Settings8H · net · $10k
Funding arb · Price arb /

BASED

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against OKX+0.118%7-day average +0.117% · you sell dearer than you buy
Net, funding: paid 7d − costs−$87as in the Funding arb table
Net, price: spread back to 7d avg − costs−$88as in the Price arb table
costs, in and out, $10k−$880.879% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.012%+$1 on $10k
Price spread, last 7 days+0.118%+$12 · spread now +0.118%, 7d avg +0.117%
Together, before fees+0.129%+$13 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX BASED-USDT-SWAP0.067970.0100pay 0.0050% / 4h6m 17s$2.6M$3.6M20x
ShortBitget BASEDUSDT0.068050.0100get 0.0050% / 4h6m 17s$1.3M$370K25x

Funding 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: +0.118% → +0.117%
$0.04
Slippage, 4 orders
−$65.86
Fee OKX: 5 bp × 2 orders
−$10
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$87.82
Costs to cover
0.879%
Break-even
never at this rate
Slippage from OKX: live order book, 1 min ago; Bitget: live order book, 5 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy OKX live order book, 1 min ago1.47 bp18.1 bp −$1898.7 bp −$987doesn't fitdoesn't fit
Sell Bitget live order book, 5 min ago5.88 bp20.6 bp −$2172.0 bp −$720doesn't fitdoesn't fit

BASED on 15 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance BASEDUSDT+0.0100%4h0.06804+0.103%$4.2M$3.0M25xas long as short
Bybit BASEDUSDT+0.0100%4h0.06794−0.044%$2.1M$593K25xas long as short
OKX BASED-USDT-SWAPlong+0.0100%4h0.06797long leg$2.6M$3.6M20x
Gate BASED_USDT+0.0100%4h0.06796−0.015%$541K$542K50xas long as short
MEXC BASED_USDT+0.0100%4h0.06805+0.118%$4.8M$647K50xas long as short
KuCoin BASEDUSDTM+0.0100%4h0.06796−0.015%$570K$65K20xas long as short
Bitget BASEDUSDTshort+0.0100%4h0.06805+0.118%$1.3M$370K25x
BingX BASED-USDT+0.0100%4h0.06798+0.015%$1.7Mas long as short
Variational Omni BASED+0.0100%4h0.06794−0.050%$93K$21Kas long as short
GRVT BASED_USDT_Perp+0.0100%4h0.06810+0.192%$99K$374K10xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX BASED-USDT+0.0100%4h0.06795−0.029%$1K$830K20xas long as short
Extended BASED-USD+0.0104%1h0.06805+0.112%$5K$226K5xas long as short
BloFin BASED-USDT+0.0149%4h0.06803+0.088%$251K$41K25xas long as short
Aster BASEDUSDT+0.0259%4h0.06800+0.039%$29K$6K5xas long as short
Orderly PERP_BASED_USDC+0.0299%4h0.06806+0.132%$3K$65210xas long as short