Funding you earn now, next payment 04:00 UTC+0.0265%/8h= +29.0% APRnext payment +$1.33 per $10,000 · paid last 24h +0.025%
Price spread now: OKX against Bitget+0.027%7-day average +0.053% · you sell dearer than you buy
Net, funding: paid 7d − costs−$205as in the Funding arb table
Net, price: spread back to 7d avg − costs−$201as in the Price arb table
costs, in and out, $10k−$1981.983% of the position
Funding, last 7 days−0.072%−$7 on $10k
+Price spread, last 4 days (all we have)−0.037%−$4 · spread now +0.027%, 7d avg +0.053%
=Funding pays, the price is against you. OKX is 0.026% cheaper against Bitget than usual: you would sell low and buy high (spread +0.027% now, against its 7-day average of +0.053%). If the spread goes back, that is −$3 on $10k: about 8 hours of funding at the current rate (+$8 a day). Mind the row above: over the last 7 days funding on this pair cost −0.072%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.072% in total (about -3.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.33 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 ACTUSDT | 0.01111 | 0.0100 | pay 0.0050% / 4h | 2h 23m | $268K | $87K | 10x |
| Short | OKX ACT-USDT-SWAP | 0.01111 | 0.0365 | get 0.0183% / 4h | 2h 23m | $802K | $1.5M | 10x |
Bitget ACTUSDT
OKX ACT-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
- $55.68
- Price spread: +0.027% → +0.053%
- −$2.55
- Slippage, 4 orders
- −$176.26
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$145.14
- Costs to cover
- 1.983%
- Break-even
- 25.2 days
Slippage from Bitget: live order book, 37 min ago; OKX: live order book, 3 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, 37 min ago | 9.05 bp | 46.9 bp −$47 | 521.7 bp −$5,217 | doesn't fit | doesn't fit |
| Sell OKX live order book, 3 min ago | 0.90 bp | 43.2 bp −$43 | doesn't fit | doesn't fit | doesn't fit |
ACT on 7 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 ACTUSDT | +0.0100% | 4h | 0.01109 | −0.162% | $2.1M | $2.3M | 10x | as long as short |
| MEXC ACT_USDT | +0.0100% | 4h | 0.01109 | −0.180% | $6.5M | $111K | 20x | as long as short |
| Bitget ACTUSDTlong | +0.0100% | 4h | 0.01111 | long leg | $268K | $87K | 10x | |
| Bybit ACTUSDT | +0.0149% | 4h | 0.01111 | +0.009% | $598K | $413K | 25x | as long as short |
| BingX ACT-USDT | +0.0364% | 4h | 0.01110 | −0.090% | — | $1.3M | — | as long as short |
| OKX ACT-USDT-SWAPshort | +0.0365% | 4h | 0.01111 | +0.027% | $802K | $1.5M | 10x | |
| Gate ACT_USDT | +0.0398% | 4h | 0.01110 | −0.090% | $143K | $77K | 25x | as long as short |
Binance ACTUSDT
MEXC ACT_USDT
Bybit ACTUSDT
BingX ACT-USDT
Gate ACT_USDT