Funding you earn now, next payment 00:00 UTC−0.0058%/8h= −6.3% APRnext payment −$0.29 per $10,000 · paid last 24h −0.010%
Price spread now: Gate against OKX+0.018%7-day average −0.076% · you sell dearer than you buy
Net, funding: paid 7d − costs−$477as in the Funding arb table
Net, price: spread back to 7d avg − costs−$476as in the Price arb table
costs, in and out, $10k−$4864.859% of the position
Funding, last 7 days+0.086%+$9 on $10k
+Price spread, last 4 days (all we have)−0.136%−$14 · spread now +0.018%, 7d avg −0.076%
=The price spread pays, funding is against you. Gate is 0.094% dearer against OKX than usual: you sell high and buy low (spread +0.018% now, against its 7-day average of −0.076%): +$9 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 5.4 days. Mind the row above: over the last 7 days funding on this pair paid +0.086%, 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 | 0.01100 | 0.0158 | pay 0.0079% / 4h | 2h 23m | $774K | $1.3M | 10x |
| Short | Gate ACT_USDT | 0.01100 | 0.0100 | get 0.0050% / 4h | 2h 23m | $142K | $84K | 25x |
OKX ACT-USDT-SWAP
Gate ACT_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$12.17
- Price spread: +0.018% → −0.076%
- $9.38
- Slippage, 4 orders
- −$460.86
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$488.65
- Costs to cover
- 4.859%
- Break-even
- never at this rate
Slippage from OKX: live order book, 3 min ago; Gate: live order book, 59 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, 3 min ago | 0.91 bp | 33.4 bp −$33 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 59 min ago | 13.63 bp | 224.3 bp −$224 | 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 | 0.01099 | −0.063% | $2.1M | $2.2M | 10x | as long as short |
| Bybit ACTUSDT | +0.0100% | 4h | 0.01101 | +0.109% | $574K | $339K | 25x | as long as short |
| Gate ACT_USDTshort | +0.0100% | 4h | 0.01100 | +0.018% | $142K | $84K | 25x | |
| MEXC ACT_USDT | +0.0100% | 4h | 0.01099 | −0.064% | $6.4M | $113K | 20x | as long as short |
| Bitget ACTUSDT | +0.0100% | 4h | 0.01099 | −0.073% | $261K | $91K | 10x | as long as short |
| BingX ACT-USDT | +0.0116% | 4h | 0.01099 | −0.045% | — | $1.3M | — | as long as short |
| OKX ACT-USDT-SWAPlong | +0.0158% | 4h | 0.01100 | long leg | $774K | $1.3M | 10x |
Binance ACTUSDT
Bybit ACTUSDT
MEXC ACT_USDT
Bitget ACTUSDT
BingX ACT-USDT