Funding you earn now, next payment 04:00 UTC+0.0198%/8h= +21.7% APRnext payment +$0.99 per $10,000 · paid last 24h −0.032%
Price spread now: Gate against OKX−0.236%7-day average +0.077% · you buy dearer than you sell
Net, funding: paid 7d − costs−$535as in the Funding arb table
Net, price: spread back to 7d avg − costs−$570as in the Price arb table
costs, in and out, $10k−$5395.387% of the position
Funding, last 7 days+0.036%+$4 on $10k
+Price spread, last 4 days (all we have)+0.551%+$55 · spread now −0.236%, 7d avg +0.077%
=Funding pays, the price is against you. Gate is 0.313% cheaper against OKX than usual: you would sell low and buy high (spread −0.236% now, against its 7-day average of +0.077%). If the spread goes back, that is −$31 on $10k: about 5.3 days of funding at the current rate (+$6 a day). At the pace of the last 7 days (+0.036% in total) that is about 2 months.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.036% in total (about 1.9% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.99 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 | OKX BSB-USDT-SWAP | 0.1059 | 0.0100 | pay 0.0050% / 4h | 1h 10m | $1.2M | $1.9M | 10x |
| Short | Gate BSB_USDT | 0.1056 | 0.0298 | get 0.0149% / 4h | 1h 10m | $634K | $130K | 20x |
Funding 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
- $41.58
- Price spread: −0.236% → +0.077%
- −$31.27
- Slippage, 4 orders
- −$513.66
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$528.35
- Costs to cover
- 5.387%
- Break-even
- 95.9 days
Slippage from OKX: live order book, 1 min ago; Gate: live order book, 51 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 | 1.89 bp | 29.3 bp −$29 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 51 min ago | 10.81 bp | 196.7 bp −$197 | doesn't fit | doesn't fit | doesn't fit |
BSB 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit BSBUSDT | +0.0100% | 4h | 0.1056 | −0.274% | $2.9M | $789K | 25x | as long as short |
| OKX BSB-USDT-SWAPlong | +0.0100% | 4h | 0.1059 | long leg | $1.2M | $1.9M | 10x | |
| KuCoin BSBUSDTM | +0.0100% | 4h | 0.1056 | −0.227% | $502K | $128K | 10x | as long as short |
| Bitget BSBUSDT | +0.0100% | 4h | 0.1059 | −0.019% | $3.4M | $840K | 10x | as long as short |
| Variational Omni BSB | +0.0100% | 4h | 0.1055 | −0.392% | $2K | $2K | — | as long as short |
| SunX BSB-USDT | +0.0100% | 4h | 0.1057 | −0.161% | $1K | $923K | 10x | as long as short |
| Binance BSBUSDT | +0.0207% | 4h | 0.1060 | +0.076% | $6.1M | $3.4M | 10x | as long as short |
| Extended BSB-USD | +0.0208% | 1h | 0.1059 | +0.035% | $4K | $178K | 5x | as long as short |
| MEXC BSB_USDT | +0.0214% | 4h | 0.1060 | +0.076% | $1.1M | $170K | 50x | as long as short |
| BingX BSB-USDT | +0.0228% | 4h | 0.1056 | −0.274% | — | $1.7M | — | as long as short |
Show all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin BSB-USDT | +0.0234% | 4h | 0.1057 | −0.208% | $274K | $42K | 10x | as long as short |
| Aster BSBUSDT | +0.0286% | 4h | 0.1058 | −0.132% | $29K | $17K | 5x | as long as short |
| Gate BSB_USDTshort | +0.0298% | 4h | 0.1056 | −0.236% | $634K | $130K | 20x |
OKX BSB-USDT-SWAP
Gate BSB_USDT
Bybit BSBUSDT
KuCoin BSBUSDTM
Bitget BSBUSDT
Variational Omni BSB
SunX BSB-USDT
Binance BSBUSDT
Extended BSB-USD
MEXC BSB_USDT
BingX BSB-USDT
BloFin BSB-USDT
Aster BSBUSDT