Funding you earn now, next payment 08:00 UTC−0.0216%/8h= −23.6% APRnext payment −$1.08 per $10,000 · paid last 24h −0.035%
Price spread now: OKX against Bitget−0.019%7-day average +0.030% · you buy dearer than you sell
Net, funding: paid 7d − costs−$84as in the Funding arb table
Net, price: spread back to 7d avg − costs−$102as in the Price arb table
costs, in and out, $10k−$970.974% of the position
Funding, last 7 days+0.134%+$13 on $10k
+Price spread, last 7 days+0.219%+$22 · spread now −0.019%, 7d avg +0.030%
=Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and OKX is 0.049% cheaper against Bitget than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.030%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.134%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.134% in total (about 7.0% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.08 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 | Bitget DGAIUSDT | 1.0503 | 0.0100 | pay 0.0050% / 4h | 3h 22m | $189K | $1.5M | 20x |
| Short | OKX DGAI-USDT-SWAP | 1.0501 | −0.0116 | pay 0.0058% / 4h | 3h 22m | $888K | $45.5M | 20x |
Bitget DGAIUSDT
OKX DGAI-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
- −$45.3
- Price spread: −0.019% → +0.030%
- −$4.94
- Slippage, 4 orders
- −$75.42
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$147.67
- Costs to cover
- 0.974%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 4 min ago; OKX: live order book, 1 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 | 3.33 bp | 40.0 bp −$40 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 1 min ago | 0.48 bp | 14.3 bp −$14 | 97.2 bp −$972 | doesn't fit | doesn't fit |
DGAI 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 | |
|---|---|---|---|---|---|---|---|---|
| MEXC DGAI_USDT | −0.0118% | 4h | 1.0501 | −0.019% | $937K | $606K | 20x | as long as short |
| OKX DGAI-USDT-SWAPshort | −0.0116% | 4h | 1.0501 | −0.019% | $888K | $45.5M | 20x | |
| BloFin DGAI-USDT | −0.0083% | 4h | 1.0501 | −0.019% | $41K | $43K | 20x | as long as short |
| BingX DGAI-USDT | −0.0066% | 4h | 1.0519 | +0.152% | — | $810K | — | as long as short |
| Bybit DGAIUSDT | +0.0100% | 4h | 1.0505 | +0.019% | $679K | $18.3M | 20x | as long as short |
| Gate DGAI_USDT | +0.0100% | 4h | 1.0515 | +0.114% | $2.0M | $1.8M | 20x | as long as short |
| Bitget DGAIUSDTlong | +0.0100% | 4h | 1.0503 | long leg | $189K | $1.5M | 20x |
MEXC DGAI_USDT
BloFin DGAI-USDT
BingX DGAI-USDT
Bybit DGAIUSDT
Gate DGAI_USDT