Funding you earn now, next payment 08:00 UTC+0.0036%/8h= +4.0% APRnext payment +$0.36 per $10,000 · paid last 24h +0.008%
Price spread now: OKX against Bitget+0.444%7-day average +0.205% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$283as in the Price arb table
costs, in and out, $10k−$3073.068% of the position
Funding, last 1 day (all we have)+0.008%+$1 on $10k
+Price spread, last 1 day (all we have)−0.231%−$23 · spread now +0.444%, 7d avg +0.205%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and OKX is 0.238% dearer against Bitget than usual: you sell high and buy low: +$24 more if the spread goes back to its 7-day average of +0.205%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget OKLOUSDT | 40.570 | 0 | get 0.0000% / 8h | 3h 43m | $986K | $619K | 20x |
| Short | OKX OKLO-USDT-SWAP | 40.750 | 0.0036 | get 0.0036% / 8h | 3h 43m | $105K | $798K | 20x |
Bitget OKLOUSDT
OKX OKLO-USDT-SWAPFunding 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $7.65
- Price spread: +0.444% → +0.205%
- $23.85
- Slippage, 4 orders
- −$284.81
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$275.32
- Costs to cover
- 3.068%
- Break-even
- 259.0 days
Slippage from Bitget: live order book, 7 min ago; OKX: live order book, 7 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, 7 min ago | 12.31 bp | 21.6 bp −$22 | 63.4 bp −$634 | doesn't fit | doesn't fit |
| Sell OKX live order book, 7 min ago | 2.58 bp | 129.7 bp −$130 | doesn't fit | doesn't fit | doesn't fit |
OKLO on 5 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective OKLO/USDC PERP | −0.0220% | 1h | 36.530 | −9.958% | $6K | $11K | 12x | as long as short |
| Bitget OKLOUSDTlong | 0.0000% | 8h | 40.570 | long leg | $986K | $619K | 20x | |
| OKX OKLO-USDT-SWAPshort | +0.0036% | 8h | 40.750 | +0.444% | $105K | $798K | 20x | |
| BloFin OKLO-USDT | +0.0068% | 8h | 40.711 | +0.348% | $44K | $10K | 20x | as long as short |
| KuCoin OKLOUSDTM | +0.0411% | 8h | 40.580 | +0.025% | $56K | $443K | 10x | as long as short |
Injective OKLO/USDC PERP
BloFin OKLO-USDT
KuCoin OKLOUSDTM