Funding you earn now, next payment 00:00 UTC+0.0032%/8h= +3.5% APRnext payment +$0.16 per $10,000 · paid last 24h +0.001%
Price spread now: Bitget against OKX+0.286%7-day average +0.092% · you sell dearer than you buy
Net, funding: paid 7d − costs−$176as in the Funding arb table
Net, price: spread back to 7d avg − costs−$159as in the Price arb table
costs, in and out, $10k−$1781.783% of the position
Funding, last 7 days+0.024%+$2 on $10k
+Price spread, last 4 days (all we have)+0.264%+$26 · spread now +0.286%, 7d avg +0.092%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Bitget is 0.194% dearer against OKX than usual: you sell high and buy low: +$19 more if the spread goes back to its 7-day average of +0.092%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX ATH-USDT-SWAP | 0.005593 | 0.0068 | pay 0.0034% / 4h | 2h 14m | $715K | $1.3M | 20x |
| Short | Bitget ATHUSDT | 0.005609 | 0.0100 | get 0.0050% / 4h | 2h 14m | $1.6M | $804K | 25x |
OKX ATH-USDT-SWAP
Bitget ATHUSDTFunding 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
- $6.7
- Price spread: +0.286% → +0.092%
- $19.42
- Slippage, 4 orders
- −$156.35
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$152.22
- Costs to cover
- 1.783%
- Break-even
- 166.0 days
Slippage from OKX: live order book, 2 min ago; Bitget: 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 OKX live order book, 2 min ago | 5.36 bp | 69.3 bp −$69 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 2 min ago | 7.13 bp | 25.6 bp −$26 | 100.4 bp −$1,004 | doesn't fit | doesn't fit |
ATH on 13 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ATHUSD | −0.3500% | 1h | 0.005597 | +0.077% | $20K | $107K | 10x | as long as short |
| Variational Omni ATH | −0.0089% | 4h | 0.005603 | +0.174% | $189K | $94K | — | as long as short |
| dYdX ATH-USD | 0.0000% | 1h | 0.005620 | +0.478% | $11K | $16 | 5x | as long as short |
| BloFin ATH-USDT | +0.0059% | 4h | 0.005626 | +0.590% | $174K | $62K | 75x | as long as short |
| OKX ATH-USDT-SWAPlong | +0.0068% | 4h | 0.005593 | long leg | $715K | $1.3M | 20x | |
| Aster ATHUSDT | +0.0100% | 4h | 0.005607 | +0.243% | $7K | $34K | 5x | as long as short |
| Binance ATHUSDT | +0.0100% | 4h | 0.005606 | +0.232% | $3.4M | $3.9M | 50x | as long as short |
| Bybit ATHUSDT | +0.0100% | 4h | 0.005598 | +0.089% | $4.5M | $2.3M | 25x | as long as short |
| Gate ATH_USDT | +0.0100% | 4h | 0.005599 | +0.107% | $801K | $531K | 30x | as long as short |
| MEXC ATH_USDT | +0.0100% | 4h | 0.005607 | +0.250% | $8.9M | $666K | 50x | as long as short |
Kraken Futures PF_ATHUSD
Variational Omni ATH
dYdX ATH-USD
BloFin ATH-USDT
Aster ATHUSDT
Binance ATHUSDT
Bybit ATHUSDT
Gate ATH_USDT
MEXC ATH_USDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin ATHUSDTM | +0.0100% | 4h | 0.005598 | +0.089% | $562K | $84K | 30x | as long as short |
| Bitget ATHUSDTshort | +0.0100% | 4h | 0.005609 | +0.286% | $1.6M | $804K | 25x | |
| BingX ATH-USDT | +0.0100% | 4h | 0.005602 | +0.161% | — | $21.7M | — | as long as short |
KuCoin ATHUSDTM
BingX ATH-USDT