BX

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0274%/8h= +29.9% APRnext payment +$2.74 per $10,000 · paid last 24h +0.030%

Price spread now: OKX against Bitget+0.032%7-day average −0.096% · you sell dearer than you buy

Net, funding: paid 7d − costs−$439as in the Funding arb table

Net, price: spread back to 7d avg − costs−$422as in the Price arb table

costs, in and out, $10k−$4344.345% of the position

Long on Bitget Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.045%−$4 on $10k

Price spread, last 4 days (all we have)−0.101%−$10 · spread now +0.032%, 7d avg −0.096%

Together, before fees−0.146%−$15 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and OKX is 0.127% dearer against Bitget than usual: you sell high and buy low: +$13 more if the spread goes back to its 7-day average of −0.096%.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.045% in total (about -2.3% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.74 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	Bitget BXUSDT	126.85	0	get 0.0000% / 8h	7h 48m	$901K	$45K	20x
Short	OKX BX-USDT-SWAP	126.89	0.0274	get 0.0274% / 8h	7h 48m	$164K	$113K	20x

Funding 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 it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BitgetbpFee OKXbpOrdersPrice spread, now +0.032%Rate

Funding earned: $57.44
Price spread: +0.032% → −0.096%: $12.72
Slippage, 4 orders: −$412.48
Fee Bitget: 6 bp × 2 orders: −$12
Fee OKX: 5 bp × 2 orders: −$10
Net: −$364.32
Costs to cover: 4.345%
Break-even: 51.4 days

Slippage from Bitget: live order book, 22 min ago; OKX: live order book, 21 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, 22 min ago	4.74 bp	229.9 bp −$230	488.2 bp −$4,882	doesn't fit	doesn't fit
Sell OKX live order book, 21 min ago	5.93 bp	65.7 bp −$66	doesn't fit	doesn't fit	doesn't fit

BX on 14 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
Aster BXUSDT	0.0000%	8h	126.59	−0.206%	$5K	$2K	20x	as long as short
Bybit BXUSDT	0.0000%	8h	126.85	0.000%	$489K	$867K	25x	as long as short
QFEX BX-USD	0.0000%	1h	126.64	−0.166%	$1.1M	$1.3M	10x	as long as short
Gate BX_USDT	0.0000%	8h	126.94	+0.071%	$425K	$27K	20x	as long as short
Bitget BXUSDTlong	0.0000%	8h	126.85	long leg	$901K	$45K	20x
SunX BX-USDT	0.0000%	8h	126.84	−0.008%	$1K	$313K	10x	as long as short
HTX BX-USDT	0.0000%	8h	126.91	+0.047%	$7K	$3K	20x	as long as short
Injective BX/USDC PERP	+0.0220%	1h	138.72	+9.358%	$4K	$32K	12x	as long as short
OKX BX-USDT-SWAPshort	+0.0274%	8h	126.89	+0.032%	$164K	$113K	20x
tradeXYZ xyz:BX	+0.0891%	1h	126.80	−0.039%	$670K	$196K	10x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin BXUSDTM	+0.1143%	8h	126.57	−0.221%	$112K	$1.1M	20x	as long as short
Variational Omni BX	+0.1246%	8h	126.83	−0.019%	$31K	$127	—	as long as short
Binance BXUSDT	+0.1625%	8h	126.85	+0.002%	$797K	$484K	20x	as long as short
GRVT BX_USDT_Perp	+0.2520%	8h	126.85	0.000%	$365	$123K	10x	as long as short