Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.014%
Price spread now: OKX against Gate−0.014%7-day average −0.007% · you buy dearer than you sell
Net, funding: paid 7d − costs−$79as in the Funding arb table
Net, price: spread back to 7d avg − costs−$87as in the Price arb table
costs, in and out, $10k−$860.859% of the position
Funding, last 7 days+0.064%+$6 on $10k
+Price spread, last 7 days+0.049%+$5 · spread now −0.014%, 7d avg −0.007%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate ETHFI_USDT | 0.7139 | 0.0100 | pay 0.0050% / 4h | 2h 47m | $1.7M | $2.0M | 75x |
| Short | OKX ETHFI-USDT-SWAP | 0.7138 | 0.0100 | get 0.0050% / 4h | 2h 47m | $5.0M | $12.3M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against Gate. 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
- $0
- Price spread: −0.014% → −0.007%
- −$0.67
- Slippage, 4 orders
- −$60.9
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$86.56
- Costs to cover
- 0.859%
- Break-even
- never at this rate
Slippage from Gate: live order book, 1 min ago; OKX: live order book, 1 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 Gate live order book, 1 min ago | 4.20 bp | 29.7 bp −$30 | 221.0 bp −$2,210 | doesn't fit | doesn't fit |
| Sell OKX live order book, 1 min ago | 1.40 bp | 13.5 bp −$14 | 41.2 bp −$412 | doesn't fit | doesn't fit |
ETHFI on 24 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit ETHFI_USDC-PERPETUAL | −0.0451% | 1h | 0.7131 | −0.112% | $40K | $13K | 10x | as long as short |
| HTX ETHFI-USDT | −0.0406% | 4h | 0.7134 | −0.070% | $88K | $169K | 20x | as long as short |
| Orderly PERP_ETHFI_USDC | −0.0211% | 4h | 0.7134 | −0.070% | $16K | $1K | 10x | as long as short |
| Variational Omni ETHFI | −0.0006% | 4h | 0.7135 | −0.058% | $1.0M | $721K | — | as long as short |
| Injective ETHFI/USDC PERP | +0.0033% | 1h | 0.7240 | +1.415% | $321 | $51K | 5.5x | as long as short |
| Paradex ETHFI-USD-PERP | +0.0041% | 8h | 0.7137 | −0.022% | $6K | — | 5x | as long as short |
| Lighter ETHFI | +0.0096% | 1h | 0.7142 | +0.042% | $1.1M | $887K | 5x | as long as short |
| Hyperliquid ETHFI | +0.0100% | 1h | 0.7140 | +0.011% | $17.9M | $8.5M | 5x | as long as short |
| Aster ETHFIUSDT | +0.0100% | 4h | 0.7134 | −0.065% | $182K | $258K | 10x | as long as short |
| Binance ETHFIUSDT | +0.0100% | 4h | 0.7130 | −0.126% | $24.8M | $36.6M | 75x | as long as short |
Show all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit ETHFIUSDT | +0.0100% | 4h | 0.7133 | −0.084% | $17.9M | $12.7M | 25x | as long as short |
| OKX ETHFI-USDT-SWAPshort | +0.0100% | 4h | 0.7138 | −0.014% | $5.0M | $12.3M | 20x | |
| Gate ETHFI_USDTlong | +0.0100% | 4h | 0.7139 | long leg | $1.7M | $2.0M | 75x | |
| MEXC ETHFI_USDT | +0.0100% | 4h | 0.7137 | −0.028% | $15.1M | $3.8M | 125x | as long as short |
| KuCoin ETHFIUSDTM | +0.0100% | 4h | 0.7135 | −0.056% | $1.2M | $259K | 50x | as long as short |
| Bitget ETHFIUSDT | +0.0100% | 4h | 0.7131 | −0.112% | $6.1M | $5.5M | 75x | as long as short |
| BingX ETHFI-USDC | +0.0100% | 4h | 0.7134 | −0.070% | — | $1.2M | — | as long as short |
| Polymarket Perps ETHFI-USD | +0.0100% | 1h | 0.7145 | +0.085% | $71K | $118K | 5x | as long as short |
| SunX ETHFI-USDT | +0.0100% | 4h | 0.7138 | −0.014% | $2K | $1.1M | 20x | as long as short |
| Extended ETHFI-USD | +0.0104% | 1h | 0.7134 | −0.077% | $98K | $389K | 10x | as long as short |
| Aevo ETHFI-PERP | +0.0104% | 1h | 0.7127 | −0.171% | $8K | — | 3x | as long as short |
| Coinbase International ETHFI-PERP-INTX | +0.0160% | 1h | 0.7169 | +0.420% | $31K | $6K | 50x | as long as short |
| Kraken Futures PF_ETHFIUSD | +0.0227% | 1h | 0.7138 | −0.008% | $272K | $185K | 20x | as long as short |
| BloFin ETHFI-USDT | +0.0340% | 4h | 0.7142 | +0.042% | $1.2M | $260K | 75x | as long as short |
Gate ETHFI_USDT
OKX ETHFI-USDT-SWAP
Deribit ETHFI_USDC-PERPETUAL
HTX ETHFI-USDT
Variational Omni ETHFI
Injective ETHFI/USDC PERP
Paradex ETHFI-USD-PERP
Lighter ETHFI
Hyperliquid ETHFI
Aster ETHFIUSDT
Binance ETHFIUSDT
Bybit ETHFIUSDT
MEXC ETHFI_USDT
KuCoin ETHFIUSDTM
Bitget ETHFIUSDT
BingX ETHFI-USDC
Polymarket Perps ETHFI-USD
SunX ETHFI-USDT
Extended ETHFI-USD
Coinbase International ETHFI-PERP-INTX
Kraken Futures PF_ETHFIUSD
BloFin ETHFI-USDT