Funding you earn now, next payment 08:00 UTC−0.0056%/8h= −6.1% APRnext payment −$0.28 per $10,000 · paid last 24h −0.027%
Price spread now: Bitget against OKX−0.269%7-day average −0.054% · you buy dearer than you sell
Net, funding: paid 7d − costs−$181as in the Funding arb table
Net, price: spread back to 7d avg − costs−$208as in the Price arb table
costs, in and out, $10k−$1861.864% of the position
Funding, last 7 days+0.050%+$5 on $10k
+Price spread, last 4 days (all we have)+0.200%+$20 · spread now −0.269%, 7d avg −0.054%
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Bitget is 0.215% cheaper against OKX than usual: you would sell low and buy high (−$22 if the spread goes back to its 7-day average of −0.054%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX ACT-USDT-SWAP | 0.01116 | 0.0156 | pay 0.0078% / 4h | 3h 51m | $798K | $1.4M | 10x |
| Short | Bitget ACTUSDT | 0.01113 | 0.0100 | get 0.0050% / 4h | 3h 51m | $269K | $84K | 10x |
OKX ACT-USDT-SWAP
Bitget ACTUSDTFunding 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
- −$11.68
- Price spread: −0.269% → −0.054%
- −$21.52
- Slippage, 4 orders
- −$164.37
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$219.57
- Costs to cover
- 1.864%
- Break-even
- never at this rate
Slippage from OKX: live order book, 5 min ago; Bitget: live order book, 58 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, 5 min ago | 0.45 bp | 42.7 bp −$43 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 58 min ago | 9.17 bp | 60.3 bp −$60 | 566.6 bp −$5,666 | doesn't fit | doesn't fit |
ACT on 7 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance ACTUSDT | +0.0100% | 4h | 0.01114 | −0.179% | $2.1M | $2.3M | 10x | as long as short |
| MEXC ACT_USDT | +0.0100% | 4h | 0.01115 | −0.081% | $6.5M | $113K | 20x | as long as short |
| Bitget ACTUSDTshort | +0.0100% | 4h | 0.01113 | −0.269% | $269K | $84K | 10x | |
| OKX ACT-USDT-SWAPlong | +0.0156% | 4h | 0.01116 | long leg | $798K | $1.4M | 10x | |
| Gate ACT_USDT | +0.0232% | 4h | 0.01113 | −0.269% | $159K | $92K | 25x | as long as short |
| Bybit ACTUSDT | +0.1086% | 4h | 0.01116 | +0.018% | $631K | $437K | 25x | as long as short |
| BingX ACT-USDT | +0.1558% | 4h | 0.01115 | −0.116% | — | $1.3M | — | as long as short |
Binance ACTUSDT
MEXC ACT_USDT
Gate ACT_USDT
Bybit ACTUSDT
BingX ACT-USDT