Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Gate against OKX−0.367%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.367% cheaper against OKX than usual: you would sell low and buy high, −$37 on $10k if it goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX INIT-USDT-SWAP | 0.08454 | 0.0100 | pay 0.0050% / 4h | 3h 22m | $142K | $421K | 10x |
| Short | Gate INIT_USDT | 0.08423 | 0.0100 | get 0.0100% / 8h | 7h 22m | $82K | $15K | 25x |
OKX INIT-USDT-SWAP
Gate INIT_USDTFunding 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
- $0
- Price spread: −0.367% → 0.000%
- −$36.67
- Slippage, 4 orders
- no order book: not counted
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$61.67
- Costs to cover
- 0.250%
- Break-even
- never at this rate
Slippage unknown: OKX: live order book, 8 min ago; Gate: no order-book sample. Net counts fees only.
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, 8 min ago | 5.38 bp | 57.4 bp −$57 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate no order-book sample | — | — | — | — | — |
Gate: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
INIT 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_INITUSD | −0.0126% | 1h | 0.08463 | +0.105% | $5K | $13K | 10x | as long as short |
| Hyperliquid INIT | +0.0100% | 1h | 0.08448 | −0.073% | $314K | $135K | 3x | as long as short |
| Aster INITUSDT | +0.0100% | 4h | 0.08434 | −0.240% | $28K | $7K | 5x | as long as short |
| Binance INITUSDT | +0.0100% | 4h | 0.08449 | −0.059% | $3.5M | $2.4M | 25x | as long as short |
| Bybit INITUSDT | +0.0100% | 4h | 0.08431 | −0.272% | $1.4M | $1.1M | 25x | as long as short |
| OKX INIT-USDT-SWAPlong | +0.0100% | 4h | 0.08454 | long leg | $142K | $421K | 10x | |
| Gate INIT_USDTshort | +0.0100% | 8h | 0.08423 | −0.367% | $82K | $15K | 25x | |
| MEXC INIT_USDT | +0.0100% | 4h | 0.08449 | −0.059% | $448K | $141K | 20x | as long as short |
| KuCoin INITUSDTM | +0.0100% | 4h | 0.08440 | −0.166% | $328K | $37K | 25x | as long as short |
| Bitget INITUSDT | +0.0100% | 4h | 0.08442 | −0.142% | $437K | $191K | 25x | as long as short |
Kraken Futures PF_INITUSD
Hyperliquid INIT
Aster INITUSDT
Binance INITUSDT
Bybit INITUSDT
MEXC INIT_USDT
KuCoin INITUSDTM
Bitget INITUSDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX INIT-USDT | +0.0100% | 4h | 0.08444 | −0.118% | — | $6.5M | — | as long as short |
| Variational Omni INIT | +0.0100% | 4h | 0.08353 | −1.196% | $27K | $10K | — | as long as short |
| BloFin INIT-USDT | +0.0135% | 4h | 0.08387 | −0.793% | $153K | $34K | 25x | as long as short |
BingX INIT-USDT
Variational Omni INIT
BloFin INIT-USDT