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

CP

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: OKX against Bitget−0.044%7-day average +0.027% · you buy dearer than you sell
Net, funding: paid 7d − costs−$88as in the Funding arb table
Net, price: spread back to 7d avg − costs−$109as in the Price arb table
costs, in and out, $10k−$1021.020% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.137%+$14 on $10k
Price spread, last 7 days+0.147%+$15 · spread now −0.044%, 7d avg +0.027%
Together, before fees+0.285%+$28 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.071% cheaper against Bitget than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of +0.027%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget CPUSDT0.013600.0100pay 0.0050% / 4h2h 48m$762K$1.5M20x
ShortOKX CP-USDT-SWAP0.013590.0100get 0.0050% / 4h2h 48m$3.8M$10.8M20x

Funding 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 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: −0.044% → +0.027%
−$7.09
Slippage, 4 orders
−$80.02
Fee Bitget: 6 bp × 2 orders
−$12
Fee OKX: 5 bp × 2 orders
−$10
Net
−$109.11
Costs to cover
1.020%
Break-even
never at this rate
Slippage from Bitget: live order book, 3 min ago; OKX: 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 Bitget live order book, 3 min ago10.69 bp27.8 bp −$28doesn't fitdoesn't fitdoesn't fit
Sell OKX live order book, 5 min ago3.68 bp24.2 bp −$2492.0 bp −$920doesn't fitdoesn't fit

CP on 8 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
BingX CP-USDT+0.0070%4h0.01359−0.044%$1.0Mas long as short
BloFin CP-USDT+0.0081%4h0.01363+0.250%$423$37K20xas long as short
Bybit CPUSDT+0.0100%4h0.01359−0.044%$1.4M$2.4M20xas long as short
OKX CP-USDT-SWAPshort+0.0100%4h0.01359−0.044%$3.8M$10.8M20x
Gate CP_USDT+0.0100%4h0.01359−0.044%$564K$512K20xas long as short
MEXC CP_USDT+0.0100%4h0.01359−0.044%$1.5M$363K20xas long as short
KuCoin CPUSDTM+0.0100%4h0.01363+0.250%$193K$909K20xas long as short
Bitget CPUSDTlong+0.0100%4h0.01360long leg$762K$1.5M20x