UNH-USDT | 0.0000% | 8h | 377.76 | −0.182% | $6K | $391K | 10x | as long as short |
Bybit UNHUSDT
QFEX UNH-USD
Gate UNH_USDT
HTX UNH-USDT