Funding you earn now, next payment 08:00 UTC−0.0094%/8h= −10.3% APRnext payment −$0.47 per $10,000 · paid last 24h 0.000%
Price spread now: OKX against Bitget−0.288%7-day average −0.046% · you buy dearer than you sell
Net, funding: paid 7d − costs−$174as in the Funding arb table
Net, price: spread back to 7d avg − costs−$195as in the Price arb table
costs, in and out, $10k−$1711.710% of the position
Funding, last 7 days−0.035%−$3 on $10k
+Price spread, last 4 days (all we have)+0.202%+$20 · spread now −0.288%, 7d avg −0.046%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and OKX is 0.242% cheaper against Bitget than usual: you would sell low and buy high (−$24 if the spread goes back to its 7-day average of −0.046%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget SPACEUSDT | 0.005216 | 0.0194 | pay 0.0097% / 4h | 2h 12m | $927K | $279K | 20x |
| Short | OKX SPACE-USDT-SWAP | 0.005201 | 0.0100 | get 0.0050% / 4h | 2h 12m | $1.6M | $1.3M | 20x |
Bitget SPACEUSDT
OKX SPACE-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
- −$19.74
- Price spread: −0.288% → −0.046%
- −$24.15
- Slippage, 4 orders
- −$149
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$214.89
- Costs to cover
- 1.710%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 34 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, 34 min ago | 7.66 bp | 33.6 bp −$34 | 309.7 bp −$3,097 | doesn't fit | doesn't fit |
| Sell OKX live order book, 5 min ago | 1.92 bp | 47.8 bp −$48 | doesn't fit | doesn't fit | doesn't fit |
SPACE 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance SPACEUSDT | +0.0100% | 4h | 0.005215 | −0.011% | $1.9M | $2.3M | 50x | as long as short |
| Bybit SPACEUSDT | +0.0100% | 4h | 0.005207 | −0.173% | $808K | $197K | 13x | as long as short |
| OKX SPACE-USDT-SWAPshort | +0.0100% | 4h | 0.005201 | −0.288% | $1.6M | $1.3M | 20x | |
| Gate SPACE_USDT | +0.0100% | 4h | 0.005208 | −0.153% | $783K | $361K | 20x | as long as short |
| MEXC SPACE_USDT | +0.0100% | 4h | 0.005215 | −0.019% | $446K | $150K | 20x | as long as short |
| KuCoin SPACEUSDTM | +0.0100% | 4h | 0.005218 | +0.038% | $669K | $101K | 20x | as long as short |
| BloFin SPACE-USDT | +0.0150% | 4h | 0.005229 | +0.249% | $161K | $11K | 50x | as long as short |
| Bitget SPACEUSDTlong | +0.0194% | 4h | 0.005216 | long leg | $927K | $279K | 20x | |
| Aster SPACEUSDT | +0.0885% | 4h | 0.005201 | −0.296% | $17K | $32K | 5x | as long as short |
Binance SPACEUSDT
Bybit SPACEUSDT
Gate SPACE_USDT
MEXC SPACE_USDT
KuCoin SPACEUSDTM
BloFin SPACE-USDT
Aster SPACEUSDT