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

ESP

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against OKX−0.110%7-day average +0.002% · you buy dearer than you sell
Net, funding: paid 7d − costs−$95as in the Funding arb table
Net, price: spread back to 7d avg − costs−$123as in the Price arb table
costs, in and out, $10k−$1121.121% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.175%+$17 on $10k
Price spread, last 4 days (all we have)+0.213%+$21 · spread now −0.110%, 7d avg +0.002%
Together, before fees+0.388%+$39 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: Bitget is 0.111% cheaper against OKX than usual: you would sell low and buy high, −$11 on $10k if it goes back to its 7-day average of +0.002%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX ESP-USDT-SWAP0.094830.0100pay 0.0050% / 4h1h 32m$600K$1.1M20x
ShortBitget ESPUSDT0.094730.0100get 0.0050% / 4h1h 32m$952K$136K20x

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: −0.110% → +0.002%
−$11.14
Slippage, 4 orders
−$90.09
Fee OKX: 5 bp × 2 orders
−$10
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$123.23
Costs to cover
1.121%
Break-even
never at this rate
Slippage from OKX: live order book, 4 min ago; Bitget: live order book, 8 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, 4 min ago3.17 bp29.8 bp −$30477.2 bp −$4,772doesn't fitdoesn't fit
Sell Bitget live order book, 8 min ago16.03 bp34.4 bp −$34100.4 bp −$1,004doesn't fitdoesn't fit

ESP on 11 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
BloFin ESP-USDT+0.0056%4h0.09466−0.179%$127K$33K25xas long as short
Aster ESPUSDT+0.0100%4h0.09471−0.130%$7K$17K5xas long as short
Binance ESPUSDT+0.0100%4h0.09475−0.084%$2.4M$4.0M25xas long as short
OKX ESP-USDT-SWAPlong+0.0100%4h0.09483long leg$600K$1.1M20x
Gate ESP_USDT+0.0100%8h0.09471−0.127%$190K$602K50xas long as short
MEXC ESP_USDT+0.0100%4h0.09476−0.074%$1.3M$127K20xas long as short
KuCoin ESPUSDTM+0.0100%4h0.09479−0.042%$1.5M$40K25xas long as short
Bitget ESPUSDTshort+0.0100%4h0.09473−0.110%$952K$136K20x
edgeX ESPUSDC+0.0118%4h0.09472−0.117%$29K$267K10xas long as short
BingX ESP-USDT+0.0522%4h0.09476−0.074%$1.7Mas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit ESPUSDT+0.0644%4h0.09458−0.264%$1.1M$649K50xas long as short