Funding you earn now, next payment 00:00 UTC+0.0064%/8h= +7.0% APRpaid last 24h +0.120%
Price spread now: OKX against Gate−0.027%7-day average −0.003% · you buy dearer than you sell
Net, funding: paid 7d − costs−$15as in the Funding arb table
Net, price: spread back to 7d avg − costs−$103as in the Price arb table
costs, in and out, $10k−$1011.011% of the position
Funding, last 7 days+0.863%+$86 on $10k
+Price spread, last 7 days+0.110%+$11 · spread now −0.027%, 7d avg −0.003%
=Funding pays, the price is against you. OKX is 0.023% cheaper against Gate than usual: you would sell low and buy high (spread −0.027% now, against its 7-day average of −0.003%). If the spread goes back, that is −$2 on $10k: about 29 hours of funding at the current rate (+$2 a day). At the pace of the last 7 days (+0.863% in total) that is about 5 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate F_USDT | 0.003718 | 0.0036 | pay 0.0036% / 8h | 2h 21m | $180K | $1.4M | 25x |
| Short | OKX F-USDT-SWAP | 0.003717 | 0.0100 | get 0.0050% / 4h | 2h 21m | $741K | $2.2M | 20x |
Gate F_USDT
OKX F-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against Gate. 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
- $13.44
- Price spread: −0.027% → −0.003%
- −$2.35
- Slippage, 4 orders
- −$76.11
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$90.02
- Costs to cover
- 1.011%
- Break-even
- 53.9 days
Slippage from Gate: live order book, 5 min ago; OKX: 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 Gate live order book, 5 min ago | 4.03 bp | 20.1 bp −$20 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 5 min ago | 1.35 bp | 25.9 bp −$26 | 112.1 bp −$1,121 | doesn't fit | doesn't fit |
F on 10 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate F_USDTlong | +0.0036% | 8h | 0.003718 | long leg | $180K | $1.4M | 25x | |
| Aster FUSDT | +0.0100% | 4h | 0.003716 | −0.054% | $15K | $30K | 5x | as long as short |
| Binance FUSDT | +0.0100% | 4h | 0.003717 | −0.027% | $4.0M | $7.7M | 50x | as long as short |
| Bybit FUSDT | +0.0100% | 4h | 0.003717 | −0.027% | $2.4M | $2.6M | 25x | as long as short |
| OKX F-USDT-SWAPshort | +0.0100% | 4h | 0.003717 | −0.027% | $741K | $2.2M | 20x | |
| MEXC F_USDT | +0.0100% | 4h | 0.003717 | −0.027% | $642K | $193K | 50x | as long as short |
| KuCoin FUSDTM | +0.0100% | 4h | 0.003719 | +0.027% | $784K | $1.3M | 30x | as long as short |
| Bitget FUSDT | +0.0100% | 4h | 0.003717 | −0.027% | $510K | $995K | 50x | as long as short |
| BingX F-USDT | +0.0100% | 4h | 0.003719 | +0.027% | — | $6.6M | — | as long as short |
| Variational Omni F | +0.0100% | 4h | 0.003717 | −0.017% | $700 | $379 | — | as long as short |
Aster FUSDT
Binance FUSDT
Bybit FUSDT
MEXC F_USDT
KuCoin FUSDTM
Bitget FUSDT
BingX F-USDT
Variational Omni F