Funding you earn now, next payment 16:00 UTC−0.0123%/8h= −13.5% APRnext payment −$1.23 per $10,000 · paid last 24h −0.073%
Price spread now: Gate against OKX−0.020%7-day average +0.105% · you buy dearer than you sell
Net, funding: paid 7d − costs−$567as in the Funding arb table
Net, price: spread back to 7d avg − costs−$542as in the Price arb table
costs, in and out, $10k−$5295.295% of the position
Funding, last 7 days−0.379%−$38 on $10k
+Price spread, last 4 days (all we have)+0.158%+$16 · spread now −0.020%, 7d avg +0.105%
=Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Gate is 0.125% cheaper against OKX than usual: you would sell low and buy high (−$12 if the spread goes back to its 7-day average of +0.105%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX VRT-USDT-SWAP | 248.35 | 0.0123 | pay 0.0123% / 8h | 7h 22m | $256K | $170K | 20x |
| Short | Gate VRT_USDT | 248.30 | 0 | get 0.0000% / 8h | 7h 22m | $151K | $23K | 20x |
OKX VRT-USDT-SWAP
Gate VRT_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
- −$25.86
- Price spread: −0.020% → +0.105%
- −$12.5
- Slippage, 4 orders
- −$504.45
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$567.8
- Costs to cover
- 5.295%
- Break-even
- never at this rate
Slippage from OKX: live order book, 7 min ago; Gate: 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 OKX live order book, 7 min ago | 7.47 bp | 82.3 bp −$82 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 3 min ago | 14.11 bp | 168.9 bp −$169 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit VRTUSDT | 0.0000% | 8h | 248.34 | −0.004% | $447K | $124K | 25x | as long as short |
| Gate VRT_USDTshort | 0.0000% | 8h | 248.30 | −0.020% | $151K | $23K | 20x | |
| Bitget VRTUSDT | 0.0000% | 8h | 247.80 | −0.221% | $507K | $177K | 20x | as long as short |
| SunX VRT-USDT | 0.0000% | 8h | 247.93 | −0.169% | $1K | $440K | 10x | as long as short |
| HTX VRT-USDT | 0.0000% | 8h | 247.11 | −0.499% | $8K | $41K | 10x | as long as short |
| Injective VRT/USDC PERP | +0.0033% | 1h | 249.42 | +0.431% | $9K | $50 | 12x | as long as short |
| OKX VRT-USDT-SWAPlong | +0.0123% | 8h | 248.35 | long leg | $256K | $170K | 20x | |
| KuCoin VRTUSDTM | +0.0418% | 8h | 248.07 | −0.113% | $111K | $79K | 20x | as long as short |
| Binance VRTUSDT | +0.0472% | 8h | 248.15 | −0.081% | $1.1M | $1.1M | 25x | as long as short |
Bybit VRTUSDT
Bitget VRTUSDT
SunX VRT-USDT
HTX VRT-USDT
Injective VRT/USDC PERP
KuCoin VRTUSDTM
Binance VRTUSDT