Funding you earn now, next payment 16:00 UTC−0.0047%/8h= −5.2% APRnext payment −$0.47 per $10,000 · paid last 24h −0.071%
Price spread now: Bitget against OKX+0.212%7-day average +0.139% · you sell dearer than you buy
Net, funding: paid 7d − costs−$112as in the Funding arb table
Net, price: spread back to 7d avg − costs−$88as in the Price arb table
costs, in and out, $10k−$960.957% of the position
Funding, last 7 days−0.163%−$16 on $10k
+Price spread, last 4 days (all we have)−0.183%−$18 · spread now +0.212%, 7d avg +0.139%
=The price spread pays, funding is against you. Bitget is 0.073% dearer against OKX than usual: you sell high and buy low (spread +0.212% now, against its 7-day average of +0.139%): +$7 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 5.1 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX XIAOMI-USDT-SWAP | 3.4860 | 0.0239 | pay 0.0239% / 8h | 5h 29m | $3.6M | $3.3M | 20x |
| Short | Bitget XIAOMIUSDT | 3.4934 | 0.0192 | get 0.0192% / 8h | 5h 29m | $754K | $474K | 5x |
OKX XIAOMI-USDT-SWAP
Bitget XIAOMIUSDTFunding 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
- −$9.96
- Price spread: +0.212% → +0.139%
- $7.32
- Slippage, 4 orders
- −$73.74
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$98.38
- Costs to cover
- 0.957%
- Break-even
- never at this rate
Slippage from OKX: live order book, 1 min ago; Bitget: live order book, 14 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, 1 min ago | 1.43 bp | 20.7 bp −$21 | 192.8 bp −$1,928 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 14 min ago | 6.01 bp | 33.0 bp −$33 | 69.6 bp −$696 | doesn't fit | doesn't fit |
XIAOMI on 7 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Aster XIAOMIUSDT | 0.0000% | 8h | 3.5290 | +1.234% | $84K | $3K | 5x | as long as short |
| Bybit XIAOMIUSDT | 0.0000% | 8h | 3.5040 | +0.516% | $288K | $87K | 25x | as long as short |
| Lighter XIAOMI | +0.0032% | 1h | 3.4982 | +0.350% | $11K | $7K | 10x | as long as short |
| Bitget XIAOMIUSDTshort | +0.0192% | 8h | 3.4934 | +0.212% | $754K | $474K | 5x | |
| OKX XIAOMI-USDT-SWAPlong | +0.0239% | 8h | 3.4860 | long leg | $3.6M | $3.3M | 20x | |
| edgeX XIAOMIUSDC | +0.0321% | 4h | 3.4934 | +0.212% | $152K | $252K | 10x | as long as short |
| Gate XIAOMI_USDT | +0.0394% | 8h | 3.4960 | +0.287% | $1.1M | $303K | 25x | as long as short |
Aster XIAOMIUSDT
Bybit XIAOMIUSDT
Lighter XIAOMI
edgeX XIAOMIUSDC
Gate XIAOMI_USDT