data as of
Settings8H · net · $10k
Funding arb /

USDC

all USDC markets
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Funding spread now, next payment 00:00 UTC−0.0100%/8h
next payment, per $10,000$1.00paid, last 24h−0.024%paid, last 7 days−0.157%to open and close $10k−$32
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate USDC_USDT0.99930.0100pay 0.0100% / 8h5h 29m$253K$18K50x
ShortOKX USDC-USDT-SWAP1.00000get 0.0000% / 8h5h 29m$1.1M$42K50x

Funding history

latest
Range statsloading…

Funding on every exchange

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latest

Profit calculator

Funding earned
−$21
Slippage, 4 orders
−$7.46
Fee Gate: 7.5 bp × 2 orders
−$15
Fee OKX: 5 bp × 2 orders
−$10
Net
−$53.46
Break-even
never at this rate
Slippage from Gate: live order book, 1 min ago; OKX: live order book, 3 min ago.

Price risk

price view
Price gap now
+0.068%
Avg gap 7d
+0.068%
A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Gate live order book, 1 min ago2.50 bp11.5 bp −$1215.2 bp −$152doesn't fitdoesn't fit
Sell OKX live order book, 3 min ago0.00 bp5.3 bp −$57.9 bp −$79doesn't fitdoesn't fit

USDC on 8 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
Kraken Futures PF_USDCUSD−0.0192%1h$14K$92850xas long as short
KuCoin USDCUSDTM−0.0052%8h$2.5M$19K30xas long as short
Binance USDCUSDT−0.0049%8h$4.3M$3.2M50xas long as short
MEXC USDC_USDT−0.0049%8h$16.5M$252K200xas long as short
Bitget USDCUSDT−0.0008%8h$4.3M$17K50xas long as short
Bybit USDCUSDT0.0000%8h$9.5M$424K50xas long as short
OKX USDC-USDT-SWAPshort0.0000%8h$1.1M$42K50x
Gate USDC_USDTlong+0.0100%8h$253K$18K50x