Funding you earn now, next payment 08:00 UTC−0.0480%/8h= −52.6% APRnext payment −$2.40 per $10,000 · paid last 24h −0.008%
Price spread now: OKX against Bitget−0.204%7-day average +0.004% · you buy dearer than you sell
Net, funding: paid 7d − costs−$74as in the Funding arb table
Net, price: spread back to 7d avg − costs−$107as in the Price arb table
costs, in and out, $10k−$860.862% of the position
Funding, last 7 days+0.119%+$12 on $10k
+Price spread, last 7 days+0.252%+$25 · spread now −0.204%, 7d avg +0.004%
=Both sides work against this trade now: funding costs −$14 a day on $10k at the current rate, and OKX is 0.207% cheaper against Bitget than usual: you would sell low and buy high (−$21 if the spread goes back to its 7-day average of +0.004%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.119%, 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 0.119% in total (about 6.2% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.40 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 MUBARAKUSDT | 0.05405 | 0.0580 | pay 0.0290% / 4h | 2h 31m | $3.7M | $12.1M | 25x |
| Short | OKX MUBARAK-USDT-SWAP | 0.05394 | 0.0100 | get 0.0050% / 4h | 2h 31m | $4.0M | $88.9M | 20x |
Funding 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
- −$100.8
- Price spread: −0.204% → +0.004%
- −$20.71
- Slippage, 4 orders
- −$64.24
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$207.75
- Costs to cover
- 0.862%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 2 min ago; OKX: live order book, 2 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, 2 min ago | 8.44 bp | 23.3 bp −$23 | 204.7 bp −$2,047 | doesn't fit | doesn't fit |
| Sell OKX live order book, 2 min ago | 2.44 bp | 22.4 bp −$22 | 87.1 bp −$871 | doesn't fit | doesn't fit |
MUBARAK on 11 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_MUBARAKUSD | −0.0860% | 1h | 0.05359 | −0.854% | $73K | $571K | 10x | as long as short |
| OKX MUBARAK-USDT-SWAPshort | +0.0100% | 4h | 0.05394 | −0.204% | $4.0M | $88.9M | 20x | |
| Variational Omni MUBARAK | +0.0100% | 4h | 0.05325 | −1.481% | $11K | $63K | — | as long as short |
| MEXC MUBARAK_USDT | +0.0422% | 4h | 0.05400 | −0.093% | $1.3M | $1.9M | 50x | as long as short |
| Binance MUBARAKUSDT | +0.0433% | 4h | 0.05398 | −0.130% | $22.8M | $141.0M | 25x | as long as short |
| Bitget MUBARAKUSDTlong | +0.0580% | 4h | 0.05405 | long leg | $3.7M | $12.1M | 25x | |
| Aster MUBARAKUSDT | +0.0608% | 4h | 0.05405 | 0.000% | $14K | $653K | 5x | as long as short |
| KuCoin MUBARAKUSDTM | +0.0612% | 4h | 0.05404 | −0.019% | $2.2M | $2.0M | 30x | as long as short |
| BingX MUBARAK-USDT | +0.0874% | 4h | 0.05401 | −0.074% | — | $3.6M | — | as long as short |
| Bybit MUBARAKUSDT | +0.1144% | 4h | 0.05403 | −0.035% | $5.3M | $17.8M | 25x | as long as short |
Show all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate MUBARAK_USDT | +0.2654% | 4h | 0.05415 | +0.185% | $9.3M | $8.2M | 50x | as long as short |
Bitget MUBARAKUSDT
OKX MUBARAK-USDT-SWAP
Kraken Futures PF_MUBARAKUSD
Variational Omni MUBARAK
MEXC MUBARAK_USDT
Binance MUBARAKUSDT
Aster MUBARAKUSDT
KuCoin MUBARAKUSDTM
BingX MUBARAK-USDT
Bybit MUBARAKUSDT
Gate MUBARAK_USDT