Funding you earn now, next payment 08:00 UTC+0.0478%/8h= +52.4% APRnext payment +$2.39 per $10,000 · paid last 24h +0.052%
Price spread now: OKX against Bitget+0.117%7-day average −0.141% · you sell dearer than you buy
Net, funding: paid 7d − costs−$284as in the Funding arb table
Net, price: spread back to 7d avg − costs−$251as in the Price arb table
costs, in and out, $10k−$2772.769% of the position
Funding, last 7 days−0.066%−$7 on $10k
+Price spread, last 7 days−0.298%−$30 · spread now +0.117%, 7d avg −0.141%
=Both sides work for this trade now. Funding pays +$14 a day on $10k at the current rate, and OKX is 0.258% dearer against Bitget than usual: you sell high and buy low: +$26 more if the spread goes back to its 7-day average of −0.141%. Mind the row above: over the last 7 days funding on this pair cost −0.066%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.066% in total (about -3.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.39 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget AEONUSDT | 0.05984 | 0.0100 | pay 0.0050% / 4h | 2h 31m | $2.1M | $748K | 20x |
| Short | OKX AEON-USDT-SWAP | 0.05991 | 0.0578 | get 0.0289% / 4h | 2h 31m | $1.7M | $6.3M | 20x |
Bitget AEONUSDT
OKX AEON-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
- $100.46
- Price spread: +0.117% → −0.141%
- $25.84
- Slippage, 4 orders
- −$254.88
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$150.58
- Costs to cover
- 2.769%
- Break-even
- 17.5 days
Slippage from Bitget: live order book, 1 min ago; OKX: live order book, 2 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, 1 min ago | 10.02 bp | 73.1 bp −$73 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 2 min ago | 0.83 bp | 51.4 bp −$51 | 375.7 bp −$3,757 | doesn't fit | doesn't fit |
AEON on 6 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster AEONUSDT | +0.0100% | 1h | 0.05971 | −0.217% | $35K | $31K | 5x | as long as short |
| Bybit AEONUSDT | +0.0100% | 4h | 0.05980 | −0.067% | $504K | $191K | 25x | as long as short |
| Gate AEON_USDT | +0.0100% | 4h | 0.06000 | +0.267% | $577K | $248K | 20x | as long as short |
| Bitget AEONUSDTlong | +0.0100% | 4h | 0.05984 | long leg | $2.1M | $748K | 20x | |
| KuCoin AEONUSDTM | +0.0328% | 4h | 0.05987 | +0.050% | $1.0M | $1.7M | 20x | as long as short |
| OKX AEON-USDT-SWAPshort | +0.0578% | 4h | 0.05991 | +0.117% | $1.7M | $6.3M | 20x |
Aster AEONUSDT
Bybit AEONUSDT
Gate AEON_USDT
KuCoin AEONUSDTM