ATH

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0061%/8h= +6.7% APRnext payment +$0.31 per $10,000 · paid last 24h +0.001%

Price spread now: Bitget against OKX+0.178%7-day average +0.092% · you sell dearer than you buy

Net, funding: paid 7d − costs−$134as in the Funding arb table

Net, price: spread back to 7d avg − costs−$128as in the Price arb table

costs, in and out, $10k−$1371.367% of the position

Long on OKX Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days+0.024%+$2 on $10k

Price spread, last 4 days (all we have)+0.372%+$37 · spread now +0.178%, 7d avg +0.092%

Together, before fees+0.396%+$40 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Bitget is 0.086% dearer against OKX than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of +0.092%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX ATH-USDT-SWAP	0.005613	0.0039	pay 0.0019% / 4h	2h 22m	$720K	$1.3M	20x
Short	Bitget ATHUSDT	0.005623	0.0100	get 0.0050% / 4h	2h 22m	$1.6M	$805K	25x

Funding 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 it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee OKXbpFee BitgetbpOrdersPrice spread, now +0.178%Rate

Funding earned: $12.89
Price spread: +0.178% → +0.092%: $8.63
Slippage, 4 orders: −$114.75
Fee OKX: 5 bp × 2 orders: −$10
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$115.23
Costs to cover: 1.367%
Break-even: 69.6 days

Slippage from OKX: live order book, 4 min ago; Bitget: live order book, 5 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, 4 min ago	6.22 bp	33.6 bp −$34	doesn't fit	doesn't fit	doesn't fit
Sell Bitget live order book, 5 min ago	6.21 bp	33.0 bp −$33	138.5 bp −$1,385	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	−0.3491%	1h	0.005611	−0.035%	$20K	$107K	10x	as long as short
Variational Omni ATH	−0.0146%	4h	0.005626	+0.228%	$189K	$94K	—	as long as short
dYdX ATH-USD	0.0000%	1h	0.005640	+0.477%	$11K	$16	5x	as long as short
OKX ATH-USDT-SWAPlong	+0.0039%	4h	0.005613	long leg	$720K	$1.3M	20x
Aster ATHUSDT	+0.0100%	4h	0.005624	+0.196%	$7K	$34K	5x	as long as short
Binance ATHUSDT	+0.0100%	4h	0.005629	+0.284%	$3.4M	$3.9M	50x	as long as short
Bybit ATHUSDT	+0.0100%	4h	0.005617	+0.071%	$4.5M	$2.3M	25x	as long as short
Gate ATH_USDT	+0.0100%	4h	0.005616	+0.053%	$805K	$530K	30x	as long as short
MEXC ATH_USDT	+0.0100%	4h	0.005625	+0.214%	$9.0M	$665K	50x	as long as short
KuCoin ATHUSDTM	+0.0100%	4h	0.005616	+0.053%	$564K	$84K	30x	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget ATHUSDTshort	+0.0100%	4h	0.005623	+0.178%	$1.6M	$805K	25x
BingX ATH-USDT	+0.0100%	4h	0.005621	+0.143%	—	$21.7M	—	as long as short
BloFin ATH-USDT	+0.0145%	4h	0.005635	+0.392%	$174K	$62K	75x	as long as short