Funding you earn now, next payment 08:00 UTC−0.0458%/8h= −50.1% APRnext payment −$2.29 per $10,000 · paid last 24h −0.053%
Price spread now: Gate against OKX+0.134%7-day average +0.270% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,228as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,262as in the Price arb table
costs, in and out, $10k−$1,24912.487% of the position
Funding, last 7 days+0.208%+$21 on $10k
+Price spread, last 4 days (all we have)+0.053%+$5 · spread now +0.134%, 7d avg +0.270%
=Both sides work against this trade now: funding costs −$14 a day on $10k at the current rate, and Gate is 0.136% cheaper against OKX than usual: you would sell low and buy high (−$14 if the spread goes back to its 7-day average of +0.270%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.208%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.208% in total (about 10.9% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.29 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 | OKX AEON-USDT-SWAP | 0.05987 | 0.0558 | pay 0.0279% / 4h | 2h 31m | $1.7M | $6.3M | 20x |
| Short | Gate AEON_USDT | 0.05995 | 0.0100 | get 0.0050% / 4h | 2h 31m | $576K | $248K | 20x |
OKX AEON-USDT-SWAP
Gate AEON_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
- −$96.17
- Price spread: +0.134% → +0.270%
- −$13.6
- Slippage, 4 orders
- −$1,223.74
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$1,358.5
- Costs to cover
- 12.487%
- Break-even
- never at this rate
Slippage from OKX: live order book, 1 min ago; Gate: 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 | 0.83 bp | 47.6 bp −$48 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 14 min ago | 14.72 bp | 481.8 bp −$482 | doesn't fit | 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 | 0.05969 | −0.297% | $35K | $31K | 5x | as long as short |
| Bybit AEONUSDT | +0.0100% | 4h | 0.05973 | −0.234% | $503K | $191K | 25x | as long as short |
| Gate AEON_USDTshort | +0.0100% | 4h | 0.05995 | +0.134% | $576K | $248K | 20x | |
| Bitget AEONUSDT | +0.0100% | 4h | 0.05978 | −0.150% | $2.1M | $748K | 20x | as long as short |
| KuCoin AEONUSDTM | +0.0328% | 4h | 0.05985 | −0.033% | $1.0M | $1.7M | 20x | as long as short |
| OKX AEON-USDT-SWAPlong | +0.0558% | 4h | 0.05987 | long leg | $1.7M | $6.3M | 20x |
Aster AEONUSDT
Bybit AEONUSDT
Bitget AEONUSDT
KuCoin AEONUSDTM