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

NOT

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 20:00 UTC0.0000%/8hnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: OKX against Bitget−0.060%7-day average −0.072% · you buy dearer than you sell
to open and close $10k−$98fees + slippage, both legs, in and out
costs, in % of the position0.983%what the two incomes have to cover
What this pair did over the last
the charts below follow
Funding, last 7 days−0.001%$0 on $10k
Price spread, last 3 days (all we have)0.000%$0 · spread now −0.060%, 7d avg −0.072%
Together, before fees−0.001%$0 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget NOTUSDT0.00050070.0100pay 0.0050% / 4h42m 03s$637K$395K50x
ShortOKX NOT-USDT-SWAP0.00050040.0100get 0.0050% / 4h42m 03s$595K$618K20x

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: −0.060% → −0.072%
$1.17
Slippage, 4 orders
−$76.27
Fee Bitget: 6 bp × 2 orders
−$12
Fee OKX: 5 bp × 2 orders
−$10
Net
−$97.1
Costs to cover
0.983%
Break-even
never at this rate
Slippage from Bitget: live order book, 7 min ago; OKX: 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 Bitget live order book, 7 min ago3.00 bp21.7 bp −$22155.7 bp −$1,557doesn't fitdoesn't fit
Sell OKX live order book, 8 min ago2.00 bp26.8 bp −$27doesn't fitdoesn't fitdoesn't fit

NOT on 16 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
Variational Omni NOT−0.0162%4h0.0004986−0.411%$61K$28Kas long as short
Injective NOT/USDC PERP+0.0033%1h0.0004874−2.656%$1K$13K5.5xas long as short
Lighter 1000NOT+0.0096%1h0.0005013+0.128%$11K$5K3xas long as short
Hyperliquid NOT+0.0100%1h0.0005010+0.060%$367K$67K3xas long as short
Aster NOTUSDT+0.0100%4h0.0005003−0.078%$14K$13K5xas long as short
Binance NOTUSDT+0.0100%4h0.0005004−0.060%$2.0M$3.1M50xas long as short
Bybit NOTUSDT+0.0100%4h0.0004997−0.200%$2.1M$903K25xas long as short
OKX NOT-USDT-SWAPshort+0.0100%4h0.0005004−0.060%$595K$618K20x
Gate NOT_USDT+0.0100%4h0.0004997−0.200%$140K$81K50xas long as short
MEXC NOT_USDT+0.0100%4h0.0005002−0.100%$1.3M$464K200xas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin NOTUSDTM+0.0100%4h0.0004998−0.180%$485K$123K50xas long as short
Bitget NOTUSDTlong+0.0100%4h0.0005007long leg$637K$395K50x
BingX NOT-USDC+0.0100%4h0.0005001−0.120%$714Kas long as short
Extended kNOT-USD+0.0104%1h0.0005003−0.070%$4K$1K5xas long as short
BloFin NOT-USDT+0.0114%4h0.0004999−0.160%$113K$18K50xas long as short
Kraken Futures PF_NOTUSD+0.6716%1h0.0005042+0.705%$48K$9K10xas long as short