Funding you earn now, next payment 02:00 UTC−3.7983%/8h= −4159.1% APRnext payment −$47.48 per $10,000 · paid last 24h −9.713%
Price spread now: OKX against Bitget+21.929%7-day average — · you sell dearer than you buy
Net, funding: paid 7d − costs−$2,446as in the Funding arb table
Net, price: spread back to 7d avg − costs+$2,038as in the Price arb table
costs, in and out, $10k−$1541.545% of the position
Funding, last 7 days−22.913%−$2,291 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread pays, funding is against you. OKX is 21.929% dearer against Bitget than usual: you sell high and buy low (spread +21.929% now, against zero (this spread has no 7-day history yet)): +$2,193 on $10k if it goes back. Holding the pair costs −$1,139 a day in funding at the current rate, which eats that in about 46 hours. At the pace of the last 7 days (−22.913% in total) that is about 6.7 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -22.913% in total (about -1194.7% a year). A funding rate is set anew for every payment; at this rate the next one is about −$47.48 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget ONEUSDT | 0.004329 | −0.0920 | get 0.0115% / 1h | 4m 16s | $1.9M | $35.1M | 20x |
| Short | OKX ONE-USDT-SWAP | 0.005278 | −3.8903 | pay 0.4863% / 1h | 4m 16s | $6.0M | $274.1M | 10x |
Bitget ONEUSDT
OKX ONE-USDT-SWAPFunding 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$7,976.34
- Price spread: +21.929% → 0.000%
- $2,192.89
- Slippage, 4 orders
- −$132.48
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$5,937.93
- Costs to cover
- 1.545%
- Break-even
- from the start
Slippage from Bitget: live order book, 5 min ago; OKX: live order book, 5 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 Bitget live order book, 5 min ago | 4.26 bp | 45.9 bp −$46 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 5 min ago | 0.10 bp | 41.9 bp −$42 | doesn't fit | doesn't fit | doesn't fit |
ONE on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| OKX ONE-USDT-SWAPshort | −3.8903% | 1h | 0.005278 | +21.929% | $6.0M | $274.1M | 10x | |
| Gate ONE_USDT | −0.1494% | 8h | 0.004282 | −1.086% | $1.7M | $16.7M | 20x | as long as short |
| Aster ONEUSDT | −0.1305% | 1h | 0.004319 | −0.226% | $2.3M | $5.8M | 5x | as long as short |
| Variational Omni ONE | −0.0921% | 1h | 0.004342 | +0.298% | $106K | $54K | — | as long as short |
| Bitget ONEUSDTlong | −0.0920% | 1h | 0.004329 | long leg | $1.9M | $35.1M | 20x | |
| Binance ONEUSDT | +0.0033% | 1h | 0.004299 | −0.704% | $14.6M | $354.0M | 50x | as long as short |
| MEXC ONE_USDT | +0.0048% | 1h | 0.004315 | −0.323% | $11.6M | $16.8M | 20x | as long as short |
| BingX ONE-USDT | +0.0104% | 1h | 0.004314 | −0.342% | — | $6.5M | — | as long as short |
| KuCoin ONEUSDTM | +0.8432% | 1h | 0.004613 | +6.560% | $4.5M | $13.1M | 30x | as long as short |
Gate ONE_USDT
Aster ONEUSDT
Variational Omni ONE
Binance ONEUSDT
MEXC ONE_USDT
BingX ONE-USDT
KuCoin ONEUSDTM