Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: OKX against Gate−0.048%7-day average −0.084% · you buy dearer than you sell
Net, funding: paid 7d − costs−$142as in the Funding arb table
Net, price: spread back to 7d avg − costs−$139as in the Price arb table
costs, in and out, $10k−$1431.426% of the position
Funding, last 7 days+0.003%$0 on $10k
+Price spread, last 4 days (all we have)+0.166%+$17 · spread now −0.048%, 7d avg −0.084%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.036% dearer against Gate than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of −0.084%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate GMT_USDT | 0.008320 | 0.0100 | pay 0.0100% / 8h | 1h 14m | $146K | $105K | 50x |
| Short | OKX GMT-USDT-SWAP | 0.008316 | 0.0100 | get 0.0050% / 4h | 1h 14m | $344K | $551K | 20x |
Gate GMT_USDT
OKX GMT-USDT-SWAPFunding 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: −0.048% → −0.084%
- $3.64
- Slippage, 4 orders
- −$117.57
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$138.94
- Costs to cover
- 1.426%
- Break-even
- never at this rate
Slippage from Gate: live order book, 61 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, 61 min ago | 11.99 bp | 34.3 bp −$34 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 1 min ago | 1.80 bp | 32.2 bp −$32 | doesn't fit | doesn't fit | doesn't fit |
GMT on 12 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_GMTUSD | −0.0998% | 1h | 0.008319 | −0.018% | $45K | $10K | 20x | as long as short |
| KuCoin GMTUSDTM | −0.0008% | 4h | 0.008310 | −0.120% | $252K | $100K | 50x | as long as short |
| Hyperliquid GMT | +0.0100% | 1h | 0.008324 | +0.048% | $122K | $123K | 3x | as long as short |
| Aster GMTUSDT | +0.0100% | 4h | 0.008320 | +0.001% | $8K | $14K | 10x | as long as short |
| Binance GMTUSDT | +0.0100% | 4h | 0.008321 | +0.016% | $2.6M | $3.0M | 50x | as long as short |
| Bybit GMTUSDT | +0.0100% | 8h | 0.008319 | −0.012% | $1.1M | $1.1M | 50x | as long as short |
| OKX GMT-USDT-SWAPshort | +0.0100% | 4h | 0.008316 | −0.048% | $344K | $551K | 20x | |
| Gate GMT_USDTlong | +0.0100% | 8h | 0.008320 | long leg | $146K | $105K | 50x | |
| MEXC GMT_USDT | +0.0100% | 4h | 0.008322 | +0.024% | $421K | $185K | 20x | as long as short |
| Bitget GMTUSDT | +0.0100% | 4h | 0.008316 | −0.048% | $670K | $400K | 50x | as long as short |
Kraken Futures PF_GMTUSD
KuCoin GMTUSDTM
Hyperliquid GMT
Aster GMTUSDT
Binance GMTUSDT
Bybit GMTUSDT
MEXC GMT_USDT
Bitget GMTUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX GMT-USDT | +0.0100% | 4h | 0.008318 | −0.024% | — | $1.2M | — | as long as short |
| Variational Omni GMT | +0.0100% | 8h | 0.008311 | −0.109% | $3K | $5K | — | as long as short |
BingX GMT-USDT
Variational Omni GMT