Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Gate against OKX+0.204%7-day average +0.085% · you sell dearer than you buy
Net, funding: paid 7d − costs−$151as in the Funding arb table
Net, price: spread back to 7d avg − costs−$139as in the Price arb table
costs, in and out, $10k−$1511.510% of the position
Funding, last 7 days−0.003%$0 on $10k
+Price spread, last 4 days (all we have)−0.335%−$34 · spread now +0.204%, 7d avg +0.085%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.119% dearer against OKX than usual: you sell high and buy low, +$12 on $10k if it goes back to its 7-day average of +0.085%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX GMT-USDT-SWAP | 0.008323 | 0.0100 | pay 0.0050% / 4h | 2h 07m | $343K | $552K | 20x |
| Short | Gate GMT_USDT | 0.008340 | 0.0100 | get 0.0100% / 8h | 2h 07m | $149K | $103K | 50x |
OKX GMT-USDT-SWAP
Gate GMT_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against OKX. 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: +0.204% → +0.085%
- $11.93
- Slippage, 4 orders
- −$125.98
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$139.05
- Costs to cover
- 1.510%
- Break-even
- never at this rate
Slippage from OKX: live order book, 13 min ago; Gate: live order book, 8 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 OKX live order book, 13 min ago | 1.20 bp | 33.4 bp −$33 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 8 min ago | 11.99 bp | 40.1 bp −$40 | 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 | −0.1129% | 1h | 0.008338 | +0.184% | $47K | $8K | 20x | as long as short |
| KuCoin GMTUSDTM | +0.0062% | 4h | 0.008320 | −0.036% | $257K | $99K | 50x | as long as short |
| Hyperliquid GMT | +0.0100% | 1h | 0.008336 | +0.156% | $123K | $123K | 3x | as long as short |
| Aster GMTUSDT | +0.0100% | 4h | 0.008337 | +0.168% | $8K | $14K | 10x | as long as short |
| Binance GMTUSDT | +0.0100% | 4h | 0.008332 | +0.108% | $2.7M | $3.0M | 50x | as long as short |
| Bybit GMTUSDT | +0.0100% | 8h | 0.008327 | +0.048% | $1.1M | $1.1M | 50x | as long as short |
| OKX GMT-USDT-SWAPlong | +0.0100% | 4h | 0.008323 | long leg | $343K | $552K | 20x | |
| Gate GMT_USDTshort | +0.0100% | 8h | 0.008340 | +0.204% | $149K | $103K | 50x | |
| MEXC GMT_USDT | +0.0100% | 4h | 0.008330 | +0.084% | $412K | $186K | 20x | as long as short |
| Bitget GMTUSDT | +0.0100% | 4h | 0.008325 | +0.024% | $670K | $403K | 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 | 0.008332 | +0.108% | — | $1.2M | — | as long as short |
| Variational Omni GMT | +0.0100% | 8h | 0.008322 | −0.015% | $3K | $5K | — | as long as short |
BingX GMT-USDT
Variational Omni GMT