Funding you earn now, next payment 04:00 UTC+0.0146%/8h= +16.0% APRpaid last 24h −0.007%
Price spread now: OKX against tradeXYZ+0.164%7-day average +0.022% · you sell dearer than you buy
Net, funding: paid 7d − costs−$116as in the Funding arb table
Net, price: spread back to 7d avg − costs−$95as 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 for this trade now. Funding pays +$4 a day on $10k at the current rate, and OKX is 0.142% dearer against tradeXYZ than usual: you sell high and buy low: +$14 more if the spread goes back to its 7-day average of +0.022%. Mind the row above: over the last 7 days funding on this pair cost −0.064%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:EWT | 115.68 | −0.0146 | get 0.0018% / 1h | 59m 26s | $691K | $190K | 20x |
| Short | OKX EWT-USDT-SWAP | 115.87 | 0 | get 0.0000% / 8h | 4h 59m | $173K | $164K | 20x |
tradeXYZ xyz:EWT
OKX EWT-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against tradeXYZ. 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
- $30.72
- Price spread: +0.164% → +0.022%
- $14.23
- Slippage, 4 orders
- −$81.66
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$64.71
- Costs to cover
- 1.097%
- Break-even
- 21.7 days
Slippage from tradeXYZ: live order book, 37 min ago; OKX: live order book, 60 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 tradeXYZ live order book, 37 min ago | 2.59 bp | 27.9 bp −$28 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 60 min ago | 3.45 bp | 56.3 bp −$56 | doesn't fit | 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:EWTlong | −0.0146% | 1h | 115.68 | long leg | $691K | $190K | 20x | |
| Aster EWTUSDT | 0.0000% | 8h | 115.65 | −0.025% | $3K | $76 | 20x | as long as short |
| Binance EWTUSDT | 0.0000% | 8h | 115.70 | +0.018% | $475K | $806K | 20x | as long as short |
| Bybit EWTUSDT | 0.0000% | 8h | 115.62 | −0.052% | $222K | $139K | 25x | as long as short |
| OKX EWT-USDT-SWAPshort | 0.0000% | 8h | 115.87 | +0.164% | $173K | $164K | 20x | |
| Gate EWT_USDT | 0.0000% | 8h | 115.72 | +0.035% | $44K | $4K | 25x | as long as short |
| MEXC EWT_USDT | 0.0000% | 8h | 115.66 | −0.017% | $2.4M | $91K | 50x | as long as short |
| Bitget EWTUSDT | 0.0000% | 8h | 115.74 | +0.052% | $1.3M | $434K | 20x | as long as short |
| Variational Omni EWT | 0.0000% | 8h | 115.66 | −0.016% | $57K | $14K | — | as long as short |
| GRVT EWT_USDT_Perp | 0.0000% | 8h | 115.72 | +0.035% | $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 | +0.009% | $919 | $336K | 10x | as long as short |
| HTX EWT-USDT | 0.0000% | 8h | 115.54 | −0.121% | $16K | $7K | 10x | as long as short |
SunX EWT-USDT
HTX EWT-USDT