Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.007%
Price spread now: OKX against Gate+0.101%7-day average +0.008% · you sell dearer than you buy
Net, funding: paid 7d − costs−$529as in the Funding arb table
Net, price: spread back to 7d avg − costs−$507as in the Price arb table
costs, in and out, $10k−$5175.165% of the position
Funding, last 7 days−0.122%−$12 on $10k
+Price spread, last 4 days (all we have)−0.108%−$11 · spread now +0.101%, 7d avg +0.008%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.092% dearer against Gate than usual: you sell high and buy low, +$9 on $10k if it goes back to its 7-day average of +0.008%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate APP_USDT | 328.30 | 0 | get 0.0000% / 8h | 1h 16m | $771K | $640K | 25x |
| Short | OKX APP-USDT-SWAP | 328.63 | 0 | get 0.0000% / 8h | 1h 16m | $416K | $373K | 25x |
Gate APP_USDT
OKX APP-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against Gate. 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: +0.101% → +0.008%
- $9.24
- Slippage, 4 orders
- −$491.52
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$507.29
- Costs to cover
- 5.165%
- Break-even
- never at this rate
Slippage from Gate: live order book, 25 min ago; OKX: live order book, 24 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 Gate live order book, 25 min ago | 9.12 bp | 201.1 bp −$201 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 24 min ago | 9.27 bp | 70.2 bp −$70 | doesn't fit | doesn't fit | doesn't fit |
APP on 6 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 APPUSDT | −0.0471% | 8h | 328.47 | +0.052% | $3.0M | $3.8M | 25x | as long as short |
| OKX APP-USDT-SWAPshort | 0.0000% | 8h | 328.63 | +0.101% | $416K | $373K | 25x | |
| Gate APP_USDTlong | 0.0000% | 8h | 328.30 | long leg | $771K | $640K | 25x | |
| Bitget APPUSDT | 0.0000% | 8h | 328.47 | +0.052% | $558K | $550K | 20x | as long as short |
| HTX APP-USDT | 0.0000% | 8h | 328.47 | +0.052% | $9K | $241K | 10x | as long as short |
| Extended APP_24_5-USD | +0.0040% | 1h | 329.40 | +0.335% | $23K | $6K | 10x | as long as short |
Binance APPUSDT
Bitget APPUSDT
HTX APP-USDT
Extended APP_24_5-USD