Funding you earn now, next payment 08:00 UTC+0.0342%/8h= +37.4% APRnext payment +$3.42 per $10,000 · paid last 24h +0.077%
Price spread now: OKX against Bitget−0.084%7-day average −0.040% · you buy dearer than you sell
Net, funding: paid 7d − costs−$208as in the Funding arb table
Net, price: spread back to 7d avg − costs−$249as in the Price arb table
costs, in and out, $10k−$2452.451% of the position
Funding, last 7 days+0.368%+$37 on $10k
+Price spread, last 4 days (all we have)+0.114%+$11 · spread now −0.084%, 7d avg −0.040%
=Funding pays, the price is against you. OKX is 0.044% cheaper against Bitget than usual: you would sell low and buy high (spread −0.084% now, against its 7-day average of −0.040%). If the spread goes back, that is −$4 on $10k: about 10 hours of funding at the current rate (+$10 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget VRTUSDT | 250.37 | −0.0092 | get 0.0092% / 8h | 1h 37m | $485K | $157K | 20x |
| Short | OKX VRT-USDT-SWAP | 250.16 | 0.0250 | get 0.0250% / 8h | 1h 37m | $256K | $171K | 20x |
Bitget VRTUSDT
OKX VRT-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against Bitget. 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
- $71.77
- Price spread: −0.084% → −0.040%
- −$4.36
- Slippage, 4 orders
- −$223.06
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$177.65
- Costs to cover
- 2.451%
- Break-even
- 24.3 days
Slippage from Bitget: live order book, 64 min ago; OKX: live order book, 3 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 Bitget live order book, 64 min ago | 6.59 bp | 13.4 bp −$13 | 34.7 bp −$347 | doesn't fit | doesn't fit |
| Sell OKX live order book, 3 min ago | 5.99 bp | 70.7 bp −$71 | doesn't fit | doesn't fit | doesn't fit |
VRT on 9 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 VRTUSDTlong | −0.0092% | 8h | 250.37 | long leg | $485K | $157K | 20x | |
| Gate VRT_USDT | 0.0000% | 8h | 250.80 | +0.172% | $141K | $18K | 20x | as long as short |
| SunX VRT-USDT | 0.0000% | 8h | 250.16 | −0.084% | $1K | $451K | 10x | as long as short |
| HTX VRT-USDT | 0.0000% | 8h | 250.22 | −0.060% | $9K | $42K | 10x | as long as short |
| Injective VRT/USDC PERP | +0.0033% | 1h | 249.42 | −0.379% | $9K | $50 | 12x | as long as short |
| Bybit VRTUSDT | +0.0182% | 8h | 250.29 | −0.032% | $448K | $116K | 25x | as long as short |
| OKX VRT-USDT-SWAPshort | +0.0250% | 8h | 250.16 | −0.084% | $256K | $171K | 20x | |
| Binance VRTUSDT | +0.0533% | 8h | 250.07 | −0.120% | $1.1M | $1.1M | 25x | as long as short |
| KuCoin VRTUSDTM | +0.0570% | 8h | 249.71 | −0.264% | $111K | $24K | 20x | as long as short |
Gate VRT_USDT
SunX VRT-USDT
HTX VRT-USDT
Injective VRT/USDC PERP
Bybit VRTUSDT
Binance VRTUSDT
KuCoin VRTUSDTM