Funding you earn now, next payment 08:00 UTC−0.0434%/8h= −47.5% APRnext payment −$4.34 per $10,000 · paid last 24h −0.006%
Price spread now: Bitget against OKX+0.107%7-day average −0.017% · you sell dearer than you buy
Net, funding: paid 7d − costs−$91as in the Funding arb table
Net, price: spread back to 7d avg − costs−$50as in the Price arb table
costs, in and out, $10k−$630.626% of the position
Funding, last 7 days−0.287%−$29 on $10k
+Price spread, last 7 days−0.209%−$21 · spread now +0.107%, 7d avg −0.017%
=The price spread pays, funding is against you. Bitget is 0.124% dearer against OKX than usual: you sell high and buy low (spread +0.107% now, against its 7-day average of −0.017%): +$12 on $10k if it goes back. Holding the pair costs −$13 a day in funding at the current rate, which eats that in about 23 hours. At the pace of the last 7 days (−0.287% in total) that is about 3.0 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.287% in total (about -15.0% a year). A funding rate is set anew for every payment; at this rate the next one is about −$4.34 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 AMAT-USDT-SWAP | 459.33 | 0 | get 0.0000% / 8h | 1h 41m | $1.3M | $1.6M | 20x |
| Short | Bitget AMATUSDT | 459.82 | −0.0434 | pay 0.0434% / 8h | 1h 41m | $1.9M | $1.8M | 20x |
OKX AMAT-USDT-SWAP
Bitget AMATUSDTFunding 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
- −$91.14
- Price spread: +0.107% → −0.017%
- $12.39
- Slippage, 4 orders
- −$40.59
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$141.34
- Costs to cover
- 0.626%
- Break-even
- never at this rate
Slippage from OKX: live order book, 5 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, 5 min ago | 3.26 bp | 15.5 bp −$15 | 198.4 bp −$1,984 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 5 min ago | 3.47 bp | 18.2 bp −$18 | 100.9 bp −$1,009 | doesn't fit | doesn't fit |
AMAT on 16 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget AMATUSDTshort | −0.0434% | 8h | 459.82 | +0.107% | $1.9M | $1.8M | 20x | |
| Aster AMATUSDT | 0.0000% | 8h | 459.81 | +0.104% | $10K | $11K | 20x | as long as short |
| Extended AMAT-USD | 0.0000% | 1h | 459.13 | −0.043% | $5K | $27K | 10x | as long as short |
| Binance AMATUSDT | 0.0000% | 8h | 459.23 | −0.021% | $8.4M | $13.9M | 20x | as long as short |
| Bybit AMATUSDT | 0.0000% | 8h | 459.40 | +0.015% | $840K | $699K | 25x | as long as short |
| OKX AMAT-USDT-SWAPlong | 0.0000% | 8h | 459.33 | long leg | $1.3M | $1.6M | 20x | |
| Gate AMAT_USDT | 0.0000% | 8h | 459.10 | −0.050% | $1.5M | $6.1M | 50x | as long as short |
| Variational Omni AMAT | 0.0000% | 8h | 459.60 | +0.059% | $64K | $44K | — | as long as short |
| GRVT AMAT_USDT_Perp | 0.0000% | 8h | 459.76 | +0.094% | $359 | $112K | 10x | as long as short |
| BloFin AMAT-USDT | +0.0004% | 8h | 459.17 | −0.035% | $108K | $113K | 20x | as long as short |
Aster AMATUSDT
Extended AMAT-USD
Binance AMATUSDT
Bybit AMATUSDT
Gate AMAT_USDT
Variational Omni AMAT
GRVT AMAT_USDT_Perp
BloFin AMAT-USDTShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest AMAT-USD-PERP | +0.0046% | 1h | 459.19 | −0.030% | — | — | 10x | as long as short |
| KuCoin AMATUSDTM | +0.0100% | 8h | 459.29 | −0.009% | $397K | $555K | 20x | as long as short |
| SunX AMAT-USDT | +0.0100% | 8h | 459.72 | +0.085% | $896 | $384K | 10x | as long as short |
| HTX AMAT-USDT | +0.0100% | 8h | 459.96 | +0.137% | $167K | $39K | 20x | as long as short |
| tradeXYZ xyz:AMAT | +0.0182% | 1h | 459.18 | −0.033% | $2.5M | $2.3M | 10x | as long as short |
| Phoenix AMAT | +0.0277% | 1h | 459.45 | +0.026% | $18K | $114K | 10x | as long as short |
Vest AMAT-USD-PERP
KuCoin AMATUSDTM
SunX AMAT-USDT
HTX AMAT-USDT
tradeXYZ xyz:AMAT
Phoenix AMAT