Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.032%
Price spread now: Bitget against OKX+0.118%7-day average −0.010% · you sell dearer than you buy
Net, funding: paid 7d − costs−$117as in the Funding arb table
Net, price: spread back to 7d avg − costs−$115as in the Price arb table
costs, in and out, $10k−$1281.282% of the position
Funding, last 7 days+0.115%+$11 on $10k
+Price spread, last 7 days−0.198%−$20 · spread now +0.118%, 7d avg −0.010%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.129% dearer against OKX than usual: you sell high and buy low, +$13 on $10k if it goes back to its 7-day average of −0.010%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX W-USDT-SWAP | 0.01184 | 0.0100 | pay 0.0050% / 4h | 2h 21m | $1.3M | $1.9M | 20x |
| Short | Bitget WUSDT | 0.01185 | 0.0100 | get 0.0050% / 4h | 2h 21m | $1.3M | $575K | 50x |
OKX W-USDT-SWAP
Bitget WUSDTFunding 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
- $0
- Price spread: +0.118% → −0.010%
- $12.87
- Slippage, 4 orders
- −$106.24
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$115.37
- Costs to cover
- 1.282%
- Break-even
- never at this rate
Slippage from OKX: live order book, 6 min ago; Bitget: 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 OKX live order book, 6 min ago | 1.68 bp | 36.7 bp −$37 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 5 min ago | 8.42 bp | 28.4 bp −$28 | 81.7 bp −$817 | doesn't fit | doesn't fit |
W on 17 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit W_USDC-PERPETUAL | −0.0256% | 1h | 0.01185 | +0.161% | $16K | $2K | 10x | as long as short |
| Injective W/USDC PERP | +0.0033% | 1h | 0.01209 | +2.146% | $1K | $1K | 12x | as long as short |
| Hyperliquid W | +0.0100% | 1h | 0.01186 | +0.203% | $2.0M | $393K | 5x | as long as short |
| Binance WUSDT | +0.0100% | 4h | 0.01185 | +0.131% | $3.0M | $6.6M | 50x | as long as short |
| Bybit WUSDT | +0.0100% | 4h | 0.01184 | +0.034% | $4.1M | $1.9M | 50x | as long as short |
| OKX W-USDT-SWAPlong | +0.0100% | 4h | 0.01184 | long leg | $1.3M | $1.9M | 20x | |
| Gate W_USDT | +0.0100% | 4h | 0.01185 | +0.161% | $448K | $264K | 75x | as long as short |
| MEXC W_USDT | +0.0100% | 4h | 0.01185 | +0.118% | $12.8M | $1.4M | 50x | as long as short |
| KuCoin WUSDTM | +0.0100% | 4h | 0.01188 | +0.372% | $450K | $221K | 50x | as long as short |
| Bitget WUSDTshort | +0.0100% | 4h | 0.01185 | +0.118% | $1.3M | $575K | 50x |
Deribit W_USDC-PERPETUAL
Injective W/USDC PERP
Hyperliquid W
Binance WUSDT
Bybit WUSDT
Gate W_USDT
MEXC W_USDT
KuCoin WUSDTMShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX W-USDT | +0.0100% | 4h | 0.01186 | +0.177% | — | $6.8M | — | as long as short |
| Variational Omni W | +0.0100% | 4h | 0.01186 | +0.216% | $71K | $41K | — | as long as short |
| GRVT W_USDT_Perp | +0.0100% | 4h | 0.01187 | +0.254% | $123K | $405K | 10x | as long as short |
| Extended W-USD | +0.0104% | 1h | 0.01185 | +0.106% | $60K | $239K | 5x | as long as short |
| Coinbase International W-PERP-INTX | +0.0360% | 1h | 0.01189 | +0.431% | $14K | $16K | 50x | as long as short |
| Backpack W_USDC_PERP | +0.0485% | 1h | 0.01187 | +0.253% | $44K | $47K | 15x | as long as short |
| Kraken Futures PF_WUSD | +0.1531% | 1h | 0.01188 | +0.391% | $147K | $180K | 20x | as long as short |
BingX W-USDT
Variational Omni W
GRVT W_USDT_Perp
Extended W-USD
Coinbase International W-PERP-INTX
Backpack W_USDC_PERP
Kraken Futures PF_WUSD