Funding you earn now, next payment 06:00 UTC+5.5607%/8h= +6088.9% APRnext payment +$69.51 per $10,000 · paid last 24h +9.676%
Price spread now: Bitget against OKX−25.045%7-day average — · you buy dearer than you sell
Net, funding: paid 7d − costs+$2,409as in the Funding arb table
Net, price: spread back to 7d avg − costs−$2,624as in the Price arb table
costs, in and out, $10k−$1191.191% of the position
Funding, last 7 days+25.286%+$2,529 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding pays, the price is against you. Bitget is 25.045% cheaper against OKX than usual: you would sell low and buy high (spread −25.045% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$2,504 on $10k: about 36 hours of funding at the current rate (+$1,668 a day). At the pace of the last 7 days (+25.286% in total) that is about 6.9 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 25.286% in total (about 1318.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$69.51 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 | OKX ONE-USDT-SWAP | 0.005381 | −5.7119 | get 0.7140% / 1h | 12m 54s | $6.5M | $236.2M | 10x |
| Short | Bitget ONEUSDT | 0.004033 | −0.1512 | pay 0.0189% / 1h | 12m 54s | $1.9M | $30.8M | 20x |
OKX ONE-USDT-SWAP
Bitget ONEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- $11,677.43
- Price spread: −25.045% → 0.000%
- −$2,504.46
- Slippage, 4 orders
- −$97.07
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- $9,053.89
- Costs to cover
- 1.191%
- Break-even
- 1.6 days
Slippage from OKX: live order book, 1 min ago; Bitget: 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 OKX live order book, 1 min ago | 1.02 bp | 19.3 bp −$19 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 1 min ago | 4.09 bp | 37.3 bp −$37 | doesn't fit | doesn't fit | doesn't fit |
ONE on 10 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-SWAPlong | −5.7119% | 1h | 0.005381 | long leg | $6.5M | $236.2M | 10x | |
| Variational Omni ONE | −0.4556% | 1h | 0.003981 | −26.025% | $98K | $48K | — | as long as short |
| BloFin ONE-USDT | −0.1553% | 1h | 0.004004 | −25.589% | $806K | $2.2M | 50x | as long as short |
| Bitget ONEUSDTshort | −0.1512% | 1h | 0.004033 | −25.045% | $1.9M | $30.8M | 20x | |
| Aster ONEUSDT | −0.1027% | 1h | 0.004000 | −25.659% | $2.1M | $5.8M | 5x | as long as short |
| KuCoin ONEUSDTM | −0.0624% | 1h | 0.004184 | −22.248% | $3.8M | $12.0M | 30x | as long as short |
| MEXC ONE_USDT | −0.0608% | 1h | 0.004004 | −25.593% | $11.3M | $14.9M | 20x | as long as short |
| Binance ONEUSDT | −0.0593% | 1h | 0.004003 | −25.608% | $13.8M | $328.1M | 50x | as long as short |
| Gate ONE_USDT | −0.0361% | 8h | 0.003994 | −25.779% | $1.7M | $15.2M | 20x | as long as short |
| BingX ONE-USDT | −0.0056% | 1h | 0.004003 | −25.615% | — | $5.4M | — | as long as short |
Variational Omni ONE
BloFin ONE-USDT
Aster ONEUSDT
KuCoin ONEUSDTM
MEXC ONE_USDT
Binance ONEUSDT
Gate ONE_USDT
BingX ONE-USDT