Funding you earn now, next payment 03:00 UTC−0.0028%/8h= −3.1% APRpaid last 24h +0.007%
Price spread now: tradeXYZ against OKX−0.164%7-day average −0.022% · you buy dearer than you sell
Net, funding: paid 7d − costs−$103as in the Funding arb table
Net, price: spread back to 7d avg − costs−$124as in the Price arb table
costs, in and out, $10k−$1101.097% of the position
Funding, last 7 days+0.064%+$6 on $10k
+Price spread, last 4 days (all we have)+0.128%+$13 · spread now −0.164%, 7d avg −0.022%
=Together, before fees+0.192%+ Points / potential airdroptradeXYZ: Active · farm board+$19 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and tradeXYZ is 0.142% cheaper against OKX than usual: you would sell low and buy high (−$14 if the spread goes back to its 7-day average of −0.022%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.064%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX EWT-USDT-SWAP | 115.87 | 0 | get 0.0000% / 8h | 5h 00m | $173K | $164K | 20x |
| Short | tradeXYZ xyz:EWT | 115.68 | −0.0028 | pay 0.0004% / 1h | 0m 00s | $691K | $191K | 20x |
OKX EWT-USDT-SWAP
tradeXYZ xyz:EWTFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- −$5.97
- Price spread: −0.164% → −0.022%
- −$14.2
- Slippage, 4 orders
- −$81.66
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$129.83
- Costs to cover
- 1.097%
- Break-even
- never at this rate
Slippage from OKX: live order book, 60 min ago; tradeXYZ: live order book, 37 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, 60 min ago | 3.45 bp | 11.7 bp −$12 | doesn't fit | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 37 min ago | 2.59 bp | 13.7 bp −$14 | 40.9 bp −$409 | doesn't fit | doesn't fit |
EWT on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:EWTshort | −0.0028% | 1h | 115.68 | −0.164% | $691K | $191K | 20x | |
| Aster EWTUSDT | 0.0000% | 8h | 115.61 | −0.224% | $3K | $76 | 20x | as long as short |
| Binance EWTUSDT | 0.0000% | 8h | 115.67 | −0.172% | $475K | $806K | 20x | as long as short |
| Bybit EWTUSDT | 0.0000% | 8h | 115.60 | −0.233% | $222K | $139K | 25x | as long as short |
| OKX EWT-USDT-SWAPlong | 0.0000% | 8h | 115.87 | long leg | $173K | $164K | 20x | |
| Gate EWT_USDT | 0.0000% | 8h | 115.72 | −0.129% | $44K | $4K | 25x | as long as short |
| MEXC EWT_USDT | 0.0000% | 8h | 115.66 | −0.181% | $2.4M | $95K | 50x | as long as short |
| Bitget EWTUSDT | 0.0000% | 8h | 115.74 | −0.112% | $1.3M | $434K | 20x | as long as short |
| Variational Omni EWT | 0.0000% | 8h | 115.66 | −0.180% | $57K | $14K | — | as long as short |
| GRVT EWT_USDT_Perp | 0.0000% | 8h | 115.73 | −0.121% | $3K | $181K | 10x | as long as short |
Aster EWTUSDT
Binance EWTUSDT
Bybit EWTUSDT
Gate EWT_USDT
MEXC EWT_USDT
Bitget EWTUSDT
Variational Omni EWT
GRVT EWT_USDT_PerpShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX EWT-USDT | 0.0000% | 8h | 115.69 | −0.155% | $919 | $336K | 10x | as long as short |
| HTX EWT-USDT | 0.0000% | 8h | 115.54 | −0.285% | $16K | $7K | 10x | as long as short |
SunX EWT-USDT
HTX EWT-USDT