Funding you earn now, next payment 08:00 UTC+0.0277%/8h= +30.4% APRnext payment +$2.77 per $10,000 · paid last 24h +0.071%
Price spread now: OKX against Gate−0.300%7-day average −0.102% · you buy dearer than you sell
Net, funding: paid 7d − costs−$382as in the Funding arb table
Net, price: spread back to 7d avg − costs−$438as in the Price arb table
costs, in and out, $10k−$4184.181% of the position
Funding, last 7 days+0.362%+$36 on $10k
+Price spread, last 4 days (all we have)+0.199%+$20 · spread now −0.300%, 7d avg −0.102%
=Funding pays, the price is against you. OKX is 0.198% cheaper against Gate than usual: you would sell low and buy high (spread −0.300% now, against its 7-day average of −0.102%). If the spread goes back, that is −$20 on $10k: about 2.4 days of funding at the current rate (+$8 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate VRT_USDT | 253.10 | 0 | get 0.0000% / 8h | 4h 47m | $141K | $18K | 20x |
| Short | OKX VRT-USDT-SWAP | 252.34 | 0.0277 | get 0.0277% / 8h | 4h 47m | $266K | $161K | 20x |
Gate VRT_USDT
OKX VRT-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
- $58.27
- Price spread: −0.300% → −0.102%
- −$19.81
- Slippage, 4 orders
- −$393.09
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$379.63
- Costs to cover
- 4.181%
- Break-even
- 52.6 days
Slippage from Gate: live order book, 3 min ago; OKX: live order book, 8 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, 3 min ago | 15.78 bp | 141.4 bp −$141 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 8 min ago | 11.26 bp | 63.2 bp −$63 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate VRT_USDTlong | 0.0000% | 8h | 253.10 | long leg | $141K | $18K | 20x | |
| Bitget VRTUSDT | 0.0000% | 8h | 252.62 | −0.190% | $480K | $151K | 20x | as long as short |
| SunX VRT-USDT | 0.0000% | 8h | 252.97 | −0.051% | $1K | $491K | 10x | as long as short |
| HTX VRT-USDT | 0.0000% | 8h | 253.20 | +0.040% | $9K | $42K | 10x | as long as short |
| Injective VRT/USDC PERP | +0.0033% | 1h | 249.42 | −1.454% | $9K | $50 | 12x | as long as short |
| Bybit VRTUSDT | +0.0131% | 8h | 252.89 | −0.083% | $453K | $121K | 25x | as long as short |
| OKX VRT-USDT-SWAPshort | +0.0277% | 8h | 252.34 | −0.300% | $266K | $161K | 20x | |
| KuCoin VRTUSDTM | +0.0405% | 8h | 252.84 | −0.103% | $107K | $22K | 20x | as long as short |
| Binance VRTUSDT | +0.0639% | 8h | 252.60 | −0.198% | $1.1M | $1.1M | 25x | as long as short |
Bitget VRTUSDT
SunX VRT-USDT
HTX VRT-USDT
Injective VRT/USDC PERP
Bybit VRTUSDT
KuCoin VRTUSDTM
Binance VRTUSDT