Funding you earn now, next payment 00:00 UTC−0.0046%/8h= −5.0% APRnext payment −$0.23 per $10,000 · paid last 24h −0.016%
Price spread now: Bitget against OKX−0.200%7-day average −0.048% · you buy dearer than you sell
Net, funding: paid 7d − costs−$145as in the Funding arb table
Net, price: spread back to 7d avg − costs−$169as in the Price arb table
costs, in and out, $10k−$1531.534% of the position
Funding, last 7 days+0.080%+$8 on $10k
+Price spread, last 4 days (all we have)+0.131%+$13 · spread now −0.200%, 7d avg −0.048%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Bitget is 0.152% cheaper against OKX than usual: you would sell low and buy high (−$15 if the spread goes back to its 7-day average of −0.048%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.080%, 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 ACT-USDT-SWAP | 0.01101 | 0.0146 | pay 0.0073% / 4h | 2h 25m | $775K | $1.4M | 10x |
| Short | Bitget ACTUSDT | 0.01099 | 0.0100 | get 0.0050% / 4h | 2h 25m | $261K | $91K | 10x |
OKX ACT-USDT-SWAP
Bitget ACTUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- −$9.59
- Price spread: −0.200% → −0.048%
- −$15.18
- Slippage, 4 orders
- −$131.35
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$178.13
- Costs to cover
- 1.534%
- Break-even
- never at this rate
Slippage from OKX: live order book, 1 min ago; Bitget: live order book, 57 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, 1 min ago | 0.91 bp | 33.4 bp −$33 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 57 min ago | 9.10 bp | 40.6 bp −$41 | 440.3 bp −$4,403 | 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 | 0.01100 | −0.126% | $2.1M | $2.2M | 10x | as long as short |
| Bybit ACTUSDT | +0.0100% | 4h | 0.01102 | +0.054% | $574K | $339K | 25x | as long as short |
| Gate ACT_USDT | +0.0100% | 4h | 0.01100 | −0.109% | $142K | $84K | 25x | as long as short |
| MEXC ACT_USDT | +0.0100% | 4h | 0.01100 | −0.145% | $6.4M | $113K | 20x | as long as short |
| Bitget ACTUSDTshort | +0.0100% | 4h | 0.01099 | −0.200% | $261K | $91K | 10x | |
| BingX ACT-USDT | +0.0116% | 4h | 0.01100 | −0.100% | — | $1.3M | — | as long as short |
| OKX ACT-USDT-SWAPlong | +0.0146% | 4h | 0.01101 | long leg | $775K | $1.4M | 10x |
Binance ACTUSDT
Bybit ACTUSDT
Gate ACT_USDT
MEXC ACT_USDT
BingX ACT-USDT