MUBARAK

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.1218%/8h= −133.4% APRnext payment −$6.09 per $10,000 · paid last 24h −0.147%

Price spread now: OKX against Gate+0.073%7-day average −0.080% · you sell dearer than you buy

Net, funding: paid 7d − costs−$131as in the Funding arb table

Net, price: spread back to 7d avg − costs−$91as in the Price arb table

costs, in and out, $10k−$1061.064% of the position

Long on Gate Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.250%−$25 on $10k

Price spread, last 7 days−0.018%−$2 · spread now +0.073%, 7d avg −0.080%

Together, before fees−0.268%−$27 on $10k · with fees, hour by hour

The price spread pays, funding is against you. OKX is 0.152% dearer against Gate than usual: you sell high and buy low (spread +0.073% now, against its 7-day average of −0.080%): +$15 on $10k if it goes back. Holding the pair costs −$37 a day in funding at the current rate, which eats that in about 10 hours. At the pace of the last 7 days (−0.250% in total) that is about 4.3 days.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.250% in total (about -13.0% a year). A funding rate is set anew for every payment; at this rate the next one is about −$6.09 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	Gate MUBARAK_USDT	0.04674	0.1318	pay 0.0659% / 4h	19m 41s	$7.4M	$5.5M	50x
Short	OKX MUBARAK-USDT-SWAP	0.04677	0.0100	get 0.0050% / 4h	19m 41s	$2.9M	$60.0M	20x

Funding 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 it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee GatebpFee OKXbpOrdersPrice spread, now +0.073%Rate

Funding earned: −$255.78
Price spread: +0.073% → −0.080%: $15.23
Slippage, 4 orders: −$81.37
Fee Gate: 7.5 bp × 2 orders: −$15
Fee OKX: 5 bp × 2 orders: −$10
Net: −$346.92
Costs to cover: 1.064%
Break-even: never at this rate

Slippage from Gate: live order book, 4 min ago; OKX: live order book, 4 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, 4 min ago	6.45 bp	29.7 bp −$30	507.8 bp −$5,078	doesn't fit	doesn't fit
Sell OKX live order book, 4 min ago	3.72 bp	17.7 bp −$18	96.3 bp −$963	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
Bybit MUBARAKUSDT	+0.0100%	4h	0.04674	+0.009%	$3.5M	$11.6M	25x	as long as short
OKX MUBARAK-USDT-SWAPshort	+0.0100%	4h	0.04677	+0.073%	$2.9M	$60.0M	20x
Variational Omni MUBARAK	+0.0100%	4h	0.04690	+0.342%	$12K	$55K	—	as long as short
MEXC MUBARAK_USDT	+0.0180%	4h	0.04679	+0.107%	$927K	$1.5M	50x	as long as short
Binance MUBARAKUSDT	+0.0181%	4h	0.04666	−0.171%	$17.7M	$95.7M	25x	as long as short
KuCoin MUBARAKUSDTM	+0.0354%	4h	0.04676	+0.043%	$1.7M	$1.2M	30x	as long as short
BingX MUBARAK-USDT	+0.0388%	4h	0.04679	+0.107%	—	$3.2M	—	as long as short
Bitget MUBARAKUSDT	+0.0416%	4h	0.04678	+0.086%	$3.0M	$7.7M	25x	as long as short
Aster MUBARAKUSDT	+0.0455%	4h	0.04669	−0.104%	$16K	$466K	5x	as long as short
Gate MUBARAK_USDTlong	+0.1318%	4h	0.04674	long leg	$7.4M	$5.5M	50x

Show all 11 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Kraken Futures PF_MUBARAKUSD	+0.4245%	1h	0.04654	−0.418%	$57K	$450K	10x	as long as short