Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.001%
Price spread now: OKX against Bitget−0.232%7-day average −0.095% · you buy dearer than you sell
Net, funding: paid 7d − costs−$124as in the Funding arb table
Net, price: spread back to 7d avg − costs−$135as in the Price arb table
costs, in and out, $10k−$1211.215% of the position
Funding, last 7 days−0.024%−$2 on $10k
+Price spread, last 4 days (all we have)−0.038%−$4 · spread now −0.232%, 7d avg −0.095%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.138% cheaper against Bitget than usual: you would sell low and buy high, −$14 on $10k if it goes back to its 7-day average of −0.095%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget ATHUSDT | 0.005593 | 0.0100 | pay 0.0050% / 4h | 47m 18s | $1.6M | $793K | 25x |
| Short | OKX ATH-USDT-SWAP | 0.005580 | 0.0100 | get 0.0050% / 4h | 47m 18s | $709K | $1.2M | 20x |
Bitget ATHUSDT
OKX ATH-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
- $0
- Price spread: −0.232% → −0.095%
- −$13.76
- Slippage, 4 orders
- −$99.47
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$135.23
- Costs to cover
- 1.215%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 4 min ago; OKX: live order book, 4 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, 4 min ago | 6.24 bp | 23.6 bp −$24 | 93.1 bp −$931 | doesn't fit | doesn't fit |
| Sell OKX live order book, 4 min ago | 3.58 bp | 34.7 bp −$35 | doesn't fit | doesn't fit | doesn't fit |
ATH on 13 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ATHUSD | −0.3555% | 1h | 0.005585 | −0.142% | $19K | $106K | 10x | as long as short |
| dYdX ATH-USD | 0.0000% | 1h | 0.005595 | +0.041% | $11K | $16 | 5x | as long as short |
| BloFin ATH-USDT | +0.0047% | 4h | 0.005590 | −0.054% | $172K | $63K | 75x | as long as short |
| Variational Omni ATH | +0.0047% | 4h | 0.005595 | +0.032% | $187K | $94K | — | as long as short |
| Aster ATHUSDT | +0.0100% | 4h | 0.005596 | +0.046% | $4K | $38K | 5x | as long as short |
| Binance ATHUSDT | +0.0100% | 4h | 0.005593 | 0.000% | $3.4M | $3.8M | 50x | as long as short |
| Bybit ATHUSDT | +0.0100% | 4h | 0.005582 | −0.197% | $4.5M | $2.3M | 25x | as long as short |
| OKX ATH-USDT-SWAPshort | +0.0100% | 4h | 0.005580 | −0.232% | $709K | $1.2M | 20x | |
| Gate ATH_USDT | +0.0100% | 4h | 0.005585 | −0.143% | $796K | $515K | 30x | as long as short |
| MEXC ATH_USDT | +0.0100% | 4h | 0.005592 | −0.018% | $8.9M | $550K | 50x | as long as short |
Kraken Futures PF_ATHUSD
dYdX ATH-USD
BloFin ATH-USDT
Variational Omni ATH
Aster ATHUSDT
Binance ATHUSDT
Bybit ATHUSDT
Gate ATH_USDT
MEXC ATH_USDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin ATHUSDTM | +0.0100% | 4h | 0.005597 | +0.072% | $572K | $78K | 30x | as long as short |
| Bitget ATHUSDTlong | +0.0100% | 4h | 0.005593 | long leg | $1.6M | $793K | 25x | |
| BingX ATH-USDT | +0.0100% | 4h | 0.005589 | −0.072% | — | $21.9M | — | as long as short |
KuCoin ATHUSDTM
BingX ATH-USDT